The global 3D printing market in healthcare is expected to witness a CAGR of 19.8% during the forecast period. The 3D printing market in healthcare has gained significant traction owing to the rising demand for patient-specific implants in orthopedic, dental, and other various surgeries. Moreover, the improved productivity along with increased production accuracy will drive the growth of 3D printing in the healthcare market. It has been adopted in various applications like tissue engineering, bioprinting, and burn-related injuries. Nevertheless, the key players are initiating various R&D activities to have innovations in the healthcare 3D printing market and enable scanning via smartphone devices.

In November 2021, 3D systems have advanced production applications by innovating additive manufacturing solutions i.e. SLS 380 is a part of 3D System's next-generation SLS workflow that will defy limitations to develop AM performance productivity in healthcare and industrial markets.

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The COVID-19 outbreak has led to significant growth for 3D printing in the healthcare market as there was a shortage of ventilators globally. Thus 3D printing is highly adopted in developing various parts of ventilators and employed in organ generation resulting in the growth of 3D printing in the healthcare market.

Based upon components, the 3D printing market in healthcare is divided into components, materials, and service and software and equipment. Among these components, the Software and services segment is anticipated to contribute to the most important contributor in market share owing to the advent of ongoing technological developments in software solutions to manufacturing high-quality 3D-printed medical products.

North America dominates the 3D printing market in healthcare owing to the rising regulatory support to improve quality control measures and streamlining the integration of 3D printing and conventional technologies will drive the growth in the region. Moreover, increased R&D activities will further fuel the growth of the 3D printing market in healthcare in the region.

In November 2021, 3D systems have advanced production applications by innovating additive manufacturing solutions i.e. SLS 380 is a part of 3D System's next-generation SLS workflow that will defy limitations to develop AM performance productivity in healthcare and industrial markets.
Some of the major players in the global 3D Printing Market in Healthcare include Stratasys Ltd., Renishaw plc, Concept Laser GmbH, EnvisionTEC GmbH, 3T RPD Ltd, Materialise NV, 3D Systems Corporation, Arcam AB, Prodways Group, and EOS GmbH Electro Optical Systems.

Source VynZ Research