Global Healthcare 3D Printing Market, By Modality (Standalone, Integrated), Components (Material, Hardware, Software, Services), Technology (Bioprinting, Droplet Deposition/Extrusion-Based Technologies, Photopolymerization, Laser Beam Melting, Electron Beam Melting (EBM), 3DP/Adhesion Bonding/Binder Jetting, Others), Application (Medical, Surgical, Pharmaceutical, Others), Medical Specialty (Orthopedics, Dental, Cardiovascular, Craniomaxillofacial (CMF), Neurosurgery, Oncology, Others), End User (Medical and Surgical Centers, Research Centers and Academic Institutions, Pharmaceutical and Biotechnology Companies, Others) – Industry Trends and Forecast to 2030.
Healthcare 3D Printing Market Analysis and Size
The process of 3D printing includes the manufacturing of objects that are dimensionally solid which are mainly used in the health care sector and is known in the name of additive manufacturing. Additive processes are put into use with a view to achieve 3D printed objects. Multiple layers are laid on each other in a successive manner to create an object while using the additive process for manufacturing. The layouts present themselves as very thin sliced layers in the form of a cross section obtained from the object. Customized medical devices and equipments that are utilized in the healthcare sector are manufactured with the help of this process. The rapidly increasing demand for personalized health care facilities which are provided by the use of customized medical equipments according to the requirement of the patient has emerged as a major growth factor for the 3D printing technology.
Moreover, many other advantages provided by 3D advanced technology as compared to the other traditional patterns which are utilized by decreasing the risks that are involved in operative procedures. The chances of sepsis can be controlled to a great extent by using these advanced technologies while performing the complex procedures which increases the success rate to a great extent. The exposure of the individual to anesthesia can be reduced to a great extent by using these advanced technologies for performing complex surgical procedures which will further expand the nasal drug delivery market’s growth rate in the future.
Data Bridge Market Research analyses that the healthcare 3D printing market which was USD 2.23 billion in 2022, and would rocket up to USD 9.57 million by 2030, and is expected to undergo a CAGR of 21.36% during the forecast period. This indicates that the market value. “Standalone” segment dominated the modality segment of the market due to the availability of technologically advanced standalone 3D printing devices, as well as increased research and development by key market players in preparation for the release of advanced standalone systems. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2014-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Modality (Standalone, Integrated), Components (Material, Hardware, Software, Services), Technology (Bioprinting, Droplet Deposition/Extrusion-Based Technologies, Photopolymerization, Laser Beam Melting, Electron Beam Melting (EBM), 3DP/Adhesion Bonding/Binder Jetting, Others), Application (Medical, Surgical, Pharmaceutical, Others), Medical Specialty (Orthopedics, Dental, Cardiovascular, Craniomaxillofacial (CMF), Neurosurgery, Oncology, Others), End User (Medical and Surgical Centers, Research Centers and Academic Institutions, Pharmaceutical and Biotechnology Companies, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Carbon, Inc. (US), Formlabs (US), 3T Additive Manufacturing Ltd (UK), Stratasys Ltd. (US), 3D Systems, Inc. (US), Organavo Holdings Inc. (US), CYFUSE BIOMEDICAL K.K. (Japan), CELLINK (US), Anatomics Pty Ltd (Australia), Block.one. (Germany), Renishaw plc (UK), SLM Solutions (Germany), FIT AG (Germany), Prodways Technologies (France), BOSON MACHINES (India), Advanced Solutions Life Sciences, LLC (US), Tinkerine Studios Ltd. (Canada) and Wacker Chemie AG (Germany), among others
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Market Opportunities
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Market Definition
Nasal medication delivery is the process of delivering pharmaceuticals or drugs through the nasal passage. The technology's main advantages are its high effectiveness and efficiency in treating the target illnesses. Because it comprises a relatively streamlined and methodical technique of drug distribution, this mode of drug delivery is known to be a direct alternative to invasive modalities.
Global Healthcare 3D Printing Market Dynamics
Drivers
- Growing public-private funding for 3D printing activities
There has been a significant increase in public-private funding to support various initiatives in the 3D printing industry in recent years which is further driving the growth of the healthcare 3D printing market.
- Technological developments
3D printing provides numerous technological advancements over traditional manufacturing processes, broadening its range of applications across industries will further accelerate the demand for the healthcare 3D printing market.
- Growing demand for patient-specific implants
Increasing demand for patient-specific implants in orthopaedic, dental, and other surgical procedures will further positively influence the growth rate of healthcare 3D printing market.
Opportunities
- Increasing production accuracy
The easy availability of nasal drugs and growing attention on alternative routes such as nasal drug delivery are further provide potential opportunities for the growth of the nasal drug delivery technology market in the coming years.
High production accuracy and growing demand for such technologically advanced devices is further estimated to provide potential opportunities for the growth of the healthcare 3D printing market in the coming years. This will extend profitable opportunities for the market players in the forecast period of 2023 to 2030.
Moreover, improvements in healthcare infrastructure in emerging markets have increased access to medical treatment, which will further expand the market and lead to the growth of the healthcare 3D printing market in the above mentioned projected timeframe.
Restraints/Challenges
- Rising difficulties regarding the overuse of nasal sprays
On the other hand, the difficulties regarding the overuse of nasal sprays is further projected to impede the growth of the nasal drug delivery technology market in the targeted period.Moreover,the regulatory hurdles might further challenge the growth of the nasal drug delivery technology market in the forecast future.
Moreover, this restraint lies in the need for rigorous clinical trials, safety assessments, and regulatory approvals for any new medication or therapy. These stringent processes can prolong the timeline and increase the costs associated with bringing innovative treatments to market, resulting in potential breakthrough treatments which are expected to become the biggest and foremost challenge for the growth of the market in the forecast period of 2023-2030.
This healthcare 3D printing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the healthcare 3D printing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In September 2020, nTop software platform company has announced that the company has raised funds by ntopology of approximately USD 40 million, for additive manufacturing process. This results in increasing product portfolio which leads to the growth of the company
Global Healthcare 3D Printing Market Scope
The healthcare 3D printing market is segmented on the basis of modality, components, technology, application, medical specialty and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Modality
- Standalone
- Integrated
Components
- Material
- Hardware
- Software
- Services
Technology
- Bioprinting
- Droplet Deposition/Extrusion-Based Technologies
- Photopolymerization
- Laser Beam Melting
- Electron Beam Melting (EBM)
- 3DP/Adhesion Bonding/Binder Jetting
- Others
Application
- Medical
- Surgical
- Pharmaceutical
- Others
Medical Specialty
- Orthopedics
- Dental
- Cardiovascular
- Craniomaxillofacial (CMF)
- Neurosurgery
- Oncology
- Others
End user
- Medical and Surgical Centers
- Research Centers and Academic Institutions
- Pharmaceutical and Biotechnology Companies
- Others
Global Healthcare 3D Printing Market Regional Analysis/Insights
The healthcare 3D printing market is analysed and market size insights and trends are provided by country, modality, components, technology, application, medical specialty and end user as referenced above.
The countries covered in the healthcare 3D printing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the healthcare 3D printing market due to the occurrence of key market players. Furthermore, the growing production capacities and rise in the healthcare expenses will further boost the growth of the healthcare 3D printing market in the region during the forecast period.
Asia-Pacific is expected to expand at a significant growth rate during the forecast period of 2023 to 2030 due to the rise in the adoption rates of 3D and 4D technologies such as a bionic hand by Youbionic, which adds values to the overall experience. Moreover, the ongoing healthcare infrastructure and rising health care expenses is further anticipated to propel the growth of the healthcare 3D printing market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The healthcare 3D printing market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for biomaterials market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the biomaterials market. The data is available for historic period 2010-2021.
Competitive Landscape and Healthcare 3D Printing Market Share Analysis
The healthcare 3D printing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to biomaterials market.
Some of the major players operating in the healthcare 3D printing market are:
- Carbon, Inc. (US)
- Formlabs (US)
- 3T Additive Manufacturing Ltd (UK)
- Stratasys Ltd. (US)
- 3D Systems, Inc. (US)
- Organavo Holdings Inc. (US)
- CYFUSE BIOMEDICAL K.K. (Japan)
- CELLINK (US)
- Anatomics Pty Ltd (Australia)
- Block.one. (Germany)
- Renishaw plc (UK)
- SLM Solutions (Germany)
- FIT AG (Germany)
- Prodways Technologies (France)
- BOSON MACHINES (India)
- Advanced Solutions Life Sciences, LLC (US)
- Tinkerine Studios Ltd. (Canada)
- Wacker Chemie AG (Germany)
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