Market analytics firm, Technavio, predicts the worldwide 3-D printing in healthcare market will grow by a CAGR of nearly 18% between 2021 and 2025, according to its newest report. The market will also gain $2.53 billion from 2020 to 2025. The company’s report is delineated by application, geography, and technology.
Despite challenges due to the pandemic, the healthcare 3-D printing market grew by 14.03% in 2021. The largest application driver in the market is in the orthopedic and spinal space as patients age as well as seek customized implants.
North America will contribute to more than a third (37%) of growth in the market segment based on the expected speed at which the technology will be used in the region. Interest in 3-D printing and growth in healthcare spending will increase the market in North America and globally. As adoption of such technology grows, costs are likely to decrease.
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Report Page: https://www.technavio.com/report/3d-printing-market-in-healthcare-industry-market-industry-analysis
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