As stated in our
extensive report, providing insights on Component and Technology, the
market accounted
forUSD 10.1 Millionin 2021.
3D printing has brought various changes to the healthcare sector. But the outputs of 3D printing are rigid in nature, whereas, 4D printing technology is flexible products that offer a means through which organ parts can be customized on the basis of a patient’s appearance. The 4D printing can be used in the production of bones, exoskeletons, ears, windpipes, eyeglasses, jawbones, cell cultures, blood vessels, tissues, and organs, as well as novel dosage forms and drug delivery devices.
In the current era, the medical field, innovation with technological advancements is heavily supporting healthcare systems as well as improving patients’ lives. 4D printing in healthcare is one of the innovative technologies that create notable innovations in the medical field. In the COVID-19 pandemic, this technology proves to be very useful in manufacturing smart medical parts and helped in treating infected patients.
Growth in themarket is mainly due to the technological advancements in printing technology like the development of smart, programmable materials. Considering the other side, high development & production costs coupled with the need for compliance with regulatory as well as performance standards will slow the product launches, and potential safety hazards are projected to hinder the market growth of 4D printing in the medical market. On the contrary, research on 4D printing software is limited to 4D printing technology.
North America is expected to be the largest regional market for 4D printing in healthcare. The continuous technological advancements, increasing demand for organ transplantation, various research & development efforts in 4D printing technology in the healthcare sector coupled with the presence of developed healthcare infrastructure in the region is boosting the market growth. 3D Systems Inc. is one of the leading players in the printing market in the U.S. has a wide distribution network worldwide, the company has a strong focus on providing unique as well as highly specialized products to meet the needs of customers. Thus, the presence of such big players in the region is fuelling the regional market growth
Some of the prominent players operating in the globalBiodegradable Plastics market include - D Systems (US), Organovo Holdings Inc. (US), Stratasys Ltd. (US & Israel), Dassault Systèmes (France), Materialise (Belgium), EOS GmbH Electro Optical Systems (Germany), EnvisionTEC (Germany), and Poietis (France)