European Healthcare 3D Printing Market revenue to cross $2.6 Bn by 2028

Published Date: 2022-07-27

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European Healthcare 3D Printing Market size is estimated to reach USD 2.6 billion by 2028, according to a latest forecast report by Graphical Research.

There is a huge surge in the research and development in medical 3D printing in the European region. Many companies are exploring this revolutionary technology and are making novel innovative products using additive manufacturing. The is attributed increasing advancements in technology enabling accurate diagnostic decisions during surgical procedures. Growing investments in R&D activities have assisted the integration of advanced technology within the devices proving beneficial for the overall industry growth. For instance, healthcare 3D printing devices are studied to be used in tissue engineering, bioprinting and also for the treatment of burn victims. Thus, widespread usage of 3D printing especially in healthcare sector is expected to spur the regional market growth.

Furthermore, since the onset of COVID-19, 3D printers have been integrated within the conventional manufacturing sector across the globe to produce essential products such as PPE kits, masks, face shields, ventilator components as well as nasal swabs. The pandemic has catalyzed the adoption of 3D printing in healthcare sector especially in European region as it was the epicenter at the initial stage of outbreak, thereby it is set to retain the same momentum over the coming years.

The laser-based segment will register 22.5% CAGR during the forecast period. The laser-based 3D printing hold potential to build objects in any order rather than layer by layer. They are more advanced in nature which holds great potential and can overcome various limitations associated with the already existing 3D printers.

The Selective Laser Sintering (SLS) segment was valued at USD 188.7 million revenue in 2021. SLS is suitable for highly complex designs, involving moving parts, interlocking parts, and living hinges. This technology is extremely suitable for mass customization and end use, as well as personalized manufacturing in small batches. The robust nature of this technology gives capability for complex parts production which further enhances the durability criteria in additive manufacturing process and system.

Browse detailed statistical insights from the report, “Europe Healthcare 3D Printing Market Forecast 2028 By Application (Biosensors, Medical {Pharmaceuticals, Prosthetics & Implants, Tissue & Organ Generation}, Dental), By Product (Syringe based, Magnetic Levitation, Laser Based, Inkjet Based), By Technology (Fused Deposition Modelling (FDM), Selective Laser Sintering (SLS), Stereolithography), Research Report, Country Outlook (Germany, UK, Italy, France, Spain, Russia, Portugal, Belgium, The Netherlands, Sweden), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1208/europe-healthcare-3d-printing-market

The biosensor segment will witness over 22.6% to surpass USD 534.4 million by 2028. Biosensors have widespread applications in different research and development areas. For instance, the on-line biosensor to detect genotoxic compounds makes use of 3D printed microbioreactor. This 3D printing is completed with technique of stereolithography (SLA) along with optimized and transparent resin. The biosensor needs simple and low preservation. Hence, the widespread advantages associated with 3D printing technology are anticipated to surge the industry growth.

UK healthcare 3D printing industry accounted for USD 121.3 million revenue in 2021, due to rising constant government funding and support along with presence of several 3D printing patent technologies in the country. For instance, according to the European Patent Office report 2020, France accounted second largest holder of patent applications in 3D printing technologies (nearly 5%) within European region.

The European healthcare 3D printing market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2017 to 2028, for the following segments:

Europe Market, By Product

  • Syringe based
  • Magnetic Levitation
  • Laser Based
  • Inkjet Based

Europe Market, By Technology

  • Fused Deposition Modelling (FDM)
  • Selective Laser Sintering (SLS)
  • Stereolithography

Europe Market, By Application

  • Biosensors
  • Medical
    • Pharmaceuticals
    • Prosthetics and Implants
    • Tissue and Organ Generation
  • Dental

The above information has been provided for the following countries:

  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Russia
    • Portugal
    • Belgium
    • The Netherlands
    • Sweden
    • Others