Pulished Date February, 2020
ID: 9235
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Global Healthcare 3D Printing Market Size, Share, Trends & Growth Analysis Report – Segmented By Component, Technology, Application, End-User & By Region (North America (United States, Canada & Rest of North America), Europe (United Kingdom, France, Spain, Germany, Italy and Rest of the Europe), Asia Pacific (India, China, Japan, South Korea, Australia, New Zealand & Rest of APAC), Latin America (Brazil, Mexico, Argentina, Chile & Rest of LATAM), Middle East and Africa (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA)) - Industry Size, Share, Demand, Strategy, Competition, Growth & Forecast | 2020 - 2025

Pulished: February, 2020
ID: 9235
Pages: 220

Healthcare 3D Printing Market Size & Growth (2020 – 2025)

The Global Healthcare 3D Printing Market was worth USD 973 Million in 2019 and is anticipated to grow at a CAGR above 18%.

3D printing (additive manufacturing) is a process that forms a three-dimensional object from a computer-aided design (CAD) model, mostly by successively adding material layer by layer, this is why it is also called additive manufacturing. 

3D printing or additive manufacturing in Healthcare is used for the development of new surgical cutting and drill guides, prosthetics and the creation of patient-specific replicas of organs, bones, and blood vessels. The recent developments in 3D printing in healthcare have led to lighter, stronger and safer products, lower costs and reduced lead times. The customized parts can be tailored to each individual which improves the understanding of patients by medical professionals and improves patient comfort level by allowing interaction with products that are designed especially for their anatomy type. 

The global Healthcare 3D Printing Market has witnessed significant growth in recent times due to the rapid technological advancements, an increase in investments in R&D activities, and rapid expansion of the customer base. Moreover, the increase in the scope of biomedical applications and efficient material usage is the fuelling factor in this Healthcare 3D Printing Market. In addition, the use of 3D printing in the healthcare industry is expected to facilitate effective pre-operative planning, better surgeon practice, and enhanced patient outcomes.

But the high cost involved in the purchase of 3D printers, lack of quality & regulatory frameworks for 3D printers and reimbursement challenges, are the key factors that are hampering the growth of the global Healthcare 3D Printing Market. Additionally, inadequate technical know-how in developing economies impedes the market boom.

Recent Developments

  • SLM Solutions Group AG, a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM which was headquartered in Lübeck, Germany, and Divergent Technologies has executed a letter of intent to purchase next-generation AM Machines and further increase their partnership strategically.
  • Mr. Czinger was appointed to expand and deepen the strategic partnership between the companies and the SLM Solutions Supervisory Board in June 2019.
  • 3D Systems DDD, a company that engineers, manufactures and sells 3D printers that were headquartered in Rock Hill, South Carolina, was developing tissue and scaffold bioprinting processes for third party companies, aiming to expedite the advancements in the biomedical industries by partnering with CollPlant Biotechnologies CLGN.

Drivers and Restraints of Healthcare 3D Printing Market

The reduction in cost & time in the medical procedures for the transplants, surgeries and rapid expansion of the customer base is one of the primary drivers of the global Healthcare 3D Printing Market. The best suitability as an alternative to animal testing with the organs made out of 3D printing technology, the customizations offered by this technology and efficient material usage are the fuelling factors of the market.

However, the stringent copyright & patent infringement systems and concerns regarding mechanical properties & biocompatibility are the challenges that are hindering the global Healthcare 3D Printing Market. Also, the lack of quality, regulatory frameworks for 3D printers and the inadequate technical knowledge about 3D printing technology in developing economies like India, China, etc., are considered as the restraints of the market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2019 – 2025

Base Year

2019

Forecast Period

2020 – 2025

Segments Covered

By Component, Technology, Application, End User and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

3D Systems Corporation, Exone, Formlabs, GE, Materialise NV, Oxferd Performance Materials, Inc., Organovo Holdings, Inc., Proto Labs, SLM Solutions Group AG, Stratasys Ltd., Aspect Biosystems, Cellink, Renishaw, Prodways and EnvisionTEC

 

This research report on the Global Healthcare 3D Printing Market segmented and sub-segmented into the following categories and analyzed market size and forecast for each segment until 2024.

Healthcare 3D Printing Market Analysis - By Component

  • System/Device
  • Materials
  • Services

By components of 3D printing in healthcare, the system/device segment is dominating the market by accounting for more than 50% of the global Healthcare 3D Printing Market in 2018. The growth of this segment is due to an increase in the adoption rate of 3D products, technological enhancements in the 3D printing systems & software, augmented investments in R&D activities for materials & methods used during 3D printing, rapid expansion in customer base, and increase in biomedical applications. However, the materials segment is anticipated to be the fastest-growing segment, owing to the increase in the adoption of 3D systems and a rise in the utilization of 3D printing technology.

Healthcare 3D Printing Market Analysis - By Technology

  • Droplet Deposition (DD)
  • Fused Deposition Modeling (FDM) Technology        
  • Low-temperature Deposition Manufacturing (LDM)
  • Multiphase Jet Solidification (MJS)
  • Photopolymerization
  • Stereolithography (SLA)
  • Continuous Liquid Interface Production (CLIP)
  • Two-photon polymerization (2PP)
  • Laser Beam Melting
  • Selective Laser Sintering (SLS)
  • Selective Laser Melting (SLM)
  • Direct Metal Laser Sintering (DMLS)
  • Electronic Beam Melting (EBM)
  • Laminated Object Manufacturing

Healthcare 3D Printing Market Analysis - By Application

  • External Wearable Devices
  • Clinical Study Devices
  • Implants
  • Tissue Engineering

From the application segmentation, the external wearable devices segment has acquired the major share of global Healthcare 3D Printing Market revenue. The growth of this segment is attributed to the presence of a large patient pool, liberalization of regulations for 3D printers & materials, an increase in adoption of 3D printing technology in dental clinics & hospitals, and customizations. However, the tissue engineering segment is estimated to register a higher CAGR in the forecast period because of the substantial investment in R&D activities, increase in the scope of biomedical applications, and technological advancements of 3D printers that could be used to produce customized external wearable devices.

Healthcare 3D Printing Market Analysis - By End-User

  • Medical & Surgical Centers
  • Pharmaceutical & Biotechnology Companies
  • Academic Institutions

Healthcare 3D Printing Market Analysis - By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

In the regional analysis of Healthcare 3D printing Market, North America was the leading the market globally, since 2018. It is also expected to continue its dominance during the forecast period. The growth of the market in this region is attributed to various technological advancements, widespread adoption of the 3D printing technology in the region, an increase in research & development investments, and several collaborations between academic & commercial organizations.

Key Players of Healthcare 3D Printing Market

  1. 3D Systems Corporation
  2. Exone
  3. Formlabs
  4. GE
  5. Materialise NV
  6. Oxferd Performance Materials, Inc.
  7. Organovo Holdings, Inc.
  8. Proto Labs
  9. SLM Solutions Group AG
  10. Stratasys Ltd.
  11. Aspect Biosystems
  12. Cellink
  13. Renishaw
  14. Prodways
  15. EnvisionTEC

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 3D Printing in Healthcare Market, By Component                     

                                6.1.1 System/Device     

                                6.1.2 Materials 

                                6.1.3 Services   

                                6.1.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.5 Y-o-Y Growth Rate Analysis              

                                6.1.6 Market Attractiveness Index           

                6.2 3D Printing in Healthcare Market, By Technology                      

                                6.2.1 Droplet Deposition (DD)    

                                6.2.2 Photopolymerization         

                                6.2.3 Laser Beam Melting            

                                6.2.4 Electronic Beam Melting (EBM)     

                                6.2.5 Laminated Object Manufacturing 

                                6.2.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.7 Y-o-Y Growth Rate Analysis              

                                6.2.8 Market Attractiveness Index           

                6.3 3D Printing in Healthcare Market, By Application                       

                                6.3.1 External Wearable Devices              

                                6.3.2 Clinical Study Devices         

                                6.3.3 Implants  

                                6.3.4 Tissue Engineering              

                                6.3.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.6 Y-o-Y Growth Rate Analysis              

                                6.3.7 Market Attractiveness Index           

                6.4 3D Printing in Healthcare Market, By End-User                           

                                6.4.1 Medical & Surgical Centers              

                                6.4.2 Pharmaceutical & Biotechnology Companies           

                                6.4.3 Academic Institutions        

                                6.4.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.4.5 Y-o-Y Growth Rate Analysis              

                                6.4.6 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Component      

                                7.2.3 By Technology       

                                7.2.4 By Application       

                                7.2.5 By End-User           

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Component      

                                7.3.3 By Technology       

                                7.3.4 By Application       

                                7.3.5 By End-User           

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Component      

                                7.4.3 By Technology       

                                7.4.4 By Application       

                                7.4.5 By End-User           

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Component      

                                7.5.3 By Technology       

                                7.5.4 By Application       

                                7.5.5 By End-User           

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Component      

                                7.6.3 By Technology       

                                7.6.4 By Application       

                                7.6.5 By End-User           

8. Key Player Analysis                                    

                8.1 3D Systems Corporation                       

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Exone                           

                8.3 Formlabs                     

                8.4 GE                  

                8.5 Materialise NV                          

                8.6 Oxferd Performance Materials, Inc.                 

                8.7 Organovo Holdings, Inc                         

                8.8 Proto Labs                   

                8.9 SLM Solutions Group AG                       

                8.10 Stratasys Ltd.                          

                8.11 Aspect Biosystems                

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global,Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of by type, application, end-use,along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Global 3D Printing in Healthcare Market By Region, From 2020-2025 ( USD Billion )

Global 3D Printing in Healthcare Market By Component, From 2020-2025 ( USD Billion )

Global System/Device Market By Region, From 2020-2025 ( USD Billion )

Global Materials Market By Region, From 2020-2025 ( USD Billion )

Global Services Market By Region, From 2020-2025 ( USD Billion )

Global 3D Printing in Healthcare Market By Technology, From 2020-2025 ( USD Billion )

Global Droplet Deposition (DD) Market By Region, From 2020-2025 ( USD Billion )

Global Photopolymerization Market By Region, From 2020-2025 ( USD Billion )

Global Laser Beam Melting Market By Region, From 2020-2025 ( USD Billion )

Global Electronic Beam Melting (EBM) Market By Region, From 2020-2025 ( USD Billion )

Global Laminated Object Manufacturing Market By Region, From 2020-2025 ( USD Billion )

Global 3D Printing in Healthcare Market By Application, From 2020-2025 ( USD Billion )

Global External Wearable Devices Market By Region, From 2020-2025 ( USD Billion )

Global Clinical Study Devices Market By Region, From 2020-2025 ( USD Billion )

Global Implants Market By Region, From 2020-2025 ( USD Billion )

Global Tissue Engineering Market By Region, From 2020-2025 ( USD Billion )

Global 3D Printing in Healthcare Market By End-User, From 2020-2025 ( USD Billion )

Global Medical & Surgical Centers Market By Region, From 2020-2025 ( USD Billion )

Global Pharmaceutical & Biotechnology Companies Market By Region, From 2020-2025 ( USD Billion )

Global Academic Institutions Market By Region, From 2020-2025 ( USD Billion )

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