3D Bioprinting of Living Human Tissues Market is growing
15 April 2021: 3D Bioprinting of Living Human Tissues report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints and opportunities. This innovative report makes use of several analyses to get a closer outlook on the 3D Bioprinting of Living Human Tissues/Organs market. The 3D Bioprinting of Living Human Tissues report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
Furthermore, this statistical market research repository examines and estimates the 3D Bioprinting of Living Human Tissues at the global and regional levels. The Global 3D Bioprinting of Living Human Tissues is expected to grow at a CAGR of 20.7% from 2021-2027 to reach US$ 2,846.3 million by 2027.
The surging demand for organ transplantation across regions owing to the rising prevalence of a disease that results in the need for organ transplants is contributing to the growth of the 3D bioprinting of the living human tissue market. As per the Council of Europe, “Demand for organ transplantation is increasing all over the world, but there are not enough organs available to meet the need. This shortage of organs is now the limiting factor in treating many patients with chronic organ failure and has led to high numbers of patients on waiting lists”.
In 2020, more than 150,000 patients were registered on organ waiting lists in Europe and on average every year, 41,000 patients receive a transplant and 48,000 new patients are registered on waiting lists. That is nearly six new patients added to a transplant waiting list every hour. Also, 18 patients die every day waiting for a transplant in Europe. Also, as per American Transplant Foundation, Almost 114,000 people in the United States are currently on the waiting list for a lifesaving organ transplant. And Another name is added to the national transplant waiting list every 10 minutes.