Technological developments in 3D bioprinters and increasing investments in R&D of stem cells and regenerative drugs are driving the market demand
— Emerging research
VANCOUER, BC, CANADA, June 28, 2022 /EINPresswire.com/ — The global 3D bioprinting market is expected to reach USD 2,687.8 million by 2027, according to a new report from Emergen Research. The growth of this market can be attributed to technological developments in 3D bioprinters and increasing funding from private and public organizations to encourage bioprinting research. Rising investment in regenerative drug research and development and stem cell research is increasing the demand from the industry.
The Global 3D Bioprinting Market report evaluates historical and current data along with an in-depth analysis of market dynamics. The report also throws light on the market growth driving and restraining factors that are expected to influence the growth of the market during the forecast period. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimate of market growth in a post-COVID-19 scenario.
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3D bioprinting technology is also used in vaccine research by different biotherapeutic companies. Due to the pandemic, the 3D bioprinting market is expected to witness significant growth owing to the increase in demand during the forecast period. The pandemic has severely disrupted the healthcare industry’s supply chain and raw material supply. In such a time of crisis, many 3D bioprinting companies have decided to provide emergency medical supplies and equipment such as PPE kits, COVID-19 test kits and ventilators, to support workers in health.
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In-depth industry analysis, introduction, overview and outbreak of COVID-19 pandemic.
Providing Guidance by Chapter on Demand 2021 Updated Regional Analysis with Graphical Representation of Trends, Size and Share, includes an updated list of Figures and Tables.
The updated report includes key market players with their sales volume, business strategy, and revenue analysis using Emergen Research methodology.
The key players operating in the global 3D bioprinting market are:
Allevi Inc., Organovo Holdings, Inc., CELLINK, Aspect Biosystems Ltd., Cyfuse Biomedical KK, EnvisionTEC GmbH, TeVido BioDevices, Poietis, Digilab, Inc., and Nano3D Biosciences, Inc, among others.
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Research covers the following objectives:
To study and analyze the global 3D Bioprinting market by key regions/countries, product type and application, historical data forecast to 2027.
To understand the structure of 3D Bioprinting market by identifying its various subsegments.
Focuses on the key global 3D Bioprinting Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s Five Forces Analysis , SWOT analysis and development plans over the next few years.
To analyze the 3D Bioprinting Market with respect to individual growth trends, future prospects, and their contribution to the total market.
Some highlights of the report:
Inkjet printing is expected to capture the largest market share in 2019 owing to the growing adoption of inkjet printing in the healthcare industry.
Live cells led the market with a 46.2% revenue share in 2019, driven by growing funding from private and public organizations to encourage research in bioprinting technologies.
The research application is expected to register the largest market share in 2019 due to the growing demand for stem cell research and regenerative drugs.
North America led the market with a revenue share of 48.1% in 2019, owing to the presence of technologically advanced healthcare infrastructure and uninterrupted government initiatives to improve the healthcare industry .
Asia-Pacific is expected to witness the highest CAGR during the forecast period owing to the growing demand for organ transplants, cosmetic surgeries and lack of organ donors. In addition, increasing government investments in research and development of the vaccine due to rising cases of COVID-19 is expected to fuel the demand for 3D bioprinting in the region.
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Emergen Research has segmented the global 3D bioprinting market based on technology, material, application, and region:
Technology Outlook (Revenue, USD Billion; 2017-2027)
Material Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Clinical application (blood vessels, skin)
Research application (regenerative medicine, 3D cell culture, drug research)
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Geographical breakdown of the includes an analysis of major 3D Bioprinting market players present in the key regions of North America, Europe, Asia-Pacific, Latin America, Middle East & Africa . The report offers valuable insights into the market size, share, growth rate, production and consumption rate, supply/demand ratio, import/export, revenue contribution, and strategies adopted by major companies located in each region. Overall, the report offers an in-depth insight into current and emerging 3D Bioprinting market trends, along with the projected growth rate over the forecast period.
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