Global 3D Printing for Healthcare Market Overview:
3D printing is becoming one of the emerging technologies in the manufacturing industry. It is changing and generating huge opportunities in the medical industry. According to the study the global medical 3D printing industry is reached around USD ~1.25 billion, and it is expecting to grow in a rapid manner in the coming years. The major segments are benefits by 3D printing are orthopedics, and dental. It is highly adopted by the United States region. Some of the key players profiled in the study are 3D Systems Software (United States), EnvisionTEC (Germany), Stratasys (Israel), Materialise (Belgium), Organovo (United States), Bio-Rad Laboratories (United States), Metamason (United States), Simbionix (United States), Youbionic (United States) and Prodways (France).
On the basis of geography, the market of 3D Printing for Healthcare has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Systems will boost the 3D Printing for Healthcare market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Laser Beam Melting will boost the 3D Printing for Healthcare market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materials, the sub-segment i.e. Rubber will boost the 3D Printing for Healthcare market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Technological Development In 3D Printing
- Rising Investment from the Government and Private Sector
- High Adoption from the Orthopaedics, and Dental Sector
- Increase Investment in Research & Development
- Stringent Government Regulation for the Approval Of 3D-Printed Medical Devices
- Increase Awareness Towards Digital Manufacturing
- Increasing Number of Patents in the 3D Printing Industry
- Lack of Skilled Professional
- High Cost Associated with Raw Materials
Major Market Developments:
In Dec 2019, GE Healthcare announced the collaboration with Formlabs, CMR Surgical, and many more companies who are specializing in 3D printing. Through these initiatives, the company is aiming to expand to capabilities and enable more effective diagnosis, and others. The company revealed that in healthcare 3D printing, robotic surgery will change the healthcare industry.
There are huge number players are operating in this market, the market-leading companies are highly focusing on exploring the market in new geographic regions by adopting market growth strategies such as mergers & acquisitions, expansions, investments, and others. The market players are exploring are highly investing in the research & development market.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, 3D Printing for Healthcare Products & Services Providers, Raw Material Providers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global 3D Printing for Healthcare market on the basis of product  , application [External Wearable Devices, Clinical Study Devices, Implants and Tissue Engineering], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the 3D Printing for Healthcare market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the 3D Printing for Healthcare industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Arcam AB (Sweden), Anatomics Pty Ltd (Australia) and Biomedical Modeling Inc. (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the 3D Printing for Healthcare market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.