As per our research report, the size of the global 4D printing in healthcare market is expected to grow at a CAGR of 31.68% from 2021 to 2026.
COVID-19 needs 4D printing R&D. As a result of the present covid–19 pandemic; every industry is changing its outlook. Every industry is scrambling to fulfill the covid – 19 scenario’s spike in demand for products and services. Some industries are experiencing an uptick in demand, while others are experiencing a decrease. The healthcare industry has been the most successful of them all. It emphasized the necessity of creativity in dealing with various covid–19 issues. One of them is 4D technology, which is quite popular. In the present situation, 4D technology is one of the most popular technologies. It may be feasible to treat coronavirus-infected people by folding the sides of 4D technology. This technology can help with the COVID-19 pandemic by manufacturing smart medical wearables that aid in the treatment of afflicted persons. In addition, 4D printing, which uses smart materials as a feedstock, solves various problems and increases the number of medical solutions available.
The growing demand for innovations to cure ailments is majorly propelling the growth of 4D printing in healthcare market.
The healthcare 4D printing market is driven by the growing requirement for 4D printing to create new medicines for various ailments. Cancer, orthopedics, cardiovascular disease, and other disorders are all on the rise, necessitating the creation of new treatments throughout time. Some solutions have already been created, while others are still being developed. 4D printing, on the other hand, changes one’s vision of the world. Cancer treatments and tissue engineering, for instance, could be provided more efficiently when integrated with the 4D printing technique, according to UNSW Sydney and The University of Auckland. Cancer-fighting nanorobots have also been developed via 4D printing, transforming them into a molecular “delivery truck” capable of transporting medicines to specific cells in the body. 4D printing, with its ability to reshape, has a lot of potential in orthopedics.
Spinal anomalies, fracture fixation, joint and knee replacement, and other orthopedic applications benefit from smart orthopedic implants. Furthermore, experts have put forth a lot of time and effort to cure cardiovascular disease (the leading cause of mortality worldwide). 4D printing technology is a game-changer for these cardiovascular treatments. 4D printing, for instance, might quickly produce stents for use in heart valves, which can then be expanded as needed with the help of heat in the patient’s body. In the case of children, 4D-printed structures may grow and change as they mature, eliminating the need for additional procedures to replace tissues or scaffolds that fail to do so. All of the recent discoveries and the yet-to-be-discovered hidden breakthroughs highlight the need for 4D printing in the healthcare market.
The need for artificial organs is growing, accelerating the rise of 4D printing in the healthcare market.
The growing need for artificial organs is also fuelling the growth of 4D printing in healthcare. Artificial intelligence technologies were required due to the scarcity of organ donors. More than 114,000 men, women, and children are now on the national transplant waiting list, according to the United States Government Information on Organ Donation and Transplantation. Sadly, 22 people die every day while waiting for a transplant. As a result, 4D printing could be used to create bone, exoskeletons, windpipes, jawbones, eyeglasses, cell cultures, stern cells, blood arteries, vascular networks, tissues, and organs as innovative dosage forms and medical delivery systems. The ability of 4D printing to expand in lockstep with human growth increases demand for artificial organs, accelerating 4D printing’s adoption in the healthcare market.
On the other hand, the growth rate of 4D printing in the healthcare market may be hampered by a lack of competence and a low acceptance rate for 4D printing. The spread of 4D printing in the healthcare market is expected to be hindered by a shortage of experienced professionals and a low acceptance rate in low-income countries. 4D printing is still a new technology. There are only a few experts that are knowledgeable about this technique. Furthermore, in low-and-middle-income countries, the complexity and availability of materials used in 4D printing deter adoption. As a result, the 4D printing market in healthcare is increasing slowly.
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KEY MARKET INSIGHTS:
- Based on the component, the software & services segment is expected to lead the global 4d Printing in the healthcare market and rise at a higher rate throughout the projected period. The software has a wide range of applications in additive manufacturing. For instance, in the healthcare industry, 3D printing software is used to build, design, and construct models. In addition, this software also inspects prototypes for compliance with the required specifications.
- The PolyJet category is expected to grow at the fastest rate during the projection period based on technology. This technique can build complicated forms with intricate details and delicate qualities. It also incorporates a wide range of colors and materials into a single product. The ability to use a variety of materials and colors and reduced material waste due to increased deposition precision are two of the technology’s primary benefits that drive its demand.
- FDM, or Fused Deposition Modelling, is the best AM-based extrusion process for 4D printing. This type makes use of a thermoplastic filament. This is used to heat to melt and then remove the layers one by one. For example, it might be used to demonstrate a shape-shifting phenomenon throughout the healing process.
- The medical model segment is expected to have the largest market share during the forecast period based on the application. These models can be tailored to the patient’s pathophysiology, allowing for more efficient patient management. The capacity of 4D printing technology to build smart medical models will substantially impact the medical industry and drive growth in this category throughout the projection period.
- Based on the end-user, the Hospitals & Clinics segment had the most significant share in the global 4D printing in the healthcare market due to the growing number of hospitals and surgical centers. 4D printing minimizes the complexity of present procedures in dentistry clinics and laboratories. As a result, dental laboratories use 4D printing technology to improve their competitiveness and efficiency, driving the industry’s growth.
- Geographically, in terms of adoption, the North American region, notably the United States, is among the leading inventors and pioneers in additive manufacturing. Over the projection period, it is expected to maintain its position as the market leader. In December 2018, Autodesk, based in the United States, established ADAPT. This additive manufacturing consortium identifies visionary research, scalable education platforms, actionable strategic insights, and an academic-industry ecosystem as the platform’s foundation. EnvisionTEC is a leading manufacturer and marketer of proprietary 3D fast prototyping and manufacturing solutions for global enterprises based in Michigan. The company plans to introduce 4-D printed prototypes in the near future, thanks to its strong client and partner network in the automotive, aerospace, and medical industries. According to the OECD, the United States spends more on healthcare as a percentage of GDP than any other country. 4D scanners could be used in healthcare to create 4-D representations of human body parts, which could then be utilized to make prosthetics.
- The European 4D printing in the healthcare market has the second-largest stake due to the use of 3D and 4D printing in healthcare. For medical devices built of unique materials, healthcare providers use cutting-edge printing technology.
- Increased investment by government agencies private and public enterprises is credited with the Asia-Pacific region’s fastest pace of growth.
- 3D Systems, Organovo Holdings Inc., Stratasys Ltd., Dassault Systèmes, Materialise, EOS GmbH Electro Optical Systems, EnvisionTEC, Poietis, Fit3D, Lantos Technologies, Biomodex, CertaScan, Monogram, Open Bionics, ShapeScale, Tractus3D, axial3D and Medical 3D Printing Experts Ltd. are some of the promising companies in the global 4D printing in the healthcare market.
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SEGMENTS COVERED IN THIS REPORT:
By Component:
- Equipment
- 3D Printers
- 3D Bioprinters
- Programmable Materials
- Shape-memory Materials
- Hydrogels
- Living cells
- Software & Services
By Technology:
- FDM
- PolyJet
- Stereolithography
- SLS
By Application:
- Medical Models
- Surgical Guides
- Patient-specific Implants
By End-user:
- Hospitals & Clinics
- Dental Laboratories
- Other End-Users
By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
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