Market Analysis: Global 4D Printing in Healthcare Market
4D printing in healthcare market is expected to register a healthy CAGR of 30.07% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the wide-areas of applications and emerging innovations in the industry.
Market Definition: Global 4D Printing in Healthcare Market
4D printing is an upgradation of the existing 3D printing technology, based on similar production method with one major difference being in the materials utilized for the production process. These materials are created in a sophisticated design process that can be modified when activated by a trigger that can be water, wind, heat or any other energy forms.
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Accelerated areas of application ranging from human scale biomaterials, chemotherapy and tissue engineering is expected to drive the growth of the market
Growing levels of innovations and advancements in technology for 3D printing services is expected to fuel the growth of the market
Changes in preferences of consumers to shift from 3D-based medical devices to 4D-based; this factor is expected to propel the growth of the market
Focus of market players to develop 4D printing applications for targeted drug delivery is expected to drive the market growth
High levels of costs associated with development and production with this process is expected to hinder the growth of the market
Concerns regarding the hazards associated for safety of the products produced with this method is expected to restrain the market growth
Need for complying with strict regulations and compliances with the healthcare industry can act as a restraining factor for this market
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Segmentation: Global 4D Printing in Healthcare Market
Software & Services
Fusion Deposition Modeling (FDM)
Selective Laser Sintering (SLS)
Hospitals & Clinics
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of Middle East and Africa
Key Developments in the Market:
In October 2018, Poietis announced that they had initiated the commercialization of “NGB” (Next Generation Bioprinting) systems, designed to meet the demands of tissue engineering needs required from clinical research and clinical batches applications. This new platform will be able to provide various consumers with the advanced 4D bioprinting services
In September 2018, Poietis announced that they had entered into a partnership with Servier for the development of liver tissues with the help of Poietis’ 4D bioprinting technology. The liver tissue will be developed in a complex form consisting of human liver cells and immunocompetent cells that can imitate the human liver tissue for in vitro settings
Global 4D printing in healthcare market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of 4D printing in healthcare market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global 4D printing in healthcare market are 3D Systems, Inc.; Organovo Holdings Inc.; Stratasys Ltd.; Materialise; Dassault Systèmes; EOS; EnvisionTEC; Poietis - 4D Bioprinting; Tractus3D; Allevi; 3D HUBS B.V.; axial3D - Medical 3D Printing Experts Ltd.; Anatomiz3D Medtech Private Limited; Formlabs; CELLINK; Osteo3d, Sinterex among others.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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