The global market for 3D printing in the healthcare industry is expected to reach USD 3.2 billion by the end of 2020, growing at a CAGR of around 12.2% from 2014 to 2021.
3D printing is defined as an automated process for manufacturing the prototypes, medical devices, and implants. The increasing cost pressure on medical device manufacturers has forced them to adopt 3D printing technology in order to eliminate the traditional prototyping process. Moreover, the growing income levels, low manufacturing costs, and quick product development have augmented the interest of players in emerging markets. Asia is expected to register the highest CAGR due to the rising adoption of novel 3D printing technologies in the medical field.
Global Healthcare 3D Printing Market-Market Dynamics
The report details several factors driving and restraining the market. Some of these are listed below.
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Increasing medical applications
Technological advancements leading to enhanced applications
Increasing trend for customized implants
Favorable funding in developed economies
The regulatory hurdles and lack of skilled technicians are hindering the market growth.
The global 3D printing market in healthcare industry is segmented on the basis of technology (stereolithography, fused deposition modeling, Electron Beam Melting (EBM), Laser Beam Melting, photopolymerization, and ink-jet bioprinter), applications (medical implants, orthopedic implants, dental implants, craniomaxillofacial implants and bio-engineering), materials (metals, polymers, ceramics, and biological cells) & region (North America, Europe, Asia-Pacific & Rest of the World).
Some of the key players in the market are:
Eos GmbH Electro Optical Systems
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What the Report Offers
Market definition for the global 3D printing market along with identification of key drivers and restraints for the market.
Market analysis for the 3D printing market, with region-specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
Identification and analysis of the macro and micro factors that affect the global 3D printing market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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Some points from TOC:
1.1 Report Description
1.2 Markets Covered
1.3 Research Methodology
- Executive Summary
- Market Overview
3.1 Market Definition
3.2 Market Drivers
3.2.1 Rising demand driven by the increasing medical applications
3.2.2 Technological advancements leading to enhanced applications
3.2.3 Increasing trend for customized implants
3.2.4 Favorable funding in developed economies
3.3 Market Restraints
3.3.1 Regulatory Hurdles
3.3.2 Lack of skilled technicians
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