The global healthcare additive manufacturing market is expected to exhibit a CAGR of 19.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Additive manufacturing (AM) is utilized to manufacture prototypes with 3D computer-aided design (CAD). In the healthcare sector, AM is used for manufacturing diagnostic equipment and implants. It minimizes the production costs and reduces the number of in-theatre parts. It is a commercially viable alternative that facilitates complex geometries and mass customization of parts than traditional manufacturing methods such as milling, forging, and fabrication. Nowadays, healthcare AM finds application in orthopedics, implantology, and dentistry. It also provides personalization for medical practitioners and surgeons as it creates organic shapes specific to each user.
Healthcare Additive Manufacturing Market Trends:
The global healthcare AM market is primarily driven by the growing demand for customized medical implants. Healthcare AM helps achieve complex and customized medical components and parts such as tissues, organs, cranial implants, and prosthetics. Furthermore, the rise in the number of surgeries due to the growing prevalence of chronic disorders has necessitated the use of 3D printing technology. This allows surgeons to be more precise, reduce risks and operate faster, thereby providing a positive outlook for the market. Moreover, several innovations and technological advancements, such as the introduction of speed prototyping and testing materials and designs that are cost-effective in nature, are further contributing to the market growth. Various regulatory bodies, such as the United States Food and Drug Administration (US FDA), have been actively involved in understanding the technology to provide a broader pathway and aid efficient access to safe and effective innovations enabled by AM.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare additive manufacturing market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology, material and application.
Breakup by Technology:
- Deposition Modeling
- Electron Beam Melting
- Laser Sintering
- Jetting Technology
- Laminated Object Manufacturing
Breakup by Material:
- Metals and Alloys
- Biological Cells
Breakup by Application:
- Medical Implants
- Wearable Devices
- Tissue Engineering
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3D Systems Inc., 3T Additive Manufacturing Ltd., Allevi Inc., EnvisionTEC GmbH, EOS GmbH, Fathom, General Electric, Materialise, Nanoscribe GmbH & Co. KG, RegenHU and Stratasys Ltd.
|Base Year of the Analysis
| Historical Period
||Technology, Material, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||3D Systems Inc., 3T Additive Manufacturing Ltd., Allevi Inc., EnvisionTEC GmbH, EOS GmbH, Fathom, General Electric, Materialise, Nanoscribe GmbH & Co. KG, RegenHU and Stratasys Ltd.
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Key Questions Answered in This Report:
- How has the global healthcare additive manufacturing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global healthcare additive manufacturing market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global healthcare additive manufacturing market and who are the key players?
- What is the degree of competition in the industry?