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Medical Industry promote 3D Printing in Medical Applications Market

The 3D printing in medical applications market can be categorized on the basis of raw material as biological cells, ceramics, metals, and polymers.
Rahul Gautam | 01.08.2018
3D Printing in Medical Applications © Rahul Gautam
The global 3D printing in medical applications market is growing significantly due to increasing demand for speedy medical solutions in the industry. Massive unexplored market in 3D printing industry of developing economies are creating ample opportunities for the 3D printing in medical applications market to grow at a considerable rate in the coming years.

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The 3D printing in medical applications market can be categorized on the basis of raw material as biological cells, ceramics, metals, and polymers. In terms of technology, laser beam melting and photopolymerization lead the 3D printing in medical applications market, as it is more precise and competent for manufacturing of variety of bio-models.

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Some of the factors driving the growth of 3D printing in medical applications market are increasing number of applications, rise in government and private funding, reduction in time and cost of medical procedures, rise in customized 3D printed medical products, and technological advancement in order to broaden the scope of medical applications. However, lack of skilled professionals, and problems related to material characterization and development are some of the factors restraining the growth of the 3D printing in medical applications market to some extent.

Geographically, North America will be leading the global 3D printing in medical applications market in the coming years, due to technological advancement to broaden the scope of medical applications. Moreover, Europe is the fastest growing region in the global 3D printing in medical applications market. The major reason for the fastest growth in the region is increasing government funding in 3D printing market.

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Some of the companies operating in the 3D printing in medical applications market are Eos GmbH Electro Optical Systems, Materialise NV, EnvisionTEC GmbH, 3D Systems Corporation, Nanoscribe GmbH, Voxeljet Technology GmbH, and Stratasys Ltd.