3D Printing in the North American Healthcare Market to Grow at a CAGR of 20% during 2018-2023 - ResearchAndMarkets.com
Aug. 27, 2018
DUBLIN--(BUSINESS WIRE)--Aug 27, 2018--The "North America Healthcare 3D Printing Market - Segmented by Technology, Application, Materials, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The North America healthcare 3D printing market is expected to register a CAGR of 20% during the forecast period of 2018-2023.
The increasing cost pressure on medical device manufacturers has forced them to adopt 3D printing technology to eliminate the traditional prototyping process. Moreover, the growing income levels, low manufacturing costs, and quick product development have augmented the interest of players in emerging markets.
Demand for Customized 3D Printing
Additive manufacturing, often referred to as 3D printing, has the potential to provide cost-efficient methods to produce highly complex and customized components, single parts or small batches of products. Dental laboratories and hearing aid manufacturers get the maximum benefit from 3D printing in healthcare. Thus, there is a huge unmet demand for hearing aids in the market. Since almost all hearing aids are 3D printed, the market is expected to grow positively in the forecast period.
Similar has been the case with dental implants. With increasing number of procedures of dental implants, the need for customized procedures has risen. This can be catered by 3D printing techniques. 3D printing technologies have exposed the capabilities for customization in a wide variety of applications in the medical field.
The other factors, such as technological advancements leading to the enhanced application and increasing scope of bioengineering products are driving the healthcare 3D printing market to grow.
Key InfluencersHigh Cost of 3D Printed Organs & Tissue United States to Lead the Market
Notable DevelopmentEnvisionTEC and AvaDent joined forces on 3D printed dentures
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players3D Systems Corporation (3DS) Organovo Bio3D Technologies Pte Ltd. Ekso Bionics Metamason EnvisionTEC Rainbow Biosciences 3T RPD Ltd.
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/344qpw/3d_printing_in?w=4
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Related Topics:3D Printing
KEYWORD: NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE SOFTWARE HEALTH BIOTECHNOLOGY DENTAL MEDICAL DEVICES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/27/2018 09:05 AM/DISC: 08/27/2018 09:05 AM