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3D Bioprinting Market Share, Trends, Business Strategy And Overview Forecast To 2032
3D Bioprinting Global Market
The Business Research Company's 3D Bioprinting Global Market Report 2023 identifies Rising governments and private funding to support 3D bioprinting research as the major driver for the 3D Bioprinting market's growth in the forecast period. This funding provides financial and technical assistance across different development phases of 3D bioprinting techniques. For instance, in May 2021, Readily3d SA, a Switzerland-based bioprinting company, received funding of $600,000 from the European Union to develop a living miniature model of the pancreas using its Tomolite 3D bioprinting technique. The Australian Minister for Health funded Curtin University with $737,690 in June 2020 to develop and optimize 3D technology for bioprinting skin tissue directly onto model wounds as a prelude to human skin restoration.
The global 3d bioprinting market size grew from $1.32 billion in 2022 to $1.54 billion in 2023 at a compound annual growth rate (CAGR) of 16.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The 3d bioprinting market size is expected to grow to $3.14 billion in 2027 at a CAGR of 19.5%.
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Major competitors in the 3D Bioprinting market are Organovo Holdings Inc., Allevi Inc., Cellink, Aspect Biosystems Ltd., 3D Systems Corporation, Cyfuse Biomedical KK, Envisiontec Inc., Poietis, TeVido BioDevices, Nano3D Biosciences Inc., Digilab Inc., RegenHU, GeSIM GmbH, Advanced Solutions Life Sciences LLC
A key trend in the 3D Bioprinting market includes Artificial intelligence (AI). Artificial intelligence is a branch of technology that deals with the simulation of human behavior in machines. AI is used in bioprinting to give suggestions on the best possible printing parameters needed to produce a biocompatible tissue that can fit the patient's physiological makeup, by analyzing data and identifying patterns throughout the bioprinting process.
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The 3D Bioprinting market is segmented -
1) By Component: 3D Bioprinters, Bioinks
2) By Material: Living Cells, Hydrogels, Extracellular Matrices, Other Materials
3) By Application: Research Applications, Clinical Application, Other Applications
4) By End User: Research Organization And Academic Institutes, Biopharmaceuticals Companies, Hospitals, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the 3D Bioprinting market.
The Business Research Company's "Global 3D Bioprinting Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The 3D Bioprinting Market Include:
1. Executive Summary
2. 3D Bioprinting Market Characteristics
3. 3D Bioprinting Market Trends And Strategies
4. 3D Bioprinting Market - Macro Economic Scenario
5. 3D Bioprinting Market Size And Growth
……
27. 3D Bioprinting Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 3D Bioprinting Market
29. 3D Bioprinting Market Future Outlook and Potential Analysis
30. Appendix
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