3D Printing Healthcare Market is Expected to Reach $2.3 Billion, Globally, by 2020

A new report published by Allied Market Research, titled, “World 3D Printing Healthcare Market—Opportunities and Forecasts, 2014–2020,” projects that the world 3D printing healthcare market is forecast to grow at a CAGR of 26.2% from 2015 to 2020. External wearable devices application is set to boost the 3D printing healthcare market to $2.3 billion market by 2020. In addition, medical and surgical centers are the major end users of the 3D printing technology by constituting around three-fourths share of the total 3D printing healthcare market.

The world 3D printing healthcare market is mainly driven by several technological breakthroughs, such as multi-material, full color 3D printers that are solar-powered and portable. In addition, public and private organizations have been investing in R&D activities, thereby driving the market growth. Continue reading “3D Printing Healthcare Market is Expected to Reach $2.3 Billion, Globally, by 2020”

Global 3D bioprinting market is expected to reach USD 1.82 billion by 2022

Global 3D bioprinting market is expected to reach USD 1.82 billion by 2022, according to a new report by Grand View Research Inc.

Rising prevalence of chronic diseases such as Chronic Kidney Disease (CKD) which demands kidney transplantation is expected to boost the market growth, as 3D bioprinting is convenient and cost effective substitute for organ transplantation. Continue reading “Global 3D bioprinting market is expected to reach USD 1.82 billion by 2022”

3D Medical Acquires Medical Technology Business Mach7 in a $60Mn Deal

3D Medical, an ASX-listed medical company that prints customised 3D models of patients’ bones and organs for doctors and surgeons, has acquired United States medical technology business Mach7 in a deal worth $60 million

3D Medical had previously been the exclusive Australian reseller of Mach7’s image management platform.  Continue reading “3D Medical Acquires Medical Technology Business Mach7 in a $60Mn Deal”

Global 3D Printing Medical Devices Market Projected to Grow at 25.3% CAGR in 2015-2020

The global 3D printing medical devices market is estimated to grow at a CAGR of 25.3% from 2015 to 2020. Although developed countries (such as the U.S., Germany, and the U.K.) hold larger shares in the 3D printing medical devices market, the Asia-Pacific region is poised to witness the highest CAGR in the coming five years. Factors such as the presence of a large patient population, increasing efforts by leading market players to expand their distribution networks, rising awareness regarding the benefits of 3D printing technology in the emerging Asian countries, and establishment of novel 3D printing research and training centers are propelling the growth of the 3D printing medical devices market in the Asia-Pacific region. Continue reading “Global 3D Printing Medical Devices Market Projected to Grow at 25.3% CAGR in 2015-2020”

Tissue Engineering and Dental Implants Set to Boost 3D Printing in Healthcare to a $1.2 Billion Market by 2020

3D printing (3DP) or additive manufacturing (AM) is used to convert a 3D model into a three dimensional object and the material used for this purpose is called 3DP material. 3D printing has begun to flourish in various application areas in healthcare such as dental, medical, implants, drug manufacturing and so on. Continue reading “Tissue Engineering and Dental Implants Set to Boost 3D Printing in Healthcare to a $1.2 Billion Market by 2020”