3D Drug Eluting Balloons Applications in Healthcare Market

3D technology has made enormous encroachments in various application areas in the diverse industry globally. The great potential of additive printing technology in presenting new paradigms in the healthcare sector. 3D technology is being rapidly adopted in advanced radiology. The technology has made exceptional advances in medical imaging that are considered the essence of the healthcare industry. An aim of using medical imaging modalities allowed by 3D technology is to dramatically improve the efficiency of diagnosis of various diseases like cancer, mainly by allowing clinicians to improve the visualization of the anatomy.

COVID-19 Impact analysis

COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.

There has been an increase in the demand for medical supplies to take care of infected population. Respiratory support devices such as atomizers, life-support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. There is an increase in the need for medical supplies, both from healthcare professionals and civil population for precautionary measures, owing to the rise in number of COVID-19 cases worldwide. Manufacturers of these products have a chance to capitalize this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the 3D applications in healthcare market.

Top Impacting Factors

• Rise in demand for implant customizations during surgical procedures, metal 3D printing is a cost-effective and precise method for the manufacturing of template components, less post-operative strain, less treatment time, minimally invasive, increase in use of this technology in many applications like  3D printed organs, transplantation, and drug delivery, are the factors that drive the growth of the 3D applications in the healthcare market
• In addition, increase in healthcare expenditure; collaborations & partnerships between key players to facilitate the launch of the novel developed technology in the market, and rise in R&D activities; are some factors, which boost the market growth for 3D applications in healthcare
• However, high cost of 3D printers, lack of skilled professionals, and stringent government regulations hinder the market growth.

Market Trends

Collaboration is the key strategy adopted by players in 3D printing in Healthcare Market.

In February 2018, AMBER (Advanced Materials and Bioengineering Research) collaborated with Johnson & Johnson to launch 3D bio print center of excellence.

Key Benefits of the Report

• This study presents the analytical depiction of the 3D applications in healthcare industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the 3D applications in healthcare market share.
• The current market is quantitatively analyzed to highlight the 3D applications in healthcare market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed the 3D applications in healthcare market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the 3D applications in healthcare Report

• Which are the leading players active in the 3D applications in healthcare market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What future projections would help in taking further strategic steps?
• What is "3D applications in healthcare"?
• What is "3D applications in healthcare" Market prediction in the future?
• Who are the leading global players in the "3D applications in healthcare" Market?
• What are the current trends and predicted trends?
• What are the key benefits of the "3D applications in healthcare" Market report?

 3D Drug Eluting Balloons Applications in Healthcare Market Report Highlights