Global 4D Printing in Healthcare Market: Overview
The global 4D printing in healthcare market is likely to witness exponential growth due to its extensive application in the industry and constant technological innovations. The 4D printing technology has brought in substantial transformation in the medical industry. It has widened its scope of application in self-assembling human scale biomaterials, chemotherapy, and tissue engineering.
Riding on the back of technological innovations, a move from 3D medical devices to 4D ones such as orthodontic devices, stents, bioprinting, and biomedical splint has been observed.
A recent market study by Transparency Market Research estimates that the global 4D printing in healthcare market will witness robust growth in the forthcoming coming years. The TMR study also elucidates on the trends that already exist in the global 4D printing in healthcare market. It also offers ample information about the growth, size, competitive dynamics, and share of the market.
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Global 4D Printing in Healthcare Market: Notable Developments
The following is one of the significant developments pertaining to the global 4D printing in healthcare market:
- In August 2019, Making use of 4D printing technology, a new method has been invented to produce malleable microstructures. These microstructures are capable of making vascular the smallest ever stents. Those stents are 40 times smaller than what is available now in the market. It is expected that these types of extremely small stents could facilitate stretching of deadly constrictions of fetuses’ urinary tract in the womb. The researchers have decided to name their method indirect 4D printing.
The leading players of the global 4D printing in healthcare market are
- Organovo Holdings Inc.
- EOS GmbH Electro Optical Systems
- Dassault Systèmes
- Stratasys Ltd.
Global 4D Printing in Healthcare Market: Key Trends
The following trends and opportunities characterize the global 4D printing in healthcare market:
Innovative Use of 4D Printing Technology to Trigger Market Growth
Much of the growth of the global 4D printing in healthcare market is ascribed toward its widespread use in the industry. These 4D models could easily be customized according to the pathology of the patient thereby offering scope for making patient care more efficient and effective.
4D technology has exhibited its ability in making smart medical models that will metamorphose the medical industry all together. Therefore, it is predicted that 4D printing will encourage growth of the medical industry during the assessment period.
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4D printing finds ample scope of use in the medical industry. Targeted drug delivery is one such application where medication is delivered to certain intended locations in the human body. 4D printed gadgets is capable of carrying pharmaceutical drugs and then delivering them to the targeted location when its environment triggers the right stimuli. 4D pinted devices are capable of working on many possible stimuli.
Global 4D Printing in Healthcare Market: Geographical Analysis
North America, Middle East and Africa, South America, Asia-Pacific, and Europe comprise the primary regions of the global 4D printing in healthcare market.
North American region is likely to dominate the global 4D printing in healthcare market during the forecast period. The North American market is likely to gain momentum from relentless technological innovations in the field. Additionally, the rising demand for organ transplantation also triggers growth of the regional market. Organ transplantation process requires 4D printing technology. Existence of top-notch healthcare infrastructure is likely to add impetus to the regional market.