FUNCTIONAL 3D PRINTED MARKET ANALYSIS
Key Developments
Major companies in the market are focused on raising funds to expand their product portfolio. For instance, in July 2019, U.S.-based biotechnology company, Prellis Biologics raised US$ 8.7 million to advance its holographic 3D bioprinting platform.
Major institutes are also focused on research and development activities related to 3D printing of tissues. For instance, in August, researchers from Laboratory of Applied Photonics Devices (LAPD), in EPFL\'s School of Engineering, in collaboration with Utrecht University, reported development of a technique called volumetric bioprinting to produce complex tissue forms in hydrogels, which are loaded with stem cells to generate growth of blood vessels in the resulting tissue mass.
Similarly, in April 2019, researchers from Indian Institute of Technology Hyderabad, India used discarded eel skins to fabricate 3D scaffolds for tissue engineering application.
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