Healthcare 3D Printing Market Size By Product (Syringe based, Magnetic Levitation, Laser based, Inkjet based), By Technology (Stereolithography (SLA), Fused deposition modeling (FDM), Selective Laser Sintering (SLS), Other), By Application (Biosensors, Medical { Pharmaceutical, Prosthetics and Implants, Tissue and Organ Generation}, Dental), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Spain, Italy, France, Russia, China, Japan, India, South Korea, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia), Application Development, Price Trend, Competitive Landscape & Forecast, 2017 – 2024

Published Date: July 2017 | 150 Pages | Report ID: GMI1997 Report Format: PDF

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Summary Table of Contents Industry Coverage Methodology

Industry Trends

Healthcare 3D Printing Market size was valued over USD 450 million in 2016 with expectations to witness over 20% CAGR from 2017-2024.
 

U.S. Healthcare 3D Printing Market Share, By Technology 2013-2024 (USD Million)
U.S. Healthcare 3D Printing Market Share, By Technology 2013-2024 (USD Million)

 

Increasing demand for patient-specific dental, orthopedic and maxillofacial products should drive global healthcare 3D printing market size.  It improves productivity by reducing lead time by simplification of logistics and supply chain. Increasing capability to develop customized products and reduce wastage of materials should further stimulate industry growth.
 

Advances in 3D technology should allow medical companies to develop new product lines, reduce operational cost or widen their customer base. Increasing R&D activities coupled with ease of usage and flexibility in rapid prototyping will accelerate business growth.
 

Absence of structured regulatory framework, non-uniform reimbursement policies, high cost of 3D printers and copyright & patent infringement issues are some of the factors that may restrain the forecast industry growth. Lack of technical expertise and concerns pertaining to biocompatibility of 3D printed medical devices should further confine industry expansion.
 

Healthcare 3D Printing Market, By Product

Syringe based 3D printing dominated the industry revenue in 2016, owing to improvements in technology and the ability of a printers to work with soft materials. 3D bio printers are based on syringe-based extrusion of both polymeric substances and hydrogels. Flexibility and ease of usage should boost its demand over forecast years.
 

Magnetic levitation should witness lucrative growth over the coming years. It separates circulating tumor products (CTCs) from unprocessed whole blood without using antibodies. It also distinguishes cancer products with ideal magnetic blueprint compared to the blood products fueling effective CTC diagnosis and care.
 

Healthcare 3D Printing Market, By Technology

Fused deposition modeling (FDM) dominated the overall industry revenue share in 2016 owing to their increased application in dental clinics, hospitals and medical device customization. FDM has increasing applications in prototyping scaffolds for medical tissue engineering.
 

Stereolithography (SLA) should experience significant growth over the forecast years due to its numerous application in medical modeling and prototyping. SLA can be used to create 3D models, medicine, segmentation and layering, aid diagnosis, implant design, additive manufacturing (3D) process and preoperative planning. These factors should drive healthcare 3D printing market size over the forecast timeframe.
  

Healthcare 3D Printing Market, By Application

Medical application held more than 45% revenue share in 2016, due to R&D activities for 3D printing processes for living organs such as, liver, heart, ear, etc. Moreover, technological advances in 3D printed skin, stem cell products, bone and cartilage and surgical tools should drive industry growth over the forecast period.
 

Dental application will experience significant growth over the forecast period. Growing patient demand for dental applications and customization at affordable price will drive segment growth.
 

Healthcare 3D Printing Market, By Region

U.S. healthcare 3D printing market accounted for more than 90% of regional revenue share in 2016 with expectations to offer lucrative growth over the forecast years. Some of the factors stimulating the industry growth include growing patient awareness, rising R&D investments, and improved healthcare infrastructure associated with the development of 3D printing products.
 

Canada will experience a considerable growth over the forecast years. Centre for Regenerative Medicine & Musculoskeletal Research is using 3D printing to create replacement parts that imitate patient’s own joints. Increasing advances in 3D printing biomaterials and growing geriatric patient pool will provide immense growth opportunities over the forecast years.
 

Germany healthcare 3D printing market contributed to significant regional business share owing to rising healthcare expenditure and presence of leading industry. Extensive research on 3D printed materials will further accelerate industry growth.
 

China healthcare 3D printing market size will have significant growth opportunities over the forecast years. Rising focus on 3D bioprinting research and increasing number of 3D printer manufacturing setups will boost the industry growth.
 

Competitive Market Share

Some of the prominent companies operating in healthcare 3D printing market include Organovo Holding, Stratasys, 3D Systems, Reninshaw, Aspect Biosystems, Bio3D Technologies, Cyfuse Biomedical, 3Dynamics Systems, Envision TEC and Materialise.
 

The major strategies adopted by the industry participants include new product launch, mergers and acquisition, geographical expansion, agreements, and collaborations. For instance, in January 2017, Materialise entered into collaboration with Siemens for the advancement of additive manufacturing which would offer process design & manufacture parts through the additive manufacturing technology.
 

 

Healthcare 3D Printing Industry Background

Technological advances in 3D printing materials and strategic collaboration among industry plyers will drive global healthcare 3D printing industry. Medical 3D printing is the most rapidly evolving technology in medical research and have potential to transform the healthcare system in the near future. For instance, in January 2013, Engineers at Nano3D Biosciences has launched a new technology in which they magnetically levitate four kinds of products and assemble them into lung tissue. 3D printing technique enables specialist doctors to improve the success rates in case of complicated procedures. Furthermore, this technology has transformed preclinical drug testing by enabling testing on 3D printed organs as a substitute to animal testing. Recent success in the 3D printing of tablets has opened up new opportunities for 3D printing technology in the pharmaceutical industry. Medical University of South Carolina and the University of Massachusetts researchers are using 3D printing to develop standard procedure for imaging brain disorders.

 


What Information does this report contain?

What was the historic market data from 2013 to 2016, what is the industry growth forecast from 2017 to 2024?
A detailed analysis of regulatory trends, growth drivers, industry pitfalls, challenges and opportunities for participants
Which are the leading market products, applications & regions and how will they perform by 2024?
What are the technology & innovation trends, how will they evolve by 2024?
Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?


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