Europe Healthcare 3D Printing Market, By Modality (Standalone, Integrated), Components (Material, Hardware, Software, Services), Technology (Bioprinting, Droplet Deposition/Extrusion-Based Technologies, Photopolymerization, Laser Beam Melting, Electron Beam Melting (EBM), 3DP/Adhesion Bonding/Binder Jetting, Others), Application (Medical, Surgical, Pharmaceutical, Others), Medical Specialty (Orthopedics, Dental, Cardiovascular, Craniomaxillofacial (CMF), Neurosurgery, Oncology, Others), End User (Medical & Surgical Centers, Research Centers and Academic Institutions, Pharmaceutical & Biotechnology Companies, Others), Country (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium um, Netherlands, Switzerland, Rest of Europe) Industry Trends and Forecast to 2028
Market Analysis and Insights : Europe Healthcare 3D Printing Market
The healthcare 3D printing market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 17.8% in the forecast period of 2021 to 2028 and is expected to reach USD 959.01 million by 2028. The demand for the healthcare 3D printing market has been increased in both developed as well as in developing countries and the reason behind this is the emergence of COVID-19 and the increasing need of medical devices.
3D printing, also known as additive manufacturing, is a layer-by-layer addition approach to turn a three-dimensional digital file into real customized medical equipment and products. A computer-aided design (CAD) package is build using 3D printing software with the help of 3D scanner, digital camera or 3D modelling software. Before the thing is printed, the 3D model developed with CAD can be updated and altered, allowing it to be verified.
The increase in cases of orthopedic and dental abnormalities is expected to boost the healthcare 3D printing market growth. The high cost of 3D printing is expected to restrain the growth of healthcare 3D printing market. The strategic initiative for by the key market players is anticipated to provide excellent opportunity for the growth of the healthcare 3D printing market. The dearth of skilled professionals is expected to challenge the growth of the healthcare 3D printing market.
The healthcare 3D printing market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the healthcare 3D printing market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Healthcare 3D Printing Market scope and market size
The healthcare 3D printing market is categorized into six notable segments which are based on the modality, components, technology, application, medical specialty and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of modality, the healthcare 3D printing market is segmented into standalone and integrated. In 2021, standalone segment is expected to dominate the healthcare 3D printing market due to the increased R&D by key market players for the launch of advanced standalone systems.
- On the basis of components, the healthcare 3D printing market is segmented into material, hardware, software and services. In 2021, material segment is expected to dominate the healthcare 3D printing market because of the increased R&D for the segment leading to the development of advanced materials for 3D printers and bio printers.
- On the basis of technology, the healthcare 3D printing market is segmented into bioprinting, photopolymerization, laser beam melting, electron beam melting (EBM), droplet deposition/extrusion-based technologies, 3DP/adhesion bonding/binder jetting and others. In 2021, bioprinting segment is expected to dominate the healthcare 3D printing market because of the novel technology which acts as an alternative to animal testing,
- On the basis of application, the healthcare 3D printing market is segmented into medical, surgical, pharmaceutical and others. In 2021, medical segment is expected to dominate the healthcare 3D printing market because of the advanced applications of tissue engineering being explored by various research institutes for innovation in medicine.
- On the basis of medical specialty, Asia-Pacific healthcare 3D printing market is segmented into dental, cardiovascular, craniomaxillofacial (CMF), orthopedics, neurosurgery, oncology and others. In 2021, orthopedics segment is expected to dominate the healthcare 3D printing market because availability of advanced materials to develop orthopaedic implants via 3D printing.
- On the basis of end user, the healthcare 3D printing market is segmented into medical & surgical centers, research centers and academic institutions, pharmaceutical & biotechnology companies and others. In 2021, medical & surgical centers segment is expected to dominate the healthcare 3D printing market because of the emergence of COVID-19
Healthcare 3D Printing Market Country Level Analysis
The healthcare 3D printing market is analysed and market size information is provided by modality, by component, technology, application, medical speciality, end user as referenced above.
The countries covered in the healthcare 3D printing market report are the Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey and Rest of Europe.
Germany is expected to dominate the market because of increase in R&D facilities and laboratories been developed in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
New Product Launches by Manufactures is Creating New Opportunities for Players in the Healthcare 3D Printing Market
Healthcare 3D printing market also provides you with detailed market analysis for every country growth in aesthetic industry with healthcare 3D printing market sales, impact of advancement in the healthcare 3D printing market and changes in regulatory scenarios with their support for the healthcare 3D printing market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Healthcare 3D Printing Market Share Analysis
Healthcare 3D printing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to healthcare 3D printing market.
The major companies providing healthcare 3D printing in the Asia-Pacific healthcare 3D printing market are Carbon, Inc., Formlabs, 3T Additive Manufacturing Ltd., Stratasys Ltd., 3D Systems, Inc., CELLINK GLOBAL, Anatomics Pty Ltd, EOS, ENVISIONTEC, INC., Materialise, Renishaw plc, SLM Solutions, FIT AG, Prodways Technologies (a subsidiary of Prodways Group), and Wacker Chemie AG among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launch and agreement are also initiated by the companies’ worldwide which are also accelerating the healthcare 3D printing market.
For instance,
- In April 2021, Materialise announced that it has expanded its metal 3D printing facility by opening up its new Metal Competence Center for 3D printing in Bremen, Germany. This new facility launched by the company has increased its manufacturing capabilities in future
- In February 2021, ENVISIONTEC, INC. announced that it has been acquired by the Desktop Metal, Inc. in order to maximize the production of polymer additive manufacturing. This acquisition done by the company has increased its sales and demand in the market leading to increased demand for its products in the market
This new product launched by the company has increased its protein estimation portfolio in the market. Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the healthcare 3D printing market which also provides the benefit for organisation to improve their offering for healthcare 3D printing market.
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