Healthcare Additive Manufacturing Market Size, Growth, Global Trends, Forecast to 2026

Healthcare Additive Manufacturing Market Size And Industry Analysis

The Global Healthcare Additive Manufacturing Market Size accrued earnings worth approximately 1.25 USD Billion in 2019 and is predicted to gain revenue of about 24.39 USD Billion by 2026, is set to record a CAGR of nearly 23.01% over the period from 2020 to 2026. The report offers assessment and analysis of the Healthcare Additive Manufacturing market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue USD Billion.

Healthcare Additive Manufacturing Market: Outlook

Additive manufacturing refers to a number of production techniques generating a physical prototype from online information. Apart from this, additive manufacturing finds applications in myriad industries and healthcare is no exception to this. Moreover, medical applications for additive manufacturing are surging prominently and will bring a paradigm shift in healthcare industry.

In addition to this, medical application of 3D printing includes tissue & organ fabrication, development of customized prosthetics & implants, and forming of anatomical models. Apart from this, additive manufacturing technology provides huge number of opportunities to pharma & healthcare firms for producing particular kinds of medicines along with facilitating huge production of medical implants.

Healthcare Additive Manufacturing Market: Growth Dynamics

Massive use of 3D printed anatomical prototypes in precision medicine & personalized medical treatment will drive market trends. In addition to this, humungous use of additive manufacturing in healthcare domain such as personalization & customization of medical items and medicines will steer healthcare additive manufacturing industry over the projected timespan. Apparently, large-scale utilization of 3D printing in hearing aids and artificial limbs construction will aid expansion of healthcare additive manufacturing industry over forecast timeline. In addition to this, prominent utilization of additive manufacturing in dentistry will generate huge growth avenues for healthcare additive manufacturing business within the next couple of years.

Furthermore, use of 3D printing in healthcare activities facilitates design democratization and enhances productivity of the healthcare industry, thereby embellishing business landscape. Additionally, lucrative use of additive manufacturing in bio-printing of organs & tissues will further leverage market sphere.

Healthcare Additive Manufacturing Market: Report Scope

Regional Landscape

North America To Dominate Overall Market Growth During 2020-2026

The expansion of healthcare additive manufacturing industry in North America over the assessment period is due to large-scale presence of major players such as GE Additive, Stratasys Ltd., and 3D Systems, Inc. in the sub-continent. Apart from this, enacting of laws favoring use of 3D printing in medical sector across the countries such as the U.S. will proliferate regional market expansion over the anticipated timespan.

Citing an instance, the U.S. FDA announced list of guiding principles on 3D printed medical equipment usage, thereby providing impetus for the firms to develop new technologies that can bring revolution in the healthcare domain. Presence of strong distribution channel network and improved value chain & supply chain activities in the countries such as Canada and the U.S. will promulgate regional market size.

Competitive Landscape

Some of the leading players in the global market include

• GE
• Materialise N.V.
• Nanoscribe GmbH
• 3D Systems Inc.
• Allevi Inc.
• Stratasys Ltd.
• RegenHU
• EnvisionTEC GmbH
• GPI Prototype and Manufacturing Services LLC.

The global Healthcare Additive Manufacturing Market is segmented as follows:

 By Material   

• Metals & Alloys
• Biological Cells
• Polymers

By Application

• Medical Implants
• Prosthetics
• Wearable Devices
• Tissue Engineering

By Technology

• Stereo Lithography
• Deposition Modeling
• Electron Beam Melting
• Laser Sintering
• Jetting Technology
• Laminated Object Manufacturing

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa