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How Will 3D Printing Organs Emerge To Be A Billion Dollar Industry In the Next 10 Years?

How Will 3D Printing Organs Emerge To Be A Billion Dollar Industry In the Next 10 Years?

3D printing technology is changing and will change pretty much everything. Beside printing the intermittent novelty project at home with a desktop printer, additive manufacturing or 3D printing technology is being used in a large group of businesses changing the manner in which we design, build, create, and even eat.

NASA is planning to use 3D printing technology to construct housing on Mars for future colonies while organizations like byFlow are using the emerging technology to create food and intricate edible tableware. The uses and applications appear to be both limitless and exciting, yet this is only the beginning. Things being what they are, what sort of changes can we expect to see in the medical industry?

Transforming the Medical Industry

While the most obvious application of 3D printing to the medical industry might be prosthetics, additive manufacturing is changing the facts of medicine in more ways than you may think. Like something out of a sci-fi film, scientists are now able to 3D print organs.

According to IDTechEx, 3D bioprinting has recently gained popularity with an equivalent measure of innovation happening both on the commercial side and in academic research; and this is only the beginning. Given the present market and based on current forecasts by IDTechEx, the global market for 3D bioprinting will arrive at an estimation of $1.9 billion by 2028.

As a major aspect of the MBC Biologic incubator, Prellis Biologics has taken reasonable strides toward 3D printing hearts, livers, kidneys and lungs. While the European Space Agency and the University Hospital of Dresden Technical University in Germany have already started delivering bioprinted skin and bone examples. There could come a time in the near future where significant wounds and organs are treated with bioprinted technology.

3D Bioprinting

Both scientists and companies have a great deal to pick up from 3D bioprinting. As indicated by IDTechEx, bioprinting can be used for the testing of beautifying agents and other consumer goods, drug screening, personalized medicine, education, and regenerative medicine.