The global 4D Printing in Healthcare Market is forecasted to grow at a rate of 29.8% from USD 4.7 million in 2019 to USD 39.3 million in 2030. 4D printing technology is considered to be a significant and crucial transforming process in the medical field. The technology has emerged from the previously used 3D printing technology and shares similar traits with 3D printing with one additional and important feature, which is a transformation with time.
4D printing allows the prepared product to be dynamic in structure, allows to adjust shapes, and has different properties and functionality with time. This can be done by in the printing process where product reacts with parameters such as temperature and humidity is. The technologies used to achieve this feature include stereolithography wherein ultraviolet radiation is used to cure material layer by layer while the ongoing printing process.
4D printing technology has an additional feature of the transformation of the structure with time. The technology allows the shape-shifting of any object after a certain amount of time. This feature becomes a major breakthrough for the 4D printing technology industry as the healthcare sector benefits by this feature intensely. The use of 4D printing technology to produce smart medical models is expected to drive the market growth. The development of programmable materials in the industry could also anticipate the growth of the market as these technologies could be useful for developing biocompatible products for the body. Furthermore, 4D printing could be widely used in the targeted drug delivery systems wherein the composition of the pharmaceutical drugs is made such that they act only on a targeted site in the body. Therefore, the industry is leading the medical sector to new innovative drug delivery systems and improved efficacy and efficiency of the treatments.
The increasing demand for innovations in organ transplants is a driving factor for the industry. Production of useful implants considering biocompatibility, including biomedical splits and stents, could be a primary factor anticipating the industry growth. 4D printing application in developing and emerging fields are tissue engineering and self-assembling human-scale biomaterials. Moreover, complex treatments such as cancer chemotherapy is also an application for 4D printing could also drive the industry intensely. Furthermore, in the medical field, this technology could reduce the surgical procedures that could save the patients with pain associated with surgical procedures. Healthcare specialists could use self-deforming components for the treatment, including any abnormality. The emerging economies and increasing healthcare expenditure are expected to propel the growth of the industry in the future. However, high-cost associate with the research and development and low adoption rate in low economic countries are expected to hinder the growth of the industry.
Some of the top 4D printing companies are 3D Systems, Organovo Holdings Inc., Stratasys Ltd., among others. Advancement in technology and usage of modern equipment in medical science is fostering the market for 4D printing technology.
FDM or Fused Deposition Modeling is the most suitable extrusion based on the AM processes for 4D printing. In this type, printers use a thermoplastic filament. This is used to heat to melting point and removed layer by layer. It can be used to display a shape-shifting phenomenon through the heating mechanism.
Polyjet held a significant market share as this technology allows the development of complex shapes with the usage of delicate features and intricate details. It also provides a wide variety of materials and colors into one model. The major advantage of driving its demand is reduced material wastage and a high level of accuracy.
4D printing is used extensively in medical research models. They are used to fabricate organs and tissues. They are also used to customize prosthetics, anatomical, and implant models. It is also applicable in the research of pharmaceuticals. Medical research models held a larger market share owing to its excessive usage in research.
The software and services segment is expected to reach USD 12.0 million by the year 2030, showing significant growth during the forecast period. 4D printing software has various applications, such as designing, creating, and assembling models in the healthcare sector. It also ensures that the required specification has been fulfilled. There is new software coming up; however, the research in this industry is limited as it is still in its nascent stage. 3D machines are installed everywhere, but the 4D printers require completely new software and machines.
The North American regional segment held the largest share in the 4D printing in the Healthcare industry of 43.9% in the year 2019. The industry is dominated in this region due to the presence of major key players in the region, favorable reimbursement scenario, and technological advancements in the region.
Companies considered and profiled in this market study
3D Systems, Organovo Holdings Inc., Stratasys Ltd., Dassault Systèmes, Materialise, EOS GmbH Electro Optical Systems, EnvisionTEC, and Poietis.
The players operating in the market have undertaken a number of strategies related to the market in the period 2019-2020. The key highlight is:
The industry offers numerous growth opportunities. Thus, a number of startups providing innovative products and technologies have been entering the market. Some of them include Lantos Technologies, Biomodex, Open Bionics, CertaScan, Fit3D, Monogram, and ShapeScale, among others.
Mergers and Acquisitions are an integral part of the 4D Printing in the Healthcare industry. Along with the companies operating in the market, other key market players have also been entering the industry.
Reports and Data forecast promising developments for increased adoption of 4D printing in healthcare. According to industry experts, new manufacturers are expected to enter the market, which is likely to provide enhanced market products. New companies entering the industry would focus on innovating and providing through advanced technologies, thereby reducing complexity and lowering the overall total cost of operation. Experts also believe that increase in the adoption of the latest technology in emerging nations would be a key development area for the industry.
Segments Covered in the report
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2030. The scope of the report can be defined as:
For the purpose of this report, Reports and Data have segmented the global 4D printing in the Healthcare market on the basis of component, technology, application, end-use, and region:
Component Outlook (Revenue, USD Million; 2019-2030)
Technology Outlook (Revenue, USD Million; 2019-2030)
Application Outlook (Revenue, USD Million; 2019-2030)
End-Use Outlook (Revenue, USD Million; 2019-2030)
Regional Outlook (Revenue, USD Million; 2019-2030)