Authored By: Sarah
15 Jul 2024

 3D Bioprinting Market Size to grow by USD 3558.3 million between 2024-2028

According to a research report “ 3D Bioprinting Market” by Application (Human tissue and organ generation, Medical testing, Dental, Prosthetics, Others) Solution (3D bioprinters, Bioprinting materials, Services and ancillary equipment) Geography (North America, Europe, Asia, Rest of World (ROW))- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 3558.3 million, at a CAGR of about 26.06% during the forecast period. In the realm of biomanufacturing, 3D printing presents significant advantages over conventional methods. This additive process allows for cost efficiency, enhanced productivity, and the fabrication of intricate freeform geometries and hybrid structures, which are challenging to achieve via traditional techniques such as forging, casting, and machining. Moreover, 3D printing enables the creation of rough or porous surface textures that promote bone ingrowth and minimize bone resorption around implants. Furthermore, this technology offers increased design flexibility, potential functional enhancements, and less wastage of raw materials, ultimately reducing processing costs by eliminating extraction and waste.

Browse market data tables, figures, and in-depth TOC on “3D Bioprinting Market” by Application (Human tissue and organ generation, Medical testing, Dental, Prosthetics, Others) Solution (3D bioprinters, Bioprinting materials, Services and ancillary equipment) Geography (North America, Europe, Asia, Rest of World (ROW)) Global Forecast to 2028. Download Free Sample

 

By Application, the Human tissue and organ generation segment is projected to dominate the market size in 2024

The 3D bioprinting market is experiencing significant growth due to advancements in biotechnology and biomaterials. This innovative technology enables the production of complex, three-dimensional structures of living cells, tissues, and organs for various applications, including drug discovery, tissue engineering, and regenerative medicine. Key players in this market are investing heavily in research and development to expand their product offerings and gain a competitive edge. The global 3D bioprinting market is projected to reach substantial growth in the coming years, driven by increasing demand for personalized medicine and the potential to revolutionize the healthcare industry.

By Solution, 3D bioprinters  segment is expected to hold the largest market size for the year 2024

The 3D bioprinting market represents a significant growth opportunity for businesses in the healthcare and biotechnology sectors. This cutting-edge technology enables the creation of complex, living structures by depositing bio-ink, comprised of living cells and biomaterials, layer by layer. Market growth is driven by advancements in biomaterials, increasing applications in tissue engineering and drug discovery, and the potential for personalized medicine. Businesses investing in 3D bioprinting can expect to reap rewards in the form of innovative products and services, improved research capabilities, and competitive advantages.

North America is forecasted to hold the largest market size by region in 2024

The 3D bioprinting market is experiencing significant growth due to the increasing demand for advanced medical solutions. This technology enables the creation of complex biological structures, offering potential applications in tissue engineering, drug discovery, and regenerative medicine. Key players in this industry are investing heavily in research and development to expand their product offerings and gain a competitive edge. The market is projected to reach substantial value by 2027, driven by technological advancements and growing applications in various industries.

The 3D Bioprinting Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • 3D Bioprinting Solutions
  • 3D Systems Corp.
  • Advanced Solutions Inc.
  • Aspect Biosystems Ltd.
  • BICO Group AB
  • CollPlant Biotechnologies Ltd.
  • Cyfuse Biomedical K.K.
  • Desktop Metal Inc.
  • Foldink
  • GE Healthcare Technologies Inc.
  • Hangzhou Jienuofei Biotechnology Co. Ltd.
  • Inventia Life Science Pty Ltd.
  • Organovo Holdings Inc.
  • Pandorum Technologies Pvt. Ltd.
  • Poietis
  • Precise Bio Inc.
  • regenHU Ltd.
  • ROKIT Healthcare Inc.
.

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Research Analysis Overview

The 3D bioprinting market is a rapidly growing sector in the healthcare industry, with various techniques such as extrusion-based, laser-assisted, and inkjet-based 3D printers being used to create natural tissues for drug development and tissue engineering. Bioprinting materials, including cells, proteins, and hydrogels, are used to create complex structures like organ models, drug delivery systems, and even artificial skin and hair follicles. Extrusion-based 3D printers use a syringe-like system to extrude biomaterials, while laser-assisted and inkjet-based printers use focused beams of energy or droplets of ink to create structures. Stratasys and Viscient Biosciences are key players in the market, using magnetic levitation and inkjet-based technologies, respectively. The potential applications of 3D bioprinting are vast, from creating organ models for medical research and organ transplants to developing drug delivery systems and artificial skin for burn victims. However, process control and potential damage to cells during the printing process remain challenges. The aging population and the shortage of organ donors have increased the demand for alternative solutions, making 3D bioprinting a promising area of research. For instance, researchers are working on creating nasopharyngeal swabs using 3D bioprinting for COVID-19 testing, and developing respiratory epithelium for use in ventilators and respirators. Drug molecules can also be incorporated into the bioprinted structures for targeted drug delivery. Overall, the 3D bioprinting market holds immense potential for medical treatments and advances in healthcare technology.

Market Research Overview

The 3D bioprinting market is experiencing significant growth as this innovative technology advances the fields of plastics, metals, and bioprinting materials in creating living tissues and organs. Two primary methods, extrusion-based and laser-assisted, are used to print with various biomaterials, including cells and natural tissues. Immunosuppressants are crucial in maintaining cell viability during the 3D printing process. Organs, implants, bone grafts, and even 3D printed skin are potential applications, revolutionizing bioengineering and medical treatments. Research in this area includes drug development, tissue engineering, and organ transplants. Bioprinting materials are essential, with potential damage from the printing process a key consideration. Process control is crucial to ensure successful 3D printing of complex structures like vascular muscle and respiratory epithelium. Skilled professionals and technological advancements continue to drive the market forward. Companies like Stratasys and Viscient Biosciences are at the forefront, developing 3D printed tissues and organs, including artificial skin, hair follicles, and even nasopharyngeal swabs. The aging population and limited organ donors increase the demand for 3D bioprinting, with potential applications in medical pills, bioassays, human cell regeneration, and drug delivery. Patent analysis reveals ongoing innovation in this field, including magnetic levitation, inkjet-based printing, and vascular muscle printing. Toxicity screening and drug molecule delivery are also areas of focus. The future of 3D bioprinting holds great promise for revolutionizing medical treatments and improving quality of life.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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