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Biofabrication Market Will Surpass US$ 31.69 Billion at 28.3% CAGR Growth Forecasted Period 2025-2034

01-06-2025 11:09 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Biofabrication Market

Biofabrication Market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
โ€ข ๐“๐ก๐ž ๐›๐ข๐จ๐Ÿ๐š๐›๐ซ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 2.63 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2024.

โ€ข ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐š๐ญ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 28.3% ๐Ÿ๐ซ๐จ๐ฆ 2025 ๐ญ๐จ 2034.

โ€ข ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐š๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐ญ๐จ ๐”๐’๐ƒ 31.69 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2034.

๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
Biofabrication involves utilizing biological materials and living cells to construct structures, devices, or products with practical uses. It merges biology, engineering, and materials science to create intricate, tailor-made tissues, organs, or various biological structures. Biofabrication presents great promise in areas such as regenerative medicine, tissue engineering, and eco-friendly manufacturing. It provides methods for producing bio-based products, minimizing waste, and enhancing medical therapies.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/biofabrication-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:
Rising global demand for regenerative therapies to treat injured organs from chronic illnesses or traumatic injuries drives the growth of the biofabrication market. Moreover, an increase in capital investments and government funding within the sector boosts the number of participants in the market and drives the need for fabrication methods.

๐Š๐ž๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ:
As the market expands, competition is expected to increase with the involvement of numerous businesses. Some of the major players participating in the biofabrication market are:
โ€ข Organovo Holdings, Inc.
โ€ข Cellink
โ€ข Allevi
โ€ข Aspect Biosystems
โ€ข Prellis Biologics
โ€ข Tissue Regenix
โ€ข NanoScribe
โ€ข Pandorum International Inc.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/biofabrication-market/request-for-discount-pricing

๐๐ข๐จ๐Ÿ๐š๐›๐ซ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข Based on technology, the 3D bioprinting segment is anticipated to experience substantial growth with a significant CAGR in the global market during the forecast period. This growth is attributed to advances in technology that have enhanced precision and efficiency.

โ€ข The drug testing segment, by application, accounted for the largest revenue share of the market in 2023 due to an increase in pipeline drugs.

โ€ข In 2023, North America dominated the global biofabrication market due to the increasing number of hospitals, the presence of major players.

โ€ข The biofabrication market in India is projected for substantial growth due to the increasing number of pipeline drugs for trials.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:
The market is mainly segmented based on technology, material type, application, end user, and region. Based on technology analysis, the 3D bioprinting segment is anticipated to witness the highest CAGR in the global market over the projection period. This expansion is due to the increasing technological innovations that have improved the accuracy and effectiveness of bioprinting, enabling the development of intricate tissue structures for medical, pharmaceutical, and cosmetic uses.

Furthermore, according to the application analysis, the drug testing segment is anticipated to lead the global market over the forecasted period. This expansion is fueled by the increasing demand for more precise, predictive representations of human tissues and organs to evaluate drug effectiveness and safety.
By Technology Outlook (Revenue - USD billion, 2020-2034)
โ€ข 3D Bioprinting
โ€ข Tissue Engineering
โ€ข Biomaterial Fabrication
โ€ข Other

By Material Type (Revenue - USD billion, 2020-2034)
โ€ข Bioinks
โ€ข Biological Cells
โ€ข Biomaterials
โ€ข Others

By Application (Revenue - USD billion, 2020-2034)
โ€ข Regenerative Medicine
โ€ข Durg Testing
โ€ข Cosmetic Treatment

By End User (Revenue - USD billion, 2020-2034)
โ€ข Academic and Research Institutes
โ€ข Biotechnology and Pharmaceutical Companies
โ€ข Hospitals and Specialty Clinics

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/biofabrication-market

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐–๐ข๐ฌ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
Brain Machine Interface Market:
https://www.polarismarketresearch.com/industry-analysis/brain-machine-interface-market

Immunotherapy Drugs Market:
https://www.polarismarketresearch.com/industry-analysis/immunotherapy-drugs-market

Asia Pacific SGLT2 Inhibitors Market:
https://www.polarismarketresearch.com/industry-analysis/asia-pacific-sglt2-inhibitors-market

FEP Heat Shrink Medical Tubing Market:
https://www.polarismarketresearch.com/industry-analysis/fep-heat-shrink-medical-tubing-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
๐‹๐ข๐ค๐ก๐ข๐ฅ ๐†
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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