4D printing is an advance of 3D printing technology that uses a similar production approach with the exception of the materials used in the production process. It is the most recent medical technology that will transform the artificial organs and prosthetics industry. The fourth dimension of 4D printing is time and shape of the result that can vary over time, as opposed to the third dimension of 3D printing. 4D printed models have the advantage of being able to alter the shape of a 3D printed model after it has been published.
MARKET SCOPE
The Global 4D Printing In Healthcare Market Analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the 4D printing in healthcare market with detailed market segmentation by component, technology, application and end user. The report provides key statistics on the market status of the leading 4D printing in healthcare market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component the market is segmented as, software and services, equipment and programmable materials.
- Based on technology the market is segmented as, fused deposition modelling, polyjet, stereolithography and selective laser sintering.
- Based on application the market is segmented as, medical and research models, surgical guides and patient-specific implants.
- Based on end user the market is segmented as, hospitals and clinics, dental laboratories and other end user.
MARKET DYNAMICS
Drivers:
- The increasing number of advancements and innovations in technology for 3D printing services is expected to fuel the growth of the market.
- Growing focus of companies to develop 4D printing applications for targeted drug delivery is expected to propel the market growth.
- Increasing R&D activities and increasing investment on healthcare are also expected to spur market growth.
Restraints:
- However, dearth of skilled professionals, stringent regulatory policies for the approval of 4D printing are expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The 4D printing in healthcare market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the 4D printing in healthcare market in these regions.
IMPACT OF COVID-19 ON 4D PRINTING IN HEALTHCARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the 4D printing in healthcare market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from 4D printing in healthcare market are anticipated to lucrative growth opportunities in the future with the rising demand for 4D printing in healthcare in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 4D printing in healthcare market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3D Systems, Inc
- Allevi, Inc
- CELLINK
- Dassault Syst?mes
- ENVISIONTEC, INC.
- EOS
- Materialise
- Organovo Holdings Inc
- Poietis
- Stratasys Ltd