Technological advancements in 3D printing technology, rising demand for innovations in organ transplants, huge investments from key market players in the development of 4D Printing in Healthcare and other factors will lead the market growth
JERSEY CITY, N.J., March 3, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "4D Printing in Healthcare Market" By Component (Equipment, Programmable Materials, Software & Services), By Application (Medical Models, Patient-specific Implants, Surgical Guides), By Technology (Polyjet, Fused Deposition Modelling, Selective Laser Sintering), and By Geography. According to Verified Market Research, the Global 4D Printing in Healthcare Market size was valued at USD 17.99 Billion in 2020 and is projected to reach USD 73.81 Billion by 2028, growing at a CAGR of 19.20 % from 2021 to 2028.
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Global 4D Printing in Healthcare Market Overview
Global 4D Printing In Healthcare Market is likely to witness exponential growth due to its extensive application in the industry and constant technological innovations. The 4D printing technology brings substantial transformation in the medical industry. It has increased its scope of application in self-assembling human-scale biomaterials, chemotherapy, and tissue engineering. Riding on the back of technological innovations, a move from 3D medical devices to 4D such as orthodontic devices, stents, bioprinting, and biomedical splints.
The focus of market players to develop 4D printing applications for targeted drug delivery may boost the market growth. For instance, in May 2019, 3D Systems launched Simbionix ANGIO Tab Pro endovascular simulator. However, the high development cost, strict government regulations for the implantable devices and smart materials used for the product, and low awareness among low- and middle-income countries are some of the stagnating factors of the market.
The diseases like cancer, cardiovascular and others necessitate the development of novel remedies throughout time. It has also resulted in the development of cancer-fighting nanorobots, transforming them into a molecular 'delivery truck' capable of transporting molecules to particular cells in the body. With the power to reshape, 4D printing has a large scope in orthopedics. One of the restraints is lack of expertise and low adoption rate which may hamper the market.
Key Developments
- May 2021: ROKIT Healthcare market announced the opening of a high-end anti-aging wellness facility in Hungary. It hopes to integrate 4D bioprinting, single-cell RNA, intelligence-based anti-ageing goods, and individualized regenerative medicine services in this facility.
Key Players
The major players in the market are Organovo Holdings Inc., Dassault Systems, Materialise, Envision TEC. Poietis, Fit3D.
Verified Market Research has segmented the Global 4D Printing in Healthcare Market On the basis of Component, Application, Technology, and Geography.
- 4D Printing in Healthcare Market, By Component
- Equipment
- Programmable Materials
- Software & Services
- 4D Printing in Healthcare Market, By Application
- Medical Models
- Patient-specific Implants
- Surgical Guides
- Others
- 4D Printing in Healthcare Market, By Technology
- Polyjet
- Fused Deposition Modelling
- Selective Laser Sintering
- Stereolithography
- Others
- 4D Printing in Healthcare Market By Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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3D Printing Medical Devices Market By Component (Software And Services Equipment, 3D Printers, 3D Bioprinters, Biomaterials), By Type (Surgical Guides, Dental Guides, Craniomaxillofacial Guides, Orthopedic Guides, Surgical Instruments), By Geography, Forecast, 2021-2028
Personalized 3D Printed Orthopedic Implants Market By Material Type (Plastics, Biomaterial Inks, Metal & Alloys), By Technology (Stereolithography (SLA), Selective Laser Sintering (SLS), Fused Deposition Modeling (FDM)), By End-User (Hospitals and Diagnostic Centers, Academic Institutions, Ambulatory Surgical Centers), By Geography, Forecast, 2021-2028
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Top 10 3D Printing Material Companies - Manufacturing made simpler
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