3D Printing Market For Healthcare Will Reach $2,879M In 2019

LONDON - Feb. 11, 2015 - PRLog -- LONDON, UK. 26^th January 2015:  A new report by visiongain (http://www.visiongain.com/) forecasts the overall world market for 3D printing in healthcare applications will reach $2,879m in 2019. That industry will achieve high sales growth from 2015 to 2025. Its market generated $825m in 2014, also notes 3D Printing for Healthcare: R&D, Industry and Market 2015-2025, published in January 2015.

The purpose of that analysis is to give business predictions planners, influencers and leaders need. Visiongain is a business information publisher and consultancy in London, UK. It produces analysis to help companies understand industries and their potentials.

That new investigation predicts the overall market for 3D printing (additive manufacturing) in the healthcare industry is expanding rapidly in early 2015. That revenue expansion will continue during that study’s forecast period, 2015-2025.

3D printing is an advanced manufacturing technique capable of creating a solid 3D object from a digital model. This permits creation of complex shapes, surfaces and architectures using a variety of materials, which ensures those technologies are well suited for healthcare applications. Personalised medical and dental products can be manufactured cost effectively using this technique, as traditional manufacturing methods do not offer comparable patient specific capabilities. The demand for such products is rising, driving growth of that industry.

Dr Alasdair Stewart, a pharmaceutical industry (https://www.visiongain.com/Pharma/47/Reports) analyst in visiongain, said: “3D printing has advanced the production of personalised medical products, including implants, prostheses, devices, surgical guides and models. Those products are created using patient specific data to create truly personalised devices that are helping to advance medicine in a number of fields. Personalised medicine is of increasing significance in the healthcare community, which is causing a surge in demand for custom-made products. 3D printing is well suited for this type of manufacturing as it is an efficient and cost effective method for creating low volume, high value, customised parts. It has the added benefit of being able to create complex designs that can improve performance of certain devices in vivo, which cannot be easily replicated using alternative manufacturing methods.

“Advances in printer, software and materials technology enable the use of 3D printing in a growing list of healthcare related applications. This has led to strong growth in healthcare markets over the last three years as adoption of the technology has taken hold. This will continue over our forecast period, as accessibility and affordability of 3D printing technology improves at a rapid rate. One such example is the commercial release of bio-printed tissue in Q4 2014. Bio-printed tissues have the potential to revolutionise regenerative medicine and create a new platform for drug development. This has attracted large-scale investment in the technology, which will start generating significant revenue from 2015 to 2025.

“3D printing has created new possibilities in the healthcare field, incorporating patient-specific pre-surgical planning all the way through to manufacturing of customised implants. Superior health outcomes and reduced healthcare costs are driving uptake of this technology, and will continue to do so between 2015 and 2025.”

Visiongain’s new report contains revenue forecasts to 2025 at overall world, submarket and national level. Its global forecast is divided into submarkets of 3D printing technology and 3D printed products for healthcare. The products submarket is further analysed by application, with individual revenue forecasts for dental products, medical implants, bio-printed tissue and other medical uses.

That study also analyses leading national markets: the US, Japan, Germany, France, Italy, the UK, Spain (EU5 countries), Brazil, Russia, India and China (BRIC nations). It gives revenue forecasts and market shares for those markets to 2025. Companies and other organisations in the field are assessed, and products in development discussed. Also that report contains seven interviews with authorities in that field, giving insight into companies, operations, developments, products and that industry’s trends.

3D Printing for Healthcare: R&D, Industry and Market 2015-2025 adds to visiongain’s range of analytical reports on industries and markets in healthcare. Those studies cover pharmaceuticals, outsourcing services, diagnostics and medical devices.

For sample pages and further information concerning the visiongain report, T3D Printing for Healthcare: R&D, Industry and Market 2015-2025 please visit: https://www.visiongain.com/Report/1386/3D-Printing-for-Healthcare-R-D-Industry-and-Market-2015-2025

For an executive summary please contact:
Email: Sara Peerun on sara.peerun@visiongainglobal.com

Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business.