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3D-Printed Organs Market is experiencing new opportunities & competitive edge highlighted by Top Market Key Players (Organovo Holdings Inc., Modern Meadow, Poietis, REGEMAT 3D S.L., Cellbricks, Nano3D Biosciences, Inc.) | Forecast to 2030
According to a research report "3D-Printed Organs Market", by Organ Type (Heart, Liver, Kidney, Lung, Skin, Bone, Pancreas, Ear, Eye and Others), Technology (Extrusion-Based 3D Printing, Laser-Assisted Printing, Inkjet Printing, Stereolithography, Magnetic Levitation, Laser Based and Others), Material Type (Biological Materials (Bioinks), Synthetic Polymers, Hydrogels, Ceramics, Metals and Biomaterials), Application (Transplantation, Research & Drug Testing, Disease Modeling, Regenerative Medicine and Medical Training & Education), & Region.
3D-Printed Organs Market Scope:
- Market size value in 2023 - USD 2.13 Billion
- Market size value in 2030 - USD 2.99 Billion
- CAGR (2023-2030) - 18.51%
- Forecast Period - 2023-2030
- Historic Data - 2020
- Segments Covered - Organ Type, Technology, Material Type, Application & Region
- Geographies Covered - North America, Europe, Asia Pacific, and RoW
- Sample of Companies Covered - Organovo Holdings Inc., Modern Meadow, Poietis, REGEMAT 3D S.L., Cellbricks, Nano3D Biosciences, Inc., Medprin Regenerative Medical Technologies Co., Ltd, EnvisionTEC.
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Browse in-depth TOC on "3D-Printed Organs Market"
- 144 - Tables
- 99 - Figures
- 362 - Pages
Market Overview: The market for 3D-Printed Organs signifies a groundbreaking progression at the convergence of biotechnology, medical science, and additive manufacturing. This domain revolves around harnessing 3D printing technology to fabricate fully operational human organs, employing a method that constructs layer upon layer while adhering to the principles of regenerative medicine. The substantial growth of the 3D-printed organs market is substantially attributed to the widespread occurrence of chronic illnesses. Moreover, heightened utilization and deployment of 3D organs, coupled with an aging demographics inclined toward medical procedures is anticipated to bolster the overall market expansion. The mounting research and development endeavors in 3D printing technology, coupled with governmental investments in pertinent projects, are poised to unveil novel prospects for market advancement. However, the creation of 3D-printed organs can entail considerable costs due to the specialized apparatus, materials, and expertise involved. Ensuring the compatibility of bio-inks and materials to avoid immune responses remains a pivotal challenge. The 3D-printed organs arena holds substantial potential to reshape the medical panorama by mitigating organ shortages and redefining transplantation methodologies. Although challenges persist, the continuous strides in technology, materials, and research are projected to impel the market onward, thereby paving the path for an era where customized, functional organs materialize as reality.
Market Dynamics
Drivers:
- Increasing geriatric population with chronic respiratory diseases
- Advances in 3D printing technology
- Development of new bioinks
Opportunities:
- Improvement of 3D printing techniques
- Advancements in Biomaterials
North America dominates the market for 3D-Printed Organs.
In 2023, North America takes the lead in the 3D-printed organs market, trailed by Europe and Asia-Pacific. The North American region is characterized by a heightened incidence of chronic ailments like heart disease, cancer, and diabetes. These conditions often culminate in organ failure, significantly propelling the demand for 3D-printed organs. Substantial investments from both governmental bodies and private organizations in North America are channeled into the research and development of 3D-printed organs. Consequently, this momentum fuels the emergence of novel and advanced 3D printing technologies, facilitating the creation of intricate and lifelike organs. In the realm of North American 3D-printed organs, prominent players such as Organovo Holdings, Inc., RegenHU, Inc., and 3D Bioprinting Solutions, Inc., hold sway. These entities commit substantial resources to research and development endeavors, propelling innovation and ushering innovative products into the market.
Asia-Pacific is poised to undergo swift expansion within the 3D-printed organs market. Demonstrating an exceptional propensity for embracing novel technologies, the region is adept at rapidly assimilating innovations. This predisposition positions the area favorably to harness advancements in 3D printing, particularly in the realm of organ fabrication. The region's densely populated and diverse demographics provides an extensive reservoir of potential patients for organ transplants. This substantial recipient pool fosters a heightened demand for forward-looking solutions like 3D-printed organs. Furthermore, numerous countries in Asia-Pacific have made remarkable advancements in medical research and healthcare innovation. The synergy of medical expertise with cutting-edge 3D printing technology is expected to expedite both the development and adoption of 3D-printed organs. In light of these factors, it is anticipated that Asia-Pacific will observe a notable upswing in research, developmental initiatives, and the incorporation of 3D-printed organs in the years to come. This trajectory is poised to significantly contribute to the accelerated expansion of the market across the region.
Top Key Players covered in the market report:
- Organovo Holdings Inc.
- Modern Meadow
- Poietis
- REGEMAT 3D S.L.
- Cellbricks
- Nano3D Biosciences, Inc.
- Medprin Regenerative Medical Technologies Co., Ltd
- EnvisionTEC
- nScrypt
- Advanced Solutions, Inc.
- Digilab Inc.
- TeVido BioDevices
- Aspect Biosystems Ltd.
- Cyfuse Biomedical K.K.
- CELLINK GLOBAL
- 3D Systems
- BioBots
- Rokit Healthcare
- Tissue Regenix Group
- LIFE 3D
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Segmentations Analysis of 3D-Printed Organs Market: -
- Organ Type
- Technology
- Material Type
- Application
- Region
https://www.globenewswire.com/news-release/2023/11/07/2775127/0/en/The-3D-Printed-Organs-Market-projected-to-reach-USD-2-99-Billion-by-2030-growing-at-a-CAGR-of-18-51-during-the-forecast-period-of-2023-2030-pronounced-by-MarketDigits-in-its-recent.html
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