Lucintel's latest market report analyzed that 3D bioprinting provides attractive opportunities in the pharmaceutical & biotechnology and research organizations & academic institutes. The 3D bioprinting market is expected to reach $5.0 billion by 2028 with a CAGR of 18.4%. In this market, 3D bioprinters is the largest segment by product, whereas research organizations & academic institutesis largest by end use industry.

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Based on product, the 3D bioprinting market is segmented into 3D bioprinters, biomaterials, and scaffolds. The 3D bioprinters segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing number of clinical trials and drug testing process, which will help in significantly reducing animal testing.

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The 3D Bioprinting Market is marked by the presence of several big and small players. Some of the prominent players offering 3D bioprinting include Organovo Holdings, Envisiontec, Nano 3D Biosciences, Cyfuse Biomedical, and Regenhu.

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