From 2014 to 2020, the global healthcare three-dimensional printing market is expected to grow at a compound annual growth rate of 15.6 percent, according to EconoTimes Business.
Here are six takeaways:
1. An increasing geriatric population, rising healthcare requirements across the globe and an increasing number of orthopedic and cardiovascular disorders among the aged population are spurring the market's growth.
2. Government initiatives to create healthcare infrastructure as well as rising investments for research and development also drive the market's growth.
3. By 2020, the market is projected to reach $1.13 billion.
4. In 2013, implants accounted for 60 percent of the global market share.
5. North America accounted for more than 35 percent of the global revenue in 2013.
6. Key players include Envision TEC, Materialise, Stratasys, 3D Systems Software, Organovo, Bio-Rad Laboratories, SOLS, Metamason, Simbionix, RegenHU, Youbionic, 3D Matters Pte, 3D Systems, Roche Pharmaceuticals, Ekso Bionics, Renishaw, Delcam India, Robohand, Worrell, Archam, ALD Vacuum Technologies and Rainbow Biosciences.
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