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3D Applications in Health Care Market Driven by Technological Advances in 3D Printed Skin, Prosthetic Bone and Cartilage, and Surgical Tools

An intelligence report on the global 3D applications in health care market has been added to the portfolio of MarketResearchReports.biz titled, “3D Applications in Health Care Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025.”

 

Albany, NY -- (SBWIRE) -- 03/01/2018 -- The digital age has certainly evolved and the new generation is now empowered and driven by the latest technology. 3D technology is one of them and the fastest growing markets in the world. The 3D imaging market is an outcome of the traditional diagnostic imaging market. 3D systems in association with doctors, health care professionals, medical device manufacturers, and medical staff offer a series of precision health care results. Health care organizations depend progressively on the 3D imaging market. Introducing of 3D printing in healthcare segment brings an important improvement in surgical outcome. It is relatively a new technology and rapidly expanding that found many application in healthcare. Moreover, now a days, medical 3D virtual reality technology devices is using to treat post-traumatic stress disorders, rehabilitation and phobias. Computerized tomography (CT) or MRI provide in-depth images of internal organs and anatomical elements. Their 3D written replicas reproduce the dimensions, weight, and texture of organs, permitting surgeons to execute sophisticated procedures on 3D models.

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Based on type of component, the global 3D applications in health care market can be segmented into system and services. The system segment is projected to expand at a significant pace during the forecast period due to increase in demand for 3D imaging devices in the health care organizations. In terms of application, the market can be categorized into surgeries, implants, virtual reality, and diagnostic imaging. The diagnostic imaging segment is expected to expand at a significant pace from 2017 to 2025. This is attributed to higher accuracy and high definition visible images at the time of treatment which helps in accurate and timely diagnosis. Moreover, 3D imaging increasing clinical productivity and can replace more expensive and invasive diagnostic procedure which reduces the risk of complications.

Technological advances in 3D printed skin, prosthetic bone and cartilage, and surgical tools are likely to drive the 3D applications in health care market during the forecast period. Moreover, increase in demand for implants for various orthopedic, dental disorders, will drive the market. However, high costs and regulatory barriers are factors restraining the market.

In terms of region, the global 3D applications in health care market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global market. The region is projected to hold a significant share of the global market between 2017 and 2025, due to presence of major 3D printer industry players and increase in demand for technologically advanced equipment in hospitals and clinics. Migration of sophisticated medical technologies, demand for quality health services, and government emphasis on developing health care infrastructure are likely to propel the 3D applications in health care market in Europe. Rapid increase in medical applications, technological advances for the production of precision devices and prosthetics, and increase in R&D investment are factors that boost the growth of the 3D applications in health care market in Asia Pacific. Advancements in diagnostic techniques, increasing per capita income, improving quality of life, and rise in incidence chronic diseases in Africa are likely to augment the 3D applications in health care market in Middle East & Africa during the forecast period.

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Major players operating in the global 3D applications in health care market are GE Healthcare, Siemens Healthineers, Philips, Toshiba Medical System, 3D System Corporation, Hitachi Medical Systems, Stryker, and Stratasys Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry's value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR's reports, recent market/vendor-specific changes may take time to reflect in the analysis.