3D Printing Healthcare Market is Expected to Grow by 18% Annually Until 2020

3dp_healthcaremarketreport_medical_implantsOne of the faster growing markets to adopt 3D printing technology is the healthcare industry, which has been rapidly developing new medical applications at an astounding rate. What once was just a small blip on the 3D printing radar has grown into its own industry within an industry, and looks to continue to expand exponentially over the next four years. We’ve already seen some amazing developments over the last few years in bioprinting, prosthesis manufacturing and customized medical implants. While most of these advances have been comparatively small slices of the total industry pie, now that they are starting to mature and find wider adoption across the market, that slice of pie is expected to grow by leaps and bounds.

A new market research report released by IndustryARC breaks down the medical 3D printing industry into several categories and subcategories, including technologies typically used like fused deposition modelling (FDM), laser beam melting (LBM), electron beam melting (EBM) and Stereolithography (SLA). There is also an entire section dedicated to materials used in the healthcare industry, including metals, resins and biological materials like cells. The figures have also been broken down by geography and applications, like medical implants and tissue bioprinting.

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About Peter Coffaro 1058 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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