Growing collaborations between academic institutions, biotechnology companies, and research organizations are accelerating the development and commercialization of 3D bioprinting technologies. These partnerships foster the exchange of knowledge and resources, leading to breakthroughs that drive market growth.
Additionally, the ability to create patient-specific tissue models and implants is becoming increasingly important as the medical field moves towards tailored treatments. This shift towards personalized approaches is encouraging the development of technologies that enable the creation of custom tissues and organs based on individual patient needs, which could lead to breakthroughs in treatments for conditions such as organ failure and chronic diseases.
Authors:
Mariam Faizullabhoy, Gauri Wani
Frequently Asked Questions (FAQ) :
Global 3D bioprinting industry was valued at USD 1.6 billion in 2023 and is anticipated to register 16.7% CAGR between 2024 and 2032 due to the growing demand for organ transplants and tissue regeneration.
The bioinks segment in the market accounted for USD 694.8 million in 2023, propelled by the expanding range of clinical applications for bioprinted tissues and the ongoing advancements in bioink technology.
North America 3D bioprinting industry is forecasted to reach USD 3 billion by 2032, driven by strong R&D infrastructure and the development of cutting-edge bioprinting solutions.
Advanced Solutions Life Sciences, LLC, Allevi, Inc., Aspect Biosystems Ltd., BICO Group AB, Brinter, CollPlant Biotechnologies Ltd., CYFUSE BIOMEDICAL K.K., ENVISIONTEC US LLC, Inventia Life Science Pty Ltd., and Merck KGaA, among others.