3D Bioprinting Market Share, Upcoming Trends, Size, Key Segments, Growth Status and Forecast 2031

Kenneth Research recently added a report on 3D Bioprinting Market in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the 3D Bioprinting Market along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for 3D Bioprinting Market products.

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The global 3D BioprintingMarketwas valued at USD 411.32 million in 2016 and is projected to reach USD 3394.93 million by 2025, growing at a CAGR of 26.43% from 2017 to 2025.
Three dimensional (3D) bioprinting is the utilization of 3D printing and 3D printing–like techniques to combine cells, growth factors, and biomaterials to fabricate biomedical parts that maximally imitate natural tissue characteristics.

Market Dynamics:
1. Market Drivers
1.1 Growing Demand for Organ Transplantation
1.2 Rise in Public and Private Funding to Support 3D Bioprinting Research Activities
1.3 Increasing Use of 3D Bioprinting in the Drug Discovery Process
1.4 Growing Focus of Market Players on 3D Bioprinting

2. Market Restraints
2.1 Lack of Regulatory Guidelines Governing 3D Bioprinting
2.2 Dearth of Trained Professionals

Market Segmentation:
1. Global 3D BioprintingMarket, by Material:
1.1 Hydrogels
1.2 Extracellular Matrices
1.3 Living Cells
1.4 Other Biomaterials

2. Global 3D BioprintingMarket, by Application:
2.1 Research Applications
2.1.1 Drug Research
2.1.2 Regenerative Medicine
2.1.3 3D Cell Culture
2.2 Clinical Applications
2.2.1 Skin
2.2.2 Bone & Cartilage
2.2.3 Blood Vessels

3. Global 3D Bioprinting Market, by Technology:
3.1 Magnetic 3D Bioprinting
3.2 Laser-Assisted Bioprinting
3.3 Inkjet 3D Bioprinting
3.4 Microextrusion Bioprinting

4. Global 3D Bioprinting Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Organovo Holdings, Inc.
2. Envisiontec GmbH
3. Nano 3D Biosciences, Inc.
4. Cyfuse Biomedical K.K.
5. Regenhu Ltd.
6. Aspect Biosystems Ltd.
7. Biobots
8. Cellink
9. Gesim
10. Poietis
11. Regenovo Biotechnology Co., Ltd.
12. 3Dynamic Systems Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research study on the 3D BioprintingMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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