The 3D bioprinted organ transplants market is now valued at US$ 1.3 billion in 2022, and it is anticipated to increase at a CAGR of 20% over the course of the forecast period to reach US$ 8 billion by 2032.
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Critical factors positively influencing the growth of the 3D bioprinted organ transplant market are:
- With the advancement in technology, there is increasing acceptance of 3D bioprinting organ transplant
- Increasing demand for organ transplants due to the global rise in chronic illnesses
- Nuanced application in orthopedic surgery for replacing broken or irreparable bones
- Application in the development of prosthetic limbs with high mobility
- Long wait time and steadily increasing wait list for organ donors
- Stringent laws and regulations surrounding organ donation
- Higher costs and technicalities associated with preserving and transplanting live organs
- These carry a lesser risk of rejection by the immune system as compared to traditional donor-donated organs
3D Bioprinted Organ Transplants Market Drivers
The significant lack of organs available for emergency scenarios is one of the major factors driving the market for 3D bioprinted organ transplants. Only 18% of the 154,324 people in need of an organ in the United States in 2009 actually obtained one, according to the international non-profit organisation Open BioMedical Initiative. Just waiting for it, 8863 patients passed away.
The ability to tailor an organ to the patient is another benefit of 3D bioprinting organs. To build the desired organ, cells are extracted from the patient and then modified. This guarantees that the body won’t perceive the donor organ as “foreign,” which would force doctors to give the recipient a lifetime supply of immunosuppressants. The use of 3D bioprinted organs as an alternative to study animals is also possible.
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3D Bioprinted Organ Transplants Market Restraints
The market for 3D bioprinted organ transplants faces a number of significant obstacles. The viability of the organs is the first. Although human liver tissues have already been duplicated for research purposes, their shelf life is just about 40 days.
While suitable for short-term research, an actual organ can scarcely be replaced by this. Years may pass before we are able to create a bioprinted, 3D-fit organ for transplant. The market for 3D bioprinted organ transplants may also create certain ethical issues.
3D Bioprinted Organ Transplants Market Key Market Players
Organovo, EnvisionTEC, RegenHU,Cyfuse, Regemat3D, Biobot, 3D Bioprinting Solutions, Pandorum Technologies, Bio3D, and Aspect Biosystems are a few companies active in the 3D bioprinted organ transplant business.
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