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The Evolving 3D Printing Healthcare Market: What Does the Future Hold? Top Key Players [3D Systems Corporations, Stratasys Ltd., SLM Solutions Group AG, EnvisionTEC, Arcam AB, Organovo Holdings, Inc., Oxford Performance Materials, Inc., Materialise NV, Bi

09-24-2018 08:39 PM CET | Health & Medicine

Press release from: Allied Market Research

3D Printing Healthcare Market

3D Printing Healthcare Market

Global 3D Printing Healthcare Market was valued at $579.0 million in 2014, and is expected to garner $2,319.5 million by 2020, registering a CAGR of 26.2% during the forecast period 2015-2020. 3D printing technology is a rapid emerging technology, which empowers manufacturers in the medical sector to produce customized medical equipment and products.

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3D printing, also known as additive manufacturing, utilizes a layer-by-layer addition technique to produce physical objects from a three-dimensional digital file. The 3D printing technology caters to the rising demands of personalized medical care by providing customized medical devices based on individual needs. In addition, it enables surgeons to plan surgeries, which in turn helps to reduce the operative risks involved during complex procedures, risk of infection, and decrease the duration of anesthesia exposure. This would enable patients to recover faster and reduce the hospital stay duration. In addition, 3D printing technology would facilitate surgeons to improve the success rate of complicated procedures. Moreover, this technology has revolutionized preclinical drug testing by facilitating testing on 3D printed organs as an alternative to animal testing. The recent success in the 3D printing of tablets has opened new avenues for the 3D printing technology for use in the pharmaceutical industry.

This market is expected to witness significant growth during the forecast period on account of the numerous technological innovations in this sector. In addition, augmented R&D investments, rapidly expanding customer base, increasing scope of biomedical applications, and extensive research and development activities at the academic and industrial level have fueled the market growth. Furthermore, collaborations between academic institutions and companies to accelerate the process of product development has supplemented the market growth. However, absence of a structured regulatory framework, unfavorable reimbursement policies, high costs associated with printers, copyright & patent infringement concerns, biocompatibility issues of 3D printed medical devices, and limited technical expertise are the major factor hampering the growth of the market.

In the current market scenario, the global 3D printing healthcare market is largely consolidated by the two market leaders: 3D Systems Corporation and Stratasys Ltd. The renowned players in the market have implemented product launch as their key developmental strategy to sustain the market competition. In February 2015, 3D Systems Corporation has recently launched an all-in-one medical 3D printer, ProJet 3510 DPPro. Similarly, in September 2015, Stratasys, Ltd. launched Objet30 Dental Prime, which is a low-cost, high-quality 3D printer. Technological advancements to improve portability, cost efficiency, and energy efficiency of 3D printers as well as developing software for predicting the thermal and mechanical properties of the object are anticipated to expand the scope of this market.

The report provides comprehensive competitive analysis and profiles of prominent market players, such as

3D Systems Corporations,
Stratasys Ltd.,
SLM Solutions Group AG,
EnvisionTEC,
Arcam AB,
Organovo Holdings, Inc.,
Oxford Performance Materials, Inc.,
Materialise NV,
Bio3D Technologies, and Cyfuse Medical K.K.

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Table of Content

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models


Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective
2.2 Market beyond: what to expect by 2025

2.2.1 Base case scenario
2.2.2 Rapid growth scenario
2.2.3 Critical growth scenario

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Conventional versus 3D printing technology
3.3 Latest developments in 3D healthcare printing technology
3.4 Key findings

3.4.1 Top investment pockets
3.4.2 Top winning strategies

3.5 Ethical and legal concerns
3.6 Porters five force analysis

3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat of substitutes
3.6.4 Threat of new entrants
3.6.5 Competitive rivalry

3.7 Value Chain Analysis

3.7.1 Primary activities
3.7.2 Supportive activities

3.8 Market share analysis of world 3D healthcare printing market (2014)
3.9 Patent analysis
3.10 Market dynamics

3.10.1 Drivers
3.10.2 Restraints
3.10.3 Opportunities

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About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

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#205, Portland, OR 97220
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Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

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