Global 3D Printing in Healthcare Market Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023
Global 3D printing in healthcare market is expected to grow at a CAGR of 22% during the forecast period of 2018-2023. The market is driven by growing popularity of 3D printing, rising demand for implants and technological advancement. 3D printing has been an attraction across the globe due to its property of producing exact functional prototype of an object. It is also known as additive manufacturing 3D printing that is mainly used for manufacturing implants. One of the main advantages that makes it better over the conventional implants is the level of customization. Conventional implants go by ‘one size fits all’ approach which may lead to severe complications for the patients. However, by using the 3D printing technology a physician can produce exact prototype of the patient’s bones. 3D printers are also being used to manufacture surgical equipment, surgical guides, hearing aids, tissue engineering and drug screening.