3D printing healthcare Market Business Scenario Analysis By Global Industry Trend, Share, Growth Rate.
Ease in the development of customized implants is one of the significant factors influencing the market growth.
VANCOUVER, BC, CANADA, October 11, 2021 /EINPresswire.com/ -- 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. The report provides detailed insights into 3D Printing Healthcare market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver.
Global 3D Printing Healthcare market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the 3D Printing Healthcare market.
The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. It also provides analysis of various factors expected to restrain or limit potential growth in 3D Printing Healthcare market size over the forecast period, 2020–2028. The report includes profiles of major players in the 3D Printing Healthcare market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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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.
Top key vendors in 3D Printing Healthcare Market include are:
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.
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.
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.
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.
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Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the 3D Printing Healthcare market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive 3D Printing Healthcare market revenue growth to a significant extent over the forecast period.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
Emergen Research has segmented the global 3D printing healthcare market on the basis of component, technology, application, end-users:
Application Outlook (Revenue, USD Billion; 2017-2027)
Surgical Devices
External Wearable Devices
Implants
Tissue Engineering
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
End-Users Outlook (Revenue, USD Billion; 2017-2027)
Hospitals & Clinics
Pharmaceutical Companies
Research Institutes
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Radical Features of the 3D Printing Healthcare Market Report:
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the 3D Printing Healthcare industry
The report encompasses 3D Printing Healthcare market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
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