London, 17 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global 3D Printing Market in Healthcare Industry 2015-2019, which is expected to grow at a CAGR of 14.74 percent during the period 2015-2019.
3D printing technology is enhancing surgical procedures and efficiency of the same, thereby rapidly gaining acceptance from medical professionals. It is one of the most lauded medical advancements expected to save and improve lives. 3D printing is changing pre-surgical planning, and thereby helps in honing expertise and better planning of long procedures to enhance efficiency. Printed images from scans can be put to use to replicate human organs that look real. 3D printing technology also enables the manufacturers of medical products to check on aspects related to manufacturing possibility and functionality of the products arising as a result of 3D printing.
“Many leading cosmetic and pharmaceutical companies are collaborating with 3D bioprinting companies to influence the drug discovery process and avoid testing on animals,” says Faisal Ghaus, Vice President of TechNavio.
Key Market Drivers
- Emerging Medical and Dental Application Areas
- Emerging Bioprinting Technology
- Increase in Global Demand for 3D Printing in Healthcare
Key Market Trends
- Increased Advances in Technology
- Increase in Mass Customization
- Increase in Collaborations within Companies
Key Market Vendors
- 3D Systems Inc.
- EnvisionTEC GmbH
- EOS GmbH
- Materialise NV
- Nanoscribe GmbH
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
