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Allied Market Research

4D Printing in Healthcare Market: Global Opportunity Analysis and Industry Forecast 2020–2027

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Jun 2021 | 139 Views
 
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4D printing is an extension of 3D printing, and is superior in many aspects such as performance, efficiency, quality, and can also create various new products with increased potentials. 4D printing technology also has an additional feature of shape-shifting any object. It has changed the material property in the field of implants, dentistry, and prosthetics, which have certainly changed the 3D products used for these applications. 4D printing helps to create a 3D physical object while using computer-operated and computer-aided design (CAD) data. 4D printing develops variable materials and the properties of these objects can shift depending on the external factors such as pressure, moisture or temperature changes. It produces physical or biological objects that change shape on their own. 4D printing in healthcare is used in the field of prosthetics and artificial organs. It showcases sizeable support in the medical field with better and smart medical tools, implants, and devices. These 4D models are customized according to the situation of the patient, thereby making patient care and treatment more efficient and effective. 4D printing can be used in the targeted drug delivery systems as well.

4D-Printing-in-Healthcare

Market scope and structure analysis:

Report Metric

Details

Market size available for years

  2019–2027

Base year considered

  2019

Forecast period

  2020–2027

Forecast unit

  Value (USD)

Segments covered

  Technology, Component, Application, End User

Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

Companies covered

3D Systems, Organovo Holdings Inc., Stratasys Ltd., Dassault Systèmes, Materialise, EOS GmbH Electro Optical Systems, EnvisionTEC, and Poietis

 

COVID-19 scenario analysis:

  • To take care of the infected population, the demand for medical supplies is increasing. Respiratory support devices, such as atomizer, life-support machine, oxygen generator, and monitor, 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. With rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising both from healthcare professionals and civil populations for precautionary measures. 
  • Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.
  • Attributed to such factors, COVID-19 is expected to have a significant impact on the market.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Factors, such as increase in R&D, rise in investments by various chemical companies, development of smart programmable materials drive the market growth. The dental industry in the healthcare sector is one of the major applications of4D printing. In the dental industry, clear aligners are produced the highest by using 4D printing. Clear aligners are used to change structure of the teeth on a weekly basis. Significant growth in investments by chemical companies in 4D printing has been witnessed. However, there is high development & production costs involved in 4D printing and need for compliance with regulatory and performance standards, which hamper the product launches and affect the market growth. Moreover, potential safeties hazards also restrain the growth of the 4D printing market. There is also limited skilled professional, which is a major challenge for 4D printing in healthcare market.

New product launches to boost the market

In 2018, 3D Systems launched Simbionix ANGIO Tab Pro, which is a portable endovascular simulator. On May 3rd, 2018, Samsara Sciences and Organovo Holdings, Inc. entered into a partnership with Advanced Regenerative Manufacturing Institute to develop next-generation manufacturing processes and technologies for tissues, cells, and organs. On January 31st, 2017, Vertex-Global Holding B.V. was acquired by 3D Systems, which helped 3D Systems in dental product offerings with brands such as Vertex and NextDent. These steps taken by the company helped to establish itself in the dental industry.

Surge in usage in hospital applications

There has been a huge demand for 4D printing technology in dentistry due to clear aligners. There has also been high demand in the hospitals and surgical segment due to 4D printing as it helps to make artificial organs.

Key segments covered:

Segments

Sub-segments

 Technology

  • FDM
  • PolyJet
  • Stereolithography
  • SLS

  Component

  • Equipment
  • 3D Printers
  • 3D Bio-printers
  • Programmable Materials
  • Shape-memory Materials
  • Hydrogels
  • Living Cells
  • Software & Services

  Applications

  • Medical Models
  • Surgical Guides
  • Patient-specific Implants

  End Users

  • Hospitals & Clinics
  • Dental Laboratories
  • Other End-Users

 

 

Key benefits of the report:

  • This study presents the analytical depiction of the 4D printing in healthcare market 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 4D printing in healthcare market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global 4D printing in healthcare market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the 4D printing in healthcare market research report:

  • Which are the leading market players active in the 4D printing 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 4D printing in healthcare market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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