The global 3D bioprinting market is projected to reach $5.0 billion by 2028, at a CAGR of 18.4% during 2023-2028. The growth of 3D bioprinting market is driven by growing demand for organ transplantation, rise in public and private funding to support research activities, and increasing usage of 3D bioprinting in cosmetic surgeries and drug discovery process.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the 3D bioprinting market by technology (magnetic 3D bioprinting, laser-assisted bioprinting, inkjet 3D bioprinting, and others), product (3D bioprinters, biomaterials, and scaffolds), material (living cells, extracellular matrices, hydrogels, and others), application (clinical applications, skin, bones, and others), end use industry (pharmaceutical & biotechnology, research organizations & academic institutes, and others), and region?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the 3D bioprinting market?
Q.4 What are some changing demands of customers in the 3D bioprinting market?
Q.5 What are the new developments in the 3D bioprinting market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this 3D bioprinting area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this 3D bioprinting market?
Based on product, the 3D bioprinting market is segmented into 3D bioprinters, biomaterials, and scaffolds. The 3D bioprinters segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing number of clinical trials and drug testing process, which will help in significantly reducing animal testing.
North America will remain the largest region due to growing prevalence of chronic diseases, sophisticated healthcare infrastructure along with high disposable income levels in the region, and extensive research activities.
Key Players in the 3D bioprinting market are Organovo Holdings, Envisiontec, Nano 3D Biosciences, Cyfuse Biomedical, and Regenhu.
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