3D printing or additive manufacturing has opened a new avenue in the personalized patient care. It is still a relatively emerging technology in the global healthcare industry. The market has seen vast potential in technologies that help surgeons and clinicians understand the complexity of the geometry of human organs and offer timely treatment. 3D printing is rising in clinical significance in printing organs that would be transplanted to the diseased populations, should other options be uncertain or exorbitantly costly. 3D-printed implantable organs will no longer be novelty but a necessity, paving way for lucrativeness of the healthcare 3D printing market. Another area where 3D printing is being utilized is printing of drugs and devices by pharmaceutical and medical companies, world over. The increasing trend of precision medicine and personalized treatments has fuelled the evolution of the healthcare 3D printing market.
3D printing technology has helped clinician advance their patient care. New additive manufacturing technologies have acted as key accelerators of patient-specific model. Particularly, healthcare 3D printing will expand the armamentarium for surgeons to substantially expand their knowledge of patient specific anatomy of crucial lungs such as heart and lungs. The growing availability and affordability of 3D printing techniques will help carve out new avenues in the market. Advances in raw materials used, notably in hydrogel, has also catalyzed prospects in the healthcare 3D printing market. Researchers over the past few years have aimed at changing the consistency of 3D printing materials to make them more biologically adaptable as well as functional. This has also helped them to commercialize the printing process. The increasing shift to patient-specific care will increase the use cases of healthcare 3D printing around the world. New 3D printing technologies will pave way to transforming patient-provider relationship in the not-so-distant future. The use of implantable custom devices is a case in point.
Global Healthcare 3D Printing Market: Overview
The global market for healthcare 3D printing has been rising on account of advancements in the field of medical research, testing, and analysis. 3D printing helps in developing archetypes and blueprints for objects and items, and this technique plays a key role in multiple industries. The use of 3D printing in the field of healthcare has overhauled the growth dynamics of the worldwide healthcare industry. 3D printing helps in development of organ simulations for testing, research, and analysis. Furthermore, the field of medical testing has also gained a strong impetus on account of advancements in the field of healthcare 3D printing. Considering these dynamics, it is safe to ascertain that the global healthcare 3D printing market would grow at a sound pace in the times to follow. The healthcare industry has emerged as the central element in determining the growth dynamics of a regional territory. This is another key driver of demand within the global market for healthcare 3D printing. Improved technologies for 3D printing shall persuade the healthcare fraternity to resort to its usage in the years to come.
The global healthcare 3D printing can be segmented on the basis of the following parameters: North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. The growth of the global healthcare 3D printing can be gauged with the help of the aforementioned segments.
A report added by Transparency Market Research (TMR) on the global healthcare 3D printing market is a holistic description of the forces of demand and supply. The report sheds light on the influence of various external forces on the global healthcare 3D printing market. Moreover, the regional segments within the global healthcare 3D printing market have also been enunciated therein. A list of the leading companies in the global healthcare 3D printing is also a part of the report.
Global Healthcare 3D Printing Market: Trends and Opportunities
The presence of a stellar healthcare sector that focuses on development of models and archetypes for analysis and research has aided market growth. 3D printing helps in training of medical professionals and doctors with the help of simulated models of body parts. This factor has led to the increased usage of healthcare 3D printing across the world.3D printing also helps in performing knee and hip implants which is another key driver of demand within the global healthcare 3D printing market. There is little contention about the inflow of massive revenues in the global healthcare 3D printing market.
Global Healthcare 3D Printing Market: Market Potential
The global healthcare 3D printing market has generated a plethora of opportunities for improved research and testing within medicine. This factor has had a direct impact on the growth of the global healthcare 3D printing market. Furthermore, the need to develop close archetypes of key body parts such as lungs, heart, and spine has also generated demand within the global healthcare 3D market.
Global Healthcare 3D Market: Regional Outlook
On the basis of geography, the global healthcare 3D printing market can be segmented into North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific. The market for healthcare 3D printing in North America is projected to grow on account of advancements in the field of medical research and testing.
Global Healthcare 3D Market: Competitive Landscape
Some of the key vendors in the global healthcare 3D printing market are Bio-Rad Laboratories, SOLS, Organovo, Simbionix, RegenHU Ltd., and Metamason.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.