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Global Healthcare Additive Manufacturing Market with Rising Demand & Huge Application Potential from Electronics Industry by 2026 | Top Players- 3D Systems, Inc.; EnvisionTEC; regenHU; Materialise; EOS

02-12-2020 11:23 AM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Healthcare Additive Manufacturing Market Share

Global Healthcare Additive Manufacturing Market Share

Global healthcare additive manufacturing market is set to witness a healthy CAGR of 20.85% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Technological advancement in healthcare industry and improving healthcare infrastructure are the factor for the market growth. Few of the major competitors currently working in the global healthcare additive manufacturing market are GENERAL ELECTRIC; 3D Systems, Inc.; EnvisionTEC; regenHU; Materialise; EOS; GPI Prototype and Manufacturing Services, LLC.; INCREDIBLE AM PVT LTD.; UL LLC; Stratasys Ltd.; Additive Manufacturing Ltd.; 3Dnatives; 3T Additive Manufacturing Ltd., Lithoz; CRS Holdings Inc; AIM Sweden.; Jabil Inc.; among others.

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Competitive Analysis:

Global healthcare additive manufacturing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of healthcare additive manufacturing market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Global Healthcare Additive Manufacturing Market Trends

Market Definition:

Additive manufacturing is the process of joining materials which is used to make objects from 3D model data, typically layer by layer. These additive manufacturing has the ability to produce complex medical parts and components at a cost effective range. They are mainly used to produce medical parts such as dental prosthetics, tissue, organ and cranial implants among others. The healthcare additive manufacturing market uses different technologies such as stereolithographic, electron beam melting, laser sintering and laminated object manufacturing as well.

Market Drivers

Rising demand for customized medical products will accelerate the demand of the market

Increasing number of surgeries will also enhance the market growth
Patent expiration will also propel the market growth
Increasing prevalence for chronic diseases will also contribute as a factor for the market growth

Market Restraints

Lack of skilled and trained professional will hamper the market growth
High cost of the additive manufacturing also acts as a restricting factor in the forecast period

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Segmentation: Global Healthcare Additive Manufacturing Market

By Technology

Stereolithography
Deposition Modeling
Electron Beam Melting
Laser Sintering
Jetting Technology
Laminated Object Manufacturing
Others
By Application

Medical Implants
Prosthetics
Wearable Devices
Tissue Engineering
Others
By Material

Metals and Alloys
Polymers
Biological Cells
Others
By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Key Developments in the Market:

In January 2019, Jabil announced the launch of their complete solution to develop, incorporate and test custom-made materials for the manufacture of additives. Jabil Engineered Materials availability enhances its leadership in 3D printing while increasing the adoption of 3D printing so they can produce highly functional parts for diverse and unique customer applications. This will create a new generation of additive manufacturing applications for industries such as healthcare, aerospace, automotive among others

In September 2018, HP announced the launch of their Jet 3D printing technology which is specially designed so they can provide mechanically function part faster and will revamp factor production for industrial, healthcare and auto companies. HP's main metal focus will be around stainless steel as it approaches mass production

Reasons to Purchase this Report

Current and future of global healthcare additive manufacturing market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

Contact:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Email: Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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