About Bioprinting Technologies
Bioprinting technology refers to advanced methods used to create three-dimensional (3D) structure, tissues, and even organ using biological materials such as living cells, biomaterials, and bioinks. It is a revolutionary field at the intersection of biology, tissue engineering, medicine, drug discovery and cosmetic, aiming to produce functional biological construct that mimic the complexity of natural tissues and organs. The demand for organ transplantation has rapidly grown over the past two decades. Worldwide increases in the incidence of end stage organ failure combined with rising successes in post transplantation outcomes has resulted in an organ shortage crisis, as the demand for organ vastly outstrips supply.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.3% |
Bioprinting Technologies is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Bioprinting Technologies market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Envisiontec Inc. (United States), Organovo Holding Inc. (United States), Cyfuse Biomedical K.K (Japan), 3D Bioprinting Solutions (Russia), Inventia Life Science PTY LTD. (United States), Poietis (France), Vivax Bio LLC (United States), Bico Group (Sweden), Cellink Global (Sweden), 3D Bio Corp. (United States), 3D Systems (United States), BioBots Inc. (United States) and TeVido Biodevices (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are 3D Dynamic Systems (United States), GeSIM GmBH (Germany) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Bioprinting Technologies market by , Application (Tissue Engineering, Drug Development/ Screening, Toxicology Screening, Tissue Model for Cancer Research and Others) and Region.
On the basis of geography, the market of Bioprinting Technologies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Microextrusion Bioprinting will boost the Bioprinting Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Living Cells will boost the Bioprinting Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Pharmaceutical & Biotechnology will boost the Bioprinting Technologies market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
FDA approved 3D printed drug paved new path for increased precision in patient care. and Market developing product in line with regulatory laws.
Market Growth Drivers:
Increasing use of 3D bioprinting in the pharmaceutical and cosmetic industries., Growing high demand for transplantable tissues and organ., Surging geriatric population with chronic respiratory diseases. and Lack of organ donor
Challenges:
Process management and knowledge of 3D printers.
Restraints:
Lack of skilled professionals. and High cost.
Opportunities:
Technological innovation including improved printing precision and bioink formulation. and Expansion of cancer research.
Market Leaders and their expansionary development strategies
In May 2022, Bico acquired Allegro 3D, adding new light based 3D bioprinting technology. Bico Boprinting to strengthen its position as the global leader in providing 3D bioprinters. Bico robust portfolio of bioprinters, utilizing extrusion based, 2PP and DLP technologies.
In March 2022, Brinter launched new medical print head with puredyne to enable precise and repeatable bioprinting. The head mean more material diversity for dispensing, repeatability with a continuous and precise printing process, and zero cross contamination due to the use of a single cartridge per material. Due to the dispensing geometry, a constant volume per revolution always conveyed and precisely applied, meaning almost zero dead volume can be achieved.
Key Target Audience
3D bioprinting service provider, Healthcare Industries, Academic Institute, Raw Material Manufacturer, Research Organization, Investor, Regulatory Authorities and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.