Global 3D Printing for Medical Sector Market Size, Share, Analysis, Forecast, Industry Strategy, Opportunity, Trends, Insights, Growth, Price, Research Survey, Segment, Outlook and Challenges Report To 2024
Global 3D Printing for Medical Sector Market Size, Share, Analysis, Forecast, Industry Strategy, Opportunity, Trends, Insights, Growth, Price, Research Survey, Segment, Outlook and Challenges Report To 2024
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. 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 are attracting the medical community to explore various avenue of 3D printing in the medical sector.
Global 3D Printing for Medical Sector Market, By Technology( Electron Beam Melting, Laser Beam Melting, Droplet Deposition, and Photo polymerization), 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
For More Info: https:// marketreportscenter. com / reports / 511567 / global-3d-printing-formedical-sector-market-trends-and-forecast-till-2024
3D printing is revolutionizing the healthcare industry by providing improved therapy outcomes and affordable medical devices. This technology is enabling manufacturers to produce small and delicate parts of an organ or medical device with a high accuracy, which is a very cumbersome task using current manufacturing capabilities. Companies such as EnvisionTEC, Inc., 3D Systems, Inc., Stratasys Inc., Materialise NV, and Organovo Holdings, Inc. are collaborating with each other or independent research organizations and institutes to speed-up the research activities in order to decrease the time to market( TTM).
Market Dynamics
3D printing offers various benefits such as pre-operative planning of medical procedures based on the 3D model, creating anatomical models for training, creating medical products at lower costs, and possibility of manufacturing medical devices of smaller form factors with higher precision. Increasing awareness about cost benefits offered by this technology has increased its usage in hospitals, dentists, pharmaceutical companies, academic institutions, and medical clinics is propelling the market growth for 3D printing. Furthermore, growing demand for organ