Published Date: 2022-07-27
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North American Healthcare 3D Printing Market size is predicted to cross USD 3.67 billion by 2028, according to a latest forecast report by Graphical Research.
The market growth is owing to increasing demand for surgical implants including dental implants together with rising advantages of 3D printing that enables healthcare practitioners to offer customized solutions to their patients. The customized solutions save time as well as minimize the scope of errors. The patients are also noted to benefit significantly from the custom-made implants, as these are more easily adapted to their body anatomy. For instance, according to the Insurance Institute for Highway Safety (IIHS), in 2020, 35,766 fatal motor vehicles accidents were registered in the United States. Thus, the rising demand for 3D printing technology that can be used effectively in the field of healthcare to generate standard as well as customized prosthetic limbs and medical implants.
Growing investments in R&D activities have assisted the integration of advanced technology within the devices proving beneficial for the overall industry growth. The technology has facilitated 3D printing to build layers of human skin supporting the lives of people that have met with serious accidents and are suffering through major injuries. Various hospitals are seen to have adopted such devices due to rising demand for these devices.
The magnetic levitation segment held over USD 96 million revenue in 2021, credited to the ability of label-free magnetic levitation techniques to discreet circulating tumor cell from unprocessed whole blood without using antibodies. Furthermore, it is also studied to be an easy technique to reconstruct natural tissue environment in in-vitro using the magnetic levitation.
The stereolithography (SLA) segment dominated around 12.7% market share in 2021, attributed to increasing significance advantages of stereolithography in the healthcare. The stereolithography technology is used for medical modeling and prototyping for the creation of 3D model, layering, medical segmentation, to aid diagnosis, preparative planning, among others. Furthermore, owing to the varied application and adoption of stereolithography technology for the production of large parts with surface finish and high accuracy is expected to foster the market size.
Browse detailed statistical insights from the report, “North America Healthcare 3D Printing Market Forecast 2028 By Technology (Fused Deposition Modelling (FDM), Selective Laser Sintering (SLS), Stereolithography), By Product (Syringe based, Magnetic Levitation, Laser Based, Inkjet Based), By Application (Biosensors, Medical {Pharmaceuticals, Prosthetics and Implants, Tissue and Organ Generation}, Dental), Research Report, Country Outlook (U.S., Canada), 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/1175/north-america-healthcare-3D-printing-market
The dental application segment will grow at 22.4% CAGR during the analysis period, on account of high adoption of dental implants by patients and available customization of dental products at affordable price to patients. This enables surgeons to provide customized product according to the requirement of patients such as creation of implants, crown fabrication, bridges based on MRI and CT scans. Furthermore, increasing adoption of novel technology and growing number of dental surgeons is expected to contribute to the market growth.
Canada healthcare 3D printing industry accounted for USD 76.2 million revenue in 2021. Advancements in diagnostic tests and procedures, increasing acceptance of novel technology and its implementation for enhancing R&D activities are some of the major factors contributing to increasing uptake in the country market demand. Also, various government initiatives to upgrade healthcare infrastructure and increasing demand for technologically equipped, effective healthcare facilities is expected to boost the market value. Furthermore, presence of notable key players in the country that are technologically making tremendous progress owing to collaborations.
The North American 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:
North America Market, By Product
North America Market, By Technology
North America Market, By Application
The above information has been provided for the following countries:
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