3D printing is revolutionizing the healthcare industry by providing improved therapy outcomes and affordable medical devices. This technology is enabling manufacturers to produce small and delicate parts of an organ or medical device with a high accuracy, which is a very cumbersome task using current manufacturing capabilities. Companies such as EnvisionTEC, Inc., 3D Systems, Inc., Stratasys Inc., Materialise NV, and Organovo Holdings, Inc. are involved in robust research activities for development of novel 3D printers for medical sector and launch them in market.
Market Dynamics
Approval and Launch of novel advanced 3D printing for medical sector in market is expected to drive global 3D printing for medical sector market growth over the forecast period.
For instance, in February 2019, Stratasys, Inc. introduced its new J720 Dental 3D Printer in the market. The newly launched J720 Dental 3D Printer is fast so dental labs can streamline operations, fulfill more cases and grow new business without further capital expense. Device have over 500,000 color combinations, the multi-material 3D printer produces extremely high resolution, patient-specific models with precise accuracy
3D printing offers various benefits such as pre-operative planning of medical procedures based on the 3D model, creating anatomical models for training, creating medical products at lower costs, and possibility of manufacturing medical devices of smaller form factors with higher precision. Increasing awareness about cost benefits offered by this technology has increased its usage in hospitals, pharmaceutical companies, academic institutions, and medical clinics is propelling the global 3D printing in medical sector market growth. Furthermore, growing demand for organ transplantation and funding from government and private institution are major factors propelling growth of 3D printing application in the medical sector.
Key features of the study:
- This report provides in-depth analysis of global 3D printing for medical sector market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2020 – 2027), considering 2019, as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global 3D Printing for Medical Sector market based on following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
- Key companies covered as a part of this study include EnvisionTEC, Inc., Arcam AB, 3D Systems, Inc., Eos GmbH Electro Optical Systems, Renishaw PLC, Stratasys Inc., Materialise NV, Organovo Holdings, Inc., 3T RPD, Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global 3D printing for medical sector market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global 3D printing for medical sector market
Detailed Segmentation:
- Global 3D Printing for Medical Sector Market, By Technology:
- Electron Beam Melting
- Laser Beam Melting
- Droplet Deposition
- Photopolymerization
- Global 3D Printing for Medical Sector Market, By Application :
- Tissue Engineering
- Surgical Implants
- Healthcare Wearable Devices
- Others (Drug testing and Anatomical models)
- Global 3D Printing for Medical Sector Market, By End User:
- Hospital & Clinics
- Medical Industries
- Academic and Research Institutions
- Global 3D Printing for Medical Sector Market, By Region:
- North America
- By Technology:
- Electron Beam Melting
- Laser Beam Melting
- Droplet Deposition
- Photopolymerization
- By Application :
- Tissue Engineering
- Surgical Implants
- Healthcare Wearable Devices
- Others (Drug testing and Anatomical models)
- By End User:
- Hospital & Clinics
- Medical Industries
- Academic and Research Institutions
- By Country:
- Europe
- By Technology:
- Electron Beam Melting
- Laser Beam Melting
- Droplet Deposition
- Photopolymerization
- By Application :
- Tissue Engineering
- Surgical Implants
- Healthcare Wearable Devices
- Others (Drug testing and Anatomical models)
- By End User:
- Hospital & Clinics
- Medical Industries
- Academic and Research Institutions
- By Country:
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Technology:
- Electron Beam Melting
- Laser Beam Melting
- Droplet Deposition
- Photopolymerization
- By Application :
- Tissue Engineering
- Surgical Implants
- Healthcare Wearable Devices
- Others (Drug testing and Anatomical models)
- By End User:
- Hospital & Clinics
- Medical Industries
- Academic and Research Institutions
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- By Technology:
- Electron Beam Melting
- Laser Beam Melting
- Droplet Deposition
- Photopolymerization
- By Application :
- Tissue Engineering
- Surgical Implants
- Healthcare Wearable Devices
- Others (Drug testing and Anatomical models)
- By End User:
- Hospital & Clinics
- Medical Industries
- Academic and Research Institutions
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- By Technology:
- Electron Beam Melting
- Laser Beam Melting
- Droplet Deposition
- Photopolymerization
- By Application :
- Tissue Engineering
- Surgical Implants
- Healthcare Wearable Devices
- Others (Drug testing and Anatomical models)
- By End User:
- Hospital & Clinics
- Medical Industries
- Academic and Research Institutions
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Technology:
- Electron Beam Melting
- Laser Beam Melting
- Droplet Deposition
- Photopolymerization
- By Application :
- Tissue Engineering
- Surgical Implants
- Healthcare Wearable Devices
- Others (Drug testing and Anatomical models)
- By End User:
- Hospital & Clinics
- Medical Industries
- Academic and Research Institutions
- By Country/Region:
- Central Africa
- South Africa
- North Africa
- Company Profiles
- 3T RPD, Ltd.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- EnvisionTEC, Inc.
- Arcam AB
- 3D Systems, Inc.
- Eos GmbH Electro Optical Systems
- Renishaw PLC.
- Stratasys Inc.
- Materialise NV
- Organovo Holdings, Inc.
“*” marked represents similar segmentation in other categories in the respective section.
