Global 3D Bioprinting Market is expected to reach ~USD 5 Bn by 2028F: Ken Research
Global 3d Bioprinting Market By Geography
The Global 3D Bioprinting market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.
North America held the largest market share among all other regions within the global 3D bioprinting market in 2022, due to the supporting government policies to augment the growth of the region.
The increasing incorporation of IT in the healthcare industry and increasing adoption of 3D bioprinting for the production of medical products is expected to be one of the major factors contributing to market growth in this region.
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Competition Scenario In Global 3d Bioprinting Market
The Global 3D Bioprinting Market is highly competitive with ~100 players, including globally diversified players, regional players, and many country-niche players. Most of the regional players are the developers of 3D Bioprinting used in various end-user industries.
Country-niche players constitute ~25% of the total number of competitors, while regional players dominate representing ~45% of total competitors. Some of the major players in the market include Organovo Holdings, Inc., Inventia Life Science, Poietis, VIVAX BIO, LLC, CYFUSE BIOMEDICAL K.K., 3D Bioprinting Solutions, CELLINK, BICO – THE BIO CONVERGENCE COMPANY, CollPlant Biotechnologies Ltd., Aspect Biosystems Ltd., among others
What Is The Expected Future Outlook For The Overall Global 3d Bioprinting Market Across The Globe?
The Global 3D Bioprinting market was valued at USD ~billion in 2022 and is anticipated to reach USD ~5 billion by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.
The Global 3D Bioprinting market is driven by rapidly utilizing 3D bioprinting goods and technology in process of finding and developing new drugs. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.
With the increasing collaboration and emergence of new products, the Global 3D Bioprinting market is changing rapidly. For instance, In March 2022, BICO Company AB, introduced the BIO CELLX, a revolutionary technology that automates 3D cell cultivation processes by utilizing prevalidated procedures.
In May 2021, 3D Systems, a US-based company engaged in offering 3D bioprinting technology announced the acquisition of Allevi Inc. Through the acquisition, 3D Systems plans to utilize Allevi’s expertise to develop applications in the future for the development of human organs in the long term and become a market leader in bioprinting.
The Global 3D Bioprinting Market witnessed a positive impact due to COVID-19 owing to the growing demand for 3D bioprinters from the healthcare and pharmaceutical industries. 3D bioprinters are the most common component of 3D bioprinting. Majorly, the living cells are used as material in the 3D bioprinting technology for carrying out clinical trials. Though the market is competitive with ~100 participants, regional players control the dominant share in the market and country-niche players also hold a significant share.
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Key Topics Covered in the Report
- Snapshot of Global 3D Bioprinting Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global 3D Bioprinting Market
- Historic Growth of Overall Global 3D Bioprinting Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of Global 3D Bioprinting Industry
- Overview, Product Offerings, Strengths, & Weaknesses of Key Competitors
- Covid-19 Impact on the Overall Global 3D Bioprinting Market
- Future Market Forecast and Growth Rates of the Global 3D Bioprinting Market and Segments
- Analysis of Global 3D Bioprinting Market
- Major Production/Supply and Consumption/Demand Hubs within Each Region
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Region
Notable Key Players Mentioned in the Report
- Organovo Holdings, Inc.
- Inventia Life Science
- Poietis
- VIVAX BIO, LLC
- CYFUSE BIOMEDICAL K.K.
- 3D Bioprinting Solutions
- CELLINK
- BICO – THE BIO CONVERGENCE COMPANY
- CollPlant Biotechnologies Ltd.
- Aspect Biosystems Ltd.
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Notable Emerging Companies Mentioned in the Report
- Organovo
- Prellis Biologics
- Pandorum Technologies
- Regenovo Biotechnology
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- 3D Bioprinting Manufacturers
- 3D Bioprinting Suppliers
- 3D Bioprinters Manufacturers
- Bioinks Manufacturers
- Living Cells Suppliers
- Hydrogels Suppliers
- Extracellular Matrices Suppliers
- 3D Bioprinting Distributors
- Emerging and Startup Companies in 3D Bioprinting
- Different Types of 3D Bioprinting Manufacturing Hubs
- Government Departments of Healthcare
- Government Departments of Pharmaceuticals
- Ministries and Departments of Bio-based Materials
- Importers and Distributors of 3D Bioprinting
Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022E-2028F
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