Kenneth Research has evaluated the current market opportunities in 3D Applications in Healthcare Market in the healthcare industry for the forecast period 2022-2031, which also includes the ongoing industry trends and innovations that will help industry players to attain their business targets. Apart from that, the inclusive data on market size, market share and forecast, growth opportunities and challenges for the market players, along with the worldwide analysis on regions- North America, Latin America, Europe, Asia Pacific and Middle East & Africa, has also been provided in the report.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for 3D Applications in Healthcare Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
3D technology is one of the fastest-growing markets in the world. The 3D imaging market is an offshoot of the traditional diagnostic imaging market. The healthcare industry relies increasingly on the 3D imaging market. 3D printing in healthcare is slowly picking up popularity. The companies working on 3D printing technology are new and mainly focused on research and development.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Virtual reality in the 3D market is still new and is mainly used to treat posttraumatic stress disorders and phobias.
3D diagnostic imaging market is more than 80% of the market in the overall 3D healthcare technology market.
Currently, the main players in 3D diagnostic imaging are GE Healthcare, Siemens, Philips, Toshiba, and BARCO.
The market is well established in all the geographies and North America has the largest market share with almost 50% market share.
The market has two main players in the 3D printing in healthcare, Stratasys and 3D Systems.
The 3D printing market is growing in the Asia Pacific region. China has been working a lot in the 3D printing market.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
How does the report examine the growth drivers and restraints of the 3D Applications in the Healthcare market?
- The factors resulting in the expansion of the 3D Applications in the Healthcare market are elaborated in the report after thorough primary and secondary research.
- Analytical strategies focused on gain indicators affecting the growth of the 3D Applications in the Healthcare market are presented in graphical formats.
- The business-related trends driving the product consumption are discussed in detail in the report along with industry expertise to minimize the barriers to 3D Applications in Healthcare market growth.
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COMPANIES MENTIONED
1. GE Healthcare
2. Siemens Healthcare
3. Philips Healthcare
4. Toshiba Medical Systems
5. BARCO NV
6. Hitachi Medical Systems
7. Stryker
8. 3D Systems Corporation
9. Stratasys
10. Arcam AB
11. Envision TEC GMBH
12. Materialise NV
This Research Report covers
1. Historical data
2. Revenue forecasts, growth rates and CAGR up to 2028
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data
6. Deep profiles top competitive companies
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