Market Research Future (MRFR) studied the global 4D printing in healthcare market 2021 for the analysis tenure till 2025. As per analysis tenure, the 4D printing in healthcare market is anticipated to register a 29.4% CAGR over the forecast tenure. By 2025, the market value of 4D printing in healthcare can touch USD 30.4 Mn.
Drivers and Restrains Impacting 4D Printing in Healthcare Market
The global market of 4D printing in healthcare market is expected to rise at a rapid pace by 2025. Major factors that can influence the rise of the of 4D printing in healthcare market include growing application of 4D printing in the expanding healthcare industry and surge in research and development activities. The rising adoption of disruptive materials and technology by several medical institute can promote the 4D printing in healthcare market.
In the healthcare sector, 3D printing is gaining grounds, exclusively in the field of prosthetics and dentistry, implants, and personalized medical treatments. The introduction of recent advancement in 3D printing across the healthcare sector availing customization of pharmaceutical tablets as well as various medication can prompt the market rise in the near tenure. The application of 4D printing in healthcare market as 4D printed devices that are deployed in the medical care sector due to shape-changing properties can directly influence the 4D printing rise in healthcare market in the approaching years. On the contrary, the need for frequent software updated can hinder the market rise, However, the availability of different services and the high production of 4D products can counter the market slow-down.
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Segment Assessment of 4D Printing in Healthcare Market
The global 4D printing in healthcare market’s segment study is based on component, end user, technology, and application.
The component-based segments of the global 4D printing in healthcare market are equipment (3D bioprinters and 3D printers), software services, and smart material. The segment of smart material is sub-segmented into (Shape Memory Alloys (SMA), Shape Memory Materials (SMM), Shape Memory Hybrids (SMH), Shape Memory Polymers (SMP), Shape Memory Gels (SMG)), Shape Memory Ceramics (SMC) Hydrogels, and Living Cells among others. The segment of software and services can secure the largest market share in the assessment tenure. The increase in the utility of 3D printers and the growing installment of numerous healthcare facilities on a globe scale can promote the market rise in the review period. The growing demand for smart material is likely to rise at the fastest pace due to continuous advancements in materials available for 4D printing.
The technology-based segments of the 4D printing in healthcare market are Fused deposition Modeling (FDM), direct inkjet cure, laser-assisted bioprinting, stereolithography, and selective laser melting. FDM is accounted for the highest share of the market owing to the availability of a wide choice of raw materials that are cost-effective.
The application-based segments of the 4D printing in healthcare market are dental, prosthetics, orthopedic implants, medical components, tissue engineering, hearing aids, drug screening. The segment of prosthetics is sub-segmented into finger splints, hip disarticulation, prosthetics implants, and lower limb or extremity componentry among others. The segment of tissue engineering is sub-segmented into ligament, bone and cartilage scaffolds, and tendon scaffolds. The segment of dental is sub-segmented into dental implants (endosteal implants and subperiosteal implants), crowns bridges, dentures, and clear aligners among others.
A large number of dental products are manufactured from 4D printing that include clear aligners and dental implants among others. The segment of clear aligners can thrive in the years to come. The align technology is expected to lead the global market with around 80% market share.
Regional Analysis of 4D Printing in Healthcare Market
By region, the worldwide market of 4D printing in healthcare is assessed for four major regions. They are; Americas, Europe (EU), Asia Pacific, and the Middle East Asia Africa. In the Americas, the 4D printing in healthcare market is expected to dominate due to the presence of several key players in the region and increasing demand for transformative technologies and advanced products. In Europe, rise in rising research and development can support the market growth in the years to come.
Key Players of 4D Printing in Healthcare Market
3D Systems, Inc (US), Stratasys Ltd (US), Poietis (France), EnvisionTEC (Germany), Materialise NV (Belgium), Organovo Holdings Inc. (US), and Dassault Systèmes (France) are some reputed companies in the global 4D printing in healthcare market that are enlisted by MRFR.
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