3D Bioprinting Market Trends, Dynamics & Market Insights
February 22nd,2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the 3D Bioprinting Market.
3D Bioprinting Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The 3D Bioprinting Market is estimated to grow from USD 1.4 billion in 2020 to USD 3.8 billion by 2026 at a healthy CAGR of 18.2% during the forecast period.
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What is 3D Bioprinting?
3D bioprinting is a form of additive manufacturing that utilizes 3D printing to fabricate biomedical parts which maximally imitate natural tissue characteristics. This printing utilizes the layer-by-layer method to deposit materials called bioinks, to create tissue-like structures which are later used in tissue and medical engineering fields.
Key players operating in the 3D bioprinting market are-
3D Systems Corporation (US)
Aspect Biosystems Ltd (Canada)
GeSIM GmbH (Germany)
Allevi Inc. (US)
Cyfuse Biomedical KK (Japan)
Envision TEC GmbH (Germany)
Organovo Holdings Inc. (US)
RegenHU SA (Switzerland)
Stratasys Ltd (US)
REGEMAT 3D (Spain)
The limited number of organ donors and an increasingly senior population with chronic respiratory diseases are expected to boost the demand for 3D bioprinting.
Some other factors augmenting the market growth are-
Increasing R&D investment
Growing incidence of chronic diseases
Rising technological advancement
Moreover, a surge in public and private funding to support bioprinting research activities further offer immense growth opportunities to the industry players in the coming years.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The 3D Bioprinting Market analysis report discusses the following heads in great detail:
· Market structure: Overview, industry life cycle analysis, supply chain analysis
· COVID-19 Impact Assessment
· Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
· Market trend and forecast analysis
· Market segment trend and forecast
· Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
· Attractive market segments and associated growth opportunities
· Emerging trends
· Strategic growth opportunities for the existing and new players
· Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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