The global 3D printing healthcare market is projected to be worth USD 4,070.8 Million by 2027, according to a current analysis by Emergen Research. The 3D printing healthcare market is observing high demand attributed to the reduced waste generation during the production of medical devices and implants. 3D printing in healthcare is considered a sustainable production method primarily owing to its ability to reduce waste generation and being energy-efficient significantly. 3D printing uses only the required amount of material to add layer by layer to produce printed structures ensuring wastage of material to a minimum. Customized 3D-printed anatomical models specific to patients are becoming progressively beneficial tools in offering personalized treatments and precision medicine.
The scope of the study extends to multiple areas but it primarily tracks the progress of the market in the period of 2016 to 2026 and accordingly forecast its future growth for the years 2019 to 2026. It reviews the developments recorded by established as well as growing companies of the industry to give analyze the impact of the companies on the rise of the market. It includes various factors that have aided the escalation of the market through the years and their probable impact on the same in the forecasted period. Overall, it provides robust information regarding the market share of the principle companies and regions to give a detailed understanding the market’s global standing and promises a clear inference of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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Key Highlights From The Report
In April 2020, Stratasys, Inc. entered into a collaborative agreement with Origin for the marketing and promotion of 3D-printed nasopharyngeal swabs by Origin to healthcare providers in the US to cater to the urgent need for COVID-19 testing.
Polyamide powder materials are likely to witness significant growth in the forecast period for medical devices' production, owing to its robustness, abrasion-resistant, and improved durability.
Metal & plastic filament held a significant market share in 2019. ABS filament is a commonly used plastic in 3D printing healthcare and is very durable. It finds widespread usage in rapid prototyping and 3D printing settings for testing the impact resistance and durability of the products.
The 3D printing healthcare market in North America contributed to the largest share in share in 2019 due to rapid advancements in 3D printing technology in healthcare, increased investments in R&D, and various strategic agreements between research institutes and biotechnology firms, and increased healthcare spending, among others.
Key participants include Stratasys Inc., 3D Matters Pte Ltd., Materialise NV, Organovo, Bio3D Technologies Pte Ltd., 3D Systems Corporation, Bio-Rad Laboratories, Simbionix, EnvisionTEC, and Metamason, among others.
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Component Outlook (Revenue, USD Billion; 2017-2027)
Hardware
Software
Services
Materials
Technology Outlook (Revenue, USD Billion; 2017-2027)
Laser Beam Melting
Photopolymerization
Droplet Deposition
Electron Beam Melting
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Surgical Devices
External Wearable Devices
Implants
Tissue Engineering
End-Users Outlook (Revenue, USD Billion; 2017-2027)
Hospitals & Clinics
Pharmaceutical Companies
Research Institutes
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology & Sources
1.1. 3D Printing Healthcare Market Definition
1.2. 3D Printing Healthcare Market Research Scope
1.3. 3D Printing Healthcare Market Methodology
1.4. 3D Printing Healthcare Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. 3D Printing Healthcare Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. 3D Printing Healthcare Market Segmentation & Impact Analysis
Continued…
