The 3D printing technology has witnessed increased adoption in the healthcare sector. However, surge in requirement of variations in the technical aspects of the printers is expected to boost the market. In addition, the development of portable and energy-efficient 3D printers is a rapidly emerging trend in the 3D printing industry.
Furthermore, utilization of this technology to predict the mechanical and tensile strength, apart from offering flexibility to the 3D-printed objects, is projected to increase its applicability in novel healthcare applications. Product innovation and increase in applications of 3D printing in the healthcare sector are the major factors, which are expected to drive the market growth.
The market is expected to witness significant growth during the forecast period, owing to numerous technological innovations in this sector. In addition, heavy investments for R&D activities, rapid expansion of customer base, increase in scope of biomedical applications, and extensive R&D activities for the advancement in 3D printers at the academic and industrial level have fueled the market growth.
