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The 3D printing medical market exceeds US$6 billion

Posted by: Zhou HanPing 2022-01-03 Comments Off on The 3D printing medical market exceeds US$6 billion

Recently, 3D printer manufacturer launched a new desktop 3D printer Fiber; in October, digital dental 3D printer company Xunshi Technology announced that it has completed a series B financing of more than 100 million yuan; on August 8, 3D printer company LuxCreo Qingfeng Times announced Completed US$30 million in Series B financing. Nowadays, the popularity of “3D printing” continues to rise, and it has also received more attention from the capital market.

The 3D printing medical market exceeds US$6 billion

After years of development, 3D printing technology has become more mature and its application scope has been expanding. Whether it is cars, buildings, food or medicine, it can be printed, which can be called a great “artifact”. Obviously, as one of the most important cutting-edge technologies in the new era, 3D printing is gradually changing our daily lives and producing more and more widespread influence.

Just as artificial intelligence technology has achieved in-depth integration with the medical industry in the process of accelerating commercial landing, 3D printing technology has also obtained new developments in the medical field. At present, in terms of “3D printing + medical treatment”, surgical instruments, drugs, implants, etc. can all be directly manufactured with the help of 3D printing. Not only that, but 3D printing has gradually evolved from printing inanimate equipment to printing “living” tissues, such as organs, skin, and blood vessels.

If you want to say what is the most anticipated part of 3D printing in the medical field, of course, you have to count the organs and limbs. For humans, the effects of organ disease and limb loss are particularly important, but it is not easy to obtain suitable transplanted organs and suitable prostheses. Once 3D printing technology can achieve key breakthroughs in the printing of organs and limbs, and achieve universal application, it will undoubtedly be a great boon for mankind.

In fact, 3D printed limbs have been born and are beginning to be used clinically. In Western Europe, some people with disabilities use 3D printed arms and palms; in Australia, a local 3D printing company can even customize ribs and sternums for patients to create a 3D printed chest cavity. Some things that were unimaginable in the past have become reality because of 3D printing.

What is gratifying is that not only 3D printed limbs, but also 3D printed organs have made great progress. It is reported that a biotechnology company in the United States used cell 3D printing technology to print out the cell tissues needed by the liver. After further culture in a vessel, these cell tissues can grow into a normal liver and be used for transplantation. Of course, this technology is not yet mature enough, but at least we know that 3D printed organs will be possible in the future.

Therefore, the rapid development of 3D printing technology, as well as its extensive and in-depth application in the medical industry, will produce inestimable potential value. When 3D printing technology can achieve real universal application in the medical industry, the changes it will bring must be revolutionary, there is no doubt.

The application of 3D printing in the medical field is encouraging. Whether it is 3D printed organs or 3D printed prostheses, it can change the fate of many people. It can be said that thanks to 3D printing technology, more and more impossible is becoming possible. However, the integration and development of 3D printing and medical treatment is not perfect.

On the one hand, in order to ensure that the printed medical products are sufficiently safe, stable and applicable, we must continue to explore 3D printing materials that are more suitable for the human body. This is the key to whether 3D printing medical can be commercialized on a large scale and increase market value. On the other hand, the current price of 3D printing medical products and the price of 3D printing equipment are quite high. Not only are ordinary hospitals unaffordable, but also more ordinary patients cannot afford such expenses, so it is still necessary to strengthen technology Research and develop, reduce the cost of equipment and materials to promote the commercial process and realize its economic and social value.

Once progress is made in core areas such as materials and costs, the 3D printing medical market is expected to usher in an explosion. According to data provided by IDC, the 3D printing medical segment will account for more than 13% of the entire 3D printing market, and by 2022, global 3D printing expenditures will reach US$22.7 billion.

Industry experts said that as the main landing scenario for the commercialization of 3D printing technology, the development momentum of the medical field itself is very positive. When 3D printing technology with broad application prospects and the medical industry with broad market prospects become more and more integrated, the two will collide with more brilliant sparks and release a huge market space. By 2030, the 3D printing medical market is expected to exceed USD 6 billion and maintain a high-speed compound annual growth rate of more than 16%.

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