CRI Report has released a report titled “Healthcare 3D Printing market – Analysis of Market Size, Share & Trends for 2020 – 2030 and Forecasts to 2030” which is anticipated to reach USD 13336.5 million by 2030. According to a study by CRI Report, the market is anticipated to portray a CAGR of 22.48% between 2020 and 2030. According to the report, Healthcare 3D printing refers to a wide range of 3D printing items and services used in the healthcare industry. While 3D printing has grown in popularity in the manufacturing industry, it has also seen widespread adoption in the healthcare industry, with new applications emerging. The growing need for patient-specific implants in orthopedic, dentistry and other types of procedures is one of the major reasons contributing to this. Furthermore, higher productivity and manufacturing accuracy are two additional reasons driving market expansion.
The market report on Healthcare 3D Printing market includes in-depth insights as:
- The estimated value of the market was USD 1755.5 million in the year 2020.
- Region-wise, the market in North America which held the largest market share in the year 2020, emerged as a key market for the Healthcare 3D Printing market.
- Based on Product, Syringe based emerged as a key segment in the Healthcare 3D Printing market.
- Based on Application, the Medical segment emerged as a key segment in the Healthcare 3D Printing market.
- Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.
“The healthcare 3D printing industry will experience exponential development as 3D printing technologies become more widely adopted. The need for 3D technologies among fracture patients, cancer patients, and skull-based tumors will propel the healthcare 3D printing industry to grow.”, according to this report
Healthcare 3D printing, also known as bioprinting, was formerly thought to be a distant dream. Nonetheless, advances in technology and long-term investments have made it a reality. Currently, 3D printers are assisting pharmaceutical companies in developing more precise drugs, enabling the rapid creation of medical implants, and altering the way surgeons and doctors plan surgical procedures. Organ replacement for human patients is one of the most obvious uses of healthcare 3D printing, but it is far from the only one. Additive manufacturing is another application of 3D printing in healthcare that is gaining traction.
Healthcare 3D Printing market is segmented by Product into Syringe based, Magnetic levitation, Laser based, and Inkjet based. Among these the Syringe-based segment dominated the market in 2020, accounting for the bulk of market share. The widespread usage of 3D printers in the fields of bioprinting, food printing, and embedded printing is one of the major drivers affecting market demand. Because the technology is still in its early stages of adoption, demand is expected to rise in the future years as a wider audience in the healthcare industry embraces 3D printing.
Key Players in the Market
- Some of the key players operating in the Healthcare 3D Printing market are Renishaw Plc, Bio-Rad Laboratories, 3D Systems Inc., Simbionix, RegenHU Ltd., Metamason, Stratasys Ltd., Nano3D Biosciences Inc.
Get Valuable Insights into Healthcare 3D Printing market
In the new report, CRI Report thrives to present an unbiased analysis of the Healthcare 3D Printing market that covers the historical demand data as well as the forecast figures for the period, i.e., 2020-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by Product into Syringe based, Magnetic Levitation, Laser-Based, Inkjet Based. By Technology into Fused Deposition Modelling (FDM), Selective Laser Sintering (SLS), Stereolithography. By Application into Biosensors, Medical (Pharmaceuticals, Prosthetics, and Implants, Tissue and Organ Generation), Dental. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.