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.
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.
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
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
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.
