North America 3d Bioprinting Market Forecast 2023-2032
KEY FINDINGS
The North America 3D bioprinting market growth is anticipated to progress at a CAGR of 16.71% during the forecast period, 2023-2032. Due to the sedentary lifestyles, cardiovascular diseases have a high prevalence in the region. Also, North America houses the highest number of bioprinting manufacturers, including prominent bioprinting vendors like Advanced Solutions and Organovo.
MARKET INSIGHTS
The United States and Canada are assessed for the North America 3D bioprinting market growth analysis. In Canada, favorable government support and rising research & development initiatives contribute to market growth. For instance, the University of British Columbia (UBC) was the first university in Canada to install a 3D printer in a research setting, facilitated by investments from the Natural Sciences and Engineering Research Council of Canada (NSERC). In addition, in May 2021, researchers at the University of Alberta generated customized cartilage for restorative surgeries. This was done by deploying a specially designed hydrogel in combination with cells harvested from patients.
Furthermore, the University of Saskatchewan developed a 3D bioprinted heart patch that can be used to repair and regrow damaged heart tissue. Moreover, researchers at the University of British Columbia, Okanagan, developed a laser bioprinting method that can make live 3D-printed biotissues. Such developments boost the Canada 3D bioprinting market growth.
COMPETITIVE INSIGHTS
Some of the leading companies in the market are CollPlant Biotechnologies Ltd, Allevi, CELLINK, etc.
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