Asia-Pacific Healthcare 3D Printing (Additive Manufacturing) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Asia-Pacific Healthcare 3D Printing (Additive Manufacturing) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Additive manufacturing is regarded as the next industrial revolution in manufacturing, with high potential to provide cost-effective methods to achieve complex and customized medical parts and components, such as tissues, organs, orthopedic and cranial implants, dental prosthetics, and others. Demand for customized additive manufacturing is high as customized structures as more comfortable for patients. Moreover, patent expiration will lead to the end of monopolistic control of some companies over the market, making additive manufacturing products more competitive in the market, which will improve the quality of the product. These factors have helped the market grow.

However, the cost of additive manufacturing is still high which leads to affordability issues, especially in developing and underdeveloped countries. Also, there is a lack of skilled professionals to operate these machineries. These factors have impeded market growth.

Key Market TrendsPolymers are Expected to Register a High Growth

Polymers and their composites are one of the most widely used additive manufacturing materials due to the vast potential for various applications in the healthcare.

Polymer-based additive manufacturing has been used for decades in creating prosthetic limb parts as well as medical instruments. These polymers are also used to make plasters specifically for each patient that not only hold the structure to ensure healing but are also comfortable as they can be customized for each patient. This is done through the use of a machine that combines additive manufacturing with 3D scanning procedures capable of scanning a patient's limb and printing custom plasters in an incredibly short time. Moreover, polymers are also used in crafting hearing aids, preparing models that can aid in diagnosis and preoperative planning and preparing models of organs or specific body parts that can be developed for practice purposes to demonstrate various sensitive surgical procedures such as osteotomies.

As per World Health Organization 2018 report, it is expected that the population with hearing loss will increase in the future in Asia. This will increase the demand for hearing aids, which will help the growth of the market

Competitive Landscape

Most of the countries in Asia-pacific are developing countries. These developing economies have high number of people with unattended physical disabilities which could be improved by 3D printed instruments. As a result, these countries are highly lucrative for global players to enter the market. Hence, this region enjoys the presence of most of the global player in the Healthcare 3D Printing market. Moreover, there are also some regional players that have also established their presence in in the region.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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