Richmond, Feb. 01, 2024 (GLOBE NEWSWIRE) -- According to a research report "4D printing in healthcare Market”, by Component (Software and Services, Equipment, Programmable Materials), Technology (Stereolithography, Selective Laser Sintering (SLS), PolyJet, Fusion Deposition Modelling (FDM)), Application (Surgical Guides, Medical Research Models, Patient-specific Implants) End Users (Research Institutes, Hospitals and Clinics, Others), and Region - Global Forecast to 2030.
Global 4D printing in healthcare Market Report Scope:
| Report | Details |
| Market size value in 2023 | USD 9.5 Million |
| Market size value in 2030 | USD 47.5 Million |
| CAGR (2023-2030) | 22.3% |
| Forecast Period | 2023–2030 |
| Historic Data | 2019 |
| Forecast Units | Value (USD Million/USD Billion) |
| Segments Covered | Technology, Component, End User and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and RoW |
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| Sample of Companies Covered |
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TOC Covers in Depth & Breath on 4D printing in healthcare Market
170 - Market Data Tables
65 - List of Figures
225 – Pages
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MarketDigits.
Market Overview
4D printing refers to the creation of dynamic, shape-changing structures that evolve over time in response to external stimuli or environmental conditions. In the healthcare domain, this innovative technology holds immense promise for applications ranging from patient-specific implants and drug delivery systems to smart medical devices. The market is witnessing a surge in demand for 4D printing in healthcare due to its potential to revolutionize patient care and treatment outcomes. The ability of 4D-printed objects to undergo shape changes in response to specific triggers, such as temperature variations or exposure to certain substances, opens up new possibilities for personalized medicine. Patient-specific implants that adapt to the physiological needs of individuals, smart drug delivery systems that release medication in a controlled manner, and flexible medical devices that conform to anatomical structures are among the transformative applications driving the market's growth.
Major Vendors in the Global 4D Printing In Healthcare Market:
- 3D Systems
- Organovo Holdings Inc.
- Stratasys Ltd.
- Dassault Systèmes
- Materialise
- EOS GmbH Electro Optical Systems
- EnvisionTEC
- Poietis
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Personalized Medicine and Patient-Specific Interventions
A primary driver for the global 4D printing in healthcare market is the rising demand for personalized medicine and patient-specific interventions. As the healthcare landscape evolves towards more individualized treatment approaches, 4D printing offers a revolutionary solution by enabling the creation of bespoke medical devices, implants, and drug delivery systems. The technology allows for the customization of healthcare solutions based on the unique anatomical and physiological characteristics of each patient. This personalization not only enhances treatment efficacy but also minimizes the risk of complications, driving the adoption of 4D printing across various medical specialties. The ability to tailor interventions to the specific needs of patients represents a significant advancement in the quest for precision medicine.
Market Dynamics
Drivers:
- Personalized medicine and patient-specific interventions
- Advancements in materials and biocompatibility
- Collaborations and integrations with emerging technologies
Opportunities:
- Expansion of applications beyond implants and devices
- Innovative materials for enhanced responsiveness
- Collaborations to establish mainstream medical practices
Expansion of applications beyond implants and devices
A significant market opportunity for the global 4D printing in healthcare lies in the expansion of applications beyond traditional implants and medical devices. While the current focus has been on developing personalized implants and adaptive devices, there is substantial potential for the technology to extend into broader healthcare domains. Tissue engineering and regenerative medicine represent promising frontiers where 4D printing can play a transformative role. The ability to create dynamic, shape-changing structures opens avenues for the fabrication of bioactive tissues and organs that can adapt to physiological changes or stimulate tissue regeneration. This expansion of applications positions 4D printing as a versatile tool in advancing therapeutic interventions, offering opportunities for innovators to explore novel healthcare solutions and contribute to the evolution of regenerative medicine.
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The market for 4D printing in healthcare is dominated by North America.
The global 4D printing in healthcare market, segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, is anticipated to witness North America as the dominant region in 2022, maintaining its leading position throughout the forecast period. This is attributed to various factors such as the presence of advanced medical devices, substantial investment in research and development, a high concentration of medical device companies, and the involvement of prominent players engaged in manufacturing 4D printing devices and software. The well-established healthcare infrastructure and a robust ecosystem for technological innovation contribute to North America's supremacy in the 4D printing market. Further, Europe is expected to secure the second-leading position in the market. The region benefits from advanced healthcare infrastructure, increasing adoption of 3D & 4D printing in healthcare applications, a growing acceptance of artificial intelligence in medical devices, and favorable reimbursement policies. These favorable conditions, combined with other factors, are likely to drive market growth in Europe in the foreseeable future.
Asia Pacific is poised for significant growth, fueled by rising government investments and technological advancements in 3D printing services. Notably, the region has experienced a surge in investment, exemplified by BASF Venture Capital GmbH's investment in the Chinese 3D printing company Prismlab in November 2018. This injection of funds into the Asian market is expected to propel the growth of 4D printing in the Healthcare sector, as the region increasingly adopts advanced technologies in the healthcare domain.
The software and services segment is anticipated to hold the largest market share during the forecast period
In terms of components, the 4D printing in healthcare market is segmented into equipment, programmable materials, and software & services. As of 2021, the software & services segment is poised to dominate the market, exhibiting the highest growth throughout the forecast period.
Within this segment, software plays a pivotal role with a diverse range of applications in the realm of additive manufacturing. Specifically, 3D printing software is instrumental in creating, designing, and assembling models essential for healthcare applications. This software not only aids in the initial design phase but also conducts thorough inspections of prototypes to ensure adherence to the required specifications. Furthermore, file preparation software is crucial in the 4D printing process, as it prepares STL (Stereolithography) and SLC (Slice) files that form the foundation for developing product designs. It is noteworthy that the software required for 4D printing should be fully supportive of the intricacies of the 4D printing process.
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