3D Bioprinting Market Research Report Information By Technology (Microextrusion Bioprinting, Inkjet 3D Bioprinting, Laser-assisted Bioprinting, Magnetic 3D Bioprinting), By Material (Living Cells, Hydrogels, And Extracellular Matrices), By Application (Research Applications, And Clinical Applications), By End Users (Pharmaceutical & Biotechnology Companies, Research and Organizations & Academic Institutes), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030
The 3D bioprinting market size was valued at USD 1.9 billion in 2022 and is projected to grow from USD 2.19 Billion in 2023 to USD 5.17 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.40% during the forecast period (2023 – 2030). The main market drivers boosting market growth are the lack of organ donors and the aging population with chronic respiratory illnesses.
3D bioprinting is a form of additive manufacturing technology used to produce biological tissues and organs. The process involves using a specialized 3D printer to lay down successive layers of material, such as bio-ink, to build up the final structure. The 3D bioprinting market refers to the sales and distribution of 3D bioprinting systems, bio-inks, and related products, as well as the services provided by companies that specialize in this field. This market encompasses a wide range of applications, including medical and scientific research, drug development, tissue engineering, and regenerative medicine. The 3D bioprinting market is expected to grow rapidly in the coming years as the technology advances and becomes more widely adopted
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The COVID-19 pandemic On one hand, the demand for bio-printed tissues and organs has increased as a result of the pandemic, as more people require medical treatments and cures. On the other hand, the supply chain and production of 3D bioprinting products have been disrupted by the pandemic, leading to delays and shortages in some cases. The pandemic has also increased awareness about the importance of developing more effective vaccines and treatments for diseases, which is expected to drive the demand for 3D bio-printed tissues and organs.
The pandemic has disrupted the global supply chain, making it difficult for companies to acquire the raw materials and components needed to produce 3D bioprinting products leading to a negative impact.
3D Bioprinting Market Segmentation
The Global 3D Bioprinting Market has been segmented into Product Type, Material, Application, and End User
Based on the Product Type, the market has been segmented into Microextrusion Bioprinting, Inkjet 3D Bioprinting, Laser-assisted Bioprinting, and Magnetic 3D Bioprinting.
Based on the Material, the market has been segmented into Living Cells, Hydrogels, and Extracellular Matrices.
Based on the Application, the market has been segmented into Research Applications, Clinical Applications.
Based on the End User, the market has been segmented into Pharmaceutical & Biotechnology Companies, Research Organizations & Academic Institutes.
3D Bioprinting Market Key Players
Some of the key market players are
- Organovo Holdings, Inc
- RegenHU Ltd
- EnvisionTEC
- Aspect Biosystems
- BioBots
- CELLINK
- Bio3D Technologies
- Nanoprint, Inc
- Solvay
- Stratasys Ltd
Browse In-depth Market Research Report (163 Pages) on 3D Bioprinting: https://www.marketresearchfuture.com/reports/3d-bioprinting-market-869
3D Bioprinting Market Regional Analysis
The market is expected to be dominated by Asia Pacific over the projection period. Due to the expanding number of COVID-19 cases and increased government R&D spending, Japan and China accounted for the greatest revenue share in the area. According to the Worldometer Report 2021, up until January 13th, 2021, China has around 87,706 active COVID-19 cases registered. Moreover, it is projected that a lack of organ donors and the rising death rate brought on by COVID-19 would further propel the 3D bioprinting industry in this area.
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