Healthcare Additive Manufacturing Market Expected To Grow With USD 4.3 Billion By 2026


 San Francisco, 23 Nov 2020: The Report Healthcare Additive Manufacturing Market Size, Share & Trends Analysis Report By Technology (Laser Sintering, Stereolithography), By Application (Medical Implants, Prosthetics), By Material, And Segment Forecasts, 2019 - 2026

The global healthcare additive manufacturing market size is expected to reach USD 4.3 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 20.8% during the forecast period. Increasing need for customized medical products such as implants coupled with the introduction of advanced technologies to produce simple as well as complex designs is driving the growth.

Benefits of Additive Manufacturing (AM) such as application of advanced technologies; use of wide range of materials like metal, plastics, and polymers; flexibility in design; build speed; dimensional accuracy; and ability to produce complex parts or geometry such as cooling channels and honeycomb structure drive it preference over conventional manufacturing.

Production of implants and prosthetics is the largest application for additive manufacturing in the healthcare industry. Increasing demand for orthopedic procedures such as knee ND hip replacements due to the rising geriatric population is anticipated to bode well for the market growth. Trauma-associated devices like spinal implants are also anticipated to witness increased demand over the forecast period. Moreover, rising demand for dental implants driven by increasing application coupled with preference for prosthetics is expected to drive the market for healthcare additive manufacturing.

North America and Europe have led the healthcare additive manufacturing market in terms of both the revenue and market share in the past. Increased R&D activities, advanced healthcare system, presence of leading 3D printing machinery manufacturers and material suppliers, along with progressive healthcare system are projected to drive the growth of the market in these regions. North America is anticipated to continue holding the largest market share during the forecast period.

Access Research Report of Healthcare Additive Manufacturing Market @ https://www.grandviewresearch.com/industry-analysis/healthcare-additive-manufacturing-market

Healthcare Additive Manufacturing Market Report Highlights

  • Laser sintering accounted for the largest market share in 2018 owing to the ability of this technology to produce a number of pieces at a time
  • Polymers was the largest material segment in 2018 due to high usage of the material in creating medical instruments, prosthetic limbs, and other such accessories
  • North America dominated the healthcare additive manufacturing market with the largest share of 34.9% in 2018. Presence of a large pool of additive manufacturing companies with a robust distribution network in the U.S. is anticipated to fuel the regional growth
  • Asia Pacific is projected to witness the fastest CAGR of 27.0% during the forecast period, attributed to the high demand for dental 3D printing driven by rising number of people undergoing tooth replacement surgeries
  • Few of the key market players include GE Additive; 3D Systems, Inc.; EnvisionTEC; regenHU; Allevi, Inc.; EOS GmbH; Materialise N.V.; Stratasys Ltd.; Nanoscribe GmbH; GPI Prototype; and Manufacturing Services, LLC.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global healthcare additive manufacturing market based on product type, disease indication, end use, and region:

Healthcare Additive Manufacturing Technology Outlook (Revenue, USD Million, 2015 - 2026)

  • Stereolithography
  • Deposition Modeling
  • Electron Beam Melting
  • Laser Sintering
  • Jetting Technology
  • Laminated Object Manufacturing
  • Others

Healthcare Additive Manufacturing Application Outlook (Revenue, USD Million, 2015 - 2026)

  • Medical Implants
  • Prosthetics
  • Wearable Devices
  • Tissue Engineering
  • Others

Healthcare Additive Manufacturing Material Outlook (Revenue, USD Million, 2015 - 2026)

  • Metals and Alloys
  • Polymers
  • Biological Cells
  • Others

Healthcare Additive Manufacturing Regional Outlook (Revenue, USD Million, 2015 - 2026)

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

Access Press Release of Healthcare Additive Manufacturing Market @ https://www.grandviewresearch.com/press-release/global-healthcare-additive-manufacturing-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

Food Additives Market Size & Share Hit USD 55.53 Billion By 2022 : Grand View Research Inc.

Image
San Francisco, 17 October 2019:   The Report   Global Food Additives Market   Analysis By Product Flavors & Enhancers (Natural, Artificial), Sweeteners (High Intensity, HFCS), Enzymes, Emulsifiers (Mono, Di-Glycerides, Lecithin, Stearoyl Lactylates, Sorbitan Esters), Shelf-life Stabilizers, Fat Replacers (Protein, Starch)] And Segment Forecast To 2022 Global food additives market is expected to reach USD 55.53 billion by 2022, according to a new study by Grand View Research, Inc. Food & beverage industry growth in BRICS and Middle East on account of rising domestic consumption and increasing foreign direct investments is expected to augment market growth. Asia Pacific is expected to be one of the most promising markets on account of growing domestic consumption in China and India owing to population growth and new product launches by food & beverage manufacturers. Availability of raw materials such as sorbitol and lactic acid in China, Indonesia, and Malaysia in light o
Read more

Integration Platform as a Service Market Valuation Is Expected To Exceed USD 2.70 Billion By 2025: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Integration Platform as a Service (IPaaS) Market  Analysis By Integration Type (API, Process, Application, Data), By Services, By Deployment (Cloud, On-Premise, Hybrid) By Region, And Segment Forecasts, 2018 – 2025 The global integration platform as a service (IPaaS) market is expected to reach USD 2.705.8 million by 2025, according to a new report by Grand View Research, Inc. Rising need of advanced systems to improve the process of deploying, developing, and managing enterprise applications globally has been a major factor driving market growth. In addition, recent developments in big data, cloud computing, and Internet of Things (IoT) within organizations’ processes also paved the way for greater development of IPaaS solutions. Integration Platform as a Service is an emerging technology where in the applications, process, data, and application programs are integrated. The integration enables enterprises to reduce the complexity
Read more