Medical & Diagnostic

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New Report Shows Promising Growth for the 3D Printing Healthcare Market

The global 3D printing healthcare market is expected to have a compound annual growth rate (CAGR) of 26.2% up through the year 2020, according to a new report, World 3D Printing Healthcare Market-Opportunities and Forecasts, just published by Allied Market Research.

The report found many different factors that are influencing market growth, including breakthrough technologies. Portable, solar-powered, multi-material, and full color 3D printers make the technology easy to use anywhere.

Read more at: https://www.alliedmarketresearch.com/3d-printing-healthcare-market

Patient Demand

Patient need is a strong factor driving growth: a rising number of people face issues related to old age, such as osteoporosis, which 3D printed technologies can address.

The report says that rising numbers of amputees, patients with auditory loss and dental problems will also fuel the need of external wearable devices, while the increased availability of biocompatible materials will help meet the demand. Customized 3D printed external wearable devices are widely considered to be better treatment options with optimized fitting and comfort.

External Wearable Devices

The application of external wearable devices are expected to contribute $2.3 billion to the 3D printing healthcare market by 2020.

There are a wide range of external wearable devices available thanks to 3D printing, such as prosthetic limbs.

Medical and surgical centers are also responsible for a considerable amount of growth, controlling roughly three-fourths of the global market. Emerging Markets

While North America accounts for 2/5 of the healthcare 3D printing market, new regions will emerge as influential by 2020. Asia-Pacific is expected to be the fastest growing market, with a CAGR of 29.7% for the forecast period.

The growth is mostly fueled by rising awareness and the development of start-up companies in the Asia-Pacific and LAMEA regions. The materials segment in particular will grow throughout North America, Europe, and other areas thanks to the availability of biocomaptible materials.

Other Key Findings

• The highest CAGR of the forecast period for 3D healthcare services is projected at 26.6%.

Polymers account for roughly half of the market revenue for materials. Ceramics are also projected as the fastest growing segment (a CAGR of 32.1%).

• The electron beam melting technology segment is expected to grow at 29.6% CAGR from 2015 to 2020, higher than any other segment.

• Medical and surgical centers (accounting for 2/3 of the market) will continue to dominate throughout the forecast period.

• The fastest growing segment is expected to be engineering application, with a CAGR of 31.7% from 2015 to 2020.

Get sample copy of report at: https://www.alliedmarketresearch.com/request-free-sample/834

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Global Mechanical Ventilators Market

Mechanical ventilation is a lifesaving intervention for patients with respiratory disorders or even respiratory failure. It is a form of breathing assistance in which a patient is connected to a ventilator through an endotracheal tube directly applied to the airway. It is also employed as a diagnostic tool to measure the static compliance of airway resistance and irregular functioning respiratory system. Currently, intensive-care and portable mechanical ventilators are the two most widely used ventilators available in the market. 

Read more @ https://goo.gl/HgTvoQ

The world mechanical ventilators market is estimated to garner $3.9 billion by 2022, with a CAGR of 5.4% from 2016 to 2022. The increasing incidence of chronic diseases, such as chronic obstructive pulmonary disease (COPD), asthma, bronchitis, and other lunch disorders, and increasing number of accidental emergencies lead to the substantial requirement of mechanical ventilators. In addition, growing geriatric population prone to respiratory emergencies is one of the key drivers of the market. In the U.S., the critically ill geriatric population accounted for around 52% of all the intensive care unit (ICU) admissions in 2015, among which, around 80% admissions were kept on ventilation. Moreover, technological innovation in respiratory care devices, namely, non-invasive ventilation technology and portable mechanical ventilators, further supplement the market growth. The increase in preference of portable and home care ventilations for long-term ventilated patients is expected to be another major factor influencing the market growth. On the contrary, the injuries associated with invasive mechanical ventilation such as pneumonia, lung injury and barotrauma, and high cost of mechanical ventilators are the prime factors restricting the market growth. 

About report: https://goo.gl/dl0tmU