Global 3D Bioprinting Market Size, Share, Growth Analysis, By Technology(Magnetic Levitation, Inkjet-based), By Application(Medical, Dental), By Material(Hydrogels, Living cells), By Component(Bioprinters, Bioinks), By End-use(Pharmaceutical Companies, Research & Academic Institutions) - Industry Forecast 2024-2031

Q: What is the global market size of 3D Bioprinting Market?

Global 3D Bioprinting Market size was valued at USD 1.08 billion in 2021 and is poised to grow from USD 1.3 billion in 2022 to USD 5.92 billion by 2030, growing at a CAGR of 20.8% in the forecast period (2023-2030).

Report ID: SQMIG20I2072 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 150 | Figures: 81

Global 3D Bioprinting Market Insights

3D Bioprinting Market size was valued at USD 1.08 billion in 2019 and is poised to grow from USD 1.3 billion in 2023 to USD 5.92 billion by 2031, growing at a CAGR of 20.8% in the forecast period (2024-2031).

This market's growth is being attributed to a restricted number of organ donors and an aging population with chronic respiratory disease. Rising R&D investment, technological innovation, and an increase in the prevalence of chronic diseases are all factors that are expected to drive market expansion throughout the forecast period.

3D printing is becoming increasingly crucial in the medical sector due to its ability to create complex solid parts such as kidneys, hearts, and lungs for transplant. Because they use cells obtained from the person's blood, 3D-printed parts are less likely to pose dangers than traditional organ substitution, which risks the human host rejecting them. Medical practitioners can employ 3D bioprinting to build new organs during organ transplants and repair fractured bones, which holds enormous promise in the realm of medicine.

Additionally, it enables the printing of prosthetic limbs that can be used to replace lost legs in patients. Furthermore, as compared to the traditional procedure, which requires a donor and takes the same amount of time, 3D bioprinting allows for faster growth of organs and tissues. The waiting for transplantation becomes longer by the day due to the vast gap between the demand for organs and the number of donors.

To address this issue, scientists are developing synthetic organs. However, the little organs now being created by scientists are not suitable for transplantation into a human body. Such unmet commercial needs have pushed the advancement of 3D-printed transplanted parts.

US 3D Bioprinting Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 1.08 billion

Largest Segment

Inkjet-based

Fastest Growth

Inkjet-based

Growth Rate

20.8% CAGR

Global 3D Bioprinting Market ($ Bn)

Country Share for North America Region (%)

Global 3D Bioprinting Market By Technology ($ Bn)

Global 3D Bioprinting Market By Technology (%)

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Global 3D Bioprinting Market Segmental Analysis

Global 3D Bioprinting market is segmented on the basis of technology, application, material, component, end-use, and region. By technology, the market is segmented into magnetic levitation, inkjet-based, syringe-based, laser-based, others. By application, the market is segmented into medical, dental, biosensors, consumer/personal product testing, bioinks, food and animal product. By material, the market is segmented into hydrogels, living cells, extracellular matrices, other biomaterials. By component, the market is segmented into bioprinters, bioinks. By end-use, the market is segmented into pharmaceutical companies, research & academic institutions, medical device manufacturers, contract research organization. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

3D Bioprinting Market Analysis by Technology

The inkjet-based segment dominated the global 3D Bioprinting market and is anticipated to maintain its dominance throughout the forecast period, since it allows for the printing of complicated living organs or tissues on culture substrates using biomaterials as bio-inks. The widespread use of inkjet-based printing in the medical industry is fueling the segment's expansion.

Furthermore, magnetic levitation segment is expected to develop at the fastest CAGR over the forecast period. The cost-effectiveness of the technology is to blame for the profitable growth. The magnetically levitated technology is expected to reduce more than 80% of 3D bioprinting errors due to its complex features, higher speed, and increased accuracy. These bioprinters are also used in toxicity testing, the printing of vascular muscles, and actual tissue restoration.

Global 3D Bioprinting Market By Technology, 2023 (%)

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Global 3D Bioprinting Market Regional Insights

North America region dominated the 3D Bioprinting market in 2021 and is expected to maintain its dominance throughout the forecast period, owing to increased spending on innovative manufacturing technologies by industrialized countries such as Canada and the United States. Moreover, numerous government agencies, such as the National Aeronautics and Space Administration (NASA), have identified significant R&D investments that can significantly contribute to space applications and produce new technologies that fuel commercial growth.

Europe has the second-largest market share in the world. This technology is in significant demand among small and medium-sized businesses that want high-speed, dependable, and low-cost prototypes for manufacture. This technology's usage in the manufacturing and semiconductor industries is predicted to increase rapidly in the regional market.

Furthermore, Asia Pacific is expected to develop at the fastest CAGR. APAC manufacturers have expressed a growing interest in the establishment of a sustainable 3D printing environment, and governments in the region have implemented a number of rules and legislative measures. Given the significant government investment for the business, China could be the driving force behind Asia's adoption of this technology.

Global 3D Bioprinting Market By Region, 2024-2031

Largest
Fastest

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Global 3D Bioprinting Market Dynamics

3D Bioprinting Market Drivers

The rising utilization of 3D bioprinting in pharmaceutical and cosmetic industry is expected to drive market growth

Several pharmaceutical companies are rapidly implementing 3D bioprinting products and technology in the process of discovering and developing novel medications. In comparison to the traditional drug testing technique, 3D bioprinting enables the pharmaceutical sector to test drugs more affordably and safely. The 3D bioprinting process allows pharmaceutical companies to test a medicine in a matter of hours, cutting the three to six years it traditionally takes to develop a new drug. Using 3D bioprinted tissues, R&D teams can test new treatments early on as well as during preclinical investigations. Reduced animal testing, increased productivity, and a more rapid medication development process are all advantages of 3D bioprinting. Furthermore, the growing utilization of 3d printing in cosmetic industry is driving the market growth. The European Commission has banned animal testing for cosmetics since March 2013. As a result, some cosmetics and healthcare companies have used 3D bioprinting to develop cutting-edge 3D tissue models and drug screening methodologies.

3D Bioprinting Market Restraints

The sector faces significant challenges because to the scarcity of biomaterials

One of the most pressing issues confronting the 3D bioprinting industry is a scarcity of readily available biomaterials for the operation. Both the removal of generated commodities and the operational operations in waste disposal play an important role in the biomaterial's procedure. These control system variables delay industrial operations and increase the chance of procedure variation, both of which are severe issues for various processes and machines.

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Global 3D Bioprinting Market Competitive Landscape

3D Bioprinting Market Top Player’s Company Profiles

EnvisionTEC , Inc.

Organovo Holdings, Inc.

3D Systems, Inc.
CELLINK AB
Stratasys Ltd.
Allevi, Inc.
Rokit Healthcare
Poietis SAS
Aspect Biosystems Ltd.
Cyfuse Biomedical K.K.
Biobots, Inc.
Advanced Solutions, Inc.
regenHU Ltd.
Volumetric, Inc.
Materialise NV
BioBots
Microdrop Technologies GmbH
GeSiM mbH
Luxexcel Group BV
3D Biotek, LLC

3D Bioprinting Market Recent Developments

In December 2022, The National Eye Institute (NEI), which is part of the National Institutes of Health, printed a mixture of cells that constitute the outer blood-retina barrier—eye tissue that supports the retina's light-sensing photoreceptors. The approach allows researchers to examine degenerative retinal illnesses such as age-related macular degeneration with a theoretically infinite supply of patient-derived tissue (AMD).

In September 2022, The Indian Institute of Science (IISc) announced a collaboration with CELLINK, a bioprinting solutions firm based in Sweden, to give two to three bioprinters to the Centre of Excellence (CoE), each of which uses a different printing technology at its own expense. The Indian Institute of Science is set to open its first specialized center for 3D bioprinting technology in approximately two months (IISc). IISc intends to establish a Center of Excellence in 3D bioprinting at its Centre for Biosystems Science and Engineering (BSSE). The CoE strives to develop the discipline by serving as a reference hub for researchers, biopharma companies, hospitals, and other organizations.

In June 2022, REGEMAT 3D, announced a collaboration with Humabiologics, a company that provides human-derived biomaterials for regenerative medicine, in response to rising demand and to serve a broader life sciences customer base of industry partners and academic institutions in the European bioprinting and drug testing market.

Global 3D Bioprinting Key Market Trends

The rising usage of 3D bioprinting in advanced dermatology is a major trend observed in the market. Burns and scars, particularly on exposed regions of the body, can have a negative impact on an individual's look. The increased consumer awareness of personal appearance is driving an increase in the number of dermal surgeries and treatments throughout the world. According to the National Institute of Aging in the United States, a significant proportion of the population between the ages of 16 and 33 is adopting advanced dermatology. This is generating enough traction for goods manufacturers. Growing self-care awareness is one of the primary factors driving the growth of the 3D bioprinting market in developed regions. Furthermore, 3D bioprinting in healthcare aids in skin tissue bioprinting.

Global 3D Bioprinting Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global 3D Bioprinting market analysis, 3D bioprinted medical models have transformed operations and are aiding surgeons in reducing the time and complexity required to complete a surgical procedure. Although the uses of 3D printing are limited at the moment, surgeons may design their operation in advance to decrease surgical time and mistake. Surgical operations are getting faster, less expensive, and less risky, which saves money and time. As a result, many more surgical procedures may be performed each year. Surgeons can analyse CT scan data from a patient by converting it to a digital form via 3D printing. 3D bioprinting, with manufactured specialized tools and guidance, is useful for drilling and cutting surgeries such as joint replacement surgery. Custom surgical guides and medical models created using 3D printing will most certainly become common practice during the next decade. This will apply to a wide range of surgical operations, including cranial implants, joint replacement, cardiac surgery, and spinal surgery.

Report Metric	Details
Market size value in 2023	USD 1.08 billion
Market size value in 2031	USD 5.92 billion
Growth Rate	20.8%
Forecast period	2024-2031
Forecast Unit (Value)	USD Billion
Segments covered	Technology Magnetic Levitation, Inkjet-based, Syringe-based, Laser-based, Others Application Medical, Dental, Biosensors, Consumer/Personal Product Testing, Bioinks, Food and Animal Product Material Hydrogels, Living cells, Extracellular matrices, Other biomaterials Component Bioprinters, Bioinks End-use Pharmaceutical Companies, Research & Academic Institutions, Medical Device Manufacturers, Contract Research Organization
Regions covered	North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered	EnvisionTEC , Inc. Organovo Holdings, Inc. 3D Systems, Inc. CELLINK AB Stratasys Ltd. Allevi, Inc. Rokit Healthcare Poietis SAS Aspect Biosystems Ltd. Cyfuse Biomedical K.K. Biobots, Inc. Advanced Solutions, Inc. regenHU Ltd. Volumetric, Inc. Materialise NV BioBots Microdrop Technologies GmbH GeSiM mbH Luxexcel Group BV 3D Biotek, LLC 3D Bioprinting Market Recent Developments In December 2022, The National Eye Institute (NEI), which is part of the National Institutes of Health, printed a mixture of cells that constitute the outer blood-retina barrier—eye tissue that supports the retina's light-sensing photoreceptors. The approach allows researchers to examine degenerative retinal illnesses such as age-related macular degeneration with a theoretically infinite supply of patient-derived tissue (AMD). In September 2022, The Indian Institute of Science (IISc) announced a collaboration with CELLINK, a bioprinting solutions firm based in Sweden, to give two to three bioprinters to the Centre of Excellence (CoE), each of which uses a different printing technology at its own expense. The Indian Institute of Science is set to open its first specialized center for 3D bioprinting technology in approximately two months (IISc). IISc intends to establish a Center of Excellence in 3D bioprinting at its Centre for Biosystems Science and Engineering (BSSE). The CoE strives to develop the discipline by serving as a reference hub for researchers, biopharma companies, hospitals, and other organizations. In June 2022, REGEMAT 3D, announced a collaboration with Humabiologics, a company that provides human-derived biomaterials for regenerative medicine, in response to rising demand and to serve a broader life sciences customer base of industry partners and academic institutions in the European bioprinting and drug testing market.
Customization scope	Free report customization with purchase. Customization includes:- Segments by type, application, etc Company profile Market dynamics & outlook Region
Historical Year	2019

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Table Of Content

Executive Summary

Market overview

Exhibit: Executive Summary – Chart on Market Overview
Exhibit: Executive Summary – Data Table on Market Overview
Exhibit: Executive Summary – Chart on Global 3D Bioprinting Market Characteristics
Exhibit: Executive Summary – Chart on Market by Geography
Exhibit: Executive Summary – Chart on Market Segmentation
Exhibit: Executive Summary – Chart on Incremental Growth
Exhibit: Executive Summary – Data Table on Incremental Growth
Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
  - Drivers
  - Opportunities
  - Restraints
  - Challenges
SWOT Analysis

KEY MARKET INSIGHTS

Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
Macroeconomic Indicators

COVID IMPACT

Introduction
Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
Revised Market Size
- Exhibit: Data Table on Global 3D Bioprinting Market size and forecast 2021-2027 ($ million)
Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
  - Drivers
  - Opportunities
  - Restraints
  - Challenges
Regulatory Landscape
- Exhibit: Data Table on regulation from different region
SWOT Analysis
Porters Analysis
- Competitive rivalry
  - Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
  - Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
  - Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
  - Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
  - Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Market Size by Region

Chart on Market share by geography 2021-2027 (%)
Data Table on Market share by geography 2021-2027(%)
North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- France
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- India
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
  - Exhibit: Chart on Market share 2021-2027 (%)
  - Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

Competitive Landscape
- Total number of companies covered
  - Exhibit: companies covered in the report, 2021
- Top companies market positioning
  - Exhibit: company positioning matrix, 2021
- Top companies market Share
  - Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global 3D Bioprinting Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global 3D Bioprinting Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global 3D Bioprinting Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global 3D Bioprinting Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

Global 3D Bioprinting Market Report Snapshots

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FAQs

The market's leading players are focusing on providing advanced and innovative solutions to meet the growing needs of industries. These prominent firms are investing in research and development to create novel services and materials and are highly focused in forming strategic alliances and collaborating to develop next-generation solutions. For instance, in February 2022, Imaginarium collaborated with Ultimaker to launch a desktop and industrial 3D printer range in India. This collaboration will assist Ultimaker in expanding its business in India, where additive manufacturing is expected to reach a tipping point in the coming years. 'EnvisionTEC, Inc.', 'Organovo Holdings, Inc.', ' 3D Systems, Inc. ', ' CELLINK AB ', ' Stratasys Ltd. ', ' Allevi, Inc. ', ' Rokit Healthcare ', ' Poietis SAS ', ' Aspect Biosystems Ltd. ', ' Cyfuse Biomedical K.K. ', ' Biobots, Inc. ', ' Advanced Solutions, Inc. ', ' regenHU Ltd. ', ' Volumetric, Inc. ', ' Materialise NV ', ' BioBots ', ' Microdrop Technologies GmbH ', ' GeSiM mbH ', ' Luxexcel Group BV ', ' 3D Biotek, LLC ', 'In December 2022, The National Eye Institute (NEI), which is part of the National Institutes of Health, printed a mixture of cells that constitute the outer blood-retina barrier—eye tissue that supports the retina's light-sensing photoreceptors. The approach allows researchers to examine degenerative retinal illnesses such as age-related macular degeneration with a theoretically infinite supply of patient-derived tissue (AMD).', 'In September 2022, The Indian Institute of Science (IISc) announced a collaboration with CELLINK, a bioprinting solutions firm based in Sweden, to give two to three bioprinters to the Centre of Excellence (CoE), each of which uses a different printing technology at its own expense. The Indian Institute of Science is set to open its first specialized center for 3D bioprinting technology in approximately two months (IISc). IISc intends to establish a Center of Excellence in 3D bioprinting at its Centre for Biosystems Science and Engineering (BSSE). The CoE strives to develop the discipline by serving as a reference hub for researchers, biopharma companies, hospitals, and other organizations.', 'In June 2022, REGEMAT 3D, announced a collaboration with Humabiologics, a company that provides human-derived biomaterials for regenerative medicine, in response to rising demand and to serve a broader life sciences customer base of industry partners and academic institutions in the European bioprinting and drug testing market.'

Several pharmaceutical companies are rapidly implementing 3D bioprinting products and technology in the process of discovering and developing novel medications. In comparison to the traditional drug testing technique, 3D bioprinting enables the pharmaceutical sector to test drugs more affordably and safely. The 3D bioprinting process allows pharmaceutical companies to test a medicine in a matter of hours, cutting the three to six years it traditionally takes to develop a new drug. Using 3D bioprinted tissues, R&D teams can test new treatments early on as well as during preclinical investigations. Reduced animal testing, increased productivity, and a more rapid medication development process are all advantages of 3D bioprinting. Furthermore, the growing utilization of 3d printing in cosmetic industry is driving the market growth. The European Commission has banned animal testing for cosmetics since March 2013. As a result, some cosmetics and healthcare companies have used 3D bioprinting to develop cutting-edge 3D tissue models and drug screening methodologies.

The rising usage of 3D bioprinting in advanced dermatology is a major trend observed in the market. Burns and scars, particularly on exposed regions of the body, can have a negative impact on an individual's look. The increased consumer awareness of personal appearance is driving an increase in the number of dermal surgeries and treatments throughout the world. According to the National Institute of Aging in the United States, a significant proportion of the population between the ages of 16 and 33 is adopting advanced dermatology. This is generating enough traction for goods manufacturers. Growing self-care awareness is one of the primary factors driving the growth of the 3D bioprinting market in developed regions. Furthermore, 3D bioprinting in healthcare aids in skin tissue bioprinting.

3D Bioprinting Market size was valued at USD 1.08 billion in 2021 and is poised to grow from USD 1.3 billion in 2022 to USD 5.92 billion by 2030, growing at a CAGR of 20.8% in the forecast period (2023-2030).