Global Space Medicine Market Size and Trends
The global space medicine market size is expected to reach US$ 1,600 Mn by 2030, from US$ 770 Mn in 2023, at a CAGR of 11% during the forecast period.
Global Space Medicine Market Trends:
- Adoption of 3D printing technologies in manufacturing medical equipment: The growing use of 3D printing for manufacturing medical equipment and devices is positively impacting the space medicine market. 3D printing allows for customized designs and on-demand production of complex parts. This makes it uniquely suited for the highly specialized needs of space medicine. With 3D printing, customized tools and devices can be produced on short notice to address specific medical needs that may arise during space missions. Materials and designs can be tailored for use in microgravity environments. Spare parts no longer need to be stored and transported in bulk since replacements can now be printed on demand. This reduces payload weight and storage requirements for spaceflights, opening up more room for other essential supplies.
- Increasing use of robotics and AI in space healthcare: The increasing use of robotics and artificial intelligence in space healthcare is transforming the global space medicine market. As space missions become more complex with future goals of establishing human colonies on the Moon and Mars, remote medical capabilities that can function autonomously will be crucial. Robotic assistants can minimize risks to human life and reduce payloads on long duration deep space missions by providing medical care without having expert human doctors or surgeons present.
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