Healthcare

According to a market report by Lucintel, the future of 3D printing materials in the global medical market looks promising with opportunities in medical & surgical centers, pharmaceutical & biotechnology companies, and academic institutions. The global use of 3D printing materials in the global medical market is expected to reach an estimated $0.63 billion by 2028 with a CAGR of 16.1% from 2023 to 2028. The major drivers for this market are increasing use of 3D printing materials to enable exploration of complicated body structure as an actual three-dimensional object, growing demand for human organ transplants, and availability of advanced and safe printing materials.



System, materials, and services are the major segments of 3D printing materials in medical market by component. Lucintel forecasts that system will remain the largest component segment over the forecast period due to the increasing demand from the healthcare industry for innovative full-color and multi-material 3D printing systems.



Within this market, medical & surgical centers are expected to remain the largest segment due to the increasing use of advanced 3D printing technology to enhance surgery outcomes and reduce complications.



North America will remain the largest region due to the increasing operation activity and supportive funding from government and private organizations for the adoption of modern technology in healthcare sector of the region.

Formlabs, General Electric, 3D Systems Corporation, Exone Company, and Materialise NV are the major suppliers of 3D printing materials in the global medical market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for 3D printing materials in the global medical market by component, technology, application, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for 3D Printing Materials in the Global Medical Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for 3D printing materials in the global medical market by component, technology, application, end use industry, and region, as follows:

 

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for 3D printing materials in the global medical market by component (system, materials, and services), technology (droplet deposition, photopolymerization, laser beam melting, electronic beam melting, laminated object manufacturing, and others), application (external wearable devices, clinical study devices, implant, and tissue engineering), end use industry (medical & surgical centers, pharmaceutical & biotechnology companies, and academic institutions), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?