3D printers are used by the medical practitioners to produce medical devices, and it represents a shift in the medical manufacturing industry because of its low cost and the small size printers are used to make the technology widely accessible. A related area of 3D printing called bioprinting involves printing the human tissues and organs. The increased applications in dentistry where it is used to fabricate customised dental implants on the spot and providing necessary solutions for the patients with various medical conditions are the key factors that boost the market.
North America Healthcare 3D Printing Market size is projected to reach approximately $4.79 billion by the end of 2024 with a CAGR of close to 20.90% during the forecast timeline 2018-2024. The major factors that propel the growth of the North America Healthcare 3D Printing Market are the increasing collaborations between academic institutions and companies to accelerate the process of product development, rising government investments on the research and development and also the extensive industrial base. However
North America Healthcare 3D Printing Market is segmented on the basis of an application which is further segmented into surgical, implants and bioengineering in which implants holds the largest share in the market due to the increasing demand for the implants and also these are cost effective and accurate. On the basis of raw material which is segmented into metals, polymers, and ceramics, polymers hold the largest share in the market due to the high usage rates in printing bio-models. Technology segment is further segmented into a laser beam melting point, electron beam melting point, droplet deposition market, and photo-polymerization market. On the basis of Geography, United States witnesses the largest size in the market due to the advancement in the technology and also the implementation of the government initiatives on research and development.
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To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
North America Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major key players in North America Healthcare 3D Printing Market are:
MarketTrends: 3D Systems Corporation
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