Three-dimensional bioprinting refers to the process of developing cell patterns in a limited space with the help of 3D printing technologies. The viability and function of the cells are retained within the printed structure. Recent developments have made possible 3D printing of biocompatible cells and materials into three-dimensional, complex, and functional living tissues. The growing need for organs and tissues that are suitable for transplantation has fueled the application of 3D bioprinting in regenerative medicine.

Some of the leading industry technologies used in 3D bioprinting are inkjet-based printing, magnetic levitation, laser-based printing, and syringe-based printing. These technologies have expanded the application of 3D bioprinting in areas such as medical, bioinks, personal and consumer product testing, dental, biosensors, and food and animal product bioprinting.

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A new market research study by Transparency Market Research offers a detailed analysis of the 3D bioprinting market across the globe. The research report, titled “3D Bioprinting Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,” presents insights into the key growth prospects, opportunities, and latest trends in the market. In addition, the product segmentation, competitive landscape, and geographical segmentation of the global 3D bioprinting market have been included in the scope of the research report.

Some of the key technologies that are used extensively in the 3D bioprinting market are magnetic levitation, inkjet-based printing, syringe-based printing, and laser-based printing. The rising incidence of chronic diseases, the introduction of IT in the healthcare industry, and the growing demand for organ and tissue transplants are some of the key factors anticipated to supplement the growth of the global 3D bioprinting market in the forecast period.

The limited number of organ donors across the globe and the considerable rise in research and development activities are expected to encourage the growth of the overall market. On the flip side, the lack of skilled and experienced professionals and the high cost of products are expected to restrict the growth of the global 3D bioprinting market in the near future.

From the geographical viewpoint, North America is expected to witness significant growth and account for a massive share in the next few years. The high growth of this region can be attributed to several micro and macro factors, such as the presence of a substantial geriatric and chronically ill population, high disposable income, and the enhanced health care infrastructure. Additionally, the continuous research activities carried in this region concerning 3D printing are expected to encourage the growth of the global 3D bioprinting market.

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On the other hand, the Asia Pacific market for 3D bioprinting is projected to witness robust growth throughout the forecast period, thanks to the technological developments, several government initiatives, and growing adoption and implementation of the technology. Moreover, the rising foreign investments will boost the demand for 3D bioprinting in Asia Pacific in the coming years.

Key players in the global market for 3D bioprinting include Cyfuse Biomedical, Luxexcel Group BV, Voxeljet, Stratasys Ltd., TeVido BioDevices, Oceanz, Bio3D Technologies, Materialise NV, 3Dynamics Systems, BioBots, Solidscape, Aspect Biosystems, Envision TEC, and Organovo Holdings, Inc. The prominent players in the market are focusing on partnerships with research institutes and universities that are devoted to the development of organ regeneration technologies. In addition, the key players are making efforts to create an awareness about the benefits of 3D bioprinting market with the help of several exhibitions and seminars.

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