Bioprinting Market Analysis & Forecast (2018-2025)

The global bioprinting market has been segmented into following application areas: clinical applications, research applications and others (tools, prototype, molds) Research applications was    the largest revenue     contributing application segment in 2016. It accounted for $XX million revenue in 2016. The growth can be attributed to rapidly increasing technological advancements in bioprinting platforms, increasing usage of 3D printing in drug discovery process and 3D cell culture, using 3D printed biomaterials. Further, research application is anticipated to reach $XX million revenue in 2025.

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The clinical application is expected to grow at the highest CAGR of XX% during the forecast period 2018-2025. It accounted for $XX million revenue in 2016, and it anticipated to account for $XX million revenue in 2025. Research application areas of bioprinting comprises of 3D cell culture, regenerative medicine, and drug research, among others. The research application bioprinting market was valued $XX million in 2016, and is expected to reach $XX million by 2025, growing at a CAGR of XX% during the forecast period, 2018-2025. Moreover, the 3D cell culture accounted for highest revenue generation of $XX million in research application types bioprinting market in 2016 and is anticipated to reach $XX billion in 2025, growing at the CAGR of XX% during forecast period, 2018-2025.

The growth can be attributed to the increasing initiatives by market players and university’s scientists in 3D bioprinting of tissues, cartilages and organs to enhance the in-vitro drug discovery process and other medical applications.
 

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