3D Printing Health Care Market Report Released

According to a new report by Allied Market Research, the 3D printing health care market is expected to grow at a CAGR of 26.6% from 2015 to 2020.

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. Moreover, the ability of 3D printing technology to provide customized and personalized medical devices and increasing set of available and biocompatible materials are anticipated to drive the market growth.

The study’s key findings include:

• Polymers are the most preferred materials for 3D printing, as they account for about half of the market revenue in the materials market; whereas, the ceramics segment is projected as the fastest growing segment with a CAGR of 32.1% during the forecast period.
• The electron beam melting technology segment is projected to grow at the highest CAGR of 29.6% from 2015 to 2020.
• The medical and surgical centers end user segment accounts for two-thirds of the market and is expected to dominate the market until 2020.
• The tissue engineering application segment would emerge as the fastest growing segment, registering a CAGR of 31.7% during the forecast period.
• North America accounted for two-fifths share of the healthcare 3D printing market, whereas the Asia-Pacific is anticipated to be the fastest growing market, registering a CAGR of 29.7% from 2015 to 2020.

Sources: Press materials received from the company and additional information gleaned from the company’s website.