Healthcare 3D Printing market Opportunity on Aspect Biosystems, Bio 3D Technologies, BioBots, Cyfuse Biomedical, Digilab, 3Dynamics Systems, Envision TEC, Luxexcel, Materialise NV

The healthcare 3D printing industry has gained major traction as its impact has stretched beyond that of practical benefits with disruption of cost implications of several medical procedures. For instance, National Foundation for Transplants, U.S. estimates a typical kidney transplant to cost over $330,000. But a 3D bioprinter can bring down the cost for this procedure to around $10,000.

Healthcare 3D printing market is anticipated to become a multibillion-dollar business space by 2024, given that the introduction of 3D printing in healthcare has been one of the most disruptive technologies in the present decade. Medical experts across the globe are rooting for the integration of 3D printing technology in healthcare, as was demonstrated by a team of international academic and industry experts during a symposium in Nairobi in 2018. Innovation and advancement in 3D printing technology has increased cost efficiency and improved prototyping speeds, providing immense benefit to the healthcare and biomedicine industry.

Healthcare 3D Printing Market will exceed USD 2.2 billion by 2024; as per a new research report.

This report focuses on the top Manufacturers and players in global market are given bellow:-

Aprecia Pharmaceuticals, Aspect Biosystems, Bio 3D Technologies, BioBots, Cyfuse Biomedical, Digilab, 3Dynamics Systems, Envision TEC, Luxexcel, Materialise NV, Nano3D Biosciences, Oceanz, Organovo Holdings, regenHU, Renishaw, Solidscape, Stratasys, TeVido BioDevices, 3D Bioprinting Solutions, 3D Biotek, and 3D Systems.

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In addition to reducing costs, 3D printers may also revolutionize drug manufacturing. With 3D printing, pharmacologists can design pills to house several drugs, eliminating the need of taking several pills throughout the day. Healthcare 3D printing industry has also received considerable advantage from the debut of modular 3D printed prosthetics that have the same functionalities of conventional models but cost half as much. 3D printing production experts suggest that 3D printing can save up to more than 60% of medical costs for clients. With the development of the technology and its robust proliferation into the mainstream, organ transplantation, drug manufacturing and other fields of medicine are expected to gain commendable benefits from the deployment of this technology.

Rising demand for healthcare 3D printing products and availability of efficient additive manufacturing technology should foster business growth. For instance, in March 2017, 3D Systems announced scalable, modular, and fully integrated additive manufacturing. This would meet durability & requirement of production environment. The firm showcased enhanced additive manufacturing that is based on Figure 4 technology along with NextDent materials. Aforementioned advancement should boost business growth in dental 3D printing industry.

Price of materials used in 3D printing and lack of trained professionals will hinder healthcare 3D printing market growth. For instance, price of plastic feed material in 3D printing is in the range from USD 60 to USD 425 per kilogram. Such excessive price of materials should hinder healthcare 3D printing market growth.

Magnetic levitation is estimated to grow at 22.6% during the forecast timeframe owing to high adoption in the field of vascular smooth muscle bioprinting, toxicity screening, human cells generation and associated drug response management.

Fused deposition modeling (FDM) held USD 244.5 million in 2017, due to surging number of individuals having bone disorders, auditory damage, and dental disorders. Furthermore, FDM has extensive applications in healthcare as well as in prototyping scaffolds for medical tissue engineering; and FDM technology is cost-effective these factors will render positive impact on business growth.

Healthcare 3D Printing Market Size By Product (Syringe Based, Magnetic Levitation, Laser Based, Inkjet Based)

By Technology (Stereolithography (SLA), Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Other)

By Application (Biosensors, Medical {Pharmaceutical, Prosthetics and Implants, Tissue and Organ Generation}, Dental)

Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Russia, China, India, Japan, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia)

Application Potential, Competitive Market Share & Forecast, 2018 - 2024

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Report Content

Chapter 1. Methodology

1.1. Methodology

1.2. Market definitions

1.3. Forecast parameters

1.4. Data sources

1.4.1.  Secondary

1.4.1.1.    Paid sources

1.4.1.2.    Unpaid sources       

1.4.2.  Primary

Chapter 2.  Executive Summary

2.1. Healthcare 3D printing industry 3600 synopsis, 2013 - 2024

2.1.1.  Business trends

2.1.2.  Product trends

2.1.3.  Technology trends

2.1.4.  Application trends

2.1.5.  Regional trends

Chapter 3.  Healthcare 3D Printing Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024

3.3. Industry impact forces

3.3.1.  Growth drivers

3.3.1.1.    Technological advancements in North America

3.3.1.2.    Extended clinical applications in Europe and North America

3.3.1.3.    Increasing trends for customized implants in Asia Pacific

3.3.1.4.    Growing investments in R&D in Asia Pacific and North America

3.3.2.  Industry pitfalls & challenges

3.3.2.1.    Lack of skilled professionals

3.3.2.2.    High price associated with 3D printing software

3.4. Growth potential analysis

3.4.1.  By product

3.4.2.  By technology

3.4.3.  By application

3.5. Regulatory landscape

3.5.1.  U.S.

3.6. Technology landscape

3.6.1.  North America

3.6.2.  Europe

3.7. Porter’s analysis

3.8. Competitive landscape, 2017

3.8.1.  Company market share analysis

3.8.2.  Strategy dashboard

3.9.   PESTEL analysis

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