Global 4D Printing in Healthcare Market Size to Reach USD 35.8 Million by 2028 - Rising Adoption of 4D Printing in Healthcare to Boost Market – Vantage Market Research

WASHINGTON, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research’s recent analysis of the global 4D Printing in Healthcare market finds that mounting adoption of 4D Printing in Biomedical & Biotechnology is expediting market growth. Primarily driven by rising investments from government as well as several key players, the total global 4D Printing in Healthcare market is estimated to reach USD 35.8 Million by 2028, up from USD 10.1 Million in 2021, at a Compound Annual Growth Rate (CAGR) of 26.7%.

Furthermore, the increasing prevalence of chronic diseases, and increasing need advanced technology is projected to augment the growth of the global 4D Printing in Healthcare market, states Vantage Market Research, in a report, titled “4D Printing in Healthcare Market by Component (Software, Services, Smart Material, Others), by Technology (Fused Deposition Modelling, Direct Inkjetcure, Others), by Application (Dental, Prosthetics), by End-User (Hospitals & Clinics, Dental Laboratories, Other End-Users), by Region (North America, Latin America, Europe, Asia Pacific) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)”.

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(Please note that the sample of this report has been updated to include the COVID-19 impact study prior to delivery.)

Market Dynamics:

Increasing Prevalence of Chronic Diseases Such as Cancer and Diabetes, Among Others

Technology advancement has been revolutionized the way diseases are diagnosed and treated now than earlier in the healthcare industry. 4D printing is the process through which a 3D printed object transforms itself into another structure over the influence of external energy input. 4D printing originates in 3D printing, but beyond 3D printing. 3D printing is a product of consistent research and technology advancement which is proved to be an alternative in the diagnosis and treatment in cancer.  Cancer research has greatly evolved with the help 3D printing and doctors can create patient centric models of cancerous body part to prepare surgeries. Also, the demand for organ transplants is also increasing. The ability to make 4D structures can give a precise idea of organ which can help doctors to while performing surgeries. Thus, further driving the market growth over the forecast period.

Rising investments and demand for advanced technology

Since past decade, technology is increasing at its unprecedented level. Launch of 3D printing technology in healthcare, revolutionized the healthcare sector. 4D printing originates in 3D printing, but is beyond 3D printing. Now a days the Increasing trend for customized/patent specific implants is surging the demand for advanced technology in such surgeries, especially in organ transplants. Thus, to overcome the situation, the government as well as several major players are investing their money heavily in Research and Development sector. Thus, rising investments and need for new advanced technology is further propelling the market growth over the forecast period. However, stringent government regulations may hinder the market growth over the forecast period.

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COVID-19 Impact Analysis:

The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Consequently, the manufacturing industries were shut down for a period of time. However, R&D sector as well as hospital and clinics were still continuously working under the stringent regulations of the government regarding health and COVID safety.  The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:

  1. Impact Assessment of COVID-19 Pandemic
    1. North America
    2. Europe
    3. Asia Pacific
    4. Latin America
    5. Middle East & Africa
  2. Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
  3. Key Strategies Undertaken by Companies to Tackle COVID-19
  4. Long Term Dynamics
  5. Short Term Dynamics

 The report on 4D Printing in Healthcare Market highlights:

  • Assessment of the market
  • Premium Insights
  • Competitive Landscape
  • COVID Impact Analysis
  • Historic Data, Estimates and Forecast
  • Company Profiles
  • Global and Regional Dynamics

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Regional Analysis:

North America Dominates the Global 4D Printing in Healthcare Market

North America has dominated the global 4D Printing in Healthcare market in 2021 and is likely to continue the same trend during the forecast period. The market growth in the region is attributed to factors such as, increasing technological innovations, growing number of chronic diseases as well as increasing adoption of 3D and 4D printing and favourable government regulations.

Asia Pacific is likely to witness fastest growth in the 4D Printing in Healthcare market during the forecast period. The market growth in the region is attributed to factors such as, rising investment by government bodies as well as advancements in technology for 3D printing services in the region. Thus, anticipated to boost 4D Printing in Healthcare market growth over the forecast period.

List of Prominent Players in the 4D Printing in Healthcare Market:

  • D Systems (US)
  • Organovo Holdings Inc. (US)
  • Stratasys Ltd. (US & Israel)
  • Dassault Systèmes (France)
  • Materialise (Belgium)
  • EOS GmbH Electro Optical Systems (Germany)
  • EnvisionTEC (Germany)
  • Poietis (France)

Recent Developments:

March 2019: The United States Patent and Trademark Office issued AccuVein’s 40th patent, extending the protection of AccuVein’s market-leading Vein Visualization System.

Browse Summary of this Research Report:

Key questions answered in the report:

  • Which regional market will show the highest and rapid growth?
  • Which are the top five players of the 4D Printing in Healthcare Market?   
  • How will the 4D Printing in Healthcare Market change in the upcoming six years?  
  • Which application and product will take a lion’s share of the 4D Printing in Healthcare Market?     
  • What is the 4D Printing in Healthcare market drivers and restrictions?  
  • What will be the CAGR and size of the 4D Printing in Healthcare Market throughout the forecast period?  

This market titled “4D Printing in Healthcare Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:

Report AttributeDetails
Market Size in 2021USD 10.1 Million
Projected Market Size in 2028USD 35.8 Million
CAGR Growth RateCAGR of 26.7% From 2022 - 2028
Base Year2021
Historic Years2016 - 2020
Forecast Years2022 - 2028
Segments CoveredComponent
  • Software
  • Services
  • Smart Material
  • Others
  • Fused Deposition Modelling
  • Direct Inkjetcure
  • Others
  • Dental
  • Prosthetics
  • Hospitals & Clinics
  • Dental Laboratories
  • Other End-Users
Quantitative Data - UnitsRevenue in USD Million/Billion and CAGR from 2022 to 2028
Regions CoveredNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Report CoverageMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

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