| Status : Published | Published On : Dec, 2023 | Report Code : VRHC1064 | Industry : Healthcare | Available Format :
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Page : 250 |
Global 3D Printing Market in Healthcare – Analysis and Forecast (2025-2030)
Industry Insights by Component (Materials, Service and Software and Equipment), by Technology (Photopolymerization, Electron Beam Melting, Laser Beam Melting, Laminated Object Manufacturing, Droplet Deposition and Three-Dimensional Printing), by Type (Surgical Guides, Tissue Engineering Products, Prosthetics and Implants and Surgical Instruments) and by End User (Hospitals, Ambulatory Surgical Centers and Others), and by Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)
Industry Overview
The global 3D Market in healthcare is expected to grow from 1.04 billion in 2023 to USD 5.79 billion in 2030 at a CAGR of 19.8% during the forecast period ranging from 2025 to 2030.
3D printing technology is the process of producing personalized medical equipment and devices, such as prosthetics and other products. This process revolutionizes the medical field with bioprinting and customized products, which further improves precision in personalized treatment approaches, lowers costs, and enhances patient outcomes.
The growth of the market is attributed to rapid developments in technology. This facilitates better personalized treatment procedures. In addition, the growth of the market is also attributed to the rise in demand among consumers for customized medicines that have higher efficacy and is safe to consume. It is also the result of a higher need for better outputs and the help offered in preparation for surgical procedures with higher accuracy and success rates.
The high cost of products as well as high capital requirements are two significant hindrances to the growth global 3D market in healthcare. Attempts to liberalize regulatory measures to allow new entrants to the market will offer significant market expansion opportunities. In addition, rapid technological developments offer significant growth opportunities to the market since they produce cost-effective solutions with higher applicability.
Market Segmentation
Insight by Component
The global 3D market in healthcare is divided by components into materials, equipment, service, and software segments. Out of these, the service and software segment will hold the largest share due to the growing improvement of advanced software solutions, the manufacture of high-quality products, and growing support and maintenance services. The equipment segment is also expected to grow at a higher CAGR during the forecast period due to higher adoption.
Insight by Technology
The global 3D market in healthcare is divided by technology into photopolymerization, electron beam melting, laser beam melting, laminated object manufacturing, droplet deposition, and three-dimensional printing segments. Out of all these segments, the photopolymerization segment is expected to grow more than the other segments due to higher usage in manufacturing implants, prosthetics, surgical guides, porous scaffolds, and dental restoration systems.
Insight by Type
Based on the type, the global 3D market in healthcare is divided into surgical guides, tissue engineering products, prosthetics and implants, and surgical instruments categories. The growing adoption of digital processes for precise surgical preparation will push the surgical guides segment further than the others.
Insight by End User
End users divide the global 3D market in healthcare into hospitals, ambulatory surgical centers, and other segments where the hospitals segment is expected to grow more during the forecast period due to extensive usage.
Global 3D Printing Market in Healthcare Report Coverage
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
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Base Year Considered |
2024 |
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Forecast Period |
2025 - 2030 |
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Market Size in 2023 |
U.S.D. 1.04 Billion |
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Revenue Forecast in 2030 |
U.S.D. 5.79 Billion |
|
Growth Rate |
19.8% |
|
Segments Covered in the Report |
By Component, By Technology, By Type and By End-User |
|
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
|
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Industry Trends
Several manufacturing companies are trying to enter the 3D printing market in healthcare. Another significant trend noticed is that there is a significant investment in research and development of improved products with better iterative design. Supply chain optimization is also witnessed due to lower costs and lead times.
Growth Drivers
The growing demand for implants and the rising aging population are the primary growth drivers of the global 3D market in healthcare. In addition, extensive use of this technology in the healthcare sector has also propelled the market growth. The increase in awareness among people regarding personal care, growing public-private investments, development of customized medical products, preference for direct digital production, and expiry of key patents are also fueling market growth. Apart from that, there is a significant rise in the number of hearing loss issues and dental problems, higher healthcare expenditure, and a growing need for organ transplants are also driving the market growth.
Challenges
The socio-ethical worries among the users pose significant challenges to the growth of the market. Additionally, the strict regulatory measures by the government coupled with the difficulty in getting approval for devices. This prevents widespread adoption and use and thereby prevents market growth. Moreover, patent issues also hinder the growth of the global 3D printing market in healthcare.
Opportunities
The significant benefits offered by 3D printing devices such as higher quality control, better image quality, and ease in operation allow higher adoption and extensive use across a wide range of applications and thereby present growth opportunities to the global 3D market in healthcare.
Geographic Overview
North America contributes the largest share of the market due to the growing demand for organ transplants, the growing aging population, the higher need for implants, and the increase in the number of patients with hearing loss and dental problems. Also, rapid technological developments, a robust healthcare infrastructure, and government-private funding to develop innovative 3D printing technologies and applications are fueling the market growth in this region.
The Asia-Pacific will, however, grow at a faster rate due to higher adoption of products, novel research, a large number of training centers, a growing senior population with dental issues or hearing loss problems, developing healthcare infrastructure, a huge population base, and higher healthcare expenditure.
Competitive Insight
Key players in the 3D printing market in healthcare are catering to the demand for these devices by investing in technologically advanced products in their product portfolio across the globe.
Stratasys Ltd., Renishaw plc, Concept Laser GmbH, EnvisionTEC GmbH, 3T RPD Ltd, Materialise NV, 3D Systems Corporation, Arcam AB, Prodways Group and EOS GmbH Electro Optical Systems are the key players offering 3D printing in healthcare.
Recent Developments by Key Players
Stratasys Ltd. partnered with BASF for commercial availability of a new 3D printing material, SAF Polypropylene (PP), designed for its H350 printer.
3D Systems DDD is expanding its footprint in the 3D Printing industry with the introduction of the EXT 800 Titan Pellet, the latest addition to its renowned EXT Titan Pellet systems portfolio.
The 3D Printing Market in Healthcare report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
- By Component Type
- Materials
- Service and Software
- Equipment
- By Technology
- Photopolymerization
- Electron Beam Melting
- Laser Beam Melting
- Laminated Object Manufacturing
- Droplet Deposition
- Three-Dimensional Printing
- By Type
- Surgical Guides
- Tissue Engineering Products
- Prosthetics and Implants
- Surgical Instruments
- By End User
- Hospitals
- Ambulatory Surgical Centers
- Others
Region Covered in the Report
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
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Source: VynZ Research
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3D Printing Market in Healthcare