Market Analysis
The 4D printing in healthcare market is likely to touch USD 30.4 million at a 29.4% CAGR between 2019-2025, as per the recent Market Research Future (MRFR) report. The concept of 4D printing has brought a noteworthy change in the healthcare sector. It is the upgradation of 3D printing. Here the fourth dimension is the shape of the product and time, which can change with time. Reduced carbon footprint, added manufacturing efficiency, new applications from adaptive materials, and rising capability of printed products are some of the key benefits of 4D printing technology.
Numerous factors are adding to the global 4D printing in healthcare market growth. These factors, according to the recent MRFR report, include increasing use in the dental industry, increasing R&D activities, increasing investments by chemical companies, and increasing use of materials that are technologically advanced.
On the contrary, limited skilled professionals and strict regulatory policies are factors that may limit the global 4D printing in healthcare market growth during the forecast period.
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Market Segmentation
The Global 4D Printing in Healthcare Market has been segmented into Component, Technology, Application, and End User.
By component, the market has been segmented into software & services, equipment (3D bioprinters, 3D printers), smart material. Smart material is further segmented into Shape Memory Materials (SMM) (Shape Memory Alloys (SMA), Shape Memory Polymers (SMP), Shape Memory Hybrids (SMH), Shape Memory Ceramics (SMC) and Shape Memory Gels (SMG)), Hydrogels, Living Cells, and others
Software and services accounted for the major market share in 2018. 3D printers have already been installed in numerous healthcare facilities across the globe. However, these machines would require updated software and also various services for the manufacturing of 4D products.
However, smart material is expected to grow at the fastest growth rate due to continuous advancements in 4D printing materials.
By technology, the market is segmented into direct inkjet cure, Fused deposition Modeling (FDM),
stereolithography, laser-assisted bioprinting, and selective laser melting. FDM accounted for the largest market share due to its wide choice of raw materials and cost-effective process.
Based on application, the market is segmented into dental, prosthetics (finger splints, prosthetics implants, hip disarticulation, and lower limb/extremity componentry among others), orthopedic implants, tissue engineering (bone and cartilage scaffolds, ligament, and tendon scaffolds), medical components, hearing aids, drug screening and others. Furthermore, dental applications have been segmented into dental implants (subperiosteal implants, endosteal implants), dentures, crowns & bridges, clear aligners, others. Dental application accounted for the major market share due to large number of products manufactured from 4D printing, such as clear aligners, dental implants, and others. Clear aligners have been one of the most manufactured products through 3D printing. Align technology, the leader in clear aligner market that accounts for about 80% of the market uses 3D Systems to produce over 320,000 custom aligners per day. Clear aligners can further be enhanced using 4D printing, as these products require shape altering properties according to the changing structure of the teeth on weekly basis.
Regional Analysis
By region, the 4D printing in healthcare market report covers the growth opportunities and recent trends across the Americas, the Asia Pacific (APAC), Europe, and the Middle East and Africa (MEA) and Of these, the Americas is projected to spearhead the market over the forecast period for the presence of top industry players in the region, rising R&D activities, and the existence of top medical device companies.
The 4D printing in healthcare market in Europe is predicted to hold the second-largest share during the forecast period for increasing usage of 3D and 4D printing in healthcare.
The market on 4D printing in healthcare in the Asia Pacific region is predicted to expand at a rapid pace for the huge investments by private and public companies and government bodies.
The market on 4D printing in healthcare in the MEA will have a small share during the forecast period.
Key Players
Eminent players profiled in the global 4D printing in healthcare market report include Dassault Systèmes (France), Materialise NV (Belgium), Organovo Holdings Inc. (US), Poietis (France), EnvisionTEC (Germany), 3D Systems, Inc (US), and Stratasys Ltd (US).
Industry News
February 2020: Researchers at Sunnybrook Health Sciences Centre and the University of Toronto have developed a 3D bioprinter, the handheld 3D printer, to treat large skin burns.
Table of Contents
1. REPORT PROLOGUE
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope of the Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
3. RESEARCH METHODOLOGY
3.1. Overview
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
4. MARKET DYNAMICS
4.1. Overview
4.2. Drivers
4.3. Restraints
4.4. Opportunities
5. MARKET FACTOR ANALYSIS
5.1. Porter’s Five Forces Analysis
5.1.1. Bargaining Power of Suppliers
5.1.2. Bargaining Power of Buyers
5.1.3. Threat of New Entrants
5.1.4. Threat of Substitutes
5.1.5. Intensity of Rivalry
5.2. Value Chain Analysis
5.3. Investment Opportunity
5.4. Historical Research & Development for 4D printing
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