Press release
Global 3D Printed Drugs Market Set to Reach USD 575.54 Million by 2030
Global 3D Printed Drugs Market Projected to Reach USD 575.54 Million by 2030The global 3D printed drugs market is experiencing significant growth, with projections indicating a rise from USD 334.30 million in 2023 to nearly USD 575.54 million by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 8.07% . This surge is driven by technological innovations in 3D printing procedures, the instant solubility of drugs in the mouth, and an increasing number of epilepsy patients.
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Competitive Landscape
Leading players in the 3D printed drugs market include Aprecia Pharmaceuticals, GlaxoSmithKline, and FabRx. These companies are actively engaging in research and development to enhance their market presence. Notably, Aprecia Pharmaceuticals successfully developed the world's first 3D printed drug, Spritam, which has gained approval from the U.S. Food & Drug Administration and is currently available in the U.S. market .
Regional Demand Highlights
The Asia-Pacific region is leading the 3D printed drugs market, holding a 34.1% share in 2023 and expected to witness lucrative growth with a CAGR of 18.2% during the forecast period . This growth is attributed to the rapid development of healthcare infrastructure and growing investment in research and development in countries like China and India.
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Country-Specific Insights
Growth Opportunities in Vietnam
Vietnam is emerging as a potential market for 3D printed drugs, with increasing investments in healthcare infrastructure and research and development. The country's focus on technological advancements in the pharmaceutical sector is expected to drive the adoption of 3D printed drugs.
Investment Trends in Thailand
Thailand is witnessing technological advancements in 3D bioprinting, particularly in dental and orthopedic applications. In 2024, a significant merger occurred between Thai Bioprinting Solutions and Global MedTech Inc., aimed at expanding domestic production of biomaterials .
Strategic Developments in Japan
Japan is projected to lead the Asia-Pacific 3D printed drugs market in terms of revenue by 2030 . The country's advancements in 3D printing technology and strong pharmaceutical industry are contributing to this growth.
Market Expansion in South Korea
South Korea is investing in 3D printing technologies for medical applications, including drug manufacturing. The government's support for innovation and research is expected to boost the 3D printed drugs market in the country.
Innovation Initiatives in Singapore
Singapore continues to be a hub for healthcare innovation, with significant investments in 3D printing technologies. The country's focus on personalized medicine and advanced manufacturing techniques is fostering the growth of the 3D printed drugs market.
Consolidation Activities in the United States
The United States remains a leader in the 3D printed drugs market, with companies like Aprecia Pharmaceuticals pioneering in this field. The FDA's approval of 3D printed drugs and ongoing research initiatives are driving market growth.
Technological Advancements in China
China accounted for 5.1% of the global 3D printed drugs market revenue in 2023 . The country's substantial investments in research and development, along with a growing pharmaceutical industry, are expected to enhance its market position.
Regulatory Developments in Europe
Europe is projected to witness satisfactory growth in the 3D printed drugs market during the forecast period, owing to growing health consciousness among people and advancements in healthcare technologies .
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Global 3D Printed Drugs Market Segmentation
by Scenario
Low Growth Scenario
Moderate Growth Scenario
Rapid Growth Scenario
by End User
Hospitals
Clinics
Research Laboratories
Other
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Global 3D Printed Drugs Market Key Players
Aprecia
Extend Biosciences
Bioduro
Affinity Therapeutics
Osmotica Pharmaceuticals
Acrux
Thiomatrix
Ico Therapeutics Inc.
Formac Pharmaceuticals
BiopharmX
Pacira Pharmaceuticals Inc.
3D Printer Drug Machine
FabRx Ltd.
GlaxoSmithKline Plc.
Hewlett Packard Caribe
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