Growth of the 3D bioprinting market driven by the increase in organ transplant procedures around the world
MarketResearch.biz provides detailed information on the global 3D bioprinting market in its upcoming report titled “Global 3D bioprinting market Trends, Applications, Analysis, Growth and Forecast: 2018 to 2027 “.
The three-dimensional printing of biological organs and tissues by layer-by-layer deposition of living cells to create functional organs and tissues is called 3D bioprinting. 3D bio-printers, bio-inks and bioprocess protocols are used to create organic materials.
The increase in organ transplant procedures across the globe and the increase in funding and investment by major manufacturers in 3D bioprinting technology are major factors driving the growth of the global 3D bioprinting market. In addition, the increasing adoption of 3D bioprinting technology for dental implants, tissue engineering, and drug discovery process is another growth driver of the global market. The increasing adoption of 3D bio-printers in food industry and cosmetic industry is expected to further propel the growth of the target market to a large extent during the forecast period. Additionally, the use of 3D bioprinting technology could prevent rejection of cells in organ transplantation, and could also replace humans and animals in laboratory testing procedures. These Advantages Of 3D Bioprinting Technology Are Expected To Fuel Global Market Growth Over Forecast
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High cost of bioprinting devices and high processing cost are major factors hampering the growth of global 3D bioprinting market. Besides, the lack of skilled professionals and the lack of awareness of 3D bioprinting technology in some developing and underdeveloped countries are other factors hampering the growth of the global market.
The North American market dominates the global 3D bioprinting market in terms of revenue and is expected to maintain its dominance during the forecast period. This growth can be attributed to the increased investment in R&D of bioprinting technology by public and private actors, the early adoption of these technologies thanks to a well-developed health system and the high disposable income of individuals. in the countries of this region. The European 3D bioprinting market ranks second in the global market and is expected to experience significant growth over the next 10 years. The Asia-Pacific region market is expected to experience significant growth in terms of revenue and is expected to register a CAGR of XX, X% over the next 10 years. This growth can be attributed to the rapid development of health infrastructure and the increasing adoption of advanced health technologies in countries like India, China, Japan, etc.
Global segmentation of the 3D bioprinting market:
Segmentation on the basis of technology:
- Magnetic levitation
- Inkjet based
- Syringe based
- Laser based
Segmentation by application:
- Consumer / personal product testing
- Bio-printing of food and animal products
Segmentation on the basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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- Organovo Holdings Inc.
- Cyfuse Biomedical KK
- EnvisionTEC GmbH
- Allevi Inc.
- Nano3D Biosciences inc.
- 3Dynamic Systems Ltd.
- Aspect Biosystems Ltd.
- Regenovo Biotechnology Co. Ltd.
- TeVido BioDevices
- Bio3D Technologies
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