4D Printing in Healthcare Market

4D Printing in Healthcare Market Segmentation by Component (Hardware, Software, and Service); by Technology (Stereo lithography, Polyjet, Fused Deposition Modelling, and Selective Laser Sintering); by Application (Surgical Guides, Patient Specific Implants, and Medical & Research Model); and by End-user (Hospitals, Clinics, Laboratories, and, Others) – Global Demand Analysis and Opportunity Outlook 2020-2029

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Report ID: 2909 | Published On: Feb 01, 2022

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Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022. Purchasing power in the country is expected to fell nearly by 2.5%.
On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.


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Global 4D Printing in Healthcare Market Highlights over 2020-2029

The 4D printing in healthcare market is estimated to grow with a high CAGR during the forecast period, i.e., 2021-2029. Extensive research associated with the crucial transforming process in the medical field and the growing investments in the development of advanced technologies in 4D printing is expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as the changing consumer preferences from 3D to 4D-based medical devices and the wide range of application in healthcare industry on a global level. According to the data collected from the United States Government Information on Organ Donation and Transplantation, in 2021, more than 107,000 number of women, men, and children names have been registered for organ transplantation. The increasing necessity for organ transplantation is further expected to boost the requirement rate of 4D printing in healthcare industry.

4D Printing in Healthcare Market

The market is segmented based on components into hardware, software, and service, out of which, the software & service segment is anticipated to grab the largest share by the end of 2021 on account of a diverse range of applications in healthcare industry. Moreover, 3D printing software is widely being used for designing, creating, and assembling models, which is also projected to contribute to the growth of the segment during the forecast period. CLICK TO DOWNLOAD SAMPLE REPORT

On the basis of technology, the polyjet segment in the global 4D printing in healthcare market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that it enables the development of complex shapes integrated with delicate features and intricate details. On the basis of applications, the market is segmented into surgical guides, patient specific implants, and medical & research model, among which, the medical & research models’ segment is expected to witness the highest growth over the forecast period, on account of increasing research & development activities to deliver better solutions to the patients. 


Global 4D Printing in Healthcare Market Regional Synopsis

Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the North America is predicted to grow at the highest CAGR over the forecast period owing to the presence of major players in the region. Along with this, the North America also leads in terms of technological advancements and research & development activities conducted by the major players to develop innovative solutions, which is also expected to contribute to the market growth in the region.

4D Printing in Healthcare Market

The global 4D printing in healthcare market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis


Market Segmentation

Our in-depth analysis of the global 4D printing in healthcare market includes the following segments:

By Component

  • 3D Printer SMM
  • Cells
  • Software & service
  • Equipment

By Technology

  • Stereo lithography
  • Polyjet
  • Fused Deposition Modelling
  • Selective Laser Sintering

By Application

  • Surgical Guides
  • Patient Specific Implants
  • Medical & Research Model

By End-User

  • Hospitals
  • Clinics
  • Laboratories
  • Others


4D Printing in Healthcare Market
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Growth Drivers

  • Rising Demand for 4D Printing for Organ Transplant
  • Increasing Research & Development in 4D Printing

Challenges

  • Potential Safety Hazards
  • Low Adoption Rate in Low Economic Countries


4D Printing in Healthcare Market
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Top Featured Companies Dominating the Market

    • 3D System Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Stratasys, Ltd.
    • Materialise NV
    • Envisiontec
    • EOS GmbH Electro Optical System
    • Dassault Systèmes
    • Organovo Holdings, Inc.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the 4D printing in healthcare market?

Ans: Increasing research & development in the 4D printing technology and growing adoption of advanced 4D-based medical devices are the key factors driving market growth.

2) What would be the CAGR of 4D printing in healthcare market over the forecast period?

Ans: The market is anticipated to attain a high CAGR over the forecast period, i.e., 2021-2029.

3) What are the challenges affecting the 4D printing in healthcare market growth?

Ans: Lower adoption rate in low economic countries and potential safety hazards are estimated to hamper market growth.

4) Which region will provide more business opportunities for growth of 4D printing in healthcare market in future?

Ans: The market in North America region will provide ample growth opportunities owing to the increasing advancement in the market.

5) Who are the major players dominating the 4D printing in healthcare market?

Ans: The major players dominating the 4D printing in Healthcare market are 3D Systems, Organovo Holdings Inc., Stratasys Ltd., Dassault Systèmes, Materialise, EOS GmbH Electro Optical Systems, EnvisionTEC, among others.

6) How are the company profiles selected?

Ans: The company profiles are selected on the basis of revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the 4D printing in Healthcare market?

Ans: The market is segmented by component, technology, application, end-user, and region.

8) Which segment under the application segment captures the largest market size in the 4D printing in Healthcare market?

Ans: With respect to application, the medical & research model segment is anticipated to hold the largest market share owing to its increased R&D activities to innovate better solutions for patients.

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