SOURCE: Hexa Research

Hexa Research

November 04, 2015 08:00 ET

Healthcare 3D Printing Market to Witness Swift Growth From 2012 to 2020: Hexa Research

FELTON, CA--(Marketwired - Nov 4, 2015) - Healthcare 3D printing market is expected to grow over the forecast period due to the increasing technological advancement and growing population base. Healthcare 3D printers help in providing the digital file equipped with three dimensional views by using additive processes. Prototyping is the source from where 3D printing technology has been evolved for development of actual usable products and parts. In the recent years healthcare 3D printing market has got the huge momentum, as it is used effectively in few of the areas such as, research, education, industrial/business machines, defense, government, consumer, automotive and aerospace sectors. This product is highly effective in the vital or critical cases, such as jaw implant, heart surgeries, hearing aids, contact lenses, prosthesis and hair plantation. Blue print of future healthcare 3D printing market, shows that this market has a huge scope in other sector too such as knee implants, hip implant, orthotic footwear and dental crowns. Increase of geriatric population is one of the key drivers of this market as, they have the highest risk of getting prone towards the infectious diseases and other vital disorders, such as malaria, TB, HIV/AIDS, hepatitis, HAIs, STDs, diarrheal diseases and chronic diseases, i.e. diabetes, cardiovascular diseases, and cancer. Further, healthcare professionals increasingly exploring healthcare 3D printing market, as during the surgeries, it reduces the risk attached with anesthesia.

Browse full research report with TOC on "Healthcare 3D Printing Market Analysis, By Application (Implants, Surgical Guides, Bioengineering And Surgical Instruments), By Technology (Droplet Deposition Manufacturing, Stereo Lithography, And Electron Beam Melting), By Raw Material (Biological Cells, Metals, Ceramics And Polymers) And Segment Forecast From 2012 To 2020" at http://www.hexaresearch.com/research-report/healthcare-3d-printing-industry/

Healthcare 3D printing market is segmented on the basis of application intoimplants, surgical guides, bioengineering and surgical instruments. Among these medical implant held the largest share in 2013, as it is preferred by the doctors for replacing man's skull. Implant includes dental surgical implants, crani-maxillofacial and orthopaedic. As per the recent report by Oxford Performance Materials report, almost 75% patient skull was replaced with the help of 3D printers. Lower volume bespoke surgical and direct dental implants will witness a lucrative growth rate over the forecast period.

Healthcare 3D printing market is segmented on the basis of technology into droplet deposition manufacturing, stereo lithography, and electron beam melting.Among these droplet depositions manufacturing held the largest market share in 2013. Droplet deposition manufacturing consists of fused deposition modelling, multiphase jet solidification and inkjet printing. Inkjet printing is used for bio-printing and these helps on printing of living tissues. The printer which uses bio-ink is actually a mixer of living cells. Inkjet printing builds structure from biological cells to create human tissue.

Healthcare 3D printing market is segmented on the basis of raw material intobiological cells, metals, ceramics and polymers. Among these polymers held the largest market share as of 2013. The reason for its dominance is due to its more awareness and high popularity. Polymers are the synthetic plastics created with the help of monomers, via polymerization process. Technological advancement in this sector will show this market a lucrative growth over the forecast period.

Geographically, the Molecular diagnostics market is studied with respect to four regions such as North America, Europe, Asia Pacific and RoW. North America is dominating the whole market as there is a huge development in 3D technologies, strong R&D, high disposable income and availability of more market players. Asia pacific region will witness a lucrative growth during the forecast period as economy is booming and increasing population, especially in countries like India and China.

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Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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