Bioinks Market 2023 is estimated to surge ahead at a CAGR of 18.6% to climb to a market size of US$ 738.2 Mn by the end of 2032 |Demand for Natural Bioinks to Remain Incredibly High

Bioinks are advanced bioprinting materials which allow for the manufacture of 3D hydrogel structures – enabling the production of unique implants & highly customized medical devices. In recent years there has been a considerable growth in investment & research into better ways of manufacturing these products – making it one of the most rapidly developing arenas for medical entrepreneurs. In this article, we will explore what you need to know about the bioinks market & how it is continuing to shape the future of medical care on a global scale.

Worldwide revenue from the bioinks market reached US$ 115.7 Mn in 2021, with the global market estimated to surge ahead at a CAGR of 18.6% to climb to a market size of US$ 738.2 Mn by the end of 2032.

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Firstly, there is an increasing focus on developing new materials which have enhanced biocompatibility capabilities – helping reduce irritation within patients & allowing for comfortable long-term usage. On top of this, many companies are now producing tailored versions that provide specialized solutions for different applications such as neural engineering or orthopedic tissue fabrication – meaning users can benefit from optimized forms tailored according to application-specific needs. Furthermore, numerous organizations have begun offering value added services such as rapid prototyping packages or data visualization tools – helping them remain compliant whilst ensuring data safety is maintained across all facilities.

In addition, there is an increasingly growing demand for single-use systems due to their convenience & cost-effectiveness; providing healthcare workers with a safe solution without needing to worry about sterilization or cross contamination between patients. Furthermore, digital solutions have become commonplace amongst bioinks; users can now efficiently store & transfer data from anywhere in the world – greatly reducing administrative burden & improving communication between providers & patients alike.

Companies

  • CELLINK
  • Merck KGaA
  • Allevi, Inc.
  • TheWell Bioscience Inc.
  • CollPlant Biotechnologies Ltd.
  • UPM Biomedicals
  • Brinter®
  • Foldink
  • Black Drop Biodrucker Gmb
  • TissueLabs
  • Axolotl Biosciences
  • Manchester BIOGEL

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Competitive Landscape

Leading bioink manufacturers are developing technologically advanced products. Correspondingly, major competitors in the industry are engaged in merger and acquisition strategies to enhance their product offerings. Moreover, companies are also focusing on the expansion of corporate collaborations to boost their overall revenue.

For instance:

In Nov 2021, CollPlant launched a bioink named Collink.3D™ for use in the 3D bioprinting of human tissues, scaffolds, and organs.

In Aug 2021, BICO acquired Advanced BioMatrix, which has a leading product portfolio in bioinks and reagents.

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Key Segments Covered in Bioinks Industry Research

By Material:

  • Agarose
  • Alginate
  • Chitosan
  • Collagen
  • Fibrinogen
  • Gelatin
  • Hyaluronic Acid
  • Graphene
  • Hydroxyapatite
  • Cell- and tissue-derived ECM
  • Poly (Ethylene Glycol) Diacrylate (PEGDA)
  • Others

By Source:

  • Natural Bioinks
  • Synthetic Bioinks

By Printing Modality:

  • Extrusion-based Bioprinting
  • Inkjet-based Bioprinting
  • Laser-based Bioprinting

By Application:

  • Tissue Engineering & Regenerative Medicine
  • Tissue Transplantation
  • Pharmaceuticals and High-throughput screening

By Organ:

  • Human Ear
  • Kidney
  • Liver
  • Heart
  • Skin
  • Cartilages
  • Bones
  • Stem Cells
  • blood vessels
  • Cancer Research
  • Lungs
  • Muscles
  • Others

By End User:

  • Medical Device Manufacturers
  • Pharmaceutical Companies
  • Research & Academic Institutions
  • Contract Research Organizations

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The Middle East & Africa

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