3D Printing in Healthcare Market (By Component: System, Materials, Services; By Technology: Droplet Deposition, Photopolymerization, Laser Beam Melting, Electronic Beam Melting (EBM), Laminated Object Manufacturing, Others; By Application: External Wearable Devices, Clinical Study Devices, Implants, Tissue Engineering; By End User) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032


The global 3D printing in healthcare market size was estimated at USD 1.2 billion in 2022 and is expected to hit around USD 6.25 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 18% during the forecast period 2023 to 2032.

3D Printing in Healthcare Market Size 2023 To 2032

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Key Takeaways

  • By component type, the system segment generated 51% revenue share in 2022. However, the materials segment is registering growth at a CAGR of 21.3% over the forecast period.
  • By technology, the droplet deposition segment held a 29% revenue share in 2022.
  • By application, the external wearable devices segment accounted for 38.7% market share in 2022.
  • By end user, the medical & surgical centers segment exhibited a revenue share of around 45% in 2022. However, the academic institutions segment is growing at a CAGR of 21.6% between 2023 to 2032.
  • By region, North America garnered the highest revenue share 43% in 2022, and registered a CAGR of 19.5% from 2023 to 2032.
  • Asia-Pacific is expected to grow at a CAGR of 21.8% over the forecast period 2023 to 2032.

The process of 3D printing includes the manufacturing of objects that are dimensionally solid which are mainly used in the health care sector and is known in the name of additive manufacturing. Additive processes are put into use with a view to achieve 3D printed objects. Multiple layers are laid on each other in a successive manner to create an object while using the additive process for manufacturing. The layouts present themselves as very thin sliced layers in the form of a cross section obtained from the object. Customized medical devices and equipments that are utilized in the healthcare sector are manufactured with the help of this process. The rapidly increasing demand for personalized health care facilities which are provided by the use of customized medical equipments according to the requirement of the patient has emerged as a major growth factor for the 3D printing technology.

Many other advantages provided by this advanced technology as compared to the other traditional patterns which are utilized by decreasing the risks that are involved in operative procedures. The chances of sepsis can be controlled to a great extent by using these advanced technologies while performing the complex procedures which increases the success rate to a great extent. The exposure of the individual to anesthesia can be reduced to a great extent by using these advanced technologies for performing complex surgical procedures. A high cost associated with the use of advanced 3D printing technology has challenged the growth of the market to a great extent.

The outbreak of the pandemic had a considerable impact on the growth of the 3D printing in healthcare market. The implication of global lock down restricted mode imposed by the government hampered the growth of the market to a great extent. This step was taken to prevent the further spread of infection and control the rate of mortality. The health care sector suffered a tremendous loss during this period When the hospitals were given strict guidelines to entertain only emergency and unavoidable cases with a view to prevent the chances of cross infection in between the infected patients and the medical staff. The huge number of patients who were infected during the course of the pandemic had hampered the growth of the market to a great extent.

Growth Factors

The rapid advancements in the field of technology which has been made by the key market players emerges as a major growth factor for the 3D printing in healthcare market. The use of personalization and customization in the field of medicine has attracted the potential consumers to take advantage of the advanced technologies that have been used in the healthcare sector. The extensive research and development programs which are conducted by the key market players with a view to introduce modern technology into the market has helped the growth phase of the market to a great extent.

The advanced health care facilities which are provided by the government in many parts of the world has encouraged the people to opt for such advanced technologies. The extensive use of 3D printing technology in the pharmaceutical sector has also emerged as a major opportunity for the growth of the market.

The recent collaborations and deals which have taken place in the healthcare sector has boosted the scope for 3D printing technology to a great extent and is foreseen to experience a tremendous growth during the future as well.

  • Increasing investments made by key market players for introducing modern technology into the market.
  • Increasing awareness among the people regarding the availability of customized services in the healthcare sector.
  • The extensive research and development programs carried out by the key market players.
  • Rapid increase in the number of chronic diseases prevalent in the society.
  • Increasing disposable income which enables the people to opt for modern treatment options.

3D Printing in Healthcare Market Scope

Report Coverage Details
Market Size in 2023

USD 1.41 Billion

Market Size by 2032

USD 6.25 Billion

Growth Rate from 2023 to 2032 CAGR of 18%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered Component, Technology, Application, End User and Geography
Companies Mentioned

Formlabs Inc., General Electric, 3D Systems Corporation, Exone Company, Materialise NV, Oxferd Performance Materials, Inc., SLM Solutions Group AG, Organovo Holdings, Inc., Proto Labs, Stratasys Ltd

 

3D Printing in Healthcare Market Dynamics

Market Drivers

  • Technological advancements- The rapid advancements which have been experienced in the medical sector has boosted the demand for 3D printing techniques which provide a better analysis and study regarding the disease conditions and help the physician to opt for a suitable line of treatment.
  • Investment for research and development- The huge amount of investment made by the key market players with a view to introduce modern technology into the market to attract the potential consumers has emerged as a major driving force for the growth of the market.
  • Huge client base- A huge client base is available for the 3D printing technology which provides better results by analyzing the entire condition and helps in choosing a correct line of treatment.
  • Customized services provided to the consumer- The use of personalized and customized health care products has attracted the potential consumers by providing a flawless treatment experience. The increasing trend of using customized products in the healthcare sector has boosted the market for 3D printing to a great extent.
  • Application in the field of biomedical- The biomedical sector has also made use of 3D printing technology to obtain maximum precision and accuracy with the results produced.

Market Challenges

  • The high cost of the procedure- the high cost associated with the use of modern technologies and 3D printing techniques has emerged as a major challenge for the growth of the market. The total cost of treatment is boosted tremendously by the use of modern equipments.
  • Fluctuating reimbursement policies- The reimbursement policies which are provided by the insurance companies keep fluctuating in terms of their rules and regulations which makes it very uncertain for the consumer to opt for advanced treatment options and techniques. The high cost associated with the treatment options requires a backup in the form of reimbursement facilities to make the treatment options affordable for the patients.
  • Patent and copyright concerns- increasing trend of copyright and patent has challenged the growth of the market to a great extent.
  • Lack of skilled professionals- lack of availability of skilled professionals who can manage the modern devices and equipment has emerged as a major challenging factor for the growth of the market during the forecast period. our ability offers skilled technician becomes very important to obtain the correct output and results which will further decide the line of treatment for the patient.

Market Opportunities

  • Increasing application in the pharmaceutical sector- the use of 3D printing technology in the pharmaceutical sector has helped the market to achieve new heights and achieved a considerable growth over the period of time.
  • Facilities of bioprinting organs and tissues- they were ability of bioprinting technology which is used for the body tissues and organs has emerged as a major opportunity for the growth of the 3D printing in healthcare market.

Component Insights

On the basis of component, the segment of system has emerged as the largest market due to its increasing demand in the healthcare sector. The rapid advancements in the field of technology which has been experienced in the form of full color 3D printing and multi material use has boosted the demand for advanced technologies in the market.

3D Printing in Healthcare Market Share, By Component, 2022 (%)

The advanced equipments that have been used in the healthcare sector are now portable and can be carried to remote places which increases the scope for the health care services. The requirement for a flawless service in the healthcare sector it's very important with a view to carry out the entire process without obstacles and obtain the desired results after the procedure.

Technology Insights

On the basis of technology, the segment of droplet deposition has emerged as the fastest growing market as far as technology is concerned. The increasing demand of droplet deposition technique has boosted the size of the market to a great extent. The property of chemical endurance which is presented by the 3D printing technology has emerged as a major attraction for the potential consumers. These materials can withstand a very high temperature and hence they emerge as extremely durable products in the market. The increasing demand for advanced technologies among the people has boosted the size of the market to a great extent and is foreseen to continue in a similar fashion during the future as well.

End User Insights

On the basis of end user, the segment of surgical and medical centers has emerged as the largest market and it's foreseen to maintain its position during the future as well. The huge number of people who opt for surgical procedures has boosted the demand for modern technology in this sector. the use of modern technology such as 3D printing in the field of surgery has helped the medical fraternity to obtain better results in a shorter period of time. This has reduced the number of complications that arise during the surgical procedure and hence improves the quality of the entire process. The recent collaborations which have taken place in the healthcare sector has boosted the demand for use of advanced techniques in the operative procedures.

Application Insights

On the basis of application, the segment of external wearable devices has emerged as a major market due to its increasing demand among potential consumers. The rules and regulations pertaining to the 3D printers have been relaxed considerably which has emerged as a major opportunity for the market. The market of 3D printing in healthcare experience is a boost with the increasing acceptance among the people.

3D Printing in Healthcare Market Share, By Region, 2022 (%)

Regions Revenue Share in 2022 (%)
North America 43%
Asia Pacific 21%
Europe 27%
Latin America 5%
MEA 4%

 

Geography Insights

On the pictures of geography, the region of North America has emerged as the largest market for this advanced technology and is foreseen to maintain its position during the forecast period. The rapid advancements in the healthcare sector brought about by the government has boosted the size of the market to a great extent. Increasing awareness among the people regarding the available options has also helped the market to record a considerable revenue over the period of time. The huge number of operative procedures that are carried out in this region has also emerged as a major growth factor for the 3D printing in healthcare market.

Recent Developments

  • In September 2020 - with a view to develop the nTop software platform, funds were raised by ntopology of approximately USD 40 million, for additive manufacturing process.

3D Printing in Healthcare Market Companies

  • Formlabs Inc.
  • General Electric,
  • 3D Systems Corporation
  • Exone Company
  • Materialise NV
  • Oxferd Performance Materials, Inc.
  • SLM Solutions Group AG
  • Organovo Holdings, Inc.
  • Proto Labs
  • Stratasys Ltd

Segments covered in the report

By Component

  • System
  • Materials
    • Polymers
      • Photopolymers
      • Thermoplastics
    • Metals & Alloys
    • Ceramics
    • Others
  • Services

By Technology

  • Droplet Deposition  
    • Fused Filament Fabrication (FFF) Technology
    • Low-temperature Deposition Manufacturing (LDM)
    • Multiphase Jet Solidification (MJS)
  • Photopolymerization
    • Stereolithography (SLA)
    • Continuous Liquid Interface Production (CLIP)
    • Two-photon Polymerization (2PP)
  • Laser Beam Melting 
    • Selective Laser Sintering (SLS)
    • Selective Laser Melting (SLM)
    • Direct Metal Laser Sintering (DMLS)
  • Electronic Beam Melting (EBM)    
  • Laminated Object Manufacturing  
  • Others
    • Color Jet Printing
    • MultiJet Printing

By Application

  • External Wearable Devices 
  • Clinical Study Devices       
    • Drug Testing
    • Anatomical Models
  • Implants      
    • Surgical Guides
    • Cranio-maxillofacial Implants
    • Orthopedic Implants
  • Tissue Engineering

By End User

  • Medical & Surgical Centers
  • Pharmaceutical & Biotechnology Companies
  • Academic Institutions

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)

Frequently Asked Questions

What is the current size of 3D printing in healthcare market?
The global 3D printing in healthcare market size was accounted at USD 1.2 billion in 2022 and it is expected to reach around USD 6.25 billion by 2032.
What will be the CAGR of global 3D printing in healthcare market?
The global 3D printing in healthcare market is poised to grow at a CAGR of 18% from 2023 to 2032.
Who are the prominent players operating in the 3D printing in healthcare market?
The major players operating in the 3D printing in healthcare market are Formlabs Inc., General Electric, 3D Systems Corporation, Exone Company, Materialise NV, Oxferd Performance Materials, Inc., SLM Solutions Group AG, Organovo Holdings, Inc., Proto Labs and Stratasys Ltd
Which are the driving factors of the 3D printing in healthcare market?
Increasing research and development which is carried out by the key market players has emerged as a major driving force for the growth of the market
Which region will lead the global 3D printing in healthcare market?
North America region will lead the global 3D printing in healthcare market during the forecast period 2023 to 2032.

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