Bioink Market Trends

Bioink Market Trends

• The continuous improvements in bioprinting technology, including enhanced printing resolution, increased speed, and the ability to print with multiple materials, are expanding the capabilities and applications of bioink. As bioprinting becomes more sophisticated and accessible, the demand for compatible bioinks grows that will boost the growth of the market during the forecast period. Moreover, the increase in the number of R&D activities for the manufacturing of more effective bioink and increase in application of bioink in tissue engineering and regenerative medicine are the factors that are expected to propel the market growth.
   
• For instance, in November 2021 CollPlant Biotechnologies, a regenerative and aesthetics medicine company announced the launch of Collink.3D, a recombinant human collagen (rhCollagen)- based BioInk solution for use in 3D bioprinting. The Collink.3D can be used in a variety of applications including drug discovery, drug screening, tissue testing as well as development and manufacturing of transplantable tissues, scaffolds, and organs, representing a potential multi-billion-dollar market opportunity, that boosts the growth of the market.