3D Printing in Healthcare Market Size 2023, Industry Growth, Trends & Forecast to 2028

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imarcsuraj
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IMARC Group, a leading market research company, has recently releases report titled “3D Printing in Healthcare Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global 3D Printing in Healthcare market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big Is The 3D Printing in Healthcare Market?

The global 3D printing in healthcare market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 15.1% during 2023-2028.

What are 3D Printing in Healthcare?

Three-dimensional (3D) printing in healthcare is used to make 3D objects employed in the healthcare sector. It utilizes a layer-by-layer addition technique to create physical objects from 3D digital data from a computer-aided design (CAD) or a magnetic resonance image (MRI). It assists in developing customized medical products and equipment, such as drill guides and prosthetics, and generates patient-specific replicas of blood vessels, bones, and organs. It also saves time, minimizes cost, ensures faster and more effective delivery of medical services, reduces operative risk and susceptibility to infections, provides quick recovery, and minimizes hospital stays. As a result, 3D printing is gaining traction in the healthcare sector across the globe.

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What Are The Growth Prospects And Trends In The 3D Printing in Healthcare Industry?

The market is primarily driven by the increasing demand for 3D printing in the healthcare sector. This can be attributed to the growing prevalence of chronic illnesses such as cancer and respiratory and cardiovascular disorders (CVDs) across the globe.

In addition, the widespread adoption of 3D printing in liver modeling and developing bone, medical implants, tissue, and the surging need for stem cell solutions, regenerative medicines, and cancer therapeutics are contributing to the market growth. Moreover, emerging technological advancements in 3D printing to enable customization and personalization of medical products, drugs, and equipment such as orthopedic implants, external prosthetics, and dental restorations represent another major growth-inducing factor. Besides this, the escalating demand for 3D printing medical devices, as it minimizes the duration of anesthesia exposure and surgeries, is providing a positive thrust to the market growth. Furthermore, the extensive investments by key players in research and development (R&D) activities to develop advanced 3D printers are creating a favorable market outlook..

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Material:

PolymerMetalsCeramicOrganic

Breakup by Technology:

Droplet DepositionFused Filament Fabrication (FFF) TechnologyLow-temperature Deposition Manufacturing (LDM)Multiphase Jet Solidification (MJS)PhotopolymerizationStereolithography (SLA)Continuous Liquid Interface Production (CLIP)Two-photon Polymerization (2PP)Laser Beam MeltingSelective Laser Sintering (SLS)Selective Laser Melting (SLM)Direct Metal Laser Sintering (DMLS)Electronic Beam Melting (EBM)Laminated Object ManufacturingOthers

Breakup by Application:

External Wearable DevicesHearing AidsProsthesis and OrthoticsDental ProductsClinical Study DevicesDrug TestingAnatomical ModelsImplantsSurgical GuidesCranio-maxillofacial ImplantsOrthopedic ImplantsTissue Engineering

Market Breakup by Region:

North America (United States, Canada)Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)Latin America (Brazil, Mexico, Others)Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including: 

3D Systems Inc.Desktop Metal Inc.EOS GmbH, FormlabsMaterialise NVOrganovo Holding Inc.Oxford Performance Materials Inc.Prodways TechProto Labs Inc.Renishaw plcSLM Solutions Group AGand Stratasys Ltd.

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