3D Printing for Medical Sector Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast to 2024

Global 3D Printing for Medical Sector Market, By Technology (Electron Beam Melting,
Laser Beam Melting, Droplet Deposition, and Photopolymerization), By Application
(Tissue Engineering, Surgical Implants, Healthcare Wearable Devices), By End User
(Pharmaceutical and Biotechnology Companies, Medical Devices Companies, Academic
and Research Institutions), and By Geography - Trends and Forecast till 2024
[DATE]
[COMPANY NAME]
[Company address]
3D PRINTING FOR MEDICAL SECTOR MARKET TO SURPASS
US$ 1.1 BILLION BY 2024
Report Description
The Global 3D Printing for Medical Sector Market is projected to reach US$ 1,109.2 million by 2024 experiencing market
growth at a CAGR of 11.7% from 2016 to 2024, according to a new report published by Coherent Market Insights. 3D
printing has revolutionized the way medical procedures are performed, medical training is provided, and cost-effective
medical products are being developed. Improved clinical outcomes is attracting the medical community to explore various
avenue of 3D printing in the medical sector.
3D printing has been around since 1984. However, until recent advancements in technology which attracted people’s
attention, 3D printing also gained traction for applications in healthcare. This includes development of surgical implants,
biological prototypes, artificial organs, and dental implants. Innovation in 3D printing technology is expected to drive down
healthcare costs much lower than current levels and increase medical product accessibility. Also, increasing demand for
personalized medicines, and reduction in manufacturing cost and time would propel demand for 3D printed medical
products in the near future. Wiiv—a Vancouver-based startup—uses 3D printing technology to create customized insoles
for patients suffering from joint discomfort, plantar fasciitis pain, and general foot fatigue.
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3D printing is a disruptive technology for conventional manufacturing process that involve major input costs, time, high
amount of waste, and high error rate. This is owing to the fact that 3D printing involves layer by layer printing which
eliminates waste generation and allows error-free process. Furthermore, the polygel technology enables producing
product or device in desired color utilizing different materials.
3D printing in the medical sector has gained significant success in the dental and orthopedic implant segments. Currently,
there is inadequate reimbursement for dental procedures in the U.S. 3D printed dental implants and products would lower
the cost of dental procedures, making it more affordable and accessible to patients.
Various technologies such as electron beam melting, laser beam melting, photo polymerization, droplet deposition, and
laminated object manufacturing are implemented in 3D printing of healthcare products. These technologies are gradually
evolving with increasing knowledge about 3D printing products and demand for innovative and personalized medical
products. However, clarity on regulatory aspects on manufacturing and approval process of 3D printed products is sought
for the technology to be implemented on a large scale. This would also enable pharmaceutical and medical device
manufacturers to focus on development of innovative healthcare products at low costs without compromising on profit
margins.
Despite significant advantages of this technology, 3D printing for medical sector technology is facing challenge in terms
of high installation cost of the machine in order to achieve desired operational efficiency. Moreover, lack of trained
professionals is also acting as a key challenge for its adoption. However, with the focus on introducing cost effective
products, pharmaceutical and medical device manufacturers are expected to invest a huge amount of capital in research
and development related to 3D printing.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/3d-printing-for-medical-sector-market-80
Key takeaways of the market:
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The droplet deposition technology is a principle technology used in 3D printing primarily due to high heat and
chemical durability. This technology segment held a market share of around 35% (in terms of revenue) in 2015.
The surgical implants application segment dominated the market in 2015, value of US$ 265.0 million. Large pool
of patients suffering from dental issues, cardiovascular, metabolic and bone disorders, is attributable to this
dominant market value.
Currently, 3D printing is highly used in the academic and research institutes for creating 3D printed biological
models which are used for training and pre-operative preparation purpose
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In 2015, North America dominated the global 3D printing for medical sector market (in terms of revenue) owing
to favorable government policies for 3D printing and also rapid adoption of 3D printing in improving health
outcomes. However, demand for 3D printing for medical application is expected to increase rapidly in the Asia
Pacific region owing to favorable government policies propelling investments and use of 3D printing in medical
sector For instance, Shanghai Children's Medical Center opened China’s first pediatric-specific 3D printing
medical research unit in 2015. Furthermore, Chinese government, in July 2016, announced the establishment of
its first 3D printing factory specifically for medical products in Chongqing, Southwest China.
Market players are collaborating for conducting research and developing 3D printed products at affordable price.
Johnson & Johnson collaborated with Organovo in January 2016 to study the viability of bioprinted human tissue
in testing new drugs. Also, Stratasys, Inc. partnered with a New York-based Jacobs Institute in April 2016 to
establish a new Center of Excellence (COE) at the institute. This COE will be aimed at using 3D printing to
develop and assess new medical devices and promote clinical education and training.
Browse Press Release : https://www.coherentmarketinsights.com/press-release/3d-printing-for-medical-sectormarket-to-surpass-us-11-billion-by-2024-7
TABLE OF CONTENT
Table of Contents
1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
 Market Definition and Scope
o Executive Summary
 Market Snippet By Technology
 Market Snippet By Application
 Market Snippet By End User
 Market Snippet By Region
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
 Drivers
 Supply Side Drivers
 Demand Side Drivers
 Economic Drivers
 Restraints
 Market Opportunities

Regulatory Scenario
 Industry Trend
 Merger and Acquisitions
 New Product Approvals/Launch
o Cost Tier Down Analysis
4. Global 3D Printing for Medical Sector Market, By Technology, 2014 - 2024 (USD Million)
o Introduction
 Market Share Analysis, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, 2014 - 2024
 Segment Trends
o Electron Beam Melting
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Laser Beam Melting
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Droplet Deposition
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Photopolymerization
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
5. Global 3D Printing for Medical Sector Market, By Application, 2014 - 2024 (USD Million)
o Introduction
 Market Share Analysis, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, 2014 - 2024
 Segment Trends
o Tissue Engineering
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Surgical Implants
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Healthcare Wearable Devices
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Others (Drug Testing, Anatomical models)
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
6. Global 3D Printing for Medical Sector Market, By End User, 2014 – 2024 (USD Million)
o Introduction
 Market Share Analysis, 2015 and 2024 (%)

Y-O-Y Growth Analysis, 2014 - 2024
 Segment Trends
o Pharmaceutical and Biotechnology Companies
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Medical Devices Companies
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
o Academic and Research Institutions
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2014 - 2024, (USD Million)
7. Global 3D Printing for Medical Sector Market, By Regions, 2014 - 2024 (USD Million)
o Introduction
 Market Share Analysis, By Region, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, For Regions, 2014 - 2024
o North America
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 U.S.
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Canada
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
o Europe
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 U.K.
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Germany
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Italy
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o
Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
France
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
Russia
 Country Trends
 Market Size and Forecast, By Technology 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
Rest of Europe
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
Asia Pacific
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 China
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 India
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Japan
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 ASEAN
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
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o
o
Australia
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 South Korea
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Rest of Asia Pacific
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
Latin America
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 Brazil
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Mexico
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Rest of Latin America
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
Middle East
 Market Share Analysis, By Country, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Country, 2014 - 2024
 GCC Countries
 Country Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Israel
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o
Country Trends
Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
Africa

Market Share Analysis, By Region, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, By Region, 2014 - 2024
 Northern Africa
 Regional Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 Central Africa
 Regional Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
 South Africa
 Regional Trends
 Market Size and Forecast, By Technology, 2014 - 2024 (USD Million)
 Market Size and Forecast, By Application, 2014 - 2024 (USD Million)
 Market Size and Forecast, By End User, 2014 - 2024 (USD Million)
8. Competitive Landscape
o Heat Map Analysis
o Market Share Analysis
o Company Profiles
 3T RPD, Ltd.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
 EnvisionTEC, Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
 Arcam AB
 Company Overview
 Product Portfolio
 Financial Performance

Recent Developments/Updates
 Future Plans
 3D Systems, Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
 Eos GmbH Electro Optical Systems
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
 Renishaw PLC
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
 Stratasys Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
 Materialise NV
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
 Organovo Holdings, Inc.
 Company Overview
 Product Portfolio
 Financial Performance
 Recent Developments/Updates
 Future Plans
o Analyst Views
9. Section
o References
o Research Methodology
o
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The Global 3D Printing for Medical Sector Market is projected to reach US$ 1,109.2 million by 2024 experiencing market growth at a CAGR of 11.7% from 2016 to 2024, according to a new report published by Coherent Market Insights. 3D printing has revolutionized the way medical procedures are performed, medical training is provided, and cost-effective medical products are being developed. Improved clinical outcomes is attracting the medical community to explore various avenue of 3D printing in the medical sector.

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