3D Bioprinting Market Witnesses Vast Rise in R&D Activities as Companies Realize Vast Potential of the Area, TMR

The medical field is highly positive regarding the vast potential of use of 3D bioprinting in the medical industry in the near future. The ways and areas in the field of medicine in which the 3D technology is most likely to bring a major transformation are being massively researched upon and vast developments are taking place at an enormous pace. From custom-made prosthetics to specialized surgical models to on-demand medicines to even 3D printed human tissues, the 3D printing technology is likely to prove to be revolutionary in the way it can transform how diseases are treated and prevented. 3D printing has already started to witness vast applications in the field of surgery, with surgeons using plastic, 3D printed patient models to practice surgeries. Patient’s aortas are being 3D printed to experiment about heart stents of the correct size and bends that could fit a patient accurately. Ultrasounds, CT scans, and x-rays of real life patients are used to model these and other varieties of patient-specific 3D printed medicinal devices.

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One of the top few areas that researchers think that will be impacted the most by the advent and increased usage of 3D printing are bioprinting, the field that could help humans develop organoids, cells, and other biocompatible materials into 3D functional living tissues from cell cultures. According to a recent market research report by Transparency Market Research, the global 3D bioprinting market will surge at an impressive pace in the next few years, gaining acclaim and larger-scale use across a vast set of application areas.

Listed below are some of the leading trends associated with the market:

  • 3D Printed Organs for Transplant: One of the most prominent areas of research surrounding 3D bioprinting is the use of the technology in the production of organs that are capable of being used as viable substitutes to human organs sourced from human donors. Vast inconsistencies in supply of human organs from donors continues to be the key force behind the urgent need for finding other promising ways of gaining essential human organs.

The vast rise in the prevalence of a number of debilitating chronic diseases and increased investments from governments towards the development of the healthcare industry are also fostering research and development activities in the area. As a result, there has been a massive rise in R&D practices surrounding the development of technologies and methods capable of developing human organs with the help of 3D printing.

  • Foray of New Players in the Market: Owing to the vast promise that the field of 3D bioprinting holds, a number of companies in from medical, healthcare, biotechnology, and technology domains are foraying into the area of bioprinting. As a result, the level of competition is rising in the market and companies are being pushed to present products that are more effective and reliable. As such, research activities aimed at the development of the right materials for bioprinting and the right printers for printing have increased.

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  • Reducing Costs of 3D Printers: With an increased number of companies in the market and a steady influx of products, the cost of products have been consistently coming down in the recent years. Moreover, there have been vast developments in storage and processing facilities surrounding biotechnology and bioprinted products in the past few years. Correspondingly, the usage and application of 3D bioprinting have witnessed vast advancements, making the technology more accessible for a larger share of the global population.

More Trending Reports by Transparency Market Research:

Dental 3D Printing Market: Dental 3D printing is an additive manufacturing process of creating a three dimensional solid dental models such as implants, surgical guides, braces, dentures, crowns and bridges etc. Dental 3D printing is performed by additive process where 3D models are created by laying down sequential layers of material which is programmed by digital file.

3D Printed Drugs Market: 3D printed drugs are medicines that are designed using 3D printing technology to customize them for patients in safe and effective manner. These drugs possess unitary porous structural design that readily dissolve in the mouth, which prevent high-dosage medicines from being swallowed intact. Therefore, this type of medicine is useful for patients having swallowing difficulties such as children, elderly, and those ailing with Alzheimer’s disease, stroke complications, head or neck tumors, and other neurological disabilities.

3D Printed Medical Implants Market: Additive manufacturing, more popularly known as three-dimensional (3D) printing, is fast growing in potential in the health care industry. They are in particular harnessing the profound potential of patient-specific 3D-printed implants as a solution for range of hard-to-treat diseases. Growing use cases of metal 3D printed medical implants to repair bone and cartilage defects has been growing hindered.

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