Market Trends of 3D Bioprinted Human Tissue Industry
This section covers the major market trends shaping the 3D Bioprinted Human Tissue Market according to our research experts:
Drug Testing and Development Expected to Hold Significant Market Share
3D bioprinted human tissue has significant importance in drug testing. 3D bioprinted human tissue is highly important for drug testing and clinical trial applications. They are expected to drastically reduce the need for animal trials, thus being ethically beneficial and cost-effective. Traditionally, clinical trials for new drug development involved testing on animals with artificially-induced affected tissues. With the advent of 3D bioprinted human tissue, drug developers can address the complications associated with human clinical trials of new drugs by identifying them in a short period (since these can be tested with human-like 3D printed tissues), thus reducing the losses incurred during late-stage failures. For instance, according to an article published by the National Library of Medicine, in September 2021, 3D printing improves the existing drug screening platforms by accurately depositing biomaterials containing patient-derived cells and can reproduce the natural environment of the diseased human body.
Lack of safety and efficacy are the principal causes of the failure of the drugs, which become evident only in Phases II and III of clinical trials. The 3D bioprinted organs can identify the side effects of drugs and help medicine developers to streamline safe drug dosages to be administered to humans, as this technology allows for short drug discovery time. The regulatory agency of the US Food and Drug Administration is considering integrating alternatives for drug safety and efficacy assessment, providing scope for the market. For instance, in December 2021, FDA issues a discussion paper that provides background information on 3D printing and proposes potential point-of-care manufacturing scenarios for public comment. Such initiatives are expected to drive the growth of the market.
Thus, given the aforementioned factors, the drug testing segment is expected to propel significantly over the forecast period.
North America Expected to Dominate the 3D Bioprinted Human Tissue Market
Due to high technology adoption, the North American region is expected to dominate the 3D bioprinted human tissue market. A series of new product launches and innovations are expected to augment market growth further. Several 3D bioprinting solution providers worldwide are expanding their presence in the North American market for an enhanced market presence.
In July 2022, the United States Ohio State University, in collaboration with Nexxt Spine, LLC, initiated a clinical trial to evaluate and compare radiographic and clinical outcomes in patients who are to undergo combined interbody/posterolateral lumbar fusion procedures, supplemented with pedicle screw instrumentation, using the Nexxt Spine, Nexxt Matrixx 3D printed titanium cage or the Honour poly-ether-ether-ketone cage. Such collaborations are expected to drive the market.
Furthermore, increasing strategic initiatives are also contributing to the market's growth. For instance, in March 2022, 3D LifePrints launched point-of-care medical 3D printing services in the United States. The company received funding to support its growth in domestic and international regions. Additionally, in February 2022, Organovo Holdings, Inc. BICO announced an agreement on a broad license for BICO and its affiliate companies to Organovo's foundational patent portfolio in 3D bioprinting. Such strategic initiatives are expected to drive the growth of the market.
Thus, the abovementioned factors are expected to drive market growth in the North American region during the forecast period.
