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Healthcare Additive Manufacturing Market is Set to Post Double-digit Growth as it Revolutionizes Traditional Healthcare Philosophy
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This research service analyses the Global 3-D Printing Materials Market for Healthcare Industry. The main segments covered by product type are plastic powders, plastic filaments, photopolymers, hydrogel, and metals and ceramics. Plastic powders are further sub-segmented into polyamide, PAEK, and others. Plastic filaments are sub-segmented into PLA, ABS, and others. Metals are sub-segmented into titanium, cobalt-chrome, steel, and others. Photopolymers are segregated into epoxies and hybrids, acrylates, and others. In terms of healthcare sectors, the market has been fragmented into medical, dental, and wearable devices. Healthcare product segments are represented by tissue and organ fabrication, prosthetics and implants, equipment and anatomical models. Major market drivers and restraints, regional demand outlooks, sector growth trends, product trends are also discussed. Unit shipment and revenue forecasts have been provided for each segment from 2015 to 2025. Competitive structure and market share data have been provided at top level. The competitive environment has been covered for each segment. The base year is 2018 and the forecast period ends at 2025.Influencing Factors: Production of prosthetics and implants is the largest application for 3-D printing in the healthcare industry. Design freedom, quick turnaround time, cost efficiency and ability to produce on demand are the few factors which exert major influence on the market penetration of 3-D printing technology in the healthcare industry. Lack of clarity among end users regarding the medium- and long-term benefits of adopting 3-D printing is a continuing challenge for the industry. Although 3-D printing is touted as the game-changer in healthcare services, the industry has witnessed low adoption owing to the lack of technical understanding as well as lack of clear regulatory guidance. The first-ever FDA guideline for 3-D printed healthcare products was published only in December 2017. As the regulations become clearer, the adoption of 3-D printing for body-touching devices is likely to increase.Regional Trends: North America and Europe have traditionally led the healthcare 3-D printing materials market in terms of demand as well as revenue, owing to high R&D and presence of leading 3-D printing machinery and material manufacturers, as well as a progressive healthcare system. North America is set to be the most attractive region over the forecast period and will lead regional demand in 2025. North America will be followed by Europe in terms of demand as well as revenue The Asia-Pacific region is a nascent market at present, with substantial growth potential. Japan and China have invested considerably in healthcare 3-D printing technology and a large population base in the region has potential to lead the market in the long term.
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