Latest Research Report of Global 3D Bioprinting Market | Forecast To 2016-2028

3D Bioprinting Market is projected to register high demand during the forecast period with increasing demand from major technology such as Inkjet 3D Bioprinting, Microextrusion Bioprinting, Laser-assisted Bioprinting, Magnetic 3D Bioprinting, and others during the forecast period. 3D bioprinting is used to improve numerous disease models. It has the potential to review disease models better than any other system. In October 2018, the food and drug administration (USFDA) announced a grant of approximately USD 2.5 million to the top five research institutes of the US, including Harvard and Massachusetts for biomanufacturing, which includes 3D bioprinting.

Segment AnalysisOn the basis of technology, the 3D bioprinting market has been segmented into inkjet 3D bioprinting, microextrusion bioprinting, laser-assisted bioprinting, and magnetic 3D bioprinting. In April 2019, Adam Feinberg launched a new 3D bioprinting of organic bone structures, which is a combination of biopolymer and ceramic bioglass. Moreover, in 2016, the University of Plymouth developed a skin substitute similar to the human skin.

The market is competitive in nature. Key market players are Luxexcel Group B.V., Organovo Holding, Inc., 3Dynamics Systems Ltd., Cyfuse Biomedical K.K., LLC Aspect Biosystems Ltd., TeVidoBioDevices, and Stratasys Ltd., among others. Companies are engaged in new product launches, mergers, and acquisitions, and regional expansions to retain their market share. For instance, in October 2017, L’oreal entered into an agreement with Organovo Holding for producing skin tissues to curb animal testing.

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Key Factors Impacting Market Growth:

1.Increasing the use of 3D printing technology in healthcare application2.Increasing demand for tissue reconstruction3.Technological developments in oral dosages

Regional Outlook:North America, Western Europe, and the Asia Pacific by region are estimated to dominate the 3D bioprinting market during the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments. Moreover, government policies have been favorable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for 3D bioprinting market during the forecast period.

The US, Germany, France, UK, Canada, and Spain have been some of the major markets in the region. Asia Pacific is estimated to register one of the highest CAGR for the 3D bioprinting market during the forecast period. This region has witnessed strategic investments by global companies to cater to the growing demand in recent years. China, Japan, India, South Korea, and Australia are amongst some of the key countries for the 3D bioprinting market in the region. Other regions including the Middle East, Eastern Europe, and the Rest of the World (South America and Africa) are estimated to be emerging markets for 3D bioprinting during the forecast period.

Companies Covered: Luxexcel Group B.V., Organovo Holding, Inc., 3Dynamics Systems Ltd., Cyfuse Biomedical K.K., LLC Aspect Biosystems Ltd., TeVidoBioDevices, and Stratasys Ltd

Market Segmentation:By Technology1.Inkjet 3D Bioprinting2.Microextrusion Bioprinting3.Laser-assisted Bioprinting4.Magnetic 3D Bioprinting5.Others

By Application1.Tissue & Organ Generation2.Medical Pills3.Prosthetic4.Biosensors5.Bioinks

By Region:North AmericaBy Country (US, Canada, Mexico)1.By Technology2.By Application

Western Europe1.By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)2.By Technology3.By Application

Eastern Europe1.By Country (Russia, Turkey, Rest of Eastern Europe)2.By Technology3.By Application

Asia Pacific1.By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)2.By Technology3.By Application

Middle East1.By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)2.By Technology3.By Application

Rest of the World1.By Region (South America, Africa)2.By Technology3.By Application

Reasons To Buy This Report:1.Market size estimation of the 3D bioprinting market on a regional and global basis2.The unique research design for market size estimation and forecast3.Profiling of major companies operating in the market with key developments4. Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:We provide customization of the study to meet specific requirements:1.By Segment2.By Sub-segment3.By Region/CountryFor more information, contact:sales@quincemarketinsights.com

About US:Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to markets that promise high growth opportunities in the strategic future. We are a dedicated team of analysts with a strong base in technical expertise as well as a thorough understanding of the market dynamics.

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Pooja Abhyankar An Employee of Quince Market Insights as a Digital Marketing Executive