World 3D Printing Healthcare Market - Estimated to Reach $2,363.8 million by 2020
DUBLIN, Feb. 19, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/fn5vhg/world_3d_printing) has announced the addition of the "World 3D Printing Healthcare Market - Opportunities and Forecasts, 2014 - 2020" report to their offering.
The world 3D printing healthcare market was evaluated at $579.0 million in 2014 and is estimated to garner $2,363.8 million by 2020, registering a CAGR of 26.2% during the forecast period 20152020.
This market is expected to witness significant growth during the forecast period on account of the numerous technological innovations in this sector. In addition, augmented R&D investments, rapidly expanding customer base, increasing scope of biomedical applications, and extensive research and development activities at the academic and industrial level have fueled the market growth.
Furthermore, collaborations between academic institutions and companies to accelerate the process of product development has supplemented the market growth. However, absence of a structured regulatory framework, unfavorable reimbursement policies, high costs associated with printers, copyright & patent infringement concerns, biocompatibility issues of 3D printed medical devices, and limited technical expertise are the major factor hampering the growth of the market.
In the current market scenario, the world 3D printing healthcare market is largely consolidated by the two market leaders: 3D Systems Corporation and Stratasys Ltd. Technological advancements to improve portability, cost efficiency, and energy efficiency of 3D printers as well as developing software for predicting the thermal and mechanical properties of the object are anticipated to expand the scope of this market.
Companies Mentioned:
- 3D Systems Corporation
- Arcam AB
- Bio3D Technologies
- Cyfuse Biomedical K.K.
- EnvisionTec
- Materialise NV
- Organovo Holdings
- Oxford Performance Materials Inc.
- SLM Solutions Group AG
- Stratasys Ltd
Key Topics Covered:
CHAPTER 1 - Introduction
CHAPTER 2 - Executive Summary
CHAPTER 3 - Market Overview
CHAPTER 4 - Market by Component
CHAPTER 5 - Market by Technology
CHAPTER 6 - Market by Application
CHAPTER 7 - Market by End User
CHAPTER 8 - Market by Geography
CHAPTER 9 - Company Profiles
For more information visit http://www.researchandmarkets.com/research/fn5vhg/world_3d_printing
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