Allied Market Research has published an overview of the 3D printing healthcare market for analysis period 2015–2020. The scope of the report includes various segments mentioned, such as photo polymerization, laser beam melting, electronic beam melting (EBM) which are applied for external wearable devices, clinical study devices, implants tissue engineering. This report focuses on the global opportunity analysis, size, growth, industry forecast, and progress of the market. The report also consists of various factors, restraints, opportunities, and challenges.
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This additive manufacturing fulfills the rising demands of personalized medical care by providing customized medical devices based on individual needs. It enables the surgeons to plan the surgeries, which in turn helps to reduce the operative risks involved during complex procedures. There is a reduction in the risk of infection and the duration of anesthesia exposure. The report says that the healthcare market was valued at $579.0 million in 2014, and is expected to garner $2363.8 million by 2020. It is the technology that is booming rapidly which empowers the manufacturers in the medical sectors to produce customized medical equipment and products.
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The main factors that propel the market’s growth are the augmented R&D investments and activities, that are the cause of rapidly expanding customer base. Increasing scope of biomedical applications at the academic & industrial level. Also, the collaborations between academic institutions and companies to improve the process of product development has supplemented the market growth.
Key findings of the 3D Printing Healthcare Market Report:
- This report provides an in-depth analysis of the current and emerging market trends and dynamics in the 3D healthcare printing market.
- Geographically, the global 3D healthcare printing market is analyzed based on various regions, such as North America, Europe, Asia-Pacific, and LAMEA.
- The competitive landscape and value chain have been extensively studied to understand the competitive environment across various geographies.
- An in-depth analysis of current research and developments in the global 3D healthcare printing market reveals key market dynamics that shape the industry trends.
- The report provides an exhaustive analysis of the factors that drive and restrict the growth of the global 3D healthcare printing market.
- SWOT analysis highlights the internal environment of the leading companies for effective strategy formulation and for gaining a competitive edge.
The report provides comprehensive a competitive analysis by listing the profiles of prominent market players, such as 3D Systems Corporations, Stratasys Ltd., SLM Solutions Group AG, Envision TEC, Arcam AB, Organovo Holdings, Inc., Oxford Performance Materials, Inc., Materialise NV, Bio3D Technologies, and Cyfuse Medical K.K. The report also includes the detailed analysis and in-depth study of the products, such as device, materials, and services. The study also enables an understanding of the market end users, such as medical and surgical centers, pharmaceutical & biotech companies, and academic institutions.
Companies could get to know about the market landscapes, growth potential. Investors could have a better and precise understanding of how to evaluate market success. It helps companies make business decisions so that the market base is comprehended in order to perceive the overall market scenario.