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2025-2034 3D Printing In Healthcare Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the 3D Printing In Healthcare Market Through 2025?
In recent times, there has been a swift expansion in the market size of 3D printing in healthcare. It is projected to increase from $2.08 billion in 2024 to $2.49 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 19.7%. The historic period's growth has been propelled by factors such as advancements in medical imaging, customized patient care, regulatory approvals and standards, the rise in chronic diseases, and an increment in healthcare spending.
What's the Projected Size of the Global 3D Printing In Healthcare Market by 2029?
In the coming years, the market size of 3D printing in healthcare is predicted to undergo swift expansion. It is projected to reach $5.06 billion by 2029, registering a compound annual growth rate (CAGR) of 19.4%. Factors contributing to the forecast period growth include the rise of bioprinting, telehealth, remote medicine, an aging population surge, governmental support and funding, as well as patient enlightenment and involvement. Key trends within the forecast stretch include advancements in bioprinting, the production of personalized implants, the incorporation of artificial intelligence (AI), the creation of 3D-printed pharmaceuticals, and application in dental prosthetics and orthodontics.
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Top Growth Drivers in the 3D Printing In Healthcare Industry: What's Accelerating the Market?
The escalation in funding for 3D printing from government entities is set to boost the growth of 3D printing within the healthcare sector. Government initiatives, which encompass specific government-led actions, programs, or policies at various administrative levels, aim to address particular problems, reach established targets, or enhance the well-being of their people and the country's overall development. Such financial aid in 3D printing innovates conventional design processes and aid in creating a unique approach to optimizing individual patient therapy. For example, the University Hospital Hamburg-Eppendorf (UKE) earned €2 million ($2.13 million) in April 2022 from the REACT-EU program of the European Union for two investigative research initiatives, as per the Hamburg News, a Germany-based platform that shares updated information about the goings-on in and around the Hamburg metropolitan region. These studies concentrate on leveraging 3D printing and artificial intelligence to produce medications and implants. Hence, the growth of 3D printing in the healthcare sector is being driven by increased government financing for 3D printing. The healthcare sector's 3D Printing market is also set to benefit from a swell in chronic ailments. Chronic illnesses are enduring health issues, frequently incurable, like diabetes, hypertension, and arthritis. 3D printing plays a pivotal role in manufacturing custom medical devices and implants for chronic illness patients, improving treatments through tailored and precise solutions. For example, the National Institutes of Health (NIH), a U.S.-based biomedical research institution, reported in January 2023 that research predicts a significant increase in the onset of chronic diseases among U.S. working-age people, estimating a 99.5% rise in individuals aged 50 and above with at least one chronic illness from 2020 to 2035. Therefore, the surge in chronic diseases is leading to an elevated demand for 3D printing.
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What Trends Will Shape the 3D Printing In Healthcare Market Through 2029 and Beyond?
Major players in the 3D printing in healthcare sector are intensifying their efforts to develop state-of-the-art products with cutting-edge technologies, in order to secure a competitive advantage. The Dental 3D printer uses digital light processing (DLP) technology in sync with evolved resin science and 3D printing technology, offering superior strength, aesthetics, and durability. For instance, in February 2022, Desktop Health, a US-based company specializing in the creation and supply of 3D printing and fabrication solutions, introduced Einstein, the highest precision dental 3D printer, and Flexcera Smile Ultra+ Resin. This dental resin for 3D printed dental restorations uses digital light processing (DLP) technology for precise customizations. The combination of 3D printers and material assists dental professionals in delivering precise, 3D printed smiles that are tailored to individual patient needs for a variety of applications, both temporary and permanent. Notably, the advanced Flexcera Smile Ultra+ has obtained FDA 510(k) clearance as a Class 2 medical device, crafted for long-lasting, printable dental restorations.
What Are the Main Segments in the 3D Printing In Healthcare Market?
The 3D printing in healthcare market covered in this report is segmented -
1) By Component: System, Material, Services
2) By Technology: Laser Beam Melting (LBM), Electron Beam Melting (EBM), Photo Polymerization, Droplet Deposition, Laminated Object Manufacturing, Wax Deposition Modeling, Bio Printing
3) By Application: Personalized Medical Equipment, Models For Surgical Planning And Education, Prosthetics And Implants, Biomaterials, Printing Personalized Medicine, Other Applications
4) By End User: Medical And Surgical Centers, Pharmaceutical And Biotechnology Companies, Academic Institutions
Subsegments:
1) By System: 3D Printers, 3D Bioprinters, Scanners, Other Systems.
2) By Material: Plastics, Metals, Ceramics, Biomaterials, Other Materials.
3) By Services: Custom Prosthetics, Implants, Surgical Guides, Medical Device Prototyping, Tissue Engineering.
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Which Top Companies are Driving Growth in the 3D Printing In Healthcare Market?
Major companies operating in the 3d printing in healthcare market report are General Electric Company, Hewlett-Packard Company, Stratasys Ltd., EOS GmbH - Electro Optical Systems, 3D Systems Corporation, Proto Labs Inc., Formlabs Inc., Materialise NV, Ultimaker BV, SLM Solutions Group AG, Arcam AB, The ExOne Company, EnvisionTEC GmbH, Concept Laser GmbH, MedPrin Regenerative Medical Technologies Co. Ltd., Medical Molding Inc., Nanoscribe GmbH & Co. KG, Oxford Performance Materials Inc., Aspect Biosystems Ltd., FlashForge Corporation, Cyfuse Biomedical K.K., Mcor Technologies Ltd., Anatomics Pty. Ltd., Organovo Holdings Inc., 3D Bioprinting Solutions, Allevi Inc.
Which Regions Will Dominate the 3D Printing In Healthcare Market Through 2029?
North America was the largest region in the 3D printing in healthcare market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3d printing in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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