3D Bioprinting Market with Current Trends Analysis -2023 - iCrowdNewswire
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Mar 14, 2018 3:44 PM ET

3D Bioprinting Market with Current Trends Analysis -2023

iCrowdNewswire - Mar 14, 2018

These days, scientists are in the middle of transferring from printing tiny sheets of tissue to entire 3-D organs. The 3-D bioprinting is a brilliant innovation in the healthcare industry and assisting some of cardiac patients remodel their lives. 3-D bioprinting of human tissues and organs had been continuously evolving because the early 2000s.

The Global 3D Bio-Printing Market is expected to grow at an approximate CAGR of 25% during the forecast period 2018-2023. 

It has brought an innovative alternate inside the organ transplant methods and technology. It is a manner regarding the introduction of cell styles the usage of 3-d generation. With 3D bioprinting, it is viable to generate tissues via depositing materials known as bio-inks. Three-dimensional (3-D) printing is driving the best innovations within the discipline of engineering, manufacturing, artwork, schooling, and remedy. Latest advances in this discipline have enabled 3-d printing of biocompatible materials, cells and supporting additives into complex 3-D purposeful residing tissues. 3-D bioprinting has been used for the technology and transplantation of numerous tissues like multi-layered pores and skin, bone, vascular grafts, coronary heart tissue, tracheal splints, and cartilaginous systems. Different packages consist of generating excessive-throughput 3-d-bioprinted tissue models for studies, drug discovery and toxicology.

The market is expected to grow with the same trends during the forecast period. A major driver supporting the growth of the market will be use of 3D bioprinting in the field of next generation pharmaceutical revolution. For instance, the development of 3D-bioprinting for organ replacement offers a new solution for the 1,500 patients on the organ receiver waiting list every year in Australia.  Moreover, the market for 3D bioprinting is growing due to the increasing demand for bioprinting in the healthcare sector, high prevalence of chronic diseases, increasing number of organ transplants, and extensive research & development activities. Furthermore, growing stem cell research and increasing adoption of 3D bioprinting in cosmetic industry are expected to create ample growth opportunities for the global market. However, the high cost of 3D bioprinting, lack of skilled professionals and stringent regulatory processes are the key barriers for the growth of the global market.

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Competitive Analysis

Organovo Holdings, Inc (U.S.), Cellink AB (Sweden), Bio3D Technologies (Singapore), Aspect Biosystems Ltd. (Canada), Stratasys Ltd. (U.S.), Materialise (U.S.), Fathom (U.S.), BioBots (U.S.), and others are some of the prominent players at the forefront of competition in the Global 3D bioprinting Market and are profiled in MRFR Analysis.

Companies like Organovo, which are printing human tissues with the help of 3D bioprinters, developed in collaboration with Invetech, will lead us into the future of medicine. As the 3D bioprinting technology advances, synthetic body organs and artificial tissues will become a reality in future.

Moreover, Organovo Holding Inc. participated in conferences such as Cantor Fitzgerald Inaugural Healthcare Conference in 2015, in order to increase awareness regarding their current activities in the field of 3D bioprinting. The company also announced a partnership with L’Oreal in the field of hair and skin care to develop skin tissue using their NovoGen Bioprinting Platform. Therefore, the various key developments in the area of 3D bioprinting has upsurged the growth of the market.

LIST OF TABLES

Table 1        3D Bio-Printing Industry Synopsis, 2017 – 2023

Table 2        Global 3D Bio-Printing Market Estimates and Forecast, 2017 – 2023, (USD Million)

Table 3        Global 3D Bio-Printing Market by Region, 2017 – 2023, (USD Million)

Table 4        Global 3D Bio-Printing Market by Technique, 2017 – 2023, (USD Million)

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Table 5        Global 3D Bio-Printing Market by Application, 2017 – 2023, (USD Million)

Table 6        Global 3D Bio-Printing Market by Material, 2017 – 2023, (USD Million)

Table 7        Global 3D Bio-Printing Market by End Users, 2017 – 2023, (USD Million)

…Continued

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