Global Healthcare Additive Manufacturing Market Report 2021: Additive Manufacturing Playing a Significant Role in the Fight Against COVID-19 by Speeding Up the Manufacturing Process

DUBLIN, Feb. 19, 2021 /PRNewswire/ -- The "Healthcare Additive Manufacturing Market Size, Share & Trends Analysis Report by Technology (Laser Sintering, Deposition Modeling), by Application (Medical Implants, Wearable Devices), by Material, and Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

The global healthcare additive manufacturing market size is valued at USD 6.4 billion in 2028 and is anticipated to grow at a CAGR of 21.8% over the forecast period.

Easy development of customized products, reduction in manufacturing cost due to technological advancements, and possibilities of using various material for printing are propelling market growth.

The growing success of additive manufacturing is due to its benefits over conventional manufacturing methods. Some of the benefits include the application of advanced technology; use of a wide range of materials like metal, plastics, and polymers; flexibility in design; build speed; dimensional accuracy; and its ability to produce complex parts/geometry, such as cooling channels and honeycomb structure. Production of implants and prosthetics is the largest application for additive manufacturing in the healthcare industry.

There is an increasing demand for orthopedic procedures, such as knee & hip replacements, due to the increasing geriatric population. Moreover, the increasing application of dental implants along with a growing need for prosthetics is another key factor expected to drive the market. North America and Europe were the leading regional markets in 2020. This growth was attributed to extensive R&D, advanced healthcare system, and the presence of leading 3D printing machinery manufacturers & material suppliers in these regions.

Additive manufacturing is playing a significant role in the fight against COVID-19 by compensating for the shortage of medical supplies by speeding up the manufacturing process. This will drive the growth of the market over the forecast period. However, stringent regulatory approvals associated with medical devices might hinder the growth.

Healthcare Additive Manufacturing Market Report Highlights

• Laser sintering accounted for the largest market share of 31.0% in 2020 as it uses a wide variety of materials to make high-quality, complex geometries and can produce several pieces at one time.
• The polymers material segment accounted for the largest revenue share of more than 50% in 2020, as polymer-based AM has been used for decades in creating medical instruments as well as prosthetic limbs & related accessories.
• North America led the market in 2020 and accounted for the largest share of more than 35% due to the presence of several additive manufacturing companies with a robust distribution network.
• Asia Pacific is projected to be the fastest-growing regional market over the forecast period due to significant demand for dental 3D printing as a result of an increasing number of people undergoing tooth replacement surgeries.

Key Topics Covered:

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Research Methodology
1.3 Information Procurement
1.4 Information or Data Analysis
1.5 Market Formulation & Validation
1.6 Model Details
1.7 List of Secondary Sources
1.8 List of Primary Sources
1.9 List of Abbreviations
1.10 Objectives

Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights

Chapter 3 Healthcare Additive Manufacturing Market: Variables, Trends, & Scope
3.1 Market Lineage Outlook
3.1.1 Parent market
3.1.2 Ancillary market
3.2 Penetration & Growth Prospect Mapping
3.3 Regulatory Framework
3.4 Market Dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Demand for customized additive manufacturing
3.4.1.2 Patent expiration
3.4.2 Market Restraint Analysis
3.4.2.1 High costs associated with additive manufacturing
3.4.2.2 Lack of skilled professionals
3.5 Healthcare Additive Manufacturing Market Analysis Tools
3.5.1 Porter's Five Forces Analysis
3.5.2 PESTEL Analysis

Chapter 4 Healthcare Additive Manufacturing Market: Technology Segment Analysis
4.1 Healthcare Additive Manufacturing: Market Share Analysis, 2020 & 2028
4.2 Stereolithography
4.3 Deposition Modeling
4.4 Electron Beam Melting
4.5 Laser Sintering
4.6 Jetting Technology
4.7 Laminated Object Manufacturing

Chapter 5 Healthcare Additive Manufacturing Market: Application Material Segment Analysis
5.1 Healthcare Additive Manufacturing: Market Share Analysis, 2020 & 2028
5.2 Medical Implants
5.3 Prosthetics
5.4 Wearable Devices
5.5 Tissue Engineering

Chapter 6 Healthcare Additive Manufacturing Market: Material Segment Analysis
6.1 Healthcare Additive Manufacturing: Market Share Analysis, 2020 & 2028
6.2 Metals & Alloys
6.3 Polymers
6.4 Biological Cells

Chapter 7 Healthcare Additive Manufacturing Market: Regional Analysis
7.1 Healthcare Additive Manufacturing: Market Share Analysis, 2020 & 2028

Chapter 8 Company Profiles
8.1 Recent Developments & Impact Analysis, By Key Market Participants
8.2 Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
8.2.1 Participant Categorization
8.2.1.1 Innovators
8.2.1.1.1 3D Systems Inc.
8.2.1.1.2 EnvisionTEC GmbH
8.2.1.1.3 Stratasys Ltd.
8.2.1.1.4 EoS GmbH
8.3 Vendor Landscape
8.3.1 List Of Key Service Providers
8.4 Company Profiles
8.4.1 GE additive (GENERAL ELECTRIC)
8.4.2 3D Systems, Inc.
8.4.3 EnvisionTEC GMBH
8.4.4 RegenHU
8.4.5 Allevi, Inc.
8.4.6 EOS GmbH (Electro Optical Systems)
8.4.7 Materialise N.V.
8.4.8 Stratasys LTD.
8.4.9 Nanoscribe GmbH
8.4.10 GPI Prototype and Manufacturing Services, LLC.

For more information about this report visit https://www.researchandmarkets.com/r/34t1li

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