Growing adoption in the medical industry to drive the growth of biocompatible 3D printing materials market, the market is expected to grow at a remarkable growth rate of 16% CAGR from 2019 to 2027: TMR

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ALBANY, NY, June 24, 2021 / PRNewswire / – In the global market for biocompatible 3D printing materials, four-dimensional (4D) and three-dimensional (3D) printing is emerging as a trend for manufacturing complex structures. For manufacturers and stakeholders, the high precision and layer-by-layer incorporation of smart substances paves the way for dynamic 3D constructions. Likewise, 3D and 4D printing is becoming more and more popular in the manufacture of scaffolds for tissue engineering. In addition, biocompatible 3D printing technology is increasingly applied in tissue regeneration applications such as vascular tissue engineering and magneto-reactive polymers. As a result, stakeholders and companies in the global biocompatible 3D printing materials market are using the technology to create patient-specific medical equipment.

Manufacturers of biocompatible 3D printing materials also use this technique to create tubular scaffolds 3D printed with nanofibers for use in various bone applications. 3D printing facilitates the fabrication of bone scaffolds and offers a wide range of handling options for biocomposite, biocompatible and biodegradable polymer materials. Thus, once the polymer layers have been deposited, high magnification micrographs of 3D tubular scaffolds reveal a smooth and homogeneous surface morphology.

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The global market for biocompatible 3D printing materials has been assessed at 318 USD Mn in 2018, and it is expected to increase at a rate of 16% CAGR from 2019 to 2027. Due to the large number of advantages offered by 3D printing over conventional printing, the use of 3D printing in the medical industry is likely to increase during the projection period, from 2019 to 2927. During this period, an increase in the use of 3D printing in the medical sector is expected to increase the demand for materials biocompatible 3D printing.

Main conclusions of the market report

  • Production of scaffolding to generate considerable demand in the market

Biomaterial inks are increasingly used to create hard scaffolds for the slowly or permanently degrading stability of a cell structure in the biocompatible 3D printing materials market. Bioinks, however, contribute to the formation of softer scaffolds which are quickly replaced by the accumulation of extracellular matrix (ECM) by the severed cell population. Hydrogel-based bioinks are also being developed by manufacturers as a better medium for 3D cell culture. Bioinks made with hydrogels are also biocompatible and can be easily adapted to the biological, mechanical and physical attributes of 3D cell formations. Such developments are expected to work in favor of the global biocompatible 3D printing materials market in the coming years.

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  • The increase in R&D to refine tissue engineering is estimated at Auspicious for the market

Tissue engineering is crucial in the creation of biocompatible implants for the restoration of non-functioning or damaged tissue. As a result, industry players in the global biocompatible 3D printing materials market are engaged in research and development activities in order to make adjustments to tissue engineering using biocompatible materials. These research and development efforts help to assess the driving factors of the living cell market to produce implants that allow the growth of normal tissue during the process of artificial construction.

As a result, stakeholders can use additive manufacturing to introduce sophisticated bioactive and biocompatible constructs, which can function as a bridge between engineering and biology. Additive manufacturing takes advantage of the unique characteristics of materials, including osteoinductivity and osteoconductivity, which facilitate implant integration and tissue regeneration with surrounding tissue.

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Biocompatible 3D printing materials market: growth drivers

  • In the medical industry, technical developments and rapid innovations have resulted in a multitude of revolutionary products. The majority of market players in the medical and health sectors spend significant sums on research and development. As a result, new technologies and new materials are developed. During the forecast period, this is expected to drive the demand for biocompatible 3D printing materials.
  • Biocompatible materials are used in 3D printing for a variety of purposes, such as prosthetics, tissue engineering scaffolds, hearing aids, drug delivery, dental and orthopedic implants, and among other medical uses.

Biocompatible 3D Printing Materials Market: Main Competitors

  • Apium Additive Technologies GmbH
  • Evonik Industries SA
  • Concept Laser GmbH
  • Aspect Biosystems Ltd.
  • Solution Bioink, Inc.
  • Elix Polymers SLU

Biocompatible 3D printing materials market: segmentation

Product

Form

Application

  • Implant and prosthesis
  • Prototyping and surgical guides
  • Fabric creation
  • Hearing aids

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