Bioink Market: Industry Forecast (2021-2029) by Component, Material, Source, Application Area, and Region

The Bioink Market size was valued at USD XX Bn. in 2021 and the total revenue is expected to grow by XX from 2022 to 2029, reaching nearly USD XX Bn. The demand for the tissue regeneration and organ replacement is increasing steadily. The advancements in regenerative medicine and tissue engineering have made it possible to regenerate such damaged tissues into functional organs or tissue with the help of 3D Bioprinting. The main component of the 3D Bioprint is the Bioink, which is used for the development of the tissues or organ structure. This Bioink is used in 3D printing technology and have several properties, thus it plays a crucial role during the selection of the suitable Bioink. Several combinations of methods and enhancements in properties are required to develop more successful Boink’s for the 3D printing of organ or tissue structure. Companies are developing Bioink product line that are ideal for 3D Bioprinting of tissues and organs. The Bioink product line provides an ideal building block for the three-dimensional bioprinting of tissues and organs. For instance, CollPlant’s Bioink formulation includes proteins and polymers as well. This Bioink is being developed to be compatible with the numerous 3D Bioprinting technologies and with printed organ characteristics. The primary competitors for the Bioink a are the bi0-material inks for 3D biological printing, based on tissue-derived collagens. Manufacturers of (formerly Celink), Allevi and Humabiologics. CollPlant company’s annual market size for their Bioink products were exceeded to $6.5 billion in 2021 and is estimated to reach approximately $11.5 billion in the year 2026.

Scope of the Report:

The report provides a comprehensive analysis of the global Bioink Market. The report estimates the Bioink Market, in terms of USD value from 2021 to 2029. In order to identify potential investment pockets, the report gives an analytical representation of the Bioink industry together with current trends and future forecasts. The report includes a thorough analysis of the market share for Bioink as well as data on important drivers, restraints, and opportunities. A quantitative analysis of the existing market is done from 2021 to 2029 to show the potential for market growth across the globe. In addition, Porter's five forces study demonstrates the market power of both buyers and providers. The research offers a thorough analysis of the worldwide Bioink market based on the level of competition and how it will develop over the forecast period. Bioink MarketTo know about the Research Methodology :- Request Free Sample Report

Bioink Market Dynamics:

In the last decade, regenerative medicine and tissue engineering have grown at an unprecedented rate, propelling the field of artificial tissue models toward a revolution in future medicine. Innovative biomanufacturing strategies have been developed to pattern and assemble cells and extracellular matrix, or ECM, in three dimensions to create functional tissue constructs. Bioprinting has emerged as a promising 3D biomanufacturing technology, allowing precise control over cell and ECM distribution. This novel approach is increasingly being used in biomedicine and has the potential to create artificial intelligence. Thus, the rapid use of 3D bioprinting has driven the market of the Bioink products. The demand for tissues and organs for transplantation, as well as technological innovations and advancements in 3D bioprinting, are driving the global Bioink market's growth. Various companies, as well as academic institutes and laboratories, are investing in Bioink research and development. Other factors driving global Bioink market growth include increased research and development activities and increased compliance for 3D bioprinting in drug discovery processes. Growing stem cell research and adoption of 3D Bioprinting in the cosmetic industry are expected to create the ample growth opportunity of the Bioink products in the market. Advances in 3D printing have been linked to intellectual property theft and are expected to pose significant challenges in the future. Furthermore, Bioink materials must go through the approval filing process in specific countries in order to receive FDA approval. The rising failure rate of FDA filings for such Bioink materials limits the market growth. Furthermore, the biocompatibility of 3D bioprinting materials is a major concern in tissue engineering and organ transplantation, where Boink’s allergic reactions and life-threatening situation arises. Several companies bioprinters are built for versatility and are capable of bioprinting with a wide array of the Boink’s. In addition to the pre-optimized biomaterials, several users also use their own custom Boink’s with their bioprinters. Recent advances in 3D bioprinting technology have welcomed the development of the new Bioink and made it possible by the global researchers to investigate new formulations of Bioink for 3 Bioprinting. For Instance, Yu a group of researchers based in Taiwan, recently published a paper presenting a potential new photocrosslinkable Bioink which were based on keratin and chitosan that supported stem cells and spheroid loading and culture, paving ways for cell-laden bio fabricated hydrogels development thus creating tremendous growth opportunity for the new entrants in Bioink Market. Companies are focused on expanding the Bioink range and have launched several new tissues-specific Bioink during the last few years, to meet the demand from the growing customer base. Companies have begun with several new research collaborations. For example, the EU-funded Silk Fusion project.

Bioink Market Segment Analysis:

By Material, in 2021, the collagen segment accounted for 19.5 % of the Bioink market. Collagen Bioink are made up of a collagen hydrogel called collagen I, which is a major structural component of the skin, bone, tendon, and other connective tissues. Collagen has a high degree of compatibility and forms a fibrous network in the human body. As a result of its advanced properties, it is widely used and is expected to present market participants with promising growth prospects. The development of Bioink containing fibrin has opened up the new areas in the wound healing market. These Bioink imitate the wound healing environment in-vivo. These Bioink plays an excellent basis for regeneration of many tissues and are compatible with many cell types. Moreover, several companies have also developed more Tissue-Specific Bioink which are specially developed for the production of the skin tissue models. By Component, the main trends for the Bioink components are cell types, hydrogels and additives. With a focus on strategies concerning 3D reconstruction of the bone tissue, hydrogel based Bioink are widely used. The main reason for their acceptance is their biodegradability and biocompatibility and the presence of the cell-binding sites for the cell attachments, growth. By Source, Natural Polymer (collagen, agarose, gelatine, alginic acid, chitosan) segment is dominating the Bioink market. These natural Bioink possess unique properties such as biocompatibility. Nontoxicity making them well adapted for several tissue engineering application. Synthetic Polymer are predicted to dominate the Bioink market in the forecasted period. these polymers have turned to comply with the tissue specific degradation and has mechanical property of the target tissues and organs. They represent only 10% of the Bioink used in bioprinting due to a number limitation that hinder their translational application. But, due to continuous research and development this segment is expected grow in the forecasted period. Bioink MarketBy Application, with a 36.8% market share in 2021, the medical application category led the 3D bioprinting market overall. Due to the continuous demand of the 3DBioprinting machines the market for Bioink is expected to grow in the forecasted period. The need for tissue and organ creation is growing as the COVID-19 disease is becoming more common. The tissue and organ generation segment is anticipated to experience exponential growth over the course of the projected period as a result. Several Bioink market participants are working to create variety of products in order to meet the demand over the forecasted period.

Bioink MarketBioink Market Regional Insights:

North America dominated the Bioink market in the year 2021. One of the main factors expected to fuel the growth of the Bioink market in North America is the wide acceptance of 3D Bioprinters Companies are working intensely on widening the offer of tissue specific Bioink where there are many benefits for the customers and a high margin. Asia Pacific region has dominated the 3D bioprinting market with a revue share of 23.7% in 2021, the region is anticipated to maintain its leadership throughout the forecast period. As the installed base of 3D Bioprinters increases, the consumption of Bioink also increases. Due to the increased number of COVID-19 cases and increased government R&D spending, Japan and China accounted for the greatest revenue share of the consumption of the Bioink products which were a integral part in 3D Bioprinting usage.

Net Sales of the Bioink Distributed by Geographical areaBioink MarketCompetitive Landscape:

In October 2021, company announced rhCollagen Bioink which was successfully used by the researchers from Israel’s Technion Institute of Technology to create a 3D Bioprinter implantable tissue that contains a network of blood vessels capable of supplying blood to the implanted tissue. CELLINK -based Bioink have invested SEK 18,469 thousand in intangible assets during the fiscal year 2021, distributed on the development of the Bioink and Bioprinters. The company promises to have hundreds of research laboratories around the world that can have access to the launching of the Bioink products for the Bioprinting technologies.

Bioink Market Scope: Inquire before buying

Global Bioink Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ xx Bn.
Forecast Period 2022 to 2029 CAGR: xx% Market Size in 2029: US $ xx Bn.
Segments Covered: by Component • Cell types • Hydrogels • Additives
by Source • Natural • Synthetic
by Application Area • Medical • Tissue and organ generation • Medical pills • Prosthetics and implants • Others • Dental • Biosensors • Consumer/Personal Product Testing
by Material • Agarose • Alginate • Chitosan • Collagen • Fibrinogen • Gelatin • Hyaluronic Acid • Graphene • Hydroxyapatite • Cell- and tissue-derived ECM • Poly (Ethylene Glycol) Diacrylate (PEGDA) • Others

Bioink Market Key Players

• Advance Biomatrix • CollPlant • Jellagen • Rousselot • Humabiologics • 4D Biomaterials • UPM Biomedicals • Innoregen • Axolotl Biosciences • Akira Science • CELLINK • Merck kGaA FAQs: 1. What are the driving factors of Bioink Market? Ans. The demand for tissues and organs transplantation as well as technological innovations and advancements in 3D bioprinting, are driving the global Bioink Market. 2. What is the growth rate of Bioink Market? Ans. The Bioink Market is growing at a CAGR of xx% over forecast period. 3. What is the market size of the Bioink Market by 2029? Ans. The market size of the Information Technology Market by 2029 is expected to reach at USD xx Bn. 4. Who are the leading companies in the Bioink Market? Ans. Advance Biomatrix, CollPlant, Jellagen, Rousselot, Humabiologics, 4D Biomaterials, UPM Biomedicals, Innoregen, Axolotl Biosciences, Akira Science, CELLINK, Merck kGaA. 5. Which are the leading market share countries in the Bioink Market? Ans. Several companies have their production range worldwide, North America has the highest market share followed by Europe and Asia. As the Installed base of 3D Bioprinters increases, the consumption of Bioink has also increased the Company’s margin.
1. Global Bioink Market: Research Methodology 2. Global Bioink Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Bioink Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Bioink Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Bioink Market Segmentation 4.1 Global Bioink Market, by Type (2021-2029) • Cell types • Hydrogels • Additives 4.2 Global Bioink Market, by Source (2021-2029) • Natural • Synthetic 4.3 Global Bioink Market, by Application Area (2021-2029) • Medical • Tissue and organ generation • Medical pills • Prosthetics and implants • Others • Dental • Biosensors • Consumer/Personal Product Testing 4.4 Global Bioink Market, by Material (2021-2029) • Agarose • Alginate • Chitosan • Collagen • Fibrinogen • Gelatin • Hyaluronic Acid • Graphene • Hydroxyapatite • Cell- and tissue-derived ECM • Poly (Ethylene Glycol) Diacrylate (PEGDA) • Others 5. North America Bioink Market (2021-2029) 5.1 North America Bioink Market, by Type (2021-2029) • Cell types • Hydrogels • Additives 5.2 North America Bioink Market, by Source (2021-2029) • Natural • Synthetic 5.3 North America Bioink Market, by Application Area (2021-2029) • Medical • Tissue and organ generation • Medical pills • Prosthetics and implants • Others • Dental • Biosensors • Consumer/Personal Product Testing 5.4 Global Bioink Market, by Material (2021-2029) • Agarose • Alginate • Chitosan • Collagen • Fibrinogen • Gelatin • Hyaluronic Acid • Graphene • Hydroxyapatite • Cell- and tissue-derived ECM • Poly (Ethylene Glycol) Diacrylate (PEGDA) • Others 5.5 North America Bioink Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Bioink Market (2021-2029) 6.1. Europe Bioink Market, by Type (2021-2029) 6.2. Europe Bioink Market, by Source (2021-2029) 6.3. Europe Bioink Market, by Application Area (2021-2029) 6.4 Global Bioink Market, by Material (2021-2029) 6.5. Europe Bioink Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Bioink Market (2021-2029) 7.1. Asia Pacific Bioink Market, by Type (2021-2029) 7.2. Asia Pacific Bioink Market, by Source (2021-2029) 7.3. Asia Pacific Bioink Market, by Application Area (2021-2029) 7.4. Global Bioink Market, by Material (2021-2029) 7.5. Asia Pacific Bioink Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Bioink Market (2021-2029) 8.1 Middle East and Africa Bioink Market, by Type (2021-2029) 8.2. Middle East and Africa Bioink Market, by Source (2021-2029) 8.3. Middle East and Africa Bioink Market, by Application Area (2021-2029) 8.4. Global Bioink Market, by Material (2021-2029) 8.5. Middle East and Africa Bioink Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Bioink Market (2021-2029) 9.1. South America Bioink Market, by Type (2021-2029) 9.2. South America Bioink Market, by Source (2021-2029) 9.3. South America Bioink Market, by Application Area (2021-2029) 9.4. Global Bioink Market, by Material (2021-2029) 9.5. South America Bioink Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 CollPlant 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Advance Biomatrix 10.3 CollPlant 10.4 Jellagen 10.5 Rousselot 10.6 Humabiologics 10.7 4D Biomaterials 10.8 UPM Biomedicals 10.9 Innoregen 10.10 Axolotl Biosciences 10.11 Akira Science 10.12 CELLINK 10.13 Merck kGaA

About This Report

Report ID 163173
Category Healthcare
Published Date Oct 2022
Updated Date
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