Press release
Healthcare Additive Manufacturing Market Growth at 17.3% CAGR, Boosted by Advancements in 3D Printing Technologies and Rising Demand for Personalized Medical Solutions
Healthcare Additive Manufacturing Market
According to the latest research by InsightAce Analytic, the Global Healthcare Additive Manufacturing Market is valued at US$ 7.31 Bn in 2022, and it is expected to reach US$ 30.25 Bn by 2031, with a CAGR of 17.3% during a forecast period of 2023-2031.
Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/2085
Healthcare additive manufacturing, commonly known as medical 3D printing, involves the production of artificial human tissues, organs, and other medical structures using computer-aided design (CAD) software and additive manufacturing technologies. The process begins with a digital model, which is subsequently converted by the 3D printer into a physical object through the layer-by-layer addition of materials. The healthcare sector is currently experiencing substantial demand growth, driven by the increasing prevalence of chronic diseases and a rise in the number of surgical procedures, thereby presenting significant opportunities for market expansion during the forecast period. The future growth of the healthcare additive manufacturing market is expected to be further bolstered by continued economic progress and the introduction of innovative orthopedic products. However, the market's full potential is constrained by challenges such as a shortage of skilled professionals capable of operating these advanced machines. Additionally, the evolving regulatory landscape and the continuous advancement of new technologies are anticipated to intensify competition, further contributing to market growth.
List of Prominent Players in the Healthcare Additive Manufacturing Market:
• 3D Systems, Inc.
• EnvisionTEC
• RegenHU; Allevi, Inc.
• EOS GmbH
• Materialise N.V
• Stratasys Ltd.
• Nanoscribe GmbH
• GPI Prototype
• Manufacturing Services LLC
• 3T Additive Manufacturing Ltd.
• Fathom Manufacturing
• General Electric
Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2025-02
Market Dynamics:
Drivers:
The healthcare additive manufacturing market is set to experience substantial growth, driven by several key factors, including rising disposable incomes, changing consumer preferences, and the increasing availability of affordable generic alternatives. The ongoing rise in healthcare expenditures is further fostering infrastructure development within the sector. Additionally, advancements in healthcare technology, enhanced awareness efforts by both public and private sectors, and increased government funding are supporting market growth. Innovations in high-tech fields, the rapid production of medical implants, and other critical developments are expected to further stimulate global expansion in the healthcare additive manufacturing market.
Challenges:
Several challenges are hindering the market's growth, including limited awareness, high costs, and a shortage of skilled professionals, particularly in emerging economies that have been affected by lockdowns and isolation. Despite the potential advantages, the cost per unit of additive manufacturing remains high due to the significant upfront investments in machinery and the labor-intensive nature of the production process. The primary cost drivers include raw materials, labor, tooling, and finishing. These expenses, coupled with the potential adverse effects of certain medical products, pose ongoing barriers to the market's expansion in the foreseeable future.
Regional Trends:
The North American healthcare additive manufacturing market is expected to capture a significant market share and demonstrate strong compound annual growth, supported by the presence of advanced medical facilities, an aging population, high disposable incomes, robust public support for quality healthcare, and favorable reimbursement policies. Furthermore, government initiatives that promote research and development in additive manufacturing are accelerating market growth in the region.
In Europe, the market has experienced substantial growth, driven by a well-developed economy, cost efficiency, a skilled workforce, expanding healthcare infrastructure, and a rising incidence of conditions such as arthritis. The region's favorable economic outlook and the widespread unmet medical needs of its large population further contribute to its market share. The adoption of innovative strategies by key players in the healthcare additive manufacturing market, along with increasing collaborations between these players, are facilitating market penetration and offering significant opportunities for growth, thereby contributing to global market expansion.
Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/2085
Recent Developments:
• In April 2023, Stratasys has effectively enhanced the production volumes and profitability of additive manufacturing with the implementation of its latest software, GrabCAD Print Pro. The GrabCAD Print programme managed the print preparation procedure for Stratasys 3D printers. The newly developed Pro version was specifically tailored to cater to manufacturers' requirements to optimise the production of end-use components and transition towards larger-scale manufacturing capacities. The primary objective of its design was to enhance the precision of printed parts, minimise material wastage, and decrease the time required for part production.
• In Nov 2021, 3D Systems announced an array of innovations that increased customer success and stimulated industries. The company introduced high-throughput 3D printing technologies, formed a new partnership to offer industry-leading post-processing, enhanced additive manufacturing software, and developed a new production-grade photopolymer. By combining these cutting-edge innovations with the expertise of its Application Innovation Group, 3D Systems assisted its customers in overcoming limitations and advancing additive manufacturing (AM) performance and productivity in the healthcare and industrial markets.
Segmentation of 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
• Dental
By Material -
• Metals and Alloys
• Steel
• Titanium
• Polymers
• Nylon
• Glass-filled Polyamide
• Epoxy Resins
• Photopolymers
• Plastics
• Biological Cells
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/healthcare-additive-manufacturing-market/2085
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Healthcare Additive Manufacturing Market Growth at 17.3% CAGR, Boosted by Advancements in 3D Printing Technologies and Rising Demand for Personalized Medical Solutions here
News-ID: 3978752 • Views: …
More Releases from Insightace Analytic Pvt Ltd.
4PL Logistics Market Revenue Report with Forecast to 2034
"4PL Logistics Market" in terms of revenue was estimated to be worth $59.6 Billion in 2024 and is poised to reach $133.3 Billion by 2034, growing at a CAGR of 8.5% from 2025 to 2034 according to a new report by InsightAce Analytic.
Get Free Sample Report @
https://www.insightaceanalytic.com/request-sample/1609
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global 4PL Logistics Market are:
• Rapid growth of automotive the…
Heavy-Duty Autonomous Vehicle Market Exclusive Trends Analysis with Forecast to …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Heavy-Duty Autonomous Vehicle Market- (By Application (Logistics, Public Transportation, Construction and Mining, Others), By Propulsion Type (Internal Combustion Engine Vehicles, Electric Vehicles), By Vehicle Type (Heavy Trucks, Heavy Buses, Roboshuttles), By Level of Autonomy (Fully Autonomous Vehicles, Semi-Autonomous Vehicles), By Sensor Type (LiDAR, RADAR, Camera, Others)) Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According…
E-Commerce Logistics Market Exclusive Report with Detailed Study Analysis
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global E-Commerce Logistics Market Size, Share & Trends Analysis Report By Service Type (Transportation And Warehousing) And Operational Area (International And Domestic)- Market Outlook And Industry Analysis 2034"
The global e-commerce logistics market is estimated to reach over USD 5340.2 billion by 2034, exhibiting a CAGR of 26.4% during the forecast period.
Request For Free Sample Pages:…
E-bikes Market Exclusive Report on the Latest Revenue and Future Scope
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global E-bikes Market Size, Share & Trends Analysis Report By Class (Class-I, Class-II, Class-III), Speed (Up to 25km/h, 25-45 km/h), Battery Type (Lithium-ion, Lithium-ion Polymer, Lead Acid), Mode (Pedal Assist, Throttle), Component (batteries, electric motors, frames with forks, wheels, crank gears, brake systems and motor controllers) , Motor Type (hub and mid), Usage (mountain, trekking, city/urban,…
More Releases for Manufacturing
Manufacturing the Future: Exploring the In-Space Manufacturing Market
Rapid improvements in space technology have created new opportunities for in-space production, transforming the space sector. The in-space manufacturing sector is expanding rapidly as space agencies and private companies investigate ways to manufacture products and structures in space. According to MarketsandMarkets' thorough market research analysis, the worldwide in-space manufacturing market is predicted to expand significantly in the next years. In this blog article, we will evaluate the recent trends and…
Global Miscellaneous Market by Types (Gasket, Packing, and Sealing Device Manufa …
The global Miscellaneous market was valued at xx million in 2020 and is projected to reach US$ xx million by 2027, at a CAGR of xx% during the forecast period.
Global Miscellaneous Market overview
Miscellaneous Market research report offers great insights into the market and consumer data and their interpretation through various figures and graphs.
Miscellaneous markets have experienced significant growth in recent years. The main reason for this is the increasing…
Smart Factory Transforming from “Manufacturing” to “Intelligent Manufactur …
The concept of “Industry 4.0” was officially announced by the German government in 2013 at the Hannover Messe. Since then, its influence has taken the world by storm. From steam mechanization to power automation to data informatization, the Industry 4.0, driven by “intelligentization”, will completely subvert the expectations, changing perceptions of productivity and production relations in the traditional manufacturing industry by way of qualitative change – an immortal monument, perhaps,…
Additive & Conventional Manufacturing – Hybrid Manufacturing Techniques From C …
Croft Filters, based in Warrington, England, have been supplying custom filtration and separation solutions for over 31 years. Over this time, Croft has developed a reputation for their quality, bespoke service through manufacturing a variety of products for specific requirements. These products have included Filtration Cones, Baskets & Screens, Disc Filters and Filtration Housings amongst others, and they are made with Wire Mesh, Wedge Wire and Perforated Plate, depending on…
Digital Meter Market 2017 - Al-Jon Manufacturing, Environmental Manufacturing, H …
The Global Digital Meter Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Digital Meter industry. First, "Global Digital Meter Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Digital Meter industry chain structure.
Major Companies Covered in this report:-
Al-Jon Manufacturing
Heitman Laboratories
Kws Manufacturing Company
Kmb Systems
Obvius Holdingd Llc
Lubecorp Manufacturing
Quadlogic…
Competitive Segmentation of Global Mixed-mode Manufacturing Market 2016 Industry …
The market research report titled Mixed-mode Manufacturing Market Research Report 2016 provides a detailed overview of the global Mixed-mode Manufacturing market, in terms of crucial market factors such as the demand drivers, challenges, market segments, key companies, and the recent market trends. The quantitative and the qualitative information presented in this research study is based on primary and secondary sources of information. Moreover, much of the information contained in this…
