Global 3D printing in healthcare market to reach USD 4.24B by 2028

The global market for 3d printing in healthcare has seen significant growth in recent years, as indicated by the latest report titled “3D Printing In Healthcare Global Market Report 2024” from The Business Research Company.

Overview of 3D printing in healthcare
The 3D printing in healthcare market has rapidly expanded, going from $1.73 billion in 2023 to $2.08 billion in 2024, with a 19.8% compound annual growth rate (CAGR). This growth is fueled by advancements in medical imaging, customization for patient care, regulatory approvals, and increasing healthcare expenditure. The 3D printing in healthcare market is projected to continue its rapid growth, reaching $4.24 billion by 2028, with a CAGR of 19.5%.

3D printing in healthcare involves creating three-dimensional objects layer by layer based on digital designs tailored for the healthcare sector. It’s utilized to develop patient-specific medical devices, anatomical models, and surgical tools.

Government funding and technological advancements in 3D printing healthcare
Increased government funding for 3D printing is expected to drive 3D printing in healthcare market growth. Government initiatives are aimed at addressing issues and promoting citizen well-being. Funding in 3D printing revolutionizes design processes and improves patient therapy.

Leading companies in the 3D printing healthcare sector are intensifying efforts to develop advanced products. Dental 3D printers are utilizing digital light processing (DLP) technology for superior strength and aesthetics.

Regional insights
In 2023, North America dominated the 3D printing in healthcare market, while Asia Pacific is anticipated to exhibit the highest growth rate during the forecast period. The regions analyzed in the market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The Business Research Company