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The global 3D BioprintingMarketwas valued at USD 411.32 million in 2016 and is projected to reach USD 3394.93 million by 2025, growing at a CAGR of 26.43% from 2017 to 2025.
Three dimensional (3D) bioprinting is the utilization of 3D printing and 3D printing-like techniques to combine cells, growth factors, and biomaterials to fabricate biomedical parts that maximally imitate natural tissue characteristics.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Growing Demand for Organ Transplantation
1.2 Rise in Public and Private Funding to Support 3D Bioprinting Research Activities
1.3 Increasing Use of 3D Bioprinting in the Drug Discovery Process
1.4 Growing Focus of Market Players on 3D Bioprinting
2. Market Restraints
2.1 Lack of Regulatory Guidelines Governing 3D Bioprinting
2.2 Dearth of Trained Professionals
Market Segmentation:
1. Global 3D BioprintingMarket, by Material:
1.1 Hydrogels
1.2 Extracellular Matrices
1.3 Living Cells
1.4 Other Biomaterials
2. Global 3D BioprintingMarket, by Application:
2.1 Research Applications
2.1.1 Drug Research
2.1.2 Regenerative Medicine
2.1.3 3D Cell Culture
2.2 Clinical Applications
2.2.1 Skin
2.2.2 Bone & Cartilage
2.2.3 Blood Vessels
3. Global 3D Bioprinting Market, by Technology:
3.1 Magnetic 3D Bioprinting
3.2 Laser-Assisted Bioprinting
3.3 Inkjet 3D Bioprinting
3.4 Microextrusion Bioprinting
4. Global 3D Bioprinting Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Organovo Holdings, Inc.
2. Envisiontec GmbH
3. Nano 3D Biosciences, Inc.
4. Cyfuse Biomedical K.K.
5. Regenhu Ltd.
6. Aspect Biosystems Ltd.
7. Biobots
8. Cellink
9. Gesim
10. Poietis
11. Regenovo Biotechnology Co., Ltd.
12. 3Dynamic Systems Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the 3D BioprintingMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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