North America 3D Printing in Healthcare Market To See Major Growth By 2030 | Stratasys Ltd., 3D Systems

The recent research report published by Quadintel gives an insight into the global North America 3D Printing in Healthcare Market. According to this published competitive intelligence analysis, the global North America 3D Printing in Healthcare Market is expected to experience a promising annual revenue increase (USD in Mn) in 2021. A comprehensive overview and precise insights into possible future scenarios for the worldwide market are provided in this study.

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.

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Key Companies Covered in the North America 3D Printing in Healthcare Market Research are Stratasys Ltd., 3D Systems, Organovo, Renishaw, Formlabs and other key market players.

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.

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.

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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.

What is covered in the report?

1. Overview of the 3D printing in healthcare market in North America.
2. Market drivers and challenges in the 3D printing in healthcare in North America.
3. Market trends in the 3D printing in healthcare in North America.
4. Historical, current and forecasted market size data for the 3D printing in healthcare in North America.
5. Historical, current and forecasted market size data for the technology segment [laser beam melting (LBM), electron beam melting (EBM), photopolymerization, droplet deposition, laminated object manufacturing and others].
6. Historical, current and forecasted market size data for the material segment (plastic, metal, ceramic and others).
7. Historical, current and forecasted market size data for the type segment (prosthetics, implants, surgical guides, hearing aid and others).
8. Historical, current and forecasted regional (US, Canada) market size data for the 3D printing in healthcare market.
9. Analysis of North America 3D printing in healthcare market by value chain.
10. Analysis of the competitive landscape and profiles of major competitors operating in the market.

Why buy?

1. Understand the demand for 3D printing in healthcare to determine the viability of the market.
2. Identify the developed and emerging markets for 3D printing in healthcare.
3. Identify the challenges and address them.
4. Develop strategies based on the drivers, trends and highlights for each of the segments.
5. Evaluate the value chain to determine the workflow.
6. Recognize the key competitors of this market and respond accordingly.
7. Knowledge of the initiatives and growth strategies taken by the major companies and decide on the direction of further growth.

By Geography

Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and the Rest of Asia Pacific)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and the Rest of Europe)
Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa, and Rest of the Middle East & Africa)
North America (U.S. & Canada)
North America garnered a substantial market share in the North America 3D Printing in Healthcare Market, due to growing demand for North America 3D Printing in Healthcare Market products, and rising disposable income, followed by Latin America, Europe, and the Middle East & Africa respectively.

Presently, the Asia Pacific region conquers the North America 3D Printing in Healthcare Market.

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List of Factors Covered in the Report are:

Geographical Breakdown: The regional section of the report analyses the market on the basis of region and national breakdowns, which includes size estimations, and accurate data on previous and future growth. It also mentions the effects and the estimated course of Covid-19 recovery for all geographical areas. The report gives the outlook of the emerging market trends and the factors driving the growth of the dominating region to give readers an outlook of prevailing trends and help in decision making.

Key inquiries addressed in the report:

Investigate the COVID 19 outbreak's effects.
Our researchers give precise responses, pinpoint significant chances and fresh investments, and suggest excellent market strategy avenues.
Key Points Covered in this Report

Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Wealth Management Software market, Applications, Market Segment by Regions North America, Europe or Asia.

Chapter 2, objective of the study.

Chapter 3, to display Research methodology and techniques.

Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;

Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;

Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis

Chapter 10, focus on identifying the key industry influencer's, overview of decision framework accumulated through Industry experts and strategic decision makers;

Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels and demand & supply.

Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)

Chapter 15, deals with Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

…….. and view more in complete table of Contents

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This release was published on openPR.