Global 3D Printing in Healthcare Market to be Worth USD 1.97 Bn by 2023


Posted October 10, 2018 by Researchonglobalmarkets

The market is expected to have a significant compounded annual growth rate (CAGR) of 21.8% and a market size of USD 1.97 Bn by 2023.

 
October 10, 2018 - ROGM - Research On Global Markets, a global market research firm, published a report on the global 3D printing in healthcare market today. The report, prepared by Netscribes, shows that the market is expected to have a significant compounded annual growth rate (CAGR) of 21.8% and a market size of USD 1.97 Bn by 2023.

3D printing in healthcare is typically used to create three-dimensional solid objects from digital designs by laying down successive layers of a material until the desired object is created. In healthcare, this procedure is used to make several objects like prosthetics and implants, using metal, plastic, etc. Rising demand for cosmetic surgeries, reduced treatment and recovery time and lower pricing are providing impetus to the adoption of 3D printing in healthcare.

Geographically, North America holds the largest share of the 3D printing in healthcare market. However, Asia-Pacific is expected to witness the highest CAGR during the forecasted period. Despite the positive outlook on the market, tissue vascularization remains a threat for further development of 3D printing in healthcare. The complexity of vasculatures across organs remains a challenge to replicate using 3D printing.
Key highlights of this report:

• Market drivers and challenges in the 3D printing in healthcare market
• Trends in the 3D printing in healthcare market
• Historical, current and forecasted market size data for the 3D printing in healthcare market
• Analysis of the competitive landscape and profiles of major players operating in the market

This report has been formulated and designed with the purpose of giving businesses a concise understanding of the demand for 3D printing in healthcare to determine the viability of the market, develop strategies based on the drivers, and help brands identify competition and respond accordingly.

For more information, download the Global 3D Printing in Healthcare Market report
https://www.researchonglobalmarkets.com/global-3d-printing-in-healthcare-market-2018-2023.html

About Research On Global Markets:
Research On Global Markets is a leading source of research reports on worldwide markets. We are experts in Healthcare and Technology Research and also cover a broad range of industries across international markets to help customers make informed business decisions.

Owned by Netscribes, Research on Global Markets draws from the company’s vast experience in market research and intelligence. For any queries regarding our products and services, please feel free to get in touch with us at [email protected]

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Last Updated October 10, 2018