3D printing medical health market analysis and industry trends

Tissue engineering and artificial dental implants are driving the development of 3D printing technology in the healthcare market, with a market share of $1.2 billion by 2020.

Due to the application of 3D printing technology, medical and health fields such as orthopedics and implants are increasing. It is estimated that in the next few years, the global 3D printing industry's share in the health care market will grow rapidly.

3D printing, also known as additive manufacturing, converts a 3D model into a three-dimensional object, and the material used for this purpose is called a 3D printed material. The application of 3D printing technology in many fields of the healthcare industry such as dentistry, medical treatment, transplantation, and pharmaceutical manufacturing has begun to develop rapidly.

3D printing medical health market analysis and industry trends

In 2014, the global medical 3D printing market was dominated by several giants such as Stratasys Ltd. (USA), 3D Systems (USA), Materialise NV (Belgium), and Envision TEC GmbH (Germany).

The main companies in the 3D organ and tissue printing market are:

Organovo (United States)

Oxford Performance Materials (American Face Print)

Aspect Biosystems (Canada)

n3D ​​Biosciences (US Print Cell Culture)

Medical 3D printing can use a wide range of materials. In this way, the 3D printing market can be divided into donor cells, plastics, ceramics, metals and the like. Due to the low cost of plastics and ease of manufacture, there is a huge demand for plastics in the medical 3D printing industry. Plastics and polymers are the most widely used materials in the medical 3D printing industry, with revenues of $189.9 million in raw materials in 2014. The compound annual growth rate from 2015 to 2020 is estimated to be 13.1%. Although the highest compound annual growth rate of donor cells in the medical 3D printing industry is expected to reach 28.8%, ceramic materials are still the second largest raw material pillar in the medical 3D printing market.

3D printing technology has many applications in the field of medical and health, and can be divided into several sections such as prosthetics, surgical guidance, hearing aids, and tissue engineering. Repair limbs made from different metals and materials have long been widely used in the medical industry. However, the cost-effective, customizable advantages of 3D printed prostheses will be an innovation for the medical sector and will further advance the development of 3D printing medical applications.

The dental laboratory is keen to use 3D printing products for replacement and repair operations. The increase in the number of implant operations has led to a further increase in the demand for dental implants. In 2014, dental implants accounted for the largest share of the global medical 3D printing market with $175.3 million in revenue. The repair should be second to none, and the expected maximum compound annual growth rate for tissue engineering applications can reach 26.2%.

Recently, 3D printers have been used in the medical industry to design customized medical devices, prosthetics (including prostheses, teeth). Therefore, the demand for materials used in these areas, such as plastics, ceramics, and metals, is also expected to increase. In addition, governments are also developing and promulgating policies to encourage the development of the medical 3D printing industry. Because of the endless stream of revolutionary 3D printing applications, the potential economic benefits are huge, making large investments available to 3D printing companies in the form of research resources. However, the high cost of 3D printers also indirectly affects their use in the medical sector and university research and development. Therefore, only large organizations and universities that rely on investment by government or contract companies have the opportunity to enter the industry. The high cost of printers and materials makes individuals unable to afford the high price of 3D printing, which is a major obstacle to the current market development.

Due to the increase in application and investment growth of 3D printing technology, the global medical 3D printing market in 2014 was mainly controlled by the United States, and Europe was the second largest 3D medical printing market in the United States. The European market is expected to see significant growth following major changes such as mergers and acquisitions and large government investments in 3D technology. At the expected compound annual growth rate of 23.5%, the medical 3D printing market in the Asia-Pacific region is also expected to grow substantially. Even so, the current market share of medical 3D printing in the Asia-Pacific region is lower than that in Europe. Its huge potential market in the future is mainly due to population growth and 3D printing applications for transplantation and surgery.

According to IndustryARC's analysis, in view of the increasing number of new manufacturers entering the industry, more material manufacturers and printer manufacturers will appear on the market than technology developers. As the use of 3D printing in dentistry, medical, and prosthetics has increased, laboratory scientists have shown greater interest in developing tools and finding solutions that meet their needs. Due to the exponential growth in profits earned in the future, these materials and printer suppliers are actively collaborating with researchers and investing heavily in developing new solutions.

Plant Extract

Plant extracts refer to a class of substances derived from plants that have one or more biological functions. Can be separated by physical and chemical extraction of one or more effective components formed by natural products.
There are many kinds of plant extracts. At present, natural plant extracts mainly include essential oils, saponins, alkaloids, polysaccharides, polyphenols, flavonoids and so on. According to the biological activity, it can be divided into antioxidants: grape seed extract, green tea extract, pine bark extract, etc. Immune modulators: ginseng extract, gynostemma pentaphyllum extract, Ganoderma lucidum extract, etc. Improve cardiovascular function: ginkgo biloba extract, lotus seed heart extract, rhodiola extract, etc. Sedative: valerian extract, hop extract and so on.
According to their own characteristics in the market application of plant extracts can be roughly divided into six categories: coloring, seasoning, medicinal, health, dietary supplements and feed additives. Natural plant pigments refer to pigment components in roots, stems, leaves, flowers, fruits and bark of plants, such as turmeric, sappanwood, indigo, safflower, black bean and green walnut peel. Natural plant pigments are widely used in food, textiles, cosmetics, medicine, leather industry, printing and dyeing and other industries.
Plant extracts are rich in ingredients that can effectively stimulate the senses, such as sweeteners and volatile substances. Natural sweeteners, such as stevia glycoside and grosvenin, are popular new sweeteners. They are not only sweet, but also ideal substitutes for sucrose. Essential oils are concentrated volatile substances that are commonly used in the preparation of fragrances and are widely recognized in plant extracts.
Contained in the plant extracts of saponins, alkaloids, polyphenols, flavonoids and other ingredients are widely study has many biological activities, such as antioxidant, antibacterial, anti-inflammatory, improve animal production performance, antivirus, enhance immunity, etc., for human and animal health has the effect of nots allow to ignore, and the development of its pharmacology and health care function has become the main trend of plant extracts.In addition, as a dietary supplement, it is one of the main applications of various plant extracts. Such as oligosaccharides (oligosaccharides, oligosaccharides, oligosaccharides, galactose, etc.) dietary fiber, soybean protein, dietary fiber, wheat albumin, L-arabinose, sugar alcohol (xylitol, malt heavy sugar alcohol, sorbitol, etc.) and other natural plant food additives have been widely used in the food health care market. Many plant functional ingredients with anti-inflammatory, antioxidant and bacteriostatic properties are also commonly used as substitute anti-bacterial products. The application of green feed additives in livestock and poultry production has been vigorously developed, such as green tea polyphenols extract, pine bark procyanidins extract and polyanthocyanidins extract.
Due to the changes in lifestyle, working mode and consumption mode, more consumers are pursuing the life concept of "big health". The so-called "big health" refers to a concept of whole-process, comprehensive and total factor care for people's life around the basic necessities of life, life, old age, illness and death. It not only pursues individual physical and physical health, but also pursues mental, spiritual, social, environmental and family health. In the era of "great health", natural plant-based health products are the core and the key material basis.
With increasing attention to the food and drug safety, from natural plant in the development and utilization of the active ingredient is becoming more and more attention, a large number of food safety, have certain curative effect function of plant extracts have been used as raw materials in a variety of ways into functional food nutrition and health food has entered people's lives, and will play a more and more important role.
And more and more new research new discovery, predicts that the plant extract industry chain will have more members to join, there will be more business opportunities. The future domestic plant extract market will stride forward gradually to mature period!
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