4D Printing in Healthcare Market to Hit USD 203.45 Billion
From GlobeNewswire: 2024-11-05 09:00:00
Research by SNS Insider reveals the 4D Printing in Healthcare Market is projected to reach USD 35.41 billion in 2023, increasing to USD 203.45 billion by 2032, with a promising CAGR of 21.5% from 2024 to 2032. Factors driving growth include demand for customized healthcare services and innovative bioprinting technologies.
The 4D Printing in Healthcare Market offers dynamic responsive solutions through technologies like 3D and 4D printing. These technologies use materials that can change shape or function over time, making them ideal for personalized medicine and patient-specific implants. This results in higher surgical precision, patient comfort, and better clinical outcomes.
Key players in the 4D Printing in Healthcare Market include Stratasys Ltd, 3D Systems, Inc, EnvisionTEC, Poietis, Organovo Holdings Inc, Materialise NV, Dassault Systèmes, and other players. The market is segmented by component, technology, application, and end-user, with significant growth opportunities in personalized medicine and patient-specific implants.
In 2023, the 3D Printers segment held the largest share of the market, driven by the adoption of innovative printers for personalized patient care and medical models. PolyJet technology led the market due to its high precision in creating complex healthcare devices, while the Patient-Specific Implants application dominated the market with its ability to customize implants for individual patients.
North America led the 4D Printing in Healthcare Market in 2023, supported by a strong medical device industry and robust research landscape. Companies like Stratasys, 3D Systems, and Materialise are driving innovation in medical applications, enhancing patient care through new technologies and applications. In September 2023, Stratasys introduced the J850 TechStyle 3D Printer for high-quality medical models and prototypes. In August 2023, 3D Systems introduced the DMP Flex 350 for metal 3D printing in healthcare, enhancing surgical tools and implants. Organovo’s new bioprinting tech in July 2023 allows printing of vascularized tissues for regenerative medicine. Materialise NV’s software update in June 2023 improves patient-specific surgical guides. EnvisionTEC’s D2 3D Printer in May 2023 meets custom dental needs. Poietis’ FDA-cleared NGB bioprinter in April 2023 advances living tissue printing for research and therapy.
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