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Friday, May 5, 2023

Lucintel Forecasts 3D Bioprinting Market to Reach $5 Billion by 2028

According to the recent study the 3D bioprinting market is projected to reach an estimated $5 billion by 2028 from $2.1 billion in 2023, at a CAGR of 18.4% from 2023 to 2028. Growth in this market is primarily driven by growing demand for organ transplantation, rise in public and private funding to support research activities, and increasing usage of 3D bioprinting in cosmetic surgeries and drug discovery process.

A more than 150–page report is developed to understand trends, opportunities and forecast in 3D bioprinting market by technology (magnetic 3D bioprinting, laser-assisted bioprinting, inkjet 3D bioprinting, and others), product (3D bioprinters, biomaterials, and scaffolds), material (living cells, extracellular matrices, hydrogels, and others), application (clinical applications, skin, bones, and others), end use industry (pharmaceutical & biotechnology, research organizations & academic institutes, and others), and region.

Download sample report by clicking on below link 

https://www.lucintel.com/3d-bioprinting-market.aspx

“3D bioprinters market is expected to remain the largest segment during the forecast period.”

Based on product, the 3D bioprinting market is segmented into 3D bioprinters, biomaterials, and scaffolds. Lucintel forecasts that the 3D bioprinters market is expected to remain the largest segment due to the increasing number of clinical trials and drug testing process, which will help in significantly reducing animal testing.

“Within the 3D bioprinting market, the research organizations & academic institutes segment is expected to remain the largest end use industry.”

Based on end use industry the research organizations & academic institutes segment is expected to witness the highest growth over the forecast period due to the expanding research into portable 3D bioprinting technology that can be used to conveniently generate skin tissues and reduce scars in trauma care.

“North America will dominate the 3D bioprinting market in near future.”

North America will remain the largest region due to growing prevalence of chronic diseases, sophisticated healthcare infrastructure along with high disposable income levels in the region, and extensive research activities.

Download Brochure of this report by clicking on https://www.lucintel.com/3d-bioprinting-market.aspx.

Major players of 3D bioprinting market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Organovo Holdings, Envisiontec, Nano 3D Biosciences, Cyfuse Biomedical, and Regenhu are among the major 3D bioprinting providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/3d-bioprinting-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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