Global Healthcare 3d Printing Market by Application (Surgical Guides, Surgical Instruments) Study by 2020
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- Category: Science
- Date Submitted: 09/18/2014 03:34 AM
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The global market for healthcare 3D printing is expected to reach USD 1,129.8 million by 2020, growing at an estimated CAGR of 15.6% from 2014 to 2020, according to a new study by Grand View Research, Inc. Growing need to produce automated products and increasing number of cost curbing initiatives undertaken by medical device manufacturers are expected to drive market growth during the forecast period. In addition, this technology serves as an effective tool in rendering simulations and clarity to healthcare practitioners while performing or preparing for complicated medical procedures.
Implants dominated the overall market in 2013, accounting for over 60.0% of global revenue, primarily owing to high procedure volumes. Growing demand for this technology as a cost effective and accurate tool is expected to drive segment growth during the forecast period.
The report “Healthcare 3D Printing Market Analysis By Application (Surgical Guides, Implants, Surgical Instruments, Bioengineering), By Technology (Electron Beam Melting, Stereolithography, Droplet Deposition Manufacturing), By Raw Material (Metals, Biological Cells, Polymers, Ceramics) And Segment Forecast to 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/healthcare-3d-printing-market
Further key findings from the study suggest:
• Polymers dominated the raw materials market in terms of share at over 35% in 2013 owing to their high usage rates in printing bio-models. The market for ceramics is expected to grow at a lucrative CAGR of 15.6% during the forecast period as it is widely used to manufacture the tooth or the mandible (jaw bone). Both these raw materials have been included in the U.S. FDA’s list of approved materials to be used for manufacturing implants that will be in contact with the body for long duration of time.
• Photo-polymerization dominated the overall technology market and was valued at...
Implants dominated the overall market in 2013, accounting for over 60.0% of global revenue, primarily owing to high procedure volumes. Growing demand for this technology as a cost effective and accurate tool is expected to drive segment growth during the forecast period.
The report “Healthcare 3D Printing Market Analysis By Application (Surgical Guides, Implants, Surgical Instruments, Bioengineering), By Technology (Electron Beam Melting, Stereolithography, Droplet Deposition Manufacturing), By Raw Material (Metals, Biological Cells, Polymers, Ceramics) And Segment Forecast to 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/healthcare-3d-printing-market
Further key findings from the study suggest:
• Polymers dominated the raw materials market in terms of share at over 35% in 2013 owing to their high usage rates in printing bio-models. The market for ceramics is expected to grow at a lucrative CAGR of 15.6% during the forecast period as it is widely used to manufacture the tooth or the mandible (jaw bone). Both these raw materials have been included in the U.S. FDA’s list of approved materials to be used for manufacturing implants that will be in contact with the body for long duration of time.
• Photo-polymerization dominated the overall technology market and was valued at...