Press release
Global 3d Printing Market In Healthcare :Global Demand Analysis & Opportunity Outlook 2022 :Top keyplayers are Stratasys, 3D Systems, Materialise NV, Arcam AB, ExOne Company etc
DescriptionDigital data is transformed into the three-dimensional model through 3D printing. The object is formed layer by layer with the help of 3D printing material. The manufacturing industry has evolved with the advancement of 3D printing technique which helps in reducing the complexity of design and increase customization. Because of its inherent benefits and functional features, it is now being used in various products of medical and healthcare industry.
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End User/ Technology
Medical and surgical centers, biotechnology and pharmaceutical firms are the end users of this technology. The technologies that are being used in the market include stereolithography, photopolymerization, laser beam melting, electron beam melting and laminated object manufacturing. On account of its wide application in the dental clinics, healthcare centers, and customized medical devices the Fused Deposition Modelling (FDM) is leading the market. 3D printing is widely applicable for customized products related to hearing aids, prosthesis and contact lenses.
Market Dynamics
Technological advancements, increased demand for accurate treatment and favorable investment are the main driving force for the growth of the sector. As per the current market scenario hospital and surgical centers are the highest revenue generator due to customization of medical procedures and reduction of risk in medical treatment. 3D printing also helps in saving time and energy while maintaining high manufacturing efficiency of medical devices. However, lack of awareness, high cost, insufficient trained professional and strong medical regulations are the main restraints for this market.
Market Segments
3D printing in healthcare market can be segmented based on product, technology, and application. The product market can be subdivided into Syring based, Laser-based, inkjet-based and magnetic levitation. Stereolithography, Fused Deposition Modelling are some of the technology used in the market. It has a wide application in biosensors, prosthetics and implants, tissue and organ generation etc.
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Regional/Geographic Analysis
North America is the market leader followed by Europe and Asia Pacific. Technological advancement, venture capital investment, govt support and increasing demand ensure North America's leadership in 3D printing market in the healthcare industry. High purchasing power and disposable income in North America and Europe also ensure the market growth. Investors and manufacturers are highly interested in Asia Pacific regions due to the presence of untapped market with lots of opportunities.
Opportunities
Currently, the market is dominated by FDM because of its versatile use in medical devices. Stereolithography is expected to witness lucrative growth due to its usage in building prototypes, master pattern, and production parts. Inkjet-based 3D printers will experience high growth on account of its wide application in tissue engineering and regenerative medicines.
Key Players
Some of the major players in the market include Stratasys, 3D Systems, Materialise NV, Arcam AB, ExOne Company etc.
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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