3D Organ Printing Market Size Will Achieve USD 594.3 Million by 2030 growing at 19.0% CAGR – Exclusive Report by Emergen Research

3D Organ Printing Market,

According to the most recent analysis by Emergen Research, the global 3D organ printing market reached USD 123.9 million in 2021 and is projected to grow at a revenue CAGR of 19.0% over the forecast period. Growing market income is being driven by rising demand for 3D organ printing, which is being financially supported by numerous public-private collaborations.

The global demand for innovative technology has been fueled by the rising pace of medical device production. Medical gadget design is carried out using 3D bioprinting. Leading manufacturers of pharmaceuticals and medical devices are concentrating on expanding their product offerings globally. As a result of the scarcity of sufficient numbers of organ donors, the demand in this sector is anticipated to increase. The market will benefit from growing growth prospects in the future years as a result of the anticipated large increase in research and development (R&D) spending in the medical devices industry.

market research and consultancy organisation with ESOMAR certification, provides information about the main elements influencing the demand for 3D bioprinting in a recent study. The research analyses the effects of COVID-19 on the medical device sector generally and 3D bioprinting in particular, as well as tracking the global sales of 3D bioprinting in more than 20 high-growth markets. The COVID-19 pandemic will have a negative effect on the market for 3D bioprinting. due to the medical device sectors’ temporary closure of production facilities for the first few months of 2020

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Some Key Highlights From the Report :

Due to its ability to print complex living organs or tissues on culture substrates using biomaterials as bio-inks, the inkjet-based segment had the greatest revenue share in 2021. The widespread use of inkjet printing in the medical industry is a factor in the expansion of this market. In particular, the subjects of tissue engineering and drug delivery systems and inkjet printing as a bio-applicable technology are covered in this study. Because of its increased reliability and growing demand, this market sector is expected to experience substantial expansion during the forecast period.

In 2021, the hydrogel sector accounted for the biggest revenue share. A hydrogel is a 3D network of hydrophilic polymers that has been cross-linked chemically or physically to maintain its structure while holding a lot of water. Hydrogels are frequently employed in 3D organ printing because of their capacity to be treated at low temperatures and with low shear forces.

Due to increased research efforts, a rise in the need for organ transplants, and higher investments by key market participants, the Asia Pacific market had the second-largest revenue share in 2021. Furthermore, growing stem cell research acceptance in nations like China and India is anticipated to fuel market expansion throughout the course of the projection period.

Some major companies in the global market report include BIOLIFE4D, Aspect Biosystems Ltd., regenHU Ltd., Allevi Inc., Inventia Life Science Pty Ltd., 3D Bioprinting Solutions Biotechnology Research Laboratory, Hangzhou Jienuofei Biotechnology Co., Ltd. (Regenevo Biotechnology Co., Ltd.), Cyfuse Medical K.K., BICO – The Bio Convergence Company, and Advanced Solutions Life Sciences, LLC.

Emergen Research has segmented the global 3D organ printing market on the basis of material, printing component, end-use, and region:

  • Material Outlook (Revenue, USD Million; 2019-2030)
    • Living Cells
    • Hydrogels
    • Extracellular Matrices
    • Other Biomaterials
  • Printing Component Outlook (Revenue, USD Million; 2019-2030)
    • Inkjet Printing
    • Extrusion Printing
    • Laser-Assisted Printing
  • End-use Outlook (Revenue, USD Million; 2019-2030)
    • Research Organizations & Academic Institutes
    • Biopharmaceutical Companies
    • Hospitals
  • Regional Outlook (Revenue, USD Million; 2019-2030)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/3d-organ-printing-market

About Emergen Research

Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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