Description
The Global 3D Printing in Healthcare market accounted for a market value of USD XX billion in 2015 and is expected to reach USD XX billion by 2020 , growing at a CAGR of XX % during the forecast period . 3D printing generally refers to different processes used to synthesize a three dimensional object . The 3D printing is gaining much importance in healthcare industry due to its increasing number of applications . Very recently , the 3D printing in healthcare started to gain much prominence with applications in dental , implant manufacturing , drugs and other medical applications . Bio-printing , medical & dental implants , ortho-implants and prosthetics among others is pushing the healthcare 3D printing industry to the next level . The different materials such as metal , metal alloys , plastics , and ceramics among others are helping the 3D printing technology to easily integrate with the human body . The healthcare 3D printing market provides significant opportunities for hearing aids , dental implants , prosthesis and contact lenses that are customized to the individual .
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One of the major drivers for this market is mass customization in which multiple individualized items can be produced simultaneously , saving time and energy while improving manufacturing efficiency . The major benefactors from this is dental laboratories and hearing aid manufacturers . The other factors driving this market are technological advancements leading to enhanced application , rising demand driven by the increasing medical applications and favorable funding in developed economies . However , High cost , lack of trained professionals , and stringent regulatory guidelines are turning out to be restraints for this market .
The 3D Printing in healthcare market have been segmented based on technology , applications and material . The segmentation based on technology have been sub-divided into Stereo-lithography , photopolymerization , droplet deposition , Bio-printing , Laminated object manufacturing , wax deposition modeling and electron beam melting . The segmentation based on application have been sub-divided into dental implants , hearing aids , Orthopedic implants , tissue engineering , other prosthetics , Craniomaxillofacial implants , medical equipment and drugs . By materials segmentation include metals , polymers , ceramics , biological cells and others . The metals are further segmented as steel , titanium , gold and silver , polymers are segmented as nylon , glass-filled polyamide , epoxy resins , photopolymers and plastics .
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Asia Pacific is expected to be leading this market due to increasing adoption of this technology in the forecast period along with increasing healthcare infrastructure and expenditure . The 3D printing in healthcare market have been geographically segmented into North America , Europe , Asia-Pacific ,
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