Press release
North America 3D Printing in Healthcare Market Witnessing Robust Growth and Growing at the CAGR of 21.8% during forecast period
The value of the 3D printing in healthcare market in North America is expected to reach USD 0.76 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 21.8% during 2018-2023.
3D printing can be defined as the process of building three-dimensional solid objects from digital designs. The creation of 3D printed objects is done using various additive processes. The additive processes involves laying down successive layers of a material until the desired object is created. Each of these layers can be visualized as a thinly-sliced horizontal cross-section of the final object. 3D printing is the exact opposite of subtractive manufacturing, which involves hollowing out/carving out pieces of metal or plastic from a mass. This process opens up opportunities for the production of complex shapes using less material in comparison to traditional manufacturing methods. In the field of medicine, this procedure is used to make several objects like prosthetics and implants, using several materials like metal, plastic, etc.
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North America has the most significant share of the 3D printing in healthcare market.
The market can be classified into three primary segments based on technology, material, and type.
Based on region, the market is segmented into the U.S. and Canada.
Based on technology, the market can be segmented into laser beam melting (LBM), electron beam melting (LBM), photopolymerization, droplet deposition, laminated object manufacturing and others.
Based on material, the sub-segments are plastic, metal, ceramic and others.
Based on type, the sub-segments include prosthetics, implants, surgical guides, hearing aid and others.
Key growth factors
The key growth factors that are driving the growth of the 3D printing in healthcare market are rising government investments on research and development, increasing collaborations between academic institutions and companies to accelerate product development processes, along with an extensive industrial base.
The huge unmet demand for hearing aid and dental implants in the North American region is driving the 3D printing in healthcare market in the region.
Threats and key players
Even after having immense potential for improving health care services, many companies refrain from trading in this market due to stringent Food and Drug Association(FDA) regulations for customized implants.
The key players are Stratasys Ltd., 3D Systems, Organovo, Renishaw and Formlabs.
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Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary
Chapter 2: 3D printing in healthcare market - market overview
2.1. North America market overview- market trends, market attractiveness analysis, geography-wise market revenue (USD)
2.2. North America - market drivers and challenges
2.3. Value chain analysis 3D printing in healthcare market
2.4. Porters Five Forces analysis
2.5. Market size - based on technology (laser beam melting (LBM), electron beam melting (EBM), photopolymerization, droplet deposition, laminated object manufacturing and others)
2.5. a. Revenue from LBM - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.5. b. Revenue from EBM - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.5. c. Revenue from photopolymerization - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.5. d. Revenue from droplet deposition - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.5. e. Revenue from laminated object manufacturing - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.5. f. Revenue from others - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.6. Market size based on material (plastic, metal, ceramic and others)
2.6. a. Revenue from plastic - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.6. b. Revenue from metal - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.6. c. Revenue from ceramic - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.6. d. Revenue from others - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.7. Market size - based on type (prosthetics, implants, surgical guides, hearing aid and others)
2.7. a. Revenue from prosthetics - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.7. b. Revenue from implants - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.7. c. Revenue from surgical guides - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.7. d. Revenue from hearing aid - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
2.7. e. Revenue from others - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
Chapter 3: U.S. 3D printing in healthcare market - market overview
3.1. Market overview-market trends, market attractiveness analysis, geography wise market revenue (USD)
3.2. U.S. - market drivers and challenges
3.3. Market size - based on technology [laser beam melting (LBM), electron beam melting (EBM), photopolymerization, droplet deposition, laminated object manufacturing and others]
3.3. a. Revenue from LBM - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.3. b. Revenue from EBM - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.3. c. Revenue from photopolymerization - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.3. d. Revenue from droplet deposition - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.3. e. Revenue from laminated object manufacturing - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.3. f. Revenue from others - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.4. Market size - based on material (plastic, metal, ceramic and others)
3.4. a. Revenue from plastic - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.4. b. Revenue from metal - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.4. c. Revenue from ceramic - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.4. d. Revenue from others - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.5. Market size - based on type (prosthetics, implants, surgical guides, hearing aid and others)
3.5. a. Revenue from prosthetics - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.5. b. Revenue from implants - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.5. c. Revenue from surgical guides - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.5. d. Revenue from hearing aid - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
3.5. e. Revenue from others - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
Chapter 4: Canada 3D printing in healthcare market - market overview
4.1. Market overview- market trends, market attractiveness analysis, geography-wise market revenue (USD)
4.2. Canada - market drivers and challenges
4.3. Market size based on technology [laser beam melting (LBM), electron beam melting (EBM), photopolymerization, droplet deposition, laminated object manufacturing and others]
4.3. a. Revenue from LBM- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.3. b. Revenue from EBM- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.3. c. Revenue from photopolymerization - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.3. d. Revenue from droplet deposition - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.3. e. Revenue from laminated object manufacturing - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.3. f. Revenue from others- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.4. Market size based on material (plastic, metal, ceramic and others)
4.4. a. Revenue from plastic - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.4. b. Revenue from metal - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.4. c. Revenue from ceramic - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.4. d. Revenue from others - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.5. Market size based on type (prosthetics, implants, surgical guides, hearing aid and others)
4.5. a. Revenue from prosthetics - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.5. b. Revenue from implants - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.5. c. Revenue from surgical guides - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.5. d. Revenue from hearing aid- Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
4.5. e. Revenue from others - Historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key observations
Chapter 5: Competitive landscape
5.1. Stratasys Ltd.
5.1.a. Company snapshot
5.1.b. Product offerings
5.1.c. Growth strategies
5.1.d. Initiatives
5.1.e. Geographical presence
5.1.f. Key numbers
......
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