4D Printing in Healthcare Market size was over USD 35.62 billion in 2023 and is poised to cross USD 493.01 billion by the end of 2036, witnessing more than 22.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of 4D printing in healthcare is estimated at USD 42 billion.
Extensive research associated with the crucial transforming process in the medical field and the growing investments in the development of advanced technologies in 4D printing is expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as the changing consumer preferences from 3D to 4D-based medical devices and the wide range of application in healthcare industry on a global level. According to the data collected from the United States Government Information on Organ Donation and Transplantation, in 2021, more than 107,000 number of women, men, and children names have been registered for organ transplantation. The increasing necessity for organ transplantation is further expected to boost the requirement rate of 4D printing in healthcare industry.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
22.4% |
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Base Year Market Size (2023) |
USD 35.62 billion |
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Forecast Year Market Size (2036) |
USD 493.01 billion |
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Regional Scope |
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The 4D printing in healthcare market is segmented based on components into hardware, software, and service, out of which, the software & service segment is anticipated to grab the largest share by the end of 2021 on account of a diverse range of applications in healthcare industry. Moreover, 3D printing software is widely being used for designing, creating, and assembling models, which is also projected to contribute to the growth of the segment during the forecast period.
On the basis of technology, the polyjet segment in the global 4D printing in healthcare market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that it enables the development of complex shapes integrated with delicate features and intricate details. On the basis of applications, the market is segmented into surgical guides, patient specific implants, and medical & research model, among which, the medical & research models’ segment is expected to witness the highest growth over the forecast period, on account of increasing research & development activities to deliver better solutions to the patients.
Our in-depth analysis of the global market includes the following segments
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By Component |
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By Technology |
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By Application
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By End-User
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North America Market Statistics
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. North America industry is set to dominate majority revenue share by 2036, owing to presence of major players in the region. Along with this, the North America also leads in terms of technological advancements and research & development activities conducted by the major players to develop innovative solutions, which is also expected to contribute to the market growth in the region.
Author Credits: Radhika Pawar
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