Global 3D Bioprinting Market Report 2023: Sector is Expected to Reach $5.3 Billion by 2030 at a CAGR of 12.5%

DUBLIN, May 9, 2023 /PRNewswire/ -- The "3D Bioprinting Market Size, Share & Trends Analysis Report By Technology (Magnetic Levitation, Inkjet-based), By Application (Medical, Dental, Biosensors, Bioinks), By Region, And Segment Forecasts, 2023 - 2030" report has been added to  ResearchAndMarkets.com's offering.

The global 3D bioprinting market size is expected to reach USD 5.3 billion by 2030, expanding at a CAGR of 12.5% over the forecast period.

Companies Mentioned

• Envisiontec, Inc.
• Organovo
• Inventia Life Science Pty Ltd
• Poietis
• Vivax Bio, LLC
• Allevi
• Cyfuse Biomedical K.K.
• 3D Bioprinting Solutions
• Cellink Global
• Regemat 3D S.L.

Rising cases of COVID-19 and high prevalence of chronic diseases are some of the major factors contributing to the growth. During the outbreak of the pandemic, 3D printing has stepped up to become a vital technology to support improved healthcare and emergency response.

The COVID-19 epidemic is ever increasing since it was first identified in China in December 2019. Until January 12, 2021, more than 91.5 million cases of COVID-19 were reported globally, with more than 1, 956, 880 deaths, across the globe. This pandemic has fast-tracked the development of vaccine and drug testing.

In the meantime, various 3D bioprinting companies are focused on the R&D of artificial tissues. With the help of U-FAB and other bioprinting technologies, CLECELL company has created respiratory epithelium artificial tissue which will help to prevent infection and tissue injury through the use of the mucociliary elevator.

The pandemic not only affected the well-being of people, but also affected the economy, and various other healthcare infrastructures worldwide. It severely disrupted the medical devices and pharmaceutical supply chains across the world. In such critical situations, various 3D bioprinting companies have created a global movement to supply emergency medical equipment such as ventilators, and personal protection equipment (PPE), to healthcare workers.

North America held the highest share of about 30.9% in 2022. 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. Whereas, Asia Pacific is anticipated to witness increased technological development in the pharmaceutical and biopharmaceutical sectors.

3D Bioprinting Market Report Highlights

• The medical segment accounted for the largest share of 37.6% in 2022 due to the increasing investment made in R&D
• The magnetic levitation segment is anticipated to witness the highest CAGR of 13.7% over the forecast period due to technological development, and increasing adoption of magnetic levitation techniques by various innovators
• North America dominated the market in 2022 with a share of 30.9%. Growing government expenditure on the healthcare industry is one of the major factors driving the market in this region

Key Topics Covered:

Chapter 1 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Industry Outlook: Market Variables, Trends, & Scope
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 3D Bioprinting Market: Market Dynamics
3.3.1 Market driver analysis
3.3.1.1 Technological advancement in the 3d bioprinting industry
3.3.1.2 Rising prevalence of chronic disease
3.3.1.3 Increasing use of 3d bioprinting in the pharmaceutical and cosmetology
3.3.2 Market restraint analysis
3.3.2.1 The high cost of 3D bioprinters
3.3.2.2 Lack of trained professionals
3.4 Industry Analysis - Porter's
3.5 3D Bioprinting-SWOT Analysis, By PEST
3.5.1 Political landscape
3.5.2 Economic landscape
3.5.3 Social landscape
3.5.4 Technology landscape
3.6 Covid Impact Analysis

Chapter 4 3D Bioprinting Market: Technology Estimates & Trend Analysis
4.1 Global 3D Bioprinting Market: Technology Movement Analysis
4.2 Magnetic Levitation Technology
4.2.1 Global Magnetic Levitation technology market, 2018 - 2030 (USD Million)
4.3 Inkjet-based Technology
4.3.1 Global Inkjet-based technology market, 2018 - 2030 (USD Million)
4.4 Syringe-based Technology
4.4.1 Global Syringe-based technology market, 2018 - 2030 (USD Million)
4.5 Laser-based Technology
4.5.1 Global Laser-based technology market, 2018 - 2030 (USD Million)
4.6 Others
4.6.1 Global Other technologies market, 2018 - 2030 (USD Million)

Chapter 6 3D Bioprinting Market: Application Estimates & Trend Analysis
6.1 Global 3D Bioprinting Market: Application Movement Analysis
6.2 Medical
6.2.1 Global medical market, 2018 - 2030 (USD Million)
6.2.2 Tissue and organ generation
6.2.2.1 Global tissue and organ generation market, 2018 - 2030 (USD Million)
6.2.3 Medical pills
6.2.3.1 Global Medical pills market, 2018 - 2030 (USD Million)
6.2.4 Prosthetics and implants
6.2.4.1 Global Prosthetics and implants market, 2018 - 2030 (USD Million)
6.2.5 Others
6.2.6.1 Global others application market, 2018 - 2030 (USD Million)
6.3 Dental
6.3.1 Global dental market, 2018 - 2030 (USD Million)
6.4 Biosensors
6.4.1 Global biosensors market, 2018 - 2030 (USD Million)
6.5 Consumer/Personal Product Testing
6.5.1 Global consumer/personal product testing market, 2018 - 2030 (USD Million)
6.6 Bioinks
6.6.1 Global bioinks market, 2018 - 2030 (USD Million)
6.7 Food and Animal Product
6.7.1 Global food and animal market, 2018 - 2030 (USD Million)

Chapter 7 3D Bioprinting Market: Regional Estimates & Trend Analysis, by Service, Technology, & Application

Chapter 8 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/ghxd5b

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets