3D Printing for Medical Sector Market

Global 3D Printing for Medical Sector Market, By
Technology, By Application and By Geography - Trends
and Forecast till 2024
3D printing is a rapidly emerging cost-effective technology with significant potential to
transform healthcare delivery and clinical activities. This technology can be used in a range of
devices such as prostheses, hearing aids, custom-made knee and hip implants, dental implants,
and surgical instruments. The global 3D printing for medical sector market was valued at US$
412.2 million in 2015 and is expected to expand at a CAGR of 11.7% during the forecast period
(2016 – 2024).
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Reasonable price of 3D printed medical products leading to increasing popularity
Regional governments of various countries are focusing on burden of expensive medicines on
patients through effective price control measures. However, reducing profit margins negatively
impact investments in research and development (R&D) phase. 3D printed medical products can
effectively address the concerns of governments and the industry. Spritam (Levetiracetam) from
Aprecia Pharmaceuticals, is the first 3D printed tablet that received U.S. FDA approval in March
2016. Low cost of production would in turn reduce cost of product and make it more affordable
to patients. Researchers are the University of Toronto, Autodesk Research, and CBM Canada
used 3D printing to produce low cost customizable prosthetic sockets for patients especially in
low-income countries especially Uganda. This would further boost investment in 3D printing by
healthcare providers to reduce product cost and increase profit margins.
Market Dynamics
3D printing offers various benefits such as pre-operative planning of medical procedures based
on the 3D model, creating anatomical models for training, creating medical products at lower
costs, and possibility of manufacturing medical devices of smaller form factors with higher
precision. Increasing awareness about cost benefits offered by this technology has increased its
usage in hospitals, dentists, pharmaceutical companies, academic institutions, and medical
clinics is propelling the market growth for 3D printing. Furthermore, growing demand for organ
transplantation and funding from government and private Institution are analyzed be the major
factors propelling growth of 3D printing application in the medical sector.
Report includes chapters which deeply display the following deliverable about industry :
• Global 3D Printing for Medical Sector Market Research Objective and Assumption
• Global 3D Printing for Medical Sector Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Global 3D Printing for Medical Sector Market Dynamics, Regulations, and Trends Analysis Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Global 3D Printing for Medical Sector Market, By Regions
• Global 3D Printing for Medical Sector Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Global 3D Printing for Medical Sector Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Global 3D Printing for Medical Sector Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Global 3D Printing for Medical Sector Market Forecast including Production, Consumption,
Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Market Taxonomy
This report segments the global 3D printing for medical sector market on the basis of
technology, application, and end user. On the basis of technology, the global 3D printing
market is classified into electron beam melting, laser beam melting, droplet deposition and
photopolymerization. Applications of 3D printing include tissue engineering, surgical implants,
healthcare research and development (R&D), and others. 3D Printing technology is used for
medical applications across pharmaceuticals and biotech companies, medical devices companies
and academic and research institutions.
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Key companies covered as a part of this study include 3T RPD, Ltd., EnvisionTEC, Inc., Arcam
AB, 3D Systems, Inc., Eos GmbH Electro Optical Systems, Renishaw plc, Stratasys Inc.,
Materialise NV, and Organovo Holdings, Inc.
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3D printing is a rapidly emerging cost-effective technology with significant potential to transform healthcare delivery and clinical activities.

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