3D Bioprinting Market Current Trends 2018 | Business Opportunities, Challenges & Global Industry Analysis by 2027

The Global 3D Bio-Printing Market is expected to grow at an approximate CAGR of 25% during the forecast period 2018-2023. 3D bio-printing is used to identify key compositional and architectural elements of a target tissue. This elements are used to create a design that is utilized by a bio-printer to generate that tissue in a laboratory environment. 3D Bioprinting has wide range of applications in the field of medicine, engineering, education, and others.

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The 3D Bioprinting Market is exhibits growth due to developed healthcare infrastructure in the U.S. and presence of key players in the market. European 3D Bioprinting market also shows positive growth with rising government support for clinical trials and availability of funds for research. Focus on the applications of 3D Bioprinting in healthcare and overall development in the market are the major factors for the growth of the market. The market is led by Germany followed by France and U.K.

Major factor driving the market is use of3D bio-printing to regenerative medicine addressing need for tissues and organs suitable for transplantation. Further, healthcare expenditure and research and development activities in 3D Bioprinting also influence the market growth. North

3D Bioprinting Market - 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.

Different companies along with academic institutes and laboratories are investing a huge capital for 3D bioprinting research and development has supported the market growth. Key players in the market are involved in extensive R&D activities to use stem cells for bioprinting tissues, which drives the growth of this market. For instance, Materialise is one of the major player in this market. The company manufactures 3D bioprinters, and also undertakes 3D printing of anatomical models. In June 2017, Materialise improved 3D imaging and printing- clinical trials conducted in the U.S.

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Additionally, in March 2017, the company announced FDA clearance for their 3D-printed patient-specific radius and ulna osteotomy guides for children. In May 2017, the company announced they would begin production of 3D bioprinter using technology-HP Jet Fusion 3D 4200.
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.

Some of Major Table of Content for Global 3D Bioprinting Market Research Report – forecast till 2023:
1 Report Prologue
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4. Market Segmentation
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
TOC Continued…..!

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