Title: Analysis of Healthcare 3D Printing Market applications and companies’ active in the industry
13D Printing in Healthcare Market to surpass 2.2
Bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Healthcare 3D Printing Market
- Inkjet based 3D printers will witness significant
growth over the forecast years. Increasing
application in tissue engineering and
regenerative medicines will boost the business
share. Moreover, improved digital accuracy,
control and adaptability of these devices will
propel industry demand over coming years. - Stereolithography (SLA) should witness lucrative
growth opportunities owing to its varied
application in medical technology. The ability
of SLA to build rapid prototypes, master patterns
and production parts will stimulate the industry
growth. Selective laser sintering will provide
rapid manufacturing in healthcare, medical
products and consumer good and offers additional
scope for innovation and patent filings. - Medical application is the major revenue
generating segment and estimated to witness over
20 CAGR owing to the 3D printing of organs like
liver and kidney, printing blood vessels heart
tissue, skin and cartilage bone.
3Continued...
- U.S. healthcare 3D printing market was valued
over USD 170 million in 2016 and is forecast to
grow significantly during the forecast period due
to the presence of major 3D printing industry
players and enormous success witnessed by medical
implants businesses. - UK healthcare 3D printing market will grow at
over 20 CAGR by 2024 owing to the increasing
awareness through conference and discussion on
effective solutions for the medical field.
Growing RD focus on advances in 3D printing
devices should further stimulate business growth. - Asia Pacific will experience significant growth
due to rapid growth in medical applications,
increased RD investments and technological
advances for the production of precision devices
and prosthetics.
4U.S. Healthcare 3D Printing Market Share, By
Technology 2013-2024 (USD Million)
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6360 Analysis
- Application Trends
- Medical application held more than 45 revenue
share in 2016, due to RD activities for 3D
printing processes for living organs such as,
liver, heart, ear, etc. Moreover, technological
advances in 3D printed skin, stem cell products,
bone and cartilage and surgical tools should
drive industry growth over the forecast period. - Regional Trends
- U.S. healthcare 3D printing market accounted for
more than 90 of regional revenue share in 2016
with expectations to offer lucrative growth over
the forecast years. Some of the factors
stimulating the industry growth include growing
patient awareness, rising RD investments, and
improved healthcare infrastructure associated
with the development of 3D printing products. - Competitive Market Share
- Some of the prominent companies operating in
healthcare 3D printing market include Organovo
Holding, Stratasys, 3D Systems, Reninshaw, Aspect
Biosystems, Bio3D Technologies, Cyfuse
Biomedical, 3Dynamics Systems, Envision TEC and
Materialise.
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