3D Bio Printing Market Competitive Landscape, Key Players, Business Opportunities and Forecast 2021-2030

The Global 3D Bio Printing Market size is estimated to be USD 1153.2 million in 2019 and is predicted to reach USD 7814.7million by 2030 with a CAGR of 19.0% from 2020-2030.

Recent advances in the three-dimensional (3D) printing have augmented feasibility towards the synthesis of living tissues. 3D bio printing technology incudes detailed layering of cells, biologic scaffolds, and biologic factors with an aim of reviewing a biologic tissue. This technology is based on additive manufacturing and is a rapidly developing field in regenerative medicine.

Insufficient organ donation is a major concern for all the individuals who are in need of an organ. 3D bio printing is a way to combat this issue and lower the risk of organ rejection. 3D bio printing is considered to be a game changing technology that prints human organs on demand, which reduces the requirement for living or deceased human donation or animal transplantation. Even though 3D bio printing is not yet completely developed, this technology offers numerous short-term and long-term benefits that holds great potential and plays a key role in development of personalized medicine.

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Competitive Landscape

Comprehensive competitive analysis and profiles of major market players such as Organovo, Cellink, Aspect Bio systems, Advanced Solutions Life Sciences, TRS – Tissue Regeneration Systems, nScrypt, Envision TEC, 3D Systems, Materialise NV, Bio3D Technologies, and MedPrin is also provided in this report.

Market Dynamics and Trends

The 3D bio printing technology is an emerging segment of the mainstream global 3D printing market. Based on the benefits offered by this technology, the global 3D bio printing market is expected to register substantial growth in the near future. The growth of this 3D bio printing market is mainly attributed to factors such as rising demand for high-throughput 3D-bioprinted tissue models for research and drug discovery, and growing demand for organ transplantation globally. Other factors that drive the 3D bio printing market, are growing research and development in the field of 3D bio printing, increasing public and private investments, and growing focus on development of personalized medicine. However, factors such as lack of skilled professionals and regulatory constraints are likely to restrain the growth of the market.

The field of 3D bio printing market has experienced rapid development since past few years. With progressing years, the size and cost of 3D printers is reduced, enabling its widespread use in different industries. Pharmaceutical and biotechnology companies along with major laboratories have made huge investments in the development of printing technology. Additionally, advancements in 3D bio printing technologies have enabled researchers to develop new 3D scaffolds with complex architectures in order to reduce the challenges that affects neural tissue regeneration. Along with this there are plenty of other developments being made with 3D bio printing, and the quick advancements in this field are expected to flourish the further innovations in the 3D bio printing market.

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Market Segmentations and Scope of the Study:

The global 3D Bio printing market share is analyzed on the basis of technology, application, material and geography. On the basis of technology, the market is segmented into laser-induced forward transfer, inkjet printing, robotic dispensing/micro extrusion, and others. According to the application, the market is classified into the medical (tissue and organ generation, prosthetic and implants, dental application, and others) and research (drug discovery and development, product testing, cell culture, and others) applications. Based on material the market is classified into ceramics, polymers, composites and other material. The end user segment is further segmented into hospitals, research and academic institutes, and other end users. The geographical segmentation covers North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.

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