91ÊÓƵ¹ÙÍø

The Output Value of Medical Materials Will Approach 500 billion US Dollars In 2023!  3D Printing Has Become a New Wave in The Medical Field
Trend

The Output Value of Medical Materials Will Approach 500 billion US Dollars In 2023! 3D Printing Has Become a New Wave in The Medical Field

The technology for 3D printing of medical materials has soared. The new technique "Layered Manufacturing Technology", also known as 3D printing, which uses a layer-by-layer additive method to build products, has become popular in recent years. With the rapid advancement of 3D printing technology, the market for 3D printed medical materials has grown significantly.
Published: Jun 16, 2022
The Output Value of Medical Materials Will Approach 500 billion US Dollars In 2023!  3D Printing Has Become a New Wave in The Medical Field


The new wave of 3D printing has become popular in the medical field, and is being used in dentistry, orthopedics, and surgery

In 2021, as a result of the COVID-19 pandemic and the US-China trade war, as well as the international net-zero carbon emissions issue, and China's power rationing crisis, all industries have been affected. The global medical device market size in 2020 was US$427.3 billion. In 2021 it grew to US$437.7 billion and is expected to reach US$491.4 billion in 2023.

Looking back at the international medical equipment industry in 2020, the COVID-19 pandemic rapidly impacted all parts of the world, and the demand for medical equipment was greatly affected. Rapid development of precision medicine was promoted. 91ÊÓƵ¹ÙÍø well enterprises transformed their business models to adapt to change was a major factor in their success.

At the same time, the aging of the global population has continued to drive up the demand for medical care. Countries are actively seeking more efficient medical solutions, promoting the development of technologies such as precision health and digital medicine to improve medical care. The goal is to improve health, reduce disease, and prolong life expectancy.

During the pandemic humans gradually established ways of coexisting with the virus. The management of the pandemic and the treatment of infection drove developments in medicine and medical technology. The aging population is still an important issue in medical technology and telemedicine has brought great changes in medical services.

The global market for 3D printing of medical equipment reached US$2.11 billion in 2020, and grew to US$2.39 billion in 2021. It is expected to reach US$5.08 billion by 2026 at a compound annual growth rate of 16.3%.

91ÊÓƵ¹ÙÍøever, in 2020, the COVID-19 as the pandemic swept the world, non-emergency and elective surgeries at outpatient clinics were often postponed or cancelled. Many dental clinics were also closed, which greatly affected the sales and revenue of products and services based on 3D dental printing.

With the rebounding demand for medical services, there has been a shortage of medical supplies. With the severe shortage of medical equipment, the 3D printing industry has been able to take advantage of its rapid prototyping, online shared design and decentralized production to produce medical-grade printed materials. 3D printing can alleviate the urgent need for medical supplies, and also demonstrate the production flexibility and diversified manufacturing possibilities of 3D printed medical materials.

It is expected that after the epidemic has eased and people's medical treatment returns to normal, the global 3D printing medical equipment market will grow rapidly, doubling from US$2.39 billion in 2021 to US$5.08 billion in 2026. It is recommended to invest in product development to provide integrated products and services. In addition to accelerating the expansion of the existing field of bone and dental printing, we are optimistic about the future of smart care and cancer treatment. Emerging printing technologies such as biosensing devices and tissue engineering will also be developed. Layout of future potential markets.

Published by Jun 16, 2022 Source :

Further reading

You might also be interested in ...

Headline
Trend
Grinding Robots and Human Machine Collaboration
The integration of robotics into grinding processes can greatly transform traditional manufacturing into dynamic environments where human workers and robots collaborate seamlessly. While robotics offers precision, consistency, and efficiency, skilled operators are essential for the efficient operation of advanced grinding machines. Training programs are important to provide hands-on education, certification, and expertise in setup, operation, and troubleshooting for optimal performance.
Headline
Trend
Keyless Digital Electronic Door Locks: The Evolution of Security
We've all had the experience of returning home with our hands full, juggling packages while fumbling for keys. 91ÊÓƵ¹ÙÍøever, there are innovative solutions that prevent this predicament by eliminating the need for traditional keys. Keyless digital electronic door locks utilize a variety of technologies to provide secure, flexible access control without the traditional key. Advanced technologies that use various forms of authentication, such as codes, biometrics, and smartphones, not only streamline your entry process but also enhance the security of your home.
Headline
Trend
Refining the Essence: Three Fundamental Pillars of Smart Industrial Manufacturing
The conventional manufacturing sector stands at a crossroads necessitating a shift towards intelligent transformation. By incorporating advanced production technologies, a new era of industrial development is inaugurated.
Headline
Trend
The Role of Artificial Intelligence in Autonomous Vehicles
Utilizing machine learning and neural networks, artificial intelligence (AI) plays a crucial role in enabling the autonomous operation of self-driving cars. These vehicles leverage a combination of sensors, cameras, radar, and AI to navigate between destinations without the need for human intervention. For a car to be considered fully autonomous, it should demonstrate the capability to independently navigate predetermined routes without human input, even on roads that have not been specifically modified for autonomous vehicle use.
Headline
Trend
Worldwide Bicycle and Electric Bicycle Market Overview
The global increase in environmental consciousness has resulted in a shift for bicycles from primarily sporting and recreational roles to becoming popular modes of commuting. Notably, the rising adoption of electric bicycles is driven by factors such as an aging population, contributing to a significant upsurge in the global production of electric bicycles in recent years.
Headline
Trend
Opportunities and Trends in the Application of 5G in Smart Grids
In recent years, developed nations have initiated comprehensive power grid upgrade initiatives. In line with its commitment to energy conservation and carbon reduction policies, Taiwan has advanced the implementation of Automated Metering Infrastructure (AMI) as part of its national energy-saving strategy. The plan encompasses the integration of 4G/5G and other communication industries. The noteworthy progress in the development and integration of smart grid applications with 5G communication technology represents a significant industrial advancement deserving of attention.
Headline
Trend
Confronting the Era of Digital Advancement, Facial Recognition Technology Has Enhanced
Recently, there has been widespread discussion about Artificial Intelligence, Machine Learning, Deep Learning, and Big Data. These technologies find application in various domains such as the financial industry, logistics, business analysis, unmanned vehicles, computer vision, natural language processing, and more, permeating every facet of daily life.
Headline
Trend
The Arrival of 5G Technology Marks a Shift in Business Transformation, Redefining Innovations in the Manufacturing Sector
5G is recognized as a key enabler of Industry 4.0. With its high network speed and low power consumption, 5G facilitates the connectivity of every sensor in the upcoming unmanned factory to the cloud. This connectivity allows for the extraction of data for analysis, ultimately fueling advancements in artificial intelligence.
Headline
Trend
91ÊÓƵ¹ÙÍø Can Humans Collaborate with Robots in a Work Environment?
The integration of collaborative robots into production has become a pivotal element in the manufacturing chain, enhancing overall production efficiency. These compact collaborative industrial robots are designed to operate in confined spaces, addressing challenges posed by limited working spaces.
Headline
Trend
Tooling 4.0: Bridging Industry 4.0 with Mold Manufacturing for the Future
Are you familiar with the latest terminology related to Tooling 4.0? In this article, we'll offer an overview and examples that can help manufacturers understand and align with this evolving concept. Tooling 4.0 revolves around leveraging technology to transform 'inefficient' products into 'intelligent' ones.
Headline
Trend
Industry 4.0 Propels the Global Industrial Market Towards Automation
In the present day, conventional industries are blending Internet of Things technology to drive the evolution of Industry 4.0 and the advancement of smart manufacturing.
Headline
Trend
Exploring the Concept of Advanced Manufacturing
Advanced manufacturing is the use of innovative technologies to improve products or production processes. Related technologies are called "advanced", "innovative" or "frontier". Advanced manufacturing technology is gradually maturing, integrating innovative technology into products and manufacturing processes to enhance competitiveness and increase value.
Agree