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Bioink Market

Publisher Global Market Insights
Published Nov 05, 2024
Length 101 Pages
SKU # GMI19407225

Description

Bioink Market


The Global Bioink Market was valued at USD 70.4 million in 2023 and is projected to grow at a CAGR of 12.5% from 2024 to 2032. This rapid growth is primarily driven by the increasing use of bioink in biomedical research therapy and the rising prevalence of chronic diseases and organ failure. The growing demand for innovative medical solutions, such as bio-printed tissues and organs, is fueling the market expansion.

Advancements in 3D bioprinting technology, alongside increased collaborations between pharmaceutical companies and research institutions, also contribute to market growth. These partnerships help drive innovations in bioink formulations, enhancing their application in areas like tissue engineering and drug delivery. The continuous evolution of bioprinting systems and the development of bioinks that are both biocompatible and versatile are expected to further accelerate market growth.

The market is segmented based on bioink types into natural and synthetic categories. In 2023, the natural bioink segment led the market with a revenue of USD 60.7 million. Natural bioinks are favored due to their biocompatibility and non-toxic properties, making them suitable for tissue engineering applications. The increasing emphasis on sustainable practices in biomedical research has further bolstered the demand for natural bioinks, as they are often derived from renewable and biodegradable sources.

In terms of materials, the bioink market includes collagen, alginate, gelatin, agarose, chitosan, Pluronic, and others. Collagen emerged as the dominant material, holding a 36.0% market share in 2023. Its high compatibility with human tissue and its ability to form fibrous networks make collagen essential for tissue engineering and regenerative medicine. The use of collagen in various medical applications, such as wound healing and tissue repair, coupled with regulatory approvals, is expected to drive continued growth in this segment.

Regionally, North America accounted for a significant 43.6% of the market in 2023. The availability of advanced bioink technologies, including improved printing resolutions and multi-material capabilities, enhances the adoption of bioink-based products in the region. Furthermore, North America benefits from a supportive regulatory environment encouraging investment in bioprinting technology, fostering further market growth.

Table of Contents

101 Pages
Chapter 1 Methodology
1.1 Market segmentation
1.2 Market definitions
1.3 Research design
1.4 Market size estimates and calculations
1.4.1 Approach 1: Company share analysis
1.4.2 Approach 2: Data mining approach
1.5 Key trends for market estimates
1.6 Forecast model
1.7 Primary research & validation
1.7.1 Primary sources
1.7.2 Data mining sources
1.7.2.1 Paid sources
1.7.2.2 Public sources
Chapter 2 Executive Summary
2.1 Global market 360° synopsis, 2021- 2032 (USD Billion)
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Type trends
2.1.4 Material trends
2.1.5 Application trends
2.1.6 Printing modality trends
2.1.7 End-use trends
Chapter 3 Bioink Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Rising application in regenerative medicine
3.2.1.2 Increase in demand for 3D printed tissue and organs
3.2.1.4 Advancement in bioprinting technologies
3.2.2 Restraints
3.2.2.1 Stringent approval filing process
3.2.2.2 High manufacturing cost
3.3 Growth potential analysis
3.3.1 By type
3.3.2 By material
3.3.3 By application
3.3.4 By printing modality
3.3.5 By end-use
3.4 Regulatory landscape
3.4.1 U.S.
3.4.2 Europe
3.5 Technology landscape
3.6 Porter's analysis
3.7 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Company matrix analysis
4.4 Competitive analysis of major market players
4.5 Competitive positioning matrix
4.6 Strategy dashboard
Chapter 5 Bioink Market, By Type
5.1 Natural bioink
5.2 Synthetic bioink
Chapter 6 Bioink Market, By Material
6.1 Collagen
6.2 Alginate
6.3 Gelatin
6.4 Agarose
6.5 Chitosan
6.6 Pluronic
6.7 Other materials
Chapter 7 Bioink Market, By Application
7.1 Tissue engineering
7.2 Medical applications
7.3 Drug discovery & delivery
7.4 Other applications
Chapter 8 Bioink Market, By Printing Modality
8.1 Extrusion-based bioprinting
8.2 Ink-jet based bioprinting
8.3 Laser-based bioprinting
Chapter 9 Bioink Market, By End-use
9.1 Pharmaceutical and biotechnology companies
9.2 Hospitals and clinics
9.3 Academic & research institutes
9.4 Other end-users
Chapter 10 Bioink Market, By Region
10.1 North America
10.2 Europe
10.3 Asia Pacific
10.4 Latin America
10.5 MEA
Chapter 11 Company Profile
11.1 Allevi, Inc. (3D Systems)
11.1.1 Global overview
11.1.2 Business overview
11.1.3 Financial data
11.1.4 Product landscape
11.1.5 Strategic outlook
11.1.6 SWOT analysis
11.2 Axolotl Biosciences
11.2.1 Global overview
11.2.2 Business overview
11.2.3 Financial data
11.2.4 Product landscape
11.2.5 SWOT analysis
11.3 BIO INX
11.3.1 Global overview
11.3.2 Business overview
11.3.3 Financial data
11.3.4 Product landscape
11.3.5 Strategic outlook
11.3.6 SWOT analysis
11.4 CELLLINK (BICO)
11.4.1 Global overview
11.4.2 Business Overview
11.4.3 Financial data
11.4.3.1 Annual sales revenue, 2020-2023 (USD Million)
11.4.4 Product landscape
11.4.5 Strategic outlook
11.4.6 SWOT analysis
11.5 CollPlant Biotechnologies Ltd.
11.5.1 Global overview
11.5.2 Business overview
11.5.3 Financial data
11.5.3.1 Annual sales revenue, 2020-2023 (USD Million)
11.5.4 Product landscape
11.5.5 SWOT analysis
11.6 Foldink
11.6.1 Global overview
11.6.2 Business overview
11.6.3 Financial data
11.6.4 Product landscape
11.6.5 SWOT analysis
11.7 Merck KGaA
11.7.1 Global overview
11.7.2 Business overview
11.7.3 Financial data
11.7.3.1 Annual sales revenue, 2020-2023 (USD Million)
11.7.4 Service landscape
11.7.5 SWOT analysis
11.8 ROKIT HEALTHCARE, INC.
11.8.1 Global overview
11.8.2 Business overview
11.8.3 Financial data
11.8.4 Product landscape
11.8.5 SWOT analysis
11.9 TheWell Bioscience Inc.
11.9.1 Global overview
11.9.2 Business overview
11.9.3 Financial data
11.9.4 Product landscape
11.9.5 Strategic outlook
11.9.6 SWOT analysis
11.10 VoxCell BioInnovation Inc
11.10.1 Global overview
11.10.2 Business overview
11.10.3 Financial data
11.10.4 Product landscape
11.10.5 SWOT analysis

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