The global 3D Printing in Healthcare Market is estimated to be valued at US$1.87 billion in 2022 and is expected to exhibit a compound annual growth rate (CAGR) of % over the forecast period of 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The 3D Printing in Healthcare Market refers to the use of additive manufacturing techniques to produce customized medical devices, prosthetics, and implants, among other healthcare products. This technology offers several advantages, including enhanced patient care through personalized solutions, reduced healthcare costs, improved surgical planning, and the ability to create complex structures. The growing need for affordable and efficient healthcare products and services is driving the demand for 3D printing in the healthcare sector.
Market Key Trends:
Rapid technological advancements have led to the emergence of key trends in the 3D printing in healthcare market. One key trend is the increasing use of 3D printed patient-specific anatomical models for surgical planning and medical education. These models enable surgeons to visualize the patient's anatomy in a tangible and accurate manner, leading to improved surgical outcomes and reduced risks. Additionally, 3D printing is being utilized to create custom-made prosthetics and implants, allowing for better patient comfort and functionality.
The rising adoption of 3D printing in healthcare is driven by the need for personalized and cost-effective healthcare solutions. As the technology continues to advance, it is expected to revolutionize the healthcare industry by providing tailored medical devices and improving patient outcomes. The key market players in the 3D Printing in Healthcare Market include 3D Systems Corporation, Exone Company, Formlabs Inc., General Electric (GE Additive), Materialise NV, Organovo Holdings, Inc., Oxford Performance Materials Inc.,
Segment Analysis:
The 3D printing in healthcare market can be segmented based on technology, material type, application, and end-user. In terms of technology, the dominant segment is the stereolithography (SLA) technology. This is due to its ability to produce highly accurate and detailed prototypes, which is crucial in the healthcare industry. SLA technology is widely used in dental applications, such as creating dental molds and aligners, as well as in the production of surgical guides and anatomical models. The increasing demand for personalized healthcare products and the growing adoption of 3D printing in surgical planning are driving the growth of the SLA technology segment in the healthcare market.
Key Takeaways:
The global 3D Printing In Healthcare Market Forecast is expected to witness high growth, exhibiting a CAGR of 19.0% over the forecast period. This growth is primarily driven by the increasing adoption of 3D printing technology in the healthcare industry. The ability of 3D printing to produce complex anatomical models, personalized prosthetics, and customized medical devices is revolutionizing the healthcare sector.
In terms of regional analysis, North America is expected to be the fastest-growing and dominating region in the 3D printing in healthcare market. This can be attributed to the presence of major players in the region, increasing investment in research and development activities, and favorable government initiatives. The rising prevalence of chronic diseases, coupled with the need for personalized healthcare solutions, is further propelling the market growth in this region.
Key players operating in the 3D printing in healthcare market include 3D Systems Corporation, Exone Company, Formlabs Inc., General Electric (GE Additive), Materialise NV, Organovo Holdings, Inc., Oxford Performance Materials Inc., Proto Labs, Inc., Stratasys Ltd., and SLM Solutions Group AG. These players are focusing on strategic collaborations, product innovations, and mergers and acquisitions to strengthen their market position and gain a competitive edge. The continuous technological advancements in 3D printing and the increasing demand for personalized healthcare products are expected to create lucrative opportunities for these key players in the coming years.
According to the new market research report by IndustryARC titled “3D Printing in Healthcare Market: By Technology (LBM, EBM, stereolithography, Others); By Material (Donor Cells, Plastics, Metals, Ceramics, Others); By Application (Implants, Tissue Engineering, Others); By Geography - (2018-2023)”, the market is driven by the rising demand and possible subsidies from governments as part of research grants.Americas held the largest market share in the 3D Healthcare Market:The American region holds the largest market share in 3D printing Healthcare Market and is anticipated to reach $1.12 billion by 2023 at a CAGR of 15.9%.
This is mainly due to increased adoption of 3D printing technologies and increased investments.
However, Asia Pacific projects major growth and is anticipated to reach $423.06 million by 2023 at a CAGR of 23.5%.To access the full report browse the link below:https://industryarc.com/Report/1268/3D-printing-in-healthcare-market-analysis.htmlSelected Value Chain Analysis done in the full report:3DP MaterialsThe typical steps contributing to the total value of 3D Printing Market, as far as Healthcare is concerned, are categorized into the following: Inbound Logistics, Manufacturing, Outbound Logistics and Marketing & Sales.
Inbound Logistics involves sourcing of raw materials, that is, plastics, metals, biological cells, ceramics and others from local suppliers.3D PrintersThe main steps involved in the value chain of 3D printers in the industry are categorized as following: procurement of raw materials, printer manufacturing, supplier and distributor and end user.Excerpts on Market Growth FactorsIn Healthcare, 3D Printing Market is mainly driven by the developments of 3D technology in the healthcare sector and increasing investments in R from new entrants and innovation besides other factors such as growing population and health disorders across the regions.3D printing biomaterials is expected to reach $1.3 billion by 2023 at a CAGR of 19.10%.Key players of the analysis Report:The key players related to 3D printing in healthcare in this region include 3D Systems, Inc; Stratasys Ltd; Nano3D Biosciences, Inc; Corbel 3D and many more.Related Reports:A.
Dental Implants and Prosthetics Markethttps://industryarc.com/Report/10635/dental-implants-prosthetics-market.htmlB.
Medical Ceramics Markethttps://industryarc.com/Report/15159/medical-ceramics-market.htmlWhat can you expect from the report?The 3D printing Industry Report is Prepared with the Main Agenda to Cover the following 20 points:1.Market Size by Product Categories2.New trends3.Manufacturer Landscape4.Distributor Landscape5.Pricing Analysis6.Top 10 End user AnalysisAnd moreAny other major customizations can be discussed with our team, we can provide a separate quote based on your requirement.
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The report contains 150 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.
It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.
The major manufacturers covered in this reportBio-Rad LaboratoriesEnvisionTECMaterialise NVStratasys Inc.OrganovoSOLSSimbionixMetamasonRegenHU Ltd.YoubionicBio3D Technologies Pte Ltd3D Matters Pte Ltd.3D Systems Corporation (3DS)Ekso BionicsRoche PharmaceuticalsRenishaw plc.Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America (United States, Canada and Mexico)Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)Asia Pacific (China, Japan, India, Southeast Asia and Australia)Latin America (Brazil, Argentina and Colombia)Middle East and Africa On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into ExtrusionPhoto-polymerizationLaser Beam MeltingOthers By Application, the market can be split into Medical DevicesBio-printingOthers The Report covers in-depth analysis as follows: Chapter 1 Overview of 3D Printing in HealthcareChapter 2 Global Market Status and Forecast by RegionsChapter 3 Global Market Status and Forecast by TypesChapter 4 Global Market Status and Forecast by Downstream IndustryChapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 10 Market Driving Factor Analysis of 3D Printing in HealthcareChapter 11 3D Printing in Healthcare Market Competition Status by Major ManufacturersChapter 12 3D Printing in Healthcare Major Manufacturers Introduction and Market DataChapter 13 Upstream and Downstream Market Analysis of 3D Printing in HealthcareChapter 14 Cost and Gross Margin Analysis of 3D Printing in HealthcareChapter 15 Report ConclusionChapter 16 Research Methodology and Reference Buy this report@ https://www.upmarketresearch.com/buy/3d-printing-in-healthcare-market “Global 3D Printing in Healthcare Market Industry Analysis and Forecast 2018-2025” report helps the clients to take business decisions and to understand strategies of major players in the industry.
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