According to a new market research study titled “3D Printed Drugs Market Forecast to 2027 – Covid-19 Impact and Global Analysis by Dosage Forms and Technology,” the global 3D printed drugs market is expected to reach US$ 57.03 Mn in 2027 from US$ 28.52 Mn in 2019. The market is estimated to grow at a CAGR of 9.1% during 2020–2027. The report provides trends prevailing in the global 3D printed drugs market, and the driving and restraining factors pertaining to the market growth.
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Some Leading Companies Analysis as Below-
- APRECIA PHARMACEUTICALS, LLC
- FabRx LTD
- Cycle Pharmaceuticals
- GLAXOSMITHKLINE PLC
- ASTRAZENECA
- Tvasta
- Merck KGGA
- Many more
The increasing adoption of personalized medicines and rising awareness regarding 3D printed drugs are the factor driving the growth of the 3D printed market. As per a study published by PMC, personalized medicines accounted for only 5% of the new FDA approved molecular entities in 2005, whereas, in 2016, they accounted for more than 25%. Additionally, 42% of all compounds and 73% of oncology compounds in the pipeline have the potential to function as personalized medicines. Moreover, biopharmaceutical companies have nearly doubled their R&D investments in personalized drugs over the past five years, and they are further likely to increase their investment by 33% in the next five years. Biopharmaceutical researchers also predict a 69% hike in the number of personalized medicines in the next five years.
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Personalized medicine is a growing area of treatment that relies on specific drug delivery and dosing. As per a study published by PMC, personalized medicines accounted for only 5% of the new FDA approved molecular entities in 2005; whereas, in 2016, they accounted for more than 25%. Additionally, 42% of all compounds and 73% of oncology compounds in the pipeline have the potential to be personalized medicines. Moreover, biopharmaceutical companies nearly doubled their R&D investment in personalized drugs over the past five years, and expect to increase their investment by 33% in the next five years. Biopharmaceutical researchers also predict a 69% increase in the number of personalized medicines in development over the coming five years.
Industry Segments-
3D printed drugs Market – By Dosage Form
- Tablets
- Capsules
- Multi Drug Implant
- Nanoparticles
- Solutions
- Others Dosage Forms
3D printed drugs Market – By Technology
- Inkjet Printing
- Direct Write
- Zip Dose
- Thermal Inkjet Printing
- Fused Deposition Modeling
- Powder Bed Printing
- Stereolithography (SLA)
- Semi Solid Extrusion (SSE)
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