3D PRINTING FOR MEDICAL SECTOR MARKET ANALYSIS

Global 3D Printing for Medical Sector Market, By Technology (Electron Beam Melting, Laser Beam Melting, Droplet Deposition, and Photopolymerization), by Application (Tissue Engineering, Surgical Implants, Healthcare Wearable Devices, and Others (Drug testing and Anatomical models)), by End User (Hospital & Clinics, Medical Industries, and Academic and Research Institutions), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Aug 2019
Code : CMI80
Pages :200
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Favorable government policies and government funding to boost the 3D printing market for medical applications

The U.S. government is encouraging innovation in healthcare through funding and establishing manufacturing hubs. For instance, in 2014, the National Institutes of Health established a 3D Print Exchange to promote open-source sharing of biomedical 3D print files and tutorials.

While the U.S. FDA currently approves only dental, orthopedics, cranio-maxillary, and tissue engineering for 3D printing, clearance for 3D printing in other segments would boost the 3D printing market growth significantly.

In June 2013, the Chinese government announced plans to set up ten 3D printing innovation centers across the country. In May 2016, SHINING 3D, a China-based 3D printing company, established its new headquarters in Zhejiang 3D industrial zone.