SmarTech Publishing have predicted that by 2022 Medical 3D printing will be the largest single sector of the 3D/Additive manufacturing market and will account for $9.4Bn of total value across various segments, with a CAGR averaging at 25% (including orthopaedics, prosthetics, personalized surgery, orthotics, and more). Orbis Research finds that Europe is expected to be the fastest growing regional market over the forecast period due to the presence of a large number of R&D funding programs, and the increasing demand for customized medical devices in this region. It is expected to drive market growth over the next six years.
3D LifePrints are expanding rapidly throughout the UK in 2019 by opening embedded 3D Printing Hubs in strategically important hospitals as well as gaining momentum with European, US and Middle Eastern medical institutions.
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