3D Cell Culture Market Size Projected to Surpass Reaching USD 4.0 Billion by 2032 with 12.4% CAGR – Research by SNS Insider [Yahoo! Finance]
Thermo Fisher Scientific Inc (TMO)
Last thermo fisher scientific inc earnings: 4/22 06:00 am
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Source: Yahoo! Finance
Pune, Dec. 18, 2024 (GLOBE NEWSWIRE) -- 3D Cell Culture Market Size & Growth Analysis: “According to SNS Insider, the global 3D Cell Culture Market , valued at USD 1.4 billion in 2023, is projected to reach USD 4.0 billion by 2032, growing at a 12.4% CAGR during the forecast period of 2024-2032.” Market Analysis The demand for 3D Cell Culture is growing at a rapid pace as it plays an important role in speeding up the drug development processes, increasing the precision of disease models, and reliable platforms for toxicity testing. Traditional 2D cell culture systems are unable to simulate the intricate cellular microenvironment, while, 3D cell cultures provide a more in vivo-like environment that allows more realistic predictions of cell behaviour and drug response. According to a 2023 report by the National Institutes of Health (NIH) on the low predictive value of most human cell-based models in clinical trials, failure rates for new drug candidates are approximately 95%. Thi
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TMO
Earnings
- 10/23/24 - Beat
TMO
Sec Filings
- 12/9/24 - Form 4
- 12/4/24 - Form 4
- 12/3/24 - Form 144
- TMO's page on the SEC website