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Global 3D Bioprinting Market Size, Share 2020| Key Manufacturers, Regions, Production Overview, Growth and Forecast to 2020-2023

01-31-2020 12:24 PM CET | IT, New Media & Software

Press release from: Market Reports World

Global "3D Bioprinting" Market report (2020- 2023) objectives is to provide in-depth information about 3D Bioprinting industry with market outlook, key trends, business plans, future prospect of industry. It comprehends market new product analysis, financial overview, strategies and marketing trends. 3D Bioprinting market report also offers an overview of revenue, sales, product demand, and supply of data, cost, and growth analysis during the forecast year. It also studies the current market status with future trends that can affect the market growth rate and covers the major growth prospect over the forthcoming years.

Get a sample copy of the report at- https://www.marketreportsworld.com/enquiry/request-sample/12344309

Top Manufacturers Listed in the 3D Bioprinting Market Report are:
o 3D Systems Corp.
o Aspect Biosystems Ltd
o GeSIM GmbH
o Bio3D Technologies
o BioBots
o Inc.
o Cyfuse Biomedical KK
o Envision TEC GmbH
o Organovo Holdings Inc
o Rainbow Biosciences LLC
o RegenHU SA
o Stratasys Ltd
o TeVido Biodevices
o Inc.
o 3D Bioprinting Solutions

The global 3D bioprinting market is expected register a CAGR of 22.35% during the forecast period (2018 - 2023). 3D printer manufacturing companies are working toward building a human tissue for surgical therapy and transplantation. Developments such as this are expected to propel the market for global 3D bioprinting, which is expected to witness a significant growth, owing to technological advancements, government intervention for improving healthcare, and increasing investments in R&D. Global players are increasingly exploring 3D bioprinting as it reduces the risks associated with anesthesia during long surgeries and helps improve healthcare services.
INCREASING PERCENTAGE OF GERIATRIC POPULATION
The percentage of aged population (>65 years) is increasing gradually. It is a strong indicator for the growth of the 3D bioprinter market, as elderly population is more prone toward organ related ailments. Japan has the highest percentage of geriatric population in the world. The market for 3D bioprinters, which is designed for dentistry applications, is expected to witness a good growth rate, more so due to the rising geriatric population. These 3D bioprinters can be used by dentists to create friendlier implants and prosthetics by utilizing the patient's unique teeth layout and bone scans. Trailing Japan, countries in the western hemisphere have a high percentage of aged population, which is rising continuously, driving the demand for 3D bioprinters.
DRUG DISCOVERY RESEARCH TO GAIN TRACTION OVER THE FORECAST PERIOD
Drug discovery is a highly expensive process, and in most cases, it fails in gaining regulatory clearance. One of the major expenses for a pharmaceutical company in the United States is the completion of FDA's approval process. Over USD 50 billion is being spent on R&D in the country, annually. Interestingly, only one in 5000 drugs makes it to the market, leading to huge financial burden on drug manufacturing companies. The reason for this failure is the lack of accurate pre-clinical testing methods. The drug, which passed the in-vitro and animal testing stages, stands a high chance of failing in clinical trials, forcing manufacturers to start from the beginning. Medical researchers in order to make the drug discovery process more reliable are seeking means to mimic the 3-dimensional human tissue environment. With the advent of 3D bioprinting, manufacturers will be able to reduce complications associated with human clinical trials of novel drugs, reducing the losses incurred during late stage failures and shortening the drug discovery time, thus, driving the market for this technology.
UNITED STATES TO HOLD MAJOR SHARE IN NORTH AMERICA
Despite advances in medicine and technology, increased awareness about organ donation and transplantation, the gap between supply and demand continues to widen in the country. The number of people on the national waiting list continue to grow, while rates of donation and transplant stagnate. Currently, there are about 122,480 people in the waiting list in need of a lifesaving transplant, whereas, only 20,704 transplants were performed in 2016. It is estimated that on an average 22 people die each day while waiting for a transplant. 3D bioprinting is observed as the most promising solution to meet high demand for suitable organs for transplantation, driving the growth of the market in the region. In addition, the cost of organ transplantation is very high. The estimated average cost for heart, liver, and kidney transplants, are about USD 997,000, USD 577,000, and USD 262,000, respectively. Researchers are focusing on 3D bioprinting, which is seen as a viable alternative, which will help in driving the market.

Enquire before Purchasing this report at- https://www.marketreportsworld.com/enquiry/pre-order-enquiry/12344309

Regional Segmentation Includes:
- United States
- Europe
- China
- Japan
- South Korea
- Other Regions
Reasons to Purchase the 3D Bioprinting Market Report:
- The report analyses how the shift towards safety will drive the global automotive anti-lock braking system market size and Share.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest 3D Bioprinting Market growth during the forecast period.
- Identify the latest developments, 3D Bioprinting market shares and strategies employed by the major market players.

Buy this report (Price 4250 USD for single user license) at- https://www.marketreportsworld.com/purchase/12344309

Major Points from Table of Contents:
1. Introduction
1.1 Scope of the Study
1.2 Executive Summary
2. Research Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
3. Market Insights
3.1 Market Overview
3.2 Porter's Five Forces Analysis
3.2.1 Threat of New Entrants
3.2.2 Bargaining Power of customers
3.2.3 Bargaining Power of Suppliers
3.2.4 Threat of Substitute products
3.2.5 Intensity of Competitive Rivalry
3.3 Industry Value Chain Analysis
4. Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.2.1 Increasing Geriatric Population
4.2.2 Increasing Investment in R&D
4.2.3 Increasing Transplant Requirement
4.2.4 Rising Costs of Drug Development
4.3 Market Restraints
4.3.1 High Initial Costs
4.3.2 Lack of Skilled Professional
5. Global 3D Bioprinting Market - Segmentation, by Technology
5.1 SyriEge/extrusion Bioprinting
5.2 Inkjet Bioprinting
5.3 Magnetic Levitation Bioprinting
5.4 Laser-assisted Bioprinting
5.5 Others
6. Global 3D Bioprinting Market - Segmentation, by Component
6.1 3D Bioprinters
6.2 Biomaterials
6.2.1 Bio-ink
6.2.2 Bio-paper Gel
6.3 Scaffolds
6.4 Others
7. Global 3D Bioprinting Market - Segmentation, by Application
7.1 Toxicity Testing
7.2 Drug Discovery Research
7.3 Transplantation
7.4 Surgical Therapy
7.5 Reconstructive Surgery
7.6 Others
8. Global 3D Bioprinting Market - Segmentation, by Geography
8.1 North America
8.1.1 United States
8.1.2 Canada
8.2 Europe
8.2.1 Germany
8.2.2 United Kingdom
8.2.3 France
8.2.4 Others
8.3 Asia-Pacific
8.3.1 China
8.3.2 Japan
8.3.3 India
8.3.4 Others
8.4 Latin America
8.4.1 Brazil
8.4.2 Argentina
8.4.3 Mexico
8.4.4 Others
8.5 Middle East & Africa
8.5.1 United Arab Emirates
8.5.2 Saudi Arabia
8.5.3 South Africa
8.5.4 Others
9. Competitive Intelligence - Company Profiles
9.1 3D Systems Corp.
9.2 Aspect Biosystems Ltd
9.3 GeSIM GmbH
9.4 Bio3D Technologies
9.5 BioBots, Inc.
9.6 Cyfuse Biomedical KK
9.7 Envision TEC GmbH
9.8 Organovo Holdings Inc
9.9 RegenHU SA
9.10 Stratasys Ltd
9.11 TeVido Biodevices, Inc.
9.12 3D Bioprinting Solutions
10. Investment Analysis
11. Future of the 3D Bioprinting Market

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today's businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Market Reports World is the credible source for gaining the market reports that will provide you with the lead your business needs.

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