3D Bio-Printing Market in North America Market Research, Insight, Forecast, Outlook & Analysis by Stratview Reports

Market & Growth Prognosis:
Analysing the market over a period of 2014-18, Stratview Research goes to the crux of the issues shaping the market and estimates the most probable future growth rate for the 3D Bio-Printing Market in North America during the period 2019-25.
Stratview Research triangulates the market to grow at a Healthy CAGR over the next five years.

The Diverse Stand Points
The true picture of the market shall not emerge till the time the market is analysed from various point of views. Each vantage point give better understanding of the market.
Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.

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The Liquid Biopsy Diagnostic Market: Highlights
Every ten minutes, someone is added to the national transplant waiting list in the American market. On an average 20-25 people die each day while waiting for a transplant surgery. The shortage of organ donors is not just confined to the US and scientists are turning to technology for help against this worldwide issue, In India and China the wait list is equally long. 3D Bio-printing market is expected to revolutionize the way humans are treated currently.

The North American market was worth USD 228.9 Million in 2018 and is expected to grow at a compound annual growth rate of 14.9% till 2025. It is expected that this market shall remain the largest till the next 5-6 years in terms of adoption and usage of 3D bio-printing.

Bio-printers work on the same concept as 3D printers. The key difference between the two is that bio-printers deposit layers of biomaterial instead, which may include living cells, to build complex structures like blood vessels or skin tissue. To do this the required cells are taken from the patient and then cultivated until there are enough to create the bio-ink, which is then loaded into the printer (Source: Piotr Wnuk).

Bioprinting has been considered as one of the most promising technologies for fabricating artificial tissues and organs that could fast track and disrupt the conventional diagnostic tools and enhance the treatment of many different medical conditions. According to U Dmirci “Just as the printing press allowed massive amounts of information to be accessed at low cost for the first time in mankind’s history, so bio-printing could potentially provide a high-throughput and affordable way to assemble cells to make complex tissue constructs that are widely available to a very large number of researchers and scientists”

In terms of usage this report identifies dental implants and prosthetics to be major beneficiaries and offer more opportunities for new investors. In terms of technology, photo-polymerization shall have the largest market share in North America and shall grow up to USD 237.45 Million in 2025 (from USD 67.20 million in 2018).

This report also explores companies such as 3D Bioprinting Solutions Russia as one of the key companies for collaborations. The company recently announced the results of its study which produced the world’s first 3D printed transplantable organ, which will be used on a mouse.

Cellin, Bio3D, Organov are few companies that shall lead the market and competitors need to track the developments of these companies. The report also showcases key companies for collaborations and offers direct contact details of stakeholders. This is a must buy for venture capitals and bankers who are looking at future investments, along with HC IT companies, 3D printing companies looking for openings in bio-printing.

This report can open gates to new businesses worldwide. Currently there are more than 2,000 children on the transplant waiting list and more than 100,000 Americans nationwide awaiting a matching organ. Most children aged one through 10 are awaiting a kidney, liver, or heart. As with any transplant, there are two ways to find an organ – someone can donate, or someone can die. Unfortunately, the supply falls far short of the demand, leaving people to die every day waiting for a second chance at life. Scientific and medical experts, however, continue to develop promising technology like 3D bioprinting that could save thousands of lives without the need of a donor.

The Report Highlights:
The Research Report offers a detailed look into market, its robust growth perspective, the factors influencing the industry, the competition intensity and a peek into the future.
The following are the key features of the report:
● Strategic segmentation
● Market analysis: Growth drivers and constraints, Porter’s five forces
● analysis, SWOT analysis
● Detailed Competitive Rivalry landscaping
● Market trend and forecast analysis
● Future Growth Boulevards

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This release was published on openPR.