3D Printing Medical Devices Market to exceed $2.2 Bn by 2024

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3D Printing Medical Devices Market forecast to
exceed 2.2Bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from 3D Printing Medical Devices
Market

• The 3D printing technology has been touted by
  industry gurus as one of the most revolutionary
  ones in the last few years, given its extensive
  proliferation in the manufacturing, automotive,
  construction, chemicals, food beverage, and
  medical sectors.
• As per estimates, healthcare 3D printing industry
  has been projected to cross a valuation of USD 2
  billion by 2024.
• The application of 3D printing in healthcare
  industry is thus, certain to depict an upward
  growth trend, as is evident from the robust 3D
  printing innovations being conducted across the
  medical and pharma sectors, such as 3D-printed
  skin for burns, 3D splints for babies, and 3D
  dental implants.
• It comes as no surprise therefore, that 3D
  printing medical devices market may record a CAGR
  of 20 over 2017-2024.
• Recognizing the need for high-grade 3D printing
  in healthcare industry, the National University
  of Singapore Centre for Additive Manufacturing
  plans to develop, enhance, and deploy 3D printing
  technology in the medical sector, with reference
  to which the institute has launched a new
  knowledge center worth USD 18 million.

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Continued...

• Aspect Biosystems, a Canada-based biotech firm
  has recently declared a partnership with DePuy
  Synthes Products Inc., with an aim to reinvent
  the growth curve of 3D bioprinting and by
  extension, effectuate developments in healthcare
  3D printing industry.
• Considering the ever-growing pool of elderly
  patients suffering from osteoporosis, surgical
  treatment of a torn meniscus via 3D printing will
  garner positive acclaim worldwide, leading to the
  widespread commercialization of 3D printing
  medical devices market.
• Shrewdly leveraging on the profitability quotient
  of 3D printing in healthcare industry,
  Italy-based OXYDO has collaborated with
  Materialise NV and the Safilo Group to
  manufacture 3D printed eclectic eyewear brands.
• Numerous other innovations prevalent across
  healthcare 3D orienting market include the
  creation of 3D-printed skin, 3D-printed ears, as
  recently developed in Scotland for
  Microtia-affected kids, and even 3D-printed
  hearts, liver, and other vital organs.
• All in all, the potential for 3D printing
  continues to remain colossal, and expert
  consensus specifically gestures toward the notion
  that healthcare 3D printing market will bring
  about conspicuous revolution across the medical
  fraternity in the many years to come.

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U.S. Healthcare 3D Printing Market Share, By
Technology 2013-2024 (USD Million)

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