Rising demand for organ transplantation to drive the market demand for 3D bioprinting market to reach USD 1.33 billion by 2021

The global 3D bioprinting market has been segmented on the basis of technology, applications, materials, and regions. By technology, the global market is segmented into four categories, namely, microextrusion, laser-assisted, inkjet, and magnetic 3D bioprinting. The microextrusion market is estimated to command the largest share of the global market in 2016, due to its high affordability and simple setup process.

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Increasing R&D initiatives for the use of living cells in the 3D bioprinting process to drive the global demand for Living Cells in the market

Living cells is most commonly used material in 3D bioprinting. They play a crucial role in the 3D bioprinting process as they have the ability to fabricate human scale tissues in a very defined and stable method.

In 2016, the living cells segment accounted for a share of 36.0% of the 3D bioprinting market. The growth in this segment is attributed to factors such as; increasing R&D initiatives for the use of living cells in 3D bioprinting; the expanding applications of this segment in 3D bioprinting; and growing research and awareness of stem cells among individuals across the globe.

Research Applications to register highest CAGR during forecast period

Clinical Applications

Clinical applications of 3D bioprinting include the skin, bone & cartilage, and blood vessels. The increasing demand for organ transplantation and changing lifestyle of people across the globe will be the key growth drivers of the clinical applications segment of the market over the coming years. Among these sub-segments, skin printing is one of the major applications in the 3D bioprinting industry. Increasing cosmetic surgical procedures across the globe specifically in emerging countries is major factor contributing to the growth of this application segment.

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Research Applications

Research applications of 3D bioprinting include drug and medical research, regenerative medicine, and 3D cell culture. Increasing initiatives taken by market players and university scientists in the 3D bioprinting field are the major contributors to the growth of the research applications market. Among these sub-segments, drug research is the major application for 3D bioprinting. Artificially bioprinted tissues enable researchers and pharmaceutical companies to study the effects of various drugs on different diseases, disease progression, and treatments within the required microenvironment, which is the major factor owing to the growth of this segment in the market.