The global 3D printing in healthcare market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). 3D printing is also known as additive manufacturing. It is a process of making dimensional solid objects in healthcare industries. The creation of a 3D printed object is achieved using additive processes and is created by laying down successive layers of material until the object is created. The major factor driving the demand for 3D printing in healthcare is the increasing technological advancements in 3D printing across the globe.
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Moreover, the market is also growing due to customization and personalization as well as the increasing R&D investments globally. Additionally, the presence of a large patient pool coupled with the increasing biomedical applications of 3D printing is further driving the growth of the market. However, the growth of the market is hampered due to the high cost associated with 3D printing as well as the lack of skilled labor across the globe.
Some major players in the market include General Electric Co., 3D Systems Corp., and Stratasys, Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in October 2020, 3D Systems announced that it has received the clearance for maxillofacial surgical guides 3D printed from US FDA.
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Market Coverage
Segment Covered-
- By Technology
- By Application
- By Material
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- General Electric Co., 3D Systems Corp., and Stratasys, Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global 3D Printing In Healthcare Market Report by Segment
By Technology
- Stereo Lithography
- Deposition Modeling
- Electron Beam Melting
- Laser Sintering
- Jetting Technology
- Laminated Object Manufacturing
- Others
By Application
- Medical Implants
- Prosthetics
- Wearable Devices
- Tissue Engineering
- Other Applications
By Material
- Metal and Alloy
- Polymer
- Others
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