Data Bridge Market Research (DBMR) has published a latest market research report on Global 3D Bioprinting Market . The global report is prepared in collaboration with the leading industry experts & dedicated research analyst team to provide an enterprise with in-depth market insights and help them to take crucial business decisions. This report covers current market trends, opportunities, challenges, and detailed competitive analysis of the industry players in the market.
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3D Bioprinting Market business research report aids to stay up-to-date about the entire market and also offer holistic view of the market. Market definition, market segmentation, key developments in the market, competitive analysis & research methodology are the major topics covered in this report which are thoroughly studied with the best tools and techniques. Analysts have used a SWOT analysis and a Porter’s five forces analysis to estimate the global 3D Bioprinting market thoroughly. Both these tools ensure accurate assessment of the market & including the intensity of the competitive rivalry present in the market. This market analysis enables readers to deal with a wide range of business issues and come to logical conclusions that can be used for making well-informed decisions.
Global 3D bioprinting market is expected to rise to an estimated value of USD 4271.24 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in awareness regarding the application areas of 3D bioprinting and rise in the usage of these services from the cosmetic market.
Few of the major competitors currently working in the 3D bioprinting market are 3Dynamic Systems Ltd; Cyfuse Biomedical K.K.; ORGANOVO HOLDINGS, INC.; CELLINK; Voxeljet; EnvisionTEC; GeSiM; Stratasys Ltd.; Nano3D Biosciences, Inc.; Poietis; regenHU; Biogelx; Aspect Biosystems Ltd.; 3D Systems, Inc.; Materialise and Solidscape Inc.
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Market Definition: Global 3D Bioprinting Market
3D bioprinting is a specialized application of 3D printing which deals with the development or printing of bio-based materials such as tissues, organs, cells and extracellular matrix which are applied in various clinical and research applications. Although, these modified medical products can only imitate the natural tissues/organs they cannot be utilized as replacement for the original organs.
Segmentation: Global 3D Bioprinting Market
3D Bioprinting Market : By Technology
- Magnetic 3D Bioprinting
- Laser-Assisted Bioprinting
- Inkjet 3D Bioprinting
- Microextrusion Bioprinting
3D Bioprinting Market : By Material
- Living Cells
- Extracellular Matrices
3D Bioprinting Market : By Application
- Consumer/Personal Product Testing
- Food & Animal Product
3D Bioprinting Market : By Geography
- North America
- South America
- Middle East & Africa
Key Developments in the 3D Bioprinting Market:
- In April 2019, Biogelx announced the launch of range of synthetic bioinks for use in 3D bioprinting. The product termed as “Biogelx-INKS” will be developed based on the company’s self-assembling peptide hydrogel technology. This product launch will help in creating new revenue opportunities for the company and provide products that support various healthcare applications in research and product developments.
- In November 2018, CELLINK announced the acquisition of Dispendix GmbH which will enable the implementation of Dispendix’s technology in CELLINK’s bioprinting applications. It will increase the dispensing rate of bioinks in 3D printers and provide efficient printing capabilities.
3D Bioprinting Market Drivers
- Increasing focus on the development and advancements in 3D printing which has been caused by a rise in the R&D expenditure globally; this factor is expected to drive the growth of the market
- Rise in usage and application of 3D bioprinters in drug discovery, development among a rise in the population suffering from chronic diseases; this factor is expected to drive the growth of the market
- Increasing levels of geriatric population resulting in greater application of these bioprinters for the manufacturing of products utilized in surgical applications as this population is more prone towards surgical treatments and procedures; this factor is expected to drive the market growth
3D Bioprinting Market Restraints
- Lack of guidelines and regulations available regarding the usage of 3D bioprinters; this factor is expected to restrain the growth of the market
- Lack of skilled and knowledgeable professionals; this factor is expected to restrain the growth of the market
Competitive Analysis: Global 3D Bioprinting Market
Global 3D bioprinting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of 3D bioprinting market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Key questions answered in the report :-
- What are the challenges being faced by the new entrants?
- Which will be the 3D Bioprinting Market application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the global 3D Bioprinting market opportunity?
- How 3D Bioprinting Market share advance vacillations their value from various assembling brands?
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