3D Applications in Healthcare Market - 3D Printing and Applications (Surgical Guides, Bioengineering, Implants, Surgical Instruments) technology (Electron Beam Melting, Stereoli thography, Droplet Deposition manufacturing) Raw Material (Metals, Biological

NEW YORK, Feb. 19, 2015 — (PRNewswire) — 3D printing technology in healthcare is an evolutionary market that will reach its potential in the next five years. It is reshaping the healthcare market and the healthcare professionals are keen to explore it due to lower costs and improved quality of patient care solutions. The 3D printing technology involves implants, surgeries, and prosthetic operations. In the future it might serve as an alternative for organ replacement too. Large pharmaceutical companies have shown interest in this technology as it could substantially reduce the cost of research and development for introducing new drugs to the market.

The 3D printing technology market has been categorized on the basis of technology, applications and raw materials. The technology has grown rapidly in developed markets like the US and now is in the early stages of development in the emerging economies, especially countries, which have an active medical tourism market such as India, Vietnam, Malaysia etc. The key players in the 3D printing healthcare technology include Organovo, Ekso Bionics, Bio 3D Technology, Metamason, Envision TEC, Rainbow Biosciences and so on. The market is expected to have exponential growth in the next five years as the awareness about the advantages of 3D printing technology in healthcare increases.

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