Market Overview:
The global healthcare additive manufacturing market size reached US$ 8.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 35.1 Billion by 2032, exhibiting a growth rate (CAGR) of 16.83% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 8.7 Billion |
Market Forecast in 2032
|
US$ 35.1 Billion |
Market Growth Rate 2024-2032 |
16.83% |
Additive manufacturing (AM) is utilized to manufacture prototypes with 3D computer-aided design (CAD). In the healthcare sector, AM is used for manufacturing diagnostic equipment and implants. It minimizes the production costs and reduces the number of in-theatre parts. It is a commercially viable alternative that facilitates complex geometries and mass customization of parts than traditional manufacturing methods such as milling, forging, and fabrication. Nowadays, healthcare AM finds application in orthopedics, implantology, and dentistry. It also provides personalization for medical practitioners and surgeons as it creates organic shapes specific to each user.
Healthcare Additive Manufacturing Market Trends:
The global healthcare AM market is primarily driven by the growing demand for customized medical implants. Healthcare AM helps achieve complex and customized medical components and parts such as tissues, organs, cranial implants, and prosthetics. Furthermore, the rise in the number of surgeries due to the growing prevalence of chronic disorders has necessitated the use of 3D printing technology. This allows surgeons to be more precise, reduce risks and operate faster, thereby providing a positive outlook for the market. Moreover, several innovations and technological advancements, such as the introduction of speed prototyping and testing materials and designs that are cost-effective in nature, are further contributing to the market growth. Various regulatory bodies, such as the United States Food and Drug Administration (US FDA), have been actively involved in understanding the technology to provide a broader pathway and aid efficient access to safe and effective innovations enabled by AM.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare additive manufacturing market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on technology, material and application.
Breakup by Technology:
- Stereolithography
- Deposition Modeling
- Electron Beam Melting
- Laser Sintering
- Jetting Technology
- Laminated Object Manufacturing
- Others
Breakup by Material:
- Metals and Alloys
- Polymers
- Biological Cells
- Others
Breakup by Application:
- Medical Implants
- Prosthetics
- Wearable Devices
- Tissue Engineering
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3D Systems Inc., 3T Additive Manufacturing Ltd., Allevi Inc., EnvisionTEC GmbH, EOS GmbH, Fathom, General Electric, Materialise, Nanoscribe GmbH & Co. KG, RegenHU and Stratasys Ltd.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Technology, Material, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
3D Systems Inc., 3T Additive Manufacturing Ltd., Allevi Inc., EnvisionTEC GmbH, EOS GmbH, Fathom, General Electric, Materialise, Nanoscribe GmbH & Co. KG, RegenHU, Stratasys Ltd. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global healthcare additive manufacturing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global healthcare additive manufacturing market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global healthcare additive manufacturing market and who are the key players?
- What is the degree of competition in the industry?