3D Printing in Healthcare Market is Expected to Reach US$ 6.5 Billion by 2028 | IMARC Group
According to IMARC Group’s latest report, titled “3D Printing in Healthcare Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.’ the global 3D printing in healthcare market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 15.1% during 2023-2028.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2022
Historical Period: 2017-2022
Forecast Period: 2023-2028
Three-dimensional (3D) printing in healthcare is used to make 3D objects employed in the healthcare sector. It utilizes a layer-by-layer addition technique to create physical objects from 3D digital data from a computer-aided design (CAD) or a magnetic resonance image (MRI). It assists in developing customized medical products and equipment, such as drill guides and prosthetics, and generates patient-specific replicas of blood vessels, bones, and organs. It also saves time, minimizes cost, ensures faster and more effective delivery of medical services, reduces operative risk and susceptibility to infections, provides quick recovery, and minimizes hospital stays. As a result, 3D printing is gaining traction in the healthcare sector across the globe.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
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Global 3D Printing in Healthcare Market Trends 2023-2028
The market is primarily driven by the increasing demand for 3D printing in the healthcare sector. This can be attributed to the growing prevalence of chronic illnesses such as cancer and respiratory and cardiovascular disorders (CVDs) across the globe.
In addition, the widespread adoption of 3D printing in liver modeling and developing bone, medical implants, tissue, and the surging need for stem cell solutions, regenerative medicines, and cancer therapeutics are contributing to the market growth. Moreover, emerging technological advancements in 3D printing to enable customization and personalization of medical products, drugs, and equipment such as orthopedic implants, external prosthetics, and dental restorations represent another major growth-inducing factor. Besides this, the escalating demand for 3D printing medical devices, as it minimizes the duration of anesthesia exposure and surgeries, is providing a positive thrust to the market growth. Furthermore, the extensive investments by key players in research and development (R&D) activities to develop advanced 3D printers are creating a favorable market outlook.
3D Printing in Healthcare Market 2023-2028 Competitive Analysis and Segmentation:
3D Printing in Healthcare Market 2023-2028 Competitive Analysis and Segmentation:
Breakup by Material:
- Polymer
- Metals
- Ceramic
- Organic
Breakup by Technology:
Droplet Deposition
- Fused Filament Fabrication (FFF) Technology
- Low-temperature Deposition Manufacturing (LDM)
- Multiphase Jet Solidification (MJS)
Photopolymerization
- Stereolithography (SLA)
- Continuous Liquid Interface Production (CLIP)
- Two-photon Polymerization (2PP)
Laser Beam Melting
- Selective Laser Sintering (SLS)
- Selective Laser Melting (SLM)
- Direct Metal Laser Sintering (DMLS)
Electronic Beam Melting (EBM)
Laminated Object Manufacturing
Others
Breakup by Application:
External Wearable Devices
- Hearing Aids
- Prosthesis and Orthotics
- Dental Products
Clinical Study Devices
- Drug Testing
- Anatomical Models
Implants
- Surgical Guides
- Cranio-maxillofacial Implants
- Orthopedic Implants
- Tissue Engineering
Breakup by End User:
- Medical and Surgical Centers
- Pharmaceutical and Biotechnology Companies
- Academic Institutions
Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Some of these key players include:
- 3D Systems Inc.
- Desktop Metal Inc.
- EOS GmbH, Formlabs
- Materialise NV
- Organovo Holding Inc.
- Oxford Performance Materials Inc.
- Prodways Tech
- Proto Labs Inc.
- Renishaw plc
- SLM Solutions Group AG
- and Stratasys Ltd.
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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