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