Global 4D Printing In Healthcare Market
Healthcare Services

Key Trends And Drivers In The 4D Printing In Healthcare Market 2024

The Business Research Company’s market reports offer an in-depth analysis on the market’s growth potential, major drivers, key trends and more.

Market Overview

  • Strong Growth: The 4D printing in healthcare market is on a robust growth trajectory. From $8.00 billion in 2023, it is projected to reach $8.65 billion in 2024, with a CAGR of 8.1%. By 2028, the market size is expected to grow to $11.59 billion, at a CAGR of 7.6%.
  • Key Drivers: Historic growth is driven by patient-specific solutions, bioprinting, tissue engineering, advancements in 3D printing, and materials development.

Future Trends and Innovations

  • Personalized Medicine: Advancements in material science and tissue engineering are paving the way for personalized medicine, a significant growth factor in the forecast period.
  • Aging Population: Increasing healthcare demands due to an aging population are expected to boost the market.
  • Major Trends:
    • Customized implants and prosthetics
    • Responsive drug delivery systems
    • Biocompatible and bioresorbable constructs
    • Smart wearables for monitoring and treatment
    • Tissue engineering and regenerative medicine

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Rising Surgical Procedures Fueling Surge

  • Surgical Demand: The rising number of surgeries is a significant driver. Customized medical implants and devices tailored to patient anatomy are increasingly needed.
  • Statistics:
    • In 2021, 262,893 bariatric surgeries were conducted, up from 198,651 in 2020.
    • Over 300 million major surgical procedures are performed globally each year.
  • Impact: Increased surgical procedures are driving the demand for 4D printing in healthcare, improving treatment efficacy and patient satisfaction.

Key Players and Technological Integration

  • Major Companies:
    • McKesson Corporation
    • Accenture plc
    • IBM Corporation
    • Oracle Corporation
    • Siemens Healthcare
    • Cognizant Technology Solutions Corporation
    • GE Healthcare
    • Quest Diagnostics
    • Dassault Systems
    • Cerner Corporation
    • Genpact Limited
    • Infor Inc
    • Allscripts Healthcare Solutions Inc
    • eClinicalWorks LLC
  • Technological Focus: Companies are focusing on new technological products like 4D designs to increase profitability.
    • Example: 4D Biomaterials launched 4Degra, a photocurable polycarbonate urethane polymer for various medical device applications.

Strategic Acquisitions

  • 3D Systems and Volumetric Biotechnologies: In October 2021, 3D Systems acquired Volumetric Biotechnologies to expand bioprinting capabilities and create a vertically integrated bioprinting platform for producing entire replacement organs.

Market Segmentation

  • By Type:
    • Fused Deposition Modeling (FDM)
    • PolyJet
    • Stereolithography
    • Selective Laser Sintering (SLS)
  • By Component:
    • Equipment
    • 3D Printers
    • 3D Bioprinters
    • Programmable Materials
    • Shape-Memory Materials
    • Hydrogels
    • Living Cells
    • Software and Services
  • By End-User:
    • Hospitals and Clinics
    • Dental Laboratories
    • Other End-Users

Regional Insights

  • North America: The largest region in the 4D printing in healthcare market in 2023.
  • Asia-Pacific: Expected to be the fastest-growing region in the forecast period.

The 4D printing in healthcare market is set to revolutionize the medical field with its rapid growth, driven by technological advancements and an increasing need for personalized medical solutions. As the market evolves, significant contributions from major players and emerging trends will continue to shape the future of healthcare.

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