3D Printing in Healthcare Market

3D Printing in Healthcare Market to be Driven by the Rising Investments in the Medical Sector

The new report by Expert Market Research titled, ‘Global 3D Printing in Healthcare Market Report and Forecast 2022-2027’, gives an in-depth analysis of global 3D printing in healthcare market assessing the market based on its segments like technology, material, type, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2021-2027)

• Historical Market Size (2021): USD 1120.5 million
• Forecast CAGR (2022-2027): 20.15%
• Forecast Market Size (2027): USD 3370.9 Million

Report Attribute Details
Historical Period 2017-2021
Forecast Period 2022-2027
Base Year 2021
Market Size in 2021 USD 1120.5 million
Revenue Forecast in 2027 USD 3370.9 Million
Growth Rate CAGR 20.15%
Major Players 3D Systems, Inc., The ExOne Company, Form labs Inc., General Electric Company, Materialize NV, among others.

According to technology, the electron beam melting segment is expected to account for a sizable market share in the 3D printing in healthcare sector. The use of electron beam melting technology to create customized orthopedic implants has risen, which is responsible for this rise.

For instance, to fulfil the expanding implant demand in China, AK Medical, a major provider of orthopedic implants, deployed a troop of eight GE Additive Arcam EBM additive manufacturing machines to the country.

3D Printing in Healthcare Industry Definition and Major Segments

An emerging technology that is employed in many different industries is 3D printing. It is a form of additive manufacturing that uses computer-aided design (CAD) drawing technologies and magnetic resonance imaging (MRI) to create three-dimensional items from digital prototypes.

In the healthcare industry, 3D printing is used to digitally fabricate on-demand, low-cost medical devices, such as the production of functional human tissues and cells for use in regenerative procedures. Additionally, orthopaedic implants can also be produced via 3D printing.

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By technology, the market is divided into:

• Electron Beam Melting
• Photopolymerisation
• Droplet Deposition
• Laminated Object Manufacturing
• Others

On the basis of material, the industry can be segmented into:

• Plastic
• Ceramic
• Metal
• Others

Based on type, the market can be categorised into:

• Prosthetics
• Implant
• Hearing Aid
• Surgical Guides
• Others

Based on region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and
• Africa

3D Printing in Healthcare Market Trends

The electron beam melting technology which is predicted to contribute to a major share of the 3D printing in healthcare industry, also contributes to increased productivity and cost-effective production. These elements are anticipated to support market expansion during the anticipated period.

According to estimates, North America will account for a sizeable portion of the 3D printing market for healthcare during the forecast period. The expansion of investments in the local healthcare sector is responsible for this rise.

Additionally, the geriatric population is expanding quickly, and chronic disease occurrences are rising, which are important factors in the industry’s expansion. Additionally, it is anticipated that the rising adoption of digital solutions across industry verticals will support market expansion.

Key Market Players

The major players in the market are:

  • 3D Systems, Inc.,
  • The ExOne Company,
  • Form labs Inc.,
  • General Electric Company,
  • Materialize NV, among
  • others

The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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