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The global 3D printing in healthcare market stood at a value of around USD 1617.56 million in 2023. The market is further expected to grow at a CAGR of 20.15% in the forecast period of 2024-2032 to attain a value of around USD 8440.43 million by 2032.
Based on technology, the electron beam melting segment is predicted to account for a significant market share in the 3D printing in healthcare industry. This increase can be attributed to the increased utilisation of electron beam melting technology in the production of customised orthopaedic implants. For instance, AK Medical, a leading supplier of orthopaedic implants, deployed a troop of eight GE Additive Arcam EBM additive manufacturing machines to meet the rising implant demand in China.
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In addition, the electron beam melting technology helps enhance productivity while reducing the production cost and ensuring a cleaner environment with no residual stress. These factors are predicted to aid the market growth in the forecast period.
North America is estimated to hold a considerable share of the 3D printing in healthcare industry in the forecast period. This growth can be attributed to the growing investments in the healthcare industry in the region. In addition, the rising incidences of chronic illnesses and the rapidly increasing geriatric population are also significant factors leading to the industry growth. Moreover, the increased deployment of digital solutions across industry verticals is also predicted to aid the market growth. Furthermore, increased investments in the research and development of 3D printing technology to improve its utility in the medical sector are expected to pose a lucrative opportunity for the industry growth.
3D printing is a developing technology, which is being used across industries. It is an additive manufacturing mechanism, which creates three-dimensional objects using digital prototypes made using magnetic resonance image (MRI) and computer-aided design (CAD) drawing technologies. In the healthcare sector, 3D printing is used for digital fabrication of low-cost medical devices on-demand, such as in the creation of living human cells and tissues to be used in regenerative procedures. In addition, 3D printing can also be utilised in generating orthopaedic implants.
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By technology, the market is divided into:
On the basis of material, the industry can be segmented into:
Based on type, the market can be categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The increased expenditure in the medical sector is anticipated to propel the growth of the 3D printing in healthcare industry. This can be attributed to the rising demand for 3D printing technology across the medical sector. For instance, 3D printing finds usage in regenerative medicine procedures owing to an enormous shortage of organs. In this regard, 3D printing makes use of a combination of biomaterials and cells to formulate tissues. Moreover, the increased investment in the R&D of 3D printing technology to enhance the potential of creating fully functional organs is also estimated to aid the market growth. In addition, the rapidly increasing geriatric population with growing incidences of chronic illnesses is also expected to augment the industry growth. Furthermore, 3D printing also found increased usage in 2020, amid the COVID-19 outbreak, for instance, in the production of open source PPE for healthcare professionals. These factors are predicted to bolster the market growth in the coming years.
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The report gives a detailed analysis of the following key players in the global 3D printing in healthcare market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Technology |
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| Breakup by Material |
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global 3D printing in healthcare market attained a value of nearly USD 1617.56 million.
The market is projected to grow at a CAGR of 20.15% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 8440.43 million by 2032.
The major drivers of the industry, such as the increased demand for 3D printing technology in the medical sector, rising demand for orthopaedic implants, growing geriatric population, the rampant increase in the incidences of chronic illnesses, and the rapid investments in the R&D of 3D printing technology, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the heightened investments in the medical sector and advanced technological interventions.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant 3D printing technology considered within the market report include electron beam melting, photopolymerisation, droplet deposition, laminated object manufacturing, and others.
The significant materials include plastic, ceramic, metal, and others.
The major types include prosthetics, implant, hearing aid, surgical guides, and others.
The major players in the industry are 3D Systems, Inc., The ExOne Company, Formlabs Inc., General Electric Company, Materialise NV, and others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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