The
demand for prosthetic devices is extraordinarily high owing to rising chronic
illnesses such as diabetes and road accidents which are resulting in
amputations. Owing to these amputations requiring prosthetic body parts, 3D printing in the healthcare market will attain impressive growth in the upcoming few years according to a
business intelligence report published by IndustryARC. As
per the findings of the report, the global 3D printing in the healthcare market
will earn a market revenue evaluated at $1,372.76m. This market has been
evaluated to attain extraordinary growth with a compound annual growth rate
(CAGR) of 19.1% during the forecast period 2019-2025. Food and Drug
Association’s recent approval to boost medical 3D printing will further assist
in the growth of the 3D printing market.
The report by
IndustryARC is titled: ‘3D Printing in Healthcare Market: By Technology (Laser
Beam Melting (LBM), Electron Beam Melting (EBM), Photo Polymerization, Droplet
Deposition, Laminated Object Manufacturing, Wax Deposition Modeling, Bio Printing),
By Type (Selective Laser Sintering (SLS), Thermal Inkjet Printing (TIJ), Fused
Deposition Modeling (FDM), Stereo Lithography (SLA), Binder Jetting (BJ),
Material Jetting), By Material (Donor Cells, Plastics, Photopolymers, Metals,
Ceramics, Bone Cement, Polylactic Acid (PLA), Others), By Application
(Prosthetics, Surgical Implants, Hearing Aids, Dental Implants, Tissue
Engineering, Drug Screening, Surgical Guides, Medical Components, Others), By
Geography (North America, Europe, Asia Pacific, South America, Middle East
& Africa) - Forecast (2018-2023).’ It analyses the growth of 3D printing in
healthcare sectors through several parameters including market forces, challenges,
and opportunities lying ahead.
3D Printing In Healthcare Market:
Regional Analysis
With some of the most
reputed medical institutes existing in the continents of North America and
South America including Johns Hopkins University, Harvard University, Mayo
Clinic School of Medicine and others, 3D printing market has attained maximum
demand share in this region in the year 2018 at $526.8m. One of the areas where
this market has acquired maximum prominence is dental healthcare since tooth
enamel is now majorly replaced by dental prosthetics obtained from 3D printing.
3D Printing In Healthcare Market:
Disruptive Trends
Several disruptive
trends have occurred in the 3D printing market owing to recent developments and
rising demand of prosthetics.
· Researchers
at the University of Michigan recently worked on a comprehensive solution for
Tracheobronchomalacia in which a 3D printed splint was implanted in a kid due
to which he was able to breathe normally for the first time.
· Inexpensive
and customizable prosthetic hands were developed and sold for the first time,
thanks to relentless efforts made by the researchers at the University of
Toronto in association with Autodesk research.
· A
research led by Professor Sushmita Bose of Washington State University ended up
in fusing chemicals into ceramic powder using a 3D printer in order to promote
growth of a bone in any shape. This research was a game changer for this market
as it will influence the market growth in the upcoming years.
3D Printing In Healthcare Market:
Competitive Landscape
Several companies have
recognized the potential of 3D printing in the healthcare sector and have
invested time and resources in order to expand its market and make the most out
of it. Some of these companies are Javelin Technologies Inc., Medical Modeling
Inc., Nano3D Biosciences Inc., Tissue Regeneration Systems Inc., Xilloc
Medical, 3D Biotek LLC, 3T RPD Ltd, Alphaform AG, Organovo Holdings Inc.,
Beltone A/S, Gyrobot Limited, Stryker Corporation, 3D Systems, Stratasys Ltd.,
Arcam AB, Envisiontec GmbH, EOS GmbH, Materialise N.V., Oxford Performance
Materials, Tethon 3D, Exone GmbH, Voxeljet AG, Formlabs, Hoganas AB, and
Shapeways.
Talk to one of our
sales representative about the full report by providing your details in the
link below:
https://www.industryarc.com/support.php?id=1268
Related Reports:
A. 3D
Printing Materials Market in India
https://www.industryarc.com/Report/186/3d-printing-materials-market.html
What
can you expect from the report?
The 3D printing materials market
report is
prepared with the main agenda to cover the following 20 points:
1.
Market Size by Product Categories & Applications
11. Demand Analysis (Revenue
& Volume)
2.
Market trends & Relevant Market
Data
12. Country level
Analysis
3.
Manufacturer
Landscape
13. Competitor
Analysis
4.
Distributor Landscape
14. Market
Shares Analysis
5.
Pricing Analysis
15. Value
Chain Analysis
6.
Top 10 End user Analysis
16. Supply
Chain Analysis
7.
Product Benchmarking
17. Strategic
Analysis
8.
Product Developments
18. Current
& Future Market Landscape
Analysis
9.
Mergers & Acquisition Analysis
19.
Opportunity Analysis
10.
Patent Analysis
20.
Revenue and Volume Analysis
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Asked Questions:
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customization?
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reports and annual subscription databases. We can provide the following free
customization:
1.
Increase the level of data in application or end user industry.
2.
Increase the number of countries in geography chapter.
3.
Find out market shares for other smaller companies or companies which are of
interest to you.
4.
Company profiles can be requested based on your interest.
5.
Patent analysis, pricing, product analysis, product benchmarking, value and
supply chain analysis can be requested for a country or end use segment.
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other custom requirements can be discussed with our team, drop an e-mail
to [email protected]
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.