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Global 3D Printing Market in Healthcare to Grow Over US$3.89 Billion by 2022 – OrthoSpineNews

by • January 21, 2016 • No Comments

The 41st Arab Health Congress can focus on the groundbreaking alter of 3D printing in healthcare
The 3D printing market revenue in healthcare application is expected to cross US$3.89 billion mark by 2022, at an estimated Compound Annual Growth Rate (CAGR) of 21.9%, calculated between 2016 and 2022.
The healthcare industry is experiencing a groundbreaking alter in terms of 3D printing in areas such as bio-printing, medical and dental implants, ortho-implants and prosthetics one of others. The various materials such as metal, metal alloys, plastics, and ceramics one of others are helping the 3D printing innovation to easily integrate with the human body. The major brands in the 3D printing industry are strategically focusing on the healthcare industry by increased number of launches and expansions.
The Global 3D Printing Healthcare Market Estimation and Forecast, 2016-2022, discovered that medical and dental implants has the biggest share in the market in terms of both value and volume. The materials that are utilized in 3D printing healthcare market are expected to grow to US$1.10 billion by 2022 at an estimated CAGR of 28.7%, between 2016 and 2022. The various materials that are driving the growth of the market are metal & metal alloys, polymers, and ceramics. The report in addition details the analysis of various technologies that are utilized in the healthcare 3D printing such as SLS, EBM, and photo-polymerization.
The report discovered that North America has the top share in terms of revenue and volume of 3D printing devices in healthcare industry whereas the Asia-Pacific region is expected to show most rapidly growth rate by 2022, followed by Europe.
In the Middle East, the 41st Arab Health Congress, that is bringing place of January 25–28, at the Dubai International Convention and Exhibition Centre, is hosting a dedicated 3D printing zone that can showcase major global research groups and pioneering innovation companies featuring their cutting-edge products.
“The conference can focus on a new innovation called ‘body-on-a-chip’, that has the talent to print mini hearts, livers and blood vessels on a chip. This may potentially provide to additional accurate testing for new drugs and abolish the require for animal testing,” said Simon Page, Managing Director of Informa Life Sciences Exhibitions, organizers of the 2015 Arab Health Congress.
At the zone, visitors can be able-bodied to observe and learn of the pioneers in the field of 3D bio printing with – hands-on activities, interactive demonstrations and face-to-face conversations with those who bring these technologies to life. More than 13,000 delegates of 163 countries are expected to attend Arab Health 2016.
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