South Africa 3d Bioprinting Market Size & Outlook
South Africa 3d bioprinting market, 2018-2030 (US$M)
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South Africa 3d bioprinting market highlights
- The South Africa 3d bioprinting market generated a revenue of USD 19.2 million in 2023 and is expected to reach USD 52.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 15.4% from 2024 to 2030.
- In terms of segment, medical was the largest revenue generating application in 2023.
- Dental is the most lucrative application segment registering the fastest growth during the forecast period.
3d bioprinting market data book summary
| Market revenue in 2023 | USD 19.2 million |
| Market revenue in 2030 | USD 52.3 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | Medical |
| Fastest growing segment | Dental |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dental, Medical, Biosensors, Consumer/Personal Product Testing, Bioinks, Food and Animal Product |
| Key market players worldwide | EnvisionTEC, Organovo Holdings Inc, 3D Systems Corp, Inventia Life, Poietis, Vivax Bio, Cyfuse Biomedical, Cellink, Regemat 3D |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.8% of the global 3d bioprinting market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia 3d bioprinting market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 72.4 million by 2030.
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3D Bioprinting Market Scope
3D Bioprinting Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 3d bioprinting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3d bioprinting market will help companies and investors design strategic landscapes.
Medical was the largest segment with a revenue share of 38.54% in 2023. Horizon Databook has segmented the South Africa 3d bioprinting market based on dental, medical, biosensors, consumer/personal product testing, bioinks, food and animal product covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa's 3D bioprinting market is experiencing a significant surge, driven by growing awareness regarding the potential of 3D bioprinting technology in the medical and healthcare sectors. Moreover, South Africa's healthcare infrastructure is adopting this cutting-edge technology at a rapid pace.
Hospitals and research institutions are increasingly adopting 3D bioprinting techniques to enhance patient care and treatment outcomes. This has amplified the demand for 3D bioprinters and related products. For instance, in January 2020, MedTech3D and Axial3D joined forces to introduce cost-effective expert medical segmentation and 3D printing solutions for healthcare professionals in regional hospitals.
Through this new partnership, Axial3D & MedTech3D intend to introduce cutting-edge medical imaging technology to the South African healthcare sector, ensuring that surgeons can access top-notch 3D-printed models at an affordable price for their preoperative planning needs.
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Target buyers of South Africa 3d bioprinting market databook
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Our clientele includes a mix of 3d bioprinting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa 3d bioprinting market , including forecasts for subscribers. This country databook contains high-level insights into South Africa 3d bioprinting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa 3d bioprinting market size, by application, 2018-2030 (US$M)
South Africa 3D Bioprinting Market Outlook Share, 2023 & 2030 (US$M)
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