3D Bioprinting Equipment Market - Size, Share, Outlook, and Forecast till 2026

3D bioprinter is a mechanical device used for printing three-dimensional biological structures such as tissue or organs. The materials used in the bioprinting process are specifically engineered and infused with living cells. The equipment comprises tools and devices used to cultivate the bioprinted structure. Bioprinting is a process of three-dimensional (3D) printing of biological tissue and organs through the layering of living cells. The process creates an architectural design mimicking the basic composition of the target tissue or organ. Using a bioprinter the design is deposited in thin layers of cells using a bioprint head, which moves either left and right or up and down in the required configuration. Bioprinters use bio-ink or bioprocess protocols to develop organic materials. Dissolvable hydrogel supports cells as tissues, which act as fillers to fill empty spaces.

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Increasing adoption of 3D bioprinting equipment by various research organizations to meet the medical needs of patients is a major factor driving growth of the 3D bioprinting equipment market. Furthermore, 3D bioprinting has applications in organ transplants, surgical therapy, tissue engineering, and reconstructive surgery, which is fueling growth of the 3D bioprinting equipment market. However, high cost of equipment is key factor restraining growth of the 3D bioprinting equipment market. Moreover, lack of skilled professionals is further negatively affecting growth of the market, as the process is very sensitive and has low success rates.

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Key Developments of 3D Bioprinting Equipment Market

Market players are engaged in developing technologically advanced equipment in 3D bioprinting in order to meet the increasing demand from research organizations of various economies. For instance, in May 2018, researchers from University of Toronto developed an innovative handheld bio-pen 3D bio-printing device, which is capable of printing skin tissue on deep wounds to accelerate healing process in real-time. Furthermore, in April 2018, researchers from Carnegie Mellon University developed new 3D bio-printer by modifying a regular desktop FDM machine. The novel device is cost-effective bio-printing equipment. Major players operating in 3D bioprinting equipment market include 3D Systems, Organovo, EnvisionTEC, 3D Biotek, Exone, Stratasys, RegenHU, Bespoke Innovations, Advanced BioMatrix, Nano3D Biosciences, Digilab, and Voxeliet.

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