3D Bioprinting Market is Driven by High Demand of Tissues and Organs for Transplantation Across the Globe

By -

The market is driven by factors, such as technological advancements and innovations, increasing compliance for drug discovery processes, and high demand for organ and tissue transplantation.

In terms of technology, the 3D bioprinting market has been segmented into syringe based 3D bioprinting, pneumatic extrusion based 3D bioprinting, inkjet based 3D bioprinting, laser based 3D bioprinting and others. The syringe based 3D bioprinting was the most commonly used bioprinting technology; whereas, pneumatic extrusion based 3D bioprinting is expected to witness the fastest growth during the foreast period.
3D bioprinting has opened up new platforms in the drug discovery and development process. Many drugs are withdrawn or not approved by regulatory authority due to their toxicity to certain organ such as liver, which could not be predicted during the pre-clinical trial process. Tissues developed through 3D bioprinting such as liver tissue help to predict drug toxicity and improve drug efficacy. Moreover, 3D bioprinting also saves time in clinical trials, thus, increasing its compliance for drug discovery. Different Pharmaceutical companies are collaborating with 3D bioprinting companies to test their drugs in early stage of clinical trials. New drugs are tested for their efficacy on 3D printed tissues in the initial stages; thus, speeding up the drug discovery process. Owing to the aforementioned factor the 3D bioprinting market is gaining huge traction across the pharmaceutical industry.

Some of the major players operating in the 3D bioprinting market include Organovo Holdings, Inc., CELLINK, EnvisionTEC, BioBots, Cyfuse Biomedical K.K., Aspect Biosystems Ltd., 3D Bioprinting Solutions, Ourobotics, Advanced Solutions, Inc., GeSiM, Bio3D Technologies, 3Dynamic Systems Ltd., Nano3D Biosciences, Inc., Poietis, regenHU Ltd., and Aerotech Inc.

Comments

Post a Comment

Popular posts from this blog

In-Vitro Fertilization (IVF) Devices and Consumables Sector to Experience Significant Growth

By -
Image
The rising prevalence of delayed pregnancy, growing awareness about in-vitro fertilization (IVF) treatment , and declining fertility rates are positively influencing the IVF devices and consumables sector. The World bank revealed that the fertility rate, from 4.7 in 1970, came down to 2.4 in 2015.  A major cause behind infertility is smoking, which reduces the chances of pregnancy by 50.0 percent. As per an Oxford Press journal, by 2025 about 7.7 million women will be diagnosed with infertility. Download Free Sample Copy of Report:  http://bit.ly/ivf-devices-and-consumables-market-b The IVF devices and consumables sector is witnessing growth due to the improving success rate of IVF procedures, which is a result of the improvements in technology. Advanced technologies help in monitoring embryos without having to remove them from incubators to select the best one for implantation, as for a single IVF procedure, many embryos are cultured. Another technique, pre-im...
Read more

How the Patient Handling Equipment Market Has Witnessed Substantial Growth in Coming Years?

By -
Image
A report by the United Nations Department of Economic and Social Affairs said that the global population of people in the 60 and above age group is rising rapidly. By the end of 2050, the global share of this age group is expected to grow to 21.1% from 11.7% in 2013. Additionally, the number of people in this age group is predicted to be around 324 million in India, 437 million in China, 58 million in Brazil, and 107 million in the U.S. by 2050. One of the major contributors of the growing elderly population is the increasing life expectancy rate.  Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/patient-handling-equipment-market/report-sample Taking care of the bed-ridden patients or patients with restricted mobility can be taxing for caregivers. They have to perform many tasks, such as lifting, transferring them from one place to another, repositioning, bathing, and dressing a patient. Manual lifting of patients is one of the major risk factors...
Read more

How is Rising Burden of Chronic Diseases Driving Demand for Photoacoustic Imaging Systems?

By -
Image
The prevalence of chronic diseases has been rising considerably across the globe. For example, cancer is among the major causes of death globally, and was responsible for about 9.6 million deaths in 2019, according to the GLOBOCAN.  Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/photoacoustic-imaging-market-revenue/report-sample This is leading to the growing demand for photoacoustic imaging in healthcare facilities. An emerging hybrid imaging technology, photoacoustic imaging utilizes short laser pulses for irradiating chromophores in tissue. This induces a localized thermo-elastic expansion which can be detected using wide-band ultrasonic transducers. The global photoacoustic imaging market is predicted to generate a revenue of $279.3 million by 2030, increasing from $39.8 million in 2019, progressing at a 20.3% CAGR during the forecast period (2020-2030), according to a P&S Intelligence study.  Make an Enquiry Before Purchase: http...
Read more