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Laser-Based 3D Bioprinting Market Share, Size 2022 Comprehensive Insights, Future Demand, Industry Overview, and Regional Forecast to 2030

By Healthcare Market Report 2 years ago
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3D bioprinting market size was valued at USD 1.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.8% from 2022 to 2030.

A type of additive manufacturing called 3D bioprinting uses 3D printing to create biomedical parts that closely resemble the properties of actual tissue. By depositing materials known as bioinks layer by layer, 3D bioprinting most frequently produces tissue-like structures that are later utilised in the medical and tissue engineering industries. Pre-bioprinting, bioprinting, and post-bioprinting are the three processes that typically make up the 3D bioprinting process.

Typically, 3D bioprinting is used to create organ and tissue constructs that can be used in the research and development (R&D) of pharmaceuticals, scaffolds, and the creation of medical implants. The printing of scaffolds that can be used to regenerate ligaments and joints has also started to be incorporated into 3D bioprinting. Through its ability to conduct research on novel materials known as biomaterials, 3D bioprinting aids in the development of amazing advancements in the medical field of tissue engineering.

 Laser-Based 3D Bioprinting Market: Overview

As a result of the advent of cutting-edge medical treatments and rising internet usage, healthcare companies are currently operating in a dynamic environment that is undergoing seismic shifts. This has smart patients being more cautious, along with unmatched online access to astonishing amounts of knowledge. As a result, there is a growing need for intelligent, reasonably priced, and customised healthcare services. The demand for organ transplants is on the rise, 3D printing technology is advancing, and major market players are expanding their investments, all of which are contributing to the industry’s growth. On the basis of type, application, and geography, the market for laser-based 3D bioprinting may be divided. The market can be segmented into printing supplies and printing equipment based on type. Printers, scanners/slicers, and software make up the next three subcategories of printing equipment. A further division of printing materials is made into four groups: biomaterials (natural or synthetic polymers), cells (primary or stem cells), scaffolds (micro or macrostructured surfaces), and bioinks (cellular suspensions or noncellular suspensions). According to application, medical held the greatest market share in 2017 because

Growth Factors:

  • Growing need for organ transplants as a result of increased organ failure and illness incidence.
  • increasing research and development spending on new laser-based 3D bioprinting applications.
  • increasing numbers of partnerships between biotechnology businesses, healthcare facilities, and academic institutions to create novel medical therapies.
  • the widespread use of 3D printing technology in different businesses.
  • More accuracy and precision are now possible with laser-based 3D printing thanks to technological breakthroughs.

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 Laser-Based 3D Bioprinting Market: Segmentation:

key players:

  • 3D Systems
  • Organovo
  • CELLINK
  • Envision TEC
  • Materialise NV
  • Bio3D Technologies
  • Oceanz 3D printing
  • Solidscape
  • Stratasys
  • Voxeljet

By Type:

  • Printing Equipment
  • Printing Material

By Application:

  • Medical
  • Scientific Research
  • Other

By Regions:

  • North America
  • Europe
  • China
  • Japan
  • Middle East and Africa
  • South America
  • India
  • South Korea
  • Southeast Asia
  • Others

 COVID-19 Impact:

The latest COVID-19 pandemic has spread throughout the world, overwhelming even the healthcare institutions. As a result Laser-Based 3D Bioprinting communities are responding to the global crises by contributing their particular abilities to lessen the strain on the supply chain and governments. This is because coronavirus cases are on the rise. There has been a dearth of resources for both the general public and medical professionals as COVID-19 instances continue to rise daily. The shortage of test kits for COVID-19 is one of the greatest problems. As a result, numerous 3D bioprinting businesses produce 3D printers and associated software on a massive scale. For instance, the Massachusetts-based Formlabs company reportedly produces 100,000 nose swabs for COVID-19 testing per day. The need for 3D bioprinters is rising as a result of the rising COVID-19 cases, and the Laser-Based 3D bioprinting market as a whole is expected to experience exponential growth.

 FAQs:

  • What is the driving factor for the growth of the Laser-based 3D Bioprinting Market?
  • How will the COVID-19 pandemic impact the demand and consumption of this Market?
  • What is the major application area of the Laser-based 3D Bioprinting Market?
  • Who are the Medicinal Magnesium Hydroxide Paste manufacturers across the globe?
  • Which geographical location is dominant in the Laser-based 3D Bioprinting Market?
  • Which are the top industry players in the Laser-based 3D Bioprinting Market?

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