CIOTechie_Healthcare_3DPrinting_Technology_HealIT_HealthcareNews

The Global 3D Printing In Healthcare Market Is Set To Reach USD 2,319.5 Million By 2023

Healthcare News

The_Global-3D-Printing-In-Healthcare-Market-Is-Set-To-Reach-USD-2319.5-Million-By-2023 The Global 3D Printing In Healthcare Market Is Set To Reach USD 2,319.5 Million By 2023Today, the most promising technological breakthrough in the healthcare sector has come in the concept of 3D printing. Often, 3D printing refers to various processes used to synthesize a three-dimensional object, and due to its increasing number of applications, it is gaining more traction in the healthcare industry.  According to the market insights, the global market for 3D printing in the healthcare is slated to reach USD 2,319.5 million by 2023, from USD 579 million in 2017, at a growing CAGR of up to 26 percent.

Recently, 3D printing in healthcare started to achieve more importance with applications in dental, drugs, implant manufacturing, and other medical applications. With bio-printing, medical and dental implants, ortho-implants and prosthetics among others, the healthcare 3D printing industry has been reached to the next level. A number of materials like metal, plastics, metal alloys, and ceramics among others are assisting the 3D printing technology to easily integrate with the human body.  With this technology, healthcare organizations nowadays are simplifying, accelerating, and advancing medicine in astonishing ways, with even more impressive advancements just around the corner. 3D Printing in Healthcare Market Technologies includes Laser Beam Melting (LBM), Photo Polymerization, Droplet Deposition, Electron Beam Melting (EBM), Laminated Object Manufacturing, Wax Deposition Modeling, and Bio Printing.

There are a number of 3D technology provider in the marketplace, such as 3D Systems Corporations, SLM Solutions Group AG, Stratasys Ltd., EnvisionTEC, Arcam AB, Organovo Holdings, Inc., Oxford Performance Materials, Inc., Bio3D Technologies, Materialise NV, and Cyfuse Medical K.K. Huge growth in medical applications and the increasing trend of personalized 3D printed medical products can fuel the business growth of the global 3D printing in the healthcare market throughout the projected timeframe.