3D Printed Drugs Market - - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026

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3D Printed Drugs MarketIndustry Analysis, Size,
Share, Growth, Trends, and Forecast 2027

• Emphasis on Technology (Inkjet Printing, Fused
  Deposition Modelling, Stereolithography, Others),
  Apaplication (Orthopaedic, Neurology, Hearing
  Audibility Aid, Medical Implants, Dental, Others)

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• The global 3D Printed Drugs Market is expected to
  reach the marke valuation of US 2,064.8
  million by 2027 expanding at a reasonable CAGR of
  15.2 during the forecast period (2021-2027) from
  US 638.6 million in 2019. The surging elderly
  population coupled with the prevalence of
  communicable and non-communicable diseases
  leading to the demand for medicines therefore,
  the market of 3D printed drugs is witnessing an
  uptick.

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• The various factors driving the demand for 3D
  printed drugs include the growing end-users
  awareness which is leading to the emerging demand
  for personalized medicines Moreover, the
  proliferating prevalence of dysphagia is a key
  factor leading to the growing demand for
  instantaneous soluble drugs. In a study, it was
  found that the prevalence of dysphagia in the
  general population of 29 years to 32 years is
  around 16-23 which is increasing to 27 in those
  over 76 years of age. Furthermore, the government
  across the globe is more focused on 3D printing
  technology therefore investing in the same.  In
  2020, the government of Australia along with and
  the state of Lower Austria have launched two
  funding packages for digital technologies
  including 3D printing. Also, the government of
  the United Kingdom invested US 920.4 in 2010 for
  technologies including 3D printing as well.

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gs-market-current-analysis-and-forecast-2020-2027
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• Based on technology type, the 3D Printed Drugs
  Market is fragmented into Inkjet printing, Fused
  deposition modelling, Stereolithography, and
  Others. The inkjet printing segment dominated the
  market in 2019 and accounted for 42.2. The
  segment is anticipated to maintain its dominance
  during the forecast period as well on account of
  the benefits such as low cost, high quality of
  output, reasonably fast, etc. Moreover, the key
  players are launching new inkjet printers with a
  high capacity which is gaining end-users
  traction, and market share is witnessing an
  uptick. However, the stereolithography segment is
  expected to witness substantial growth during the
  forthcoming years.

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