Abstract
Summary
Global Healthcare 3D Printing Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. 3D printing is also known as additive manufacturing, which is a technology for creating three-dimensional solid objects in the healthcare sector. 3D printed objects are produced through additive methods in which an object is produced by adding layers of material one after another until the product is made. The successive layers are placed over one another to make a 3D-printed object. The use of 3D printing has advanced from prototyping in a variety of applications to the creation of functional components and goods. Factors such as the rising focus on the advancement of healthcare facilities, the increasing geriatric population, and surging demand for personalization and customization of medical products are attributing to the growth of the market.
The rising incidences of various disorders such as cardiovascular, orthopedic, and others are propelling the demand for 3D printing. 3D printing plays a vital role in enhancing data visualization during diagnosis, treatment planning, and surgical procedures for cardiology. According to the World Health Organization (WHO) report 2021, it was estimated that over 17.9 million fatalities in 2019 were caused by cardiovascular diseases, accounting for nearly 32% of all deaths worldwide. Additionally, according to the National Library of Medicine, India has the highest global burden of cardiovascular disease (CVD). It is projected that approximately 4.77 million CVD-related fatalities in India during 2020, which is an increase from 2.26 million in 1990. \Hence, the increasing incidences of cardiovascular illness are accelerating the growth of the market. Moreover, the rising technological developments, as well as the heavy investments in R&D activities are presenting various lucrative opportunities over the forecasting years. However, the high cost associated with 3D printing and the lack of skilled labor is hampering the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Healthcare 3D Printing Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the growing investments for R&D facilities, development of 3D printing-based products, and rising awareness among patients. Whereas, the Asia Pacific is also expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising focus on the advancement of healthcare infrastructure, and increasing demand for customized medical equipment in the market space.
Major market players included in this report are:
Envision TEC
Stratasys Inc.
Materialise NV
3D Systems Software
Bio-Rad Laboratories
Simbionix
RegenHU Ltd.
Bio3D Technologies Pte Ltd.
3D Matters Pte Ltd.
3D Systems Corporation (3DS)
Recent Developments in the Market:
In October 2021, Henkel announced the introduction of its new class of 3D Printing resins for healthcare applications under its leading Loctite brand.3D Printing resins for healthcare applications. The broad portfolio of high-performance photopolymers delivers a variety of biocompatibility standards from safe-to-touch parts to medical devices.
Global Healthcare 3D Printing Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Raw Materials, Application, Technology, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Raw Materials:
Ceramics
Metals
Polymers
Biological Cells
By Application:
Surgical Guides
Implants
Surgical Instruments
Bioengineering
By Technology:
Electron Beam Melting
Laser Beam Melting
Photopolymerization
Droplet Deposition
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Table of Contents
1 Executive Summary
1.1 Market Snapshot
1.2 Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1 Healthcare 3D Printing Market, by Region, 2019-2029 (USD Billion)
1.2.2 Healthcare 3D Printing Market, by Raw Materials, 2019-2029 (USD Billion)
1.2.3 Healthcare 3D Printing Market, by Application, 2019-2029 (USD Billion)
1.2.4 Healthcare 3D Printing Market, by Technology, 2019-2029 (USD Billion)
1.3 Key Trends
1.4 Estimation Methodology
1.5 Research Assumption
2 Global Healthcare 3D Printing Market Definition and Scope
2.1 Objective of the Study
2.2 Market Definition & Scope
2.2.1 Scope of the Study
2.2.2 Industry Evolution
2.3 Years Considered for the Study
2.4 Currency Conversion Rates
3 Global Healthcare 3D Printing Market Dynamics
3.1 Healthcare 3D Printing Market Impact Analysis (2019-2029)
3.1.1 Market Drivers
- 3.1.1.1 Increasing demand for personalization and customization of medical products
- 3.1.1.2 Growing incidences of various disorders such as cardiovascular, orthopedic, and others
3.1.2 Market Challenges
- 3.1.2.1 High cost associated with 3D printing
- 3.1.2.2 Lack of skilled labor
3.1.3 Market Opportunities
- 3.1.3.1 Rising technological developments
- 3.1.3.2 Heavy investments in R&D activities
4 Global Healthcare 3D Printing Market Industry Analysis
4.1 Porter’s 5 Force Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitutes
4.1.5 Competitive Rivalry
4.2 Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3 PEST Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.4 Top investment opportunity
4.5 Top winning strategies
4.6 Industry Experts Prospective
4.7 Analyst Recommendation & Conclusion
5 Risk Assessment: COVID-19 Impact
5.1 Assessment of the overall impact of COVID-19 on the industry
5.2 Pre COVID-19 and post COVID-19 Market scenario
6 Global Healthcare 3D Printing Market, by Raw Materials
6.1 Market Snapshot
6.2 Global Healthcare 3D Printing Market by Raw Materials, Performance - Potential Analysis
6.3 Global Healthcare 3D Printing Market Estimates & Forecasts by Raw Materials 2019-2029 (USD Billion)
6.4 Healthcare 3D Printing Market, Sub Segment Analysis
6.4.1 Ceramics
6.4.2 Metals
6.4.3 Polymers
6.4.4 Biological Cells
7 Global Healthcare 3D Printing Market, by Application
7.1 Market Snapshot
7.2 Global Healthcare 3D Printing Market by Application, Performance - Potential Analysis
7.3 Global Healthcare 3D Printing Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4 Healthcare 3D Printing Market, Sub Segment Analysis
7.4.1 Surgical Guides
7.4.2 Implants
7.4.3 Surgical Instruments
7.4.4 Bioengineering
8 Global Healthcare 3D Printing Market, by Technology
8.1 Market Snapshot
8.2 Global Healthcare 3D Printing Market by Technology, Performance - Potential Analysis
8.3 Global Healthcare 3D Printing Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
8.4 Healthcare 3D Printing Market, Sub Segment Analysis
8.4.1 Electron Beam Melting
8.4.2 Laser Beam Melting
8.4.3 Photopolymerization
8.4.4 Droplet Deposition
9 Global Healthcare 3D Printing Market, Regional Analysis
9.1 Healthcare 3D Printing Market, Regional Market Snapshot
9.2 North America Healthcare 3D Printing Market
9.2.1 U.S. Healthcare 3D Printing Market
- 9.2.1.1 Raw Materials breakdown estimates & forecasts, 2019-2029
- 9.2.1.2 Application breakdown estimates & forecasts, 2019-2029
- 9.2.1.3 Technology breakdown estimates & forecasts, 2019-2029
9.2.2 Canada Healthcare 3D Printing Market
9.3 Europe Healthcare 3D Printing Market Snapshot
9.3.1 U.K. Healthcare 3D Printing Market
9.3.2 Germany Healthcare 3D Printing Market
9.3.3 France Healthcare 3D Printing Market
9.3.4 Spain Healthcare 3D Printing Market
9.3.5 Italy Healthcare 3D Printing Market
9.3.6 Rest of Europe Healthcare 3D Printing Market
9.4 Asia-Pacific Healthcare 3D Printing Market Snapshot
9.4.1 China Healthcare 3D Printing Market
9.4.2 India Healthcare 3D Printing Market
9.4.3 Japan Healthcare 3D Printing Market
9.4.4 Australia Healthcare 3D Printing Market
9.4.5 South Korea Healthcare 3D Printing Market
9.4.6 Rest of Asia Pacific Healthcare 3D Printing Market
9.5 Latin America Healthcare 3D Printing Market Snapshot
9.5.1 Brazil Healthcare 3D Printing Market
9.5.2 Mexico Healthcare 3D Printing Market
9.5.3 Rest of Latin America Healthcare 3D Printing Market
9.6 Rest of The World Healthcare 3D Printing Market
10 Competitive Intelligence
10.1 Top Market Strategies
10.2 Company Profiles
10.2.1 Envision TEC
- 10.2.1.1 Key Information
- 10.2.1.2 Overview
- 10.2.1.3 Financial (Subject to Data Availability)
- 10.2.1.4 Product Summary
- 10.2.1.5 Recent Developments
10.2.2 Stratasys Inc
10.2.3 Materialise NV
10.2.4 3D Systems Software
10.2.5 Bio-Rad Laboratories
10.2.6 Simbionix
10.2.7 RegenHU Ltd
10.2.8 Bio3D Technologies Pte Ltd
10.2.9 3D Matters Pte Ltd
10.2.10 3D Systems Corporation (3DS)
11 Research Process
11.1 Research Process
11.1.1 Data Mining
11.1.2 Analysis
11.1.3 Market Estimation
11.1.4 Validation
11.1.5 Publishing
11.2 Research Attributes
11.3 Research Assumption