Changes in consumers preferences to shift from 3D-based medical devices to 4D-based and focus of key players to develop 4D printing applications for targeted drug delivery is projected to boost the market growth
The global 4D printing in healthcare market accounted for US$ 0.05 billion in 2018 and is estimated to be 0.44 billion by 2026 and is anticipated to register a CAGR of 30.5%. The report. "Global 4D Printing in Healthcare Market, By Component (Equipment (3D Bioprinters and 3D Printers), Programmable Materials (Living Cells, Hydrogels, and Shape-Memory Materials), and Software & Services), By Technology (Fusion Deposition Modeling (FDM), PolyJet, Stereolithography, and Selective Laser Sintering (SLS)), By Application (Medical Models, Surgical Guides, and Patient-Specific Implants), By End-User (Hospitals & Clinics, Dental Laboratories, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”.
On In May 2018, Organovo Holdings, Inc. & Samsara Sciences, Inc. signed a partnership with advanced regenerative manufacturing institute (‘ARMI’) (US) to lainch next-generation manufacturing technologies and processes for cells, tissues, and organs.
In May 2018, 3D Systems introduced Simbionix ANGIO Tab Pro endovascular simulator. The ANGIO Tab Pro is a first-to-market solution manufactured for step-by-step training of endovascular interventions. It includes 30 modules from basic skills to advanced and complex endovascular procedures, and more than 250 patient scenarios. The lightweight construction renders the ANGIO Tab Pro is an ultra-portable solution, making it ideal for use at conferences, as well as in the physician's clinic or home.
Growing levels of advancements and innovations in technology for 3D printing services
Growing need of organ transplants, wide range of application, and benefits associated with 4D technology are the key factors of the global 4D printing market in healthcare. For instance, the technology can produce implant as per intended and which can grow with patient’s growth. Additionally, the technology also reduces the need of surgical procedure by introducing self-deforming component to treat any abnormality in the body. 4D printing technology is also beneficial in research studies as the technology can design product at the time of development and design stage.
Increasing strategic partnerships
Research publications based on this technology are rising owing to availability of funding and growing focus of scientist of this new technology. Further, key players are involved in product launches and expansion of their market protocol in order to strengthen the market growth. In January 2017, 3D Systems’ acquired with Vertex-Global Holding B.V. to improve 3D Systems dental product offerings with the NextDent and Vertex brands. This also helped the company to establish a position in the dental industry by increasing the adoption of 3D-printed products for advanced solutions.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global 4D Printing in Healthcare Market”, By Component (Equipment (3D Bioprinters and 3D Printers), Programmable Materials (Living Cells, Hydrogels, and Shape-Memory Materials), and Software & Services), By Technology (Fusion Deposition Modeling (FDM), PolyJet, Stereolithography, and Selective Laser Sintering (SLS)), By Application (Medical Models, Surgical Guides, and Patient-Specific Implants), By End-User (Hospitals & Clinics, Dental Laboratories, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030
Key Market Insights from the report:
The global 4D printing in healthcare market accounted for US$ 0.05 billion in 2018 and is estimated to be 0.44 billion by 2026 and is anticipated to register a CAGR of 30.5%. The market report has been segmented on the basis of component, technology, application, end-user, and region.
By component, the software & services segment is projected to lead the market in 2021 and witness highest growth over the forecast period. Software has a varied range of benefits in additive manufacturing. 3D printing software is utilized for designing, creating, and assembling models needed in the healthcare space.
By technology, the PolyJet segment is projected to register the largest growth in the coming years. This technology helps to development complex shapes with intricate delicate and details features. It offers products with a variety of materials and colors into a single model.
By application, the medical & research models segment is projected to register for the highest share of the market. These models can be adapted as per the patient’s pathology, which will further provide efficient patient care. The presence of the 4D printing technology to produce smart medical models will bring lucrative transformation in the medical field and will drive the growth of this segment over the forecast period.
By end-user, the target market is segmented into hospitals & clinics, dental laboratories, and others.
By region, North America is projected to be the highest regional market for 4D printing in healthcare. This can majorly be attributed to the growing demand for organ transplantation, continuous technological advancements, presence of highly developed healthcare infrastructure, and the efforts taken in the research & development of the 4D printing technology in the healthcare sector in the region
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The prominent player operating in the global 4D printing in healthcare market includes 3D Systems, Inc., Organovo Holdings Inc., Dassault Systèmes, Stratasys Ltd., Materialise, EOS, EnvisionTEC, Poietis - 4D Bioprinting, Allevi, Tractus3D, and 3D HUBS B.V.
The market provides detailed information regarding industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included into the report.
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