3D Bioprinting Market Share Is Expected To Reach USD 1923.02 Million With Expanding at a CAGR of 24.59% By 2023 | MRFR

3D Bioprinting Market Share Is Expected To Reach USD 1923.02 Million With Expanding at a CAGR of 24.59% By 2023 | MRFR

3D Bioprinting Market
3D Bioprinting Market Analysis By Key Players, Trends, Insights, Dynamics, Future Outlook, Applications and Segmentation, Forecast to 2023

Market Overview

The global 3D Bioprinting Market share was valued USD 517.97 million in 2017 and expected to reach USD 1923.02 million with growing at a 24.59% CAGR during the forecast period (2018-2023). 3D or three-dimensional bioprinting is the use of 3D printing like methods for combining biomaterials, growth factors and cells for fabricating biomedical parts which maximally imitate the natural tissue characteristic. It uses the method of layer-by-layer for depositing materials called bioinks for creating tissue-like structures which are used later in tissue engineering and medical fields. A wide range of biomaterials is covered under bioprinting. Various factors are propelling the 3D bioprinting market growth.

Various factors are propelling the 3D bioprinting market growth. Some of these factors, according to the Market Research Future report, include increasing use of 3D printing in drug discovery and cosmetic surgery, innovations in 3D bioprinting, technological advancement to manufacture customized products, rise in geriatric population, the growing emphasis on research and development investment, and increasing need for organ transplantation.

However, socio-ethical concerns and limitations on biomaterial-based products are factors that may hinder the 3D bioprinting market growth over the forecast period.

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3D Bioprinting Market Segmentation

The MRFR report offers a wide segmental analysis of the 3D bioprinting market on the basis of

• Application
• Material
• End user
• Technology

Based on technology, the 3D bioprinting market is segmented into

• magnetic 3D bioprinting
• laser-assisted bioprinting
• inkjet 3D bioprinting
• microextrusion bioprinting

Of these, the microextrusion segment is predicted to have the largest share in the market over the forecast period owing to its wide applications in bioprinting.

Based on material, the 3D bioprinting market is segmented into

• extracellular matrices
• hydrogels
• living cells

Of these, the living cells segment will dominate the market over the forecast period.

Based on applications, the 3D bioprinting market is segmented into

• clinical applications
• research applications

Of these, the research application segment will lead the market over the forecast period owing to its wide use in regenerative medicine and 3D cell culture.

Based on end users, the 3D bioprinting market is segmented into

• research organizations
• academic institutes
• pharmaceutical
• biotechnology companies

Of these, the pharmaceutical and biotechnology companies’ segment will have the maximum share in the market over the forecast period.

Based on end users, the 3D bioprinting market is segmented into

• research organizations
• academic institutes
• pharmaceutical
• biotechnology companies

Of these, the pharmaceutical and biotechnology companies’ segment will have the maximum share in the market over the forecast period.

3D Bioprinting Market Key Players:

Top Key players profiled in the 3D bioprinting market report include

• Aspect Biosystems Ltd. (Canada)
• Regenovo Biotechnology Co. Ltd. (China)
• Organovo Holdings Inc. (U.S.)
• Allevi (U.S.)
• FUJIFILM Wako Automation Corporation (U.S.)
• REGENHU Ltd. (Switzerland)
• Nano3D Biosciences Inc. (U.S.)
• Cyfuse Biomedical K.K. (Japan)
• EnvisionTEC GmbH (Germany)
• Cellink AB (Sweden)
• Poietis (France)
• Stratasys Ltd. (U.S.)

Key players have incorporated various strategies to create a niche in the market such as expansions, partnerships, and innovations.

Regional Outlook

America

North America

• Canada
• US

South America

Europe

Western Europe

• Germany
• UK
• France
• Italy
• Spain

Rest Of Western Europe

Eastern Europe

Asia

• Japan
• India
• Australia
• China
• Republic Of Korea
• Rest Of Asia Pacific

Middle East & Africa

• United Arab Emirates
• Saudi Arabia
• Oman
• Kuwait
• Qatar

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