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3D Technology In Healthcare Mar

ket Forecast 2014 2020

Table of contents

Introduction
3 D Technology Healthcare Market Segmentation
o By application
o By technology
o By raw material
o By geography
Value Chain Analysis
Market Determinants
Drivers of 3D technology Market
Restraints of 3D technology Market
Challenges of 3D technology Market
Opportunities of 3D technology Market
Key Strategies of Market Leaders
Geography Analysis
Market Estimation
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INTRODUCTION

3D technology is one of the fastest growing markets in


the world. There are various applications of 3D like
cinema, television, automobile, construction and
healthcare. 3 D Technology in healthcare include 3D
imaging, 3D printing and Virtual Reality. Healthcare
companies have entered the 3D imaging market. 3D
diagnostic imaging market has the largest share
(80.11%) in the overall 3D healthcare technology market.
The market is well established in all the geographies and
North America has the largest market share covering
almost 50% of the market.

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3 D Technology Market Segmentation

3 D Technology Market

Market By
Application
-Surgeries
-Implants
-Bioengineering
-Atypical
Antidepressa
nts

Source: OBRC Analysis

Market By
Technology
-Laser Beam
Melting
-Electron Beam
Melting
-Photo
Polymerization
-Droplet
Deposition
-Laminated
Object
Manufacturing

Market By
Raw
Material
-Ceramics
-Polymers
-Metals
-Others

Exhaustive segmentation &


estimations.

Market By Geograp
North America
-USA
-Canada
Europe
APAC
-UK
-China
-Spain
-Japan
-Germany
-India
-Italy
-France
Thailan
d

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Global 3D Technology in Healthcare Market 2013-2020 (in $ million)

Global 3D Technology in Healthcare market, 2013-2020 (in $ million)

2013

2014

2015

2016

2017

2018

2019

2020

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Supply Chain In 3 D Technology

3D TECHNOLOGY IN HEALTHCARE

3D PRINTING

RAW

SUPPLIER
(KEY
COMPONENT
& RAW
MATERIAL
SUPPLIER

MATERI
AL

MANUFACTUR
ER

Source: OBRC Analysis

3D IMAGING
SUPPLIER
(KEY
COMPONENT)

MANUFACTUR
ER

DISTRIBUT
ER

DISTRIBUT
ER

HOSPITAL

HOSPITAL

PATIENTS

PATIENTS

VIRTUAL
REALITY
CLINICS/
REHAB
CENTRES/
MENTAL
HOSP

PATIENTS

Cost Of Implantations Conventional Methods In


2011
Implants

No. of procedures

Total
Annual Avg.
Cost
Expenditure
procedure

Implantable
Cardioverter
Defibrillators

133262

$5.5 billion

$40000

Artificial Hips

230000

$10.5 billon

$45000

Heart Pacemakers

235567

$4.5 billion

$20000

Spine Screws, Rods 413000


and Artificial Discs

$10 billion

$25000

Metal Screws, Pins, 453000


Plates
and
Rods
(Traumatic
Fractures

$4.5 billion

$2000-$20000

Artificial Knees

543000

$12 billion

$22000

Coronary
Stents(arteries
tube)

560000

$7.4 billion

$13000

Ear Tubes

715000

$1-2 billion

$1000-$4500

Source: Business Insider

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per

Global 3D Printing in Healthcare Market, 2013-2020


(in $million)

2013

2014

2015

2016

2017

2018

2019

2020

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Source: OBRC analysis

Raw Materials Used In 3 D Printing

Ceramic
Highly Cost
effective,
Used in
Orthopedics
& Dental
Industry

Source: OBRC Analysis

Raw
Materials
Used in
Bio
Printing

Polymers
Easily
Available
Widely used
for making
medical
devices

Metals
Stainless
steel,
Titanium
used for
biomedical
implants and
tooling
applications

Bio Ink
Used in bio
printing

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Price comparison between Raw Material (ABS and


PLA) (2013)
Material

Color

Price per kg

ABS

White

$ 18.96

ABS

Yellow

$ 19.61

ABS

Black

$ 19.61

ABS

Blue

$ 23.70

ABS

Red

$ 25.80

ABS

Grey

$ 28.00

ABS

Gold

$ 28.00

PLA

Yellow

$ 19.19

PLA

Black

$ 19.19

PLA

Orange

$ 20.70

PLA

Red

$ 20.70

PLA

Green

$ 24.80

PLA

Purple

$ 25.88

PLA

Silver

$ 25.88

Source: OBRC Analysis

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Key Market Drivers

Better Choice Over Conventional Methods - 3D


technology has made it possible to implant hearing aid shells,
dental implants and replace hips and knees. 3D technology is
accurate, reliable and a better choice over conventional
methods.
Customized products - 3D technology in healthcare provides
customized products such as dental implant, hip and knee joint
replacement for the patient to choose. Products are being
manufactured depending on the patients requirement.
Government Funding for Research and Development
Countries such as US, UK and China have allotted huge funds for
research and development in 3 D technology especially in 3 D
printing
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Market Restraints

High Costs to Individual Patients - The implantation costs a


huge amount to an individual patient. Hospitals and research
centers are the key buyers of the 3D printers. 3D printers can
cost up to $800,000. High price is the major reason why
hospitals do not go for 3D printer as they have certain budget
constraints.

Lower Adoption rate - Adoption is very less due to lack of


awareness about the utility of products offered by the 3D
technology in healthcare
Regulations - Government regulations play a very important
role in the 3D technology market. The regulations are not
favorable for critical implants, drugs and medical instruments

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Opportunities For 3 D Technology in Healthcare


Market

Increase in Joint Replacement Surgeries Increasing number


of arthritis patients leading to joint replacement is an opportunity
for 3 D printing market

Personalized Drugs - Personalized drugs would be a


revolutionary concept in the healthcare domain. Every patient is
unique and has certain traits and genes that may not respond
to various drugs. Personalized drugs would enable the patient to
respond by using these customized drugs

Bio printing technology Bio printing will have huge scope in


the coming future due to the effective and useful products this
will offer to the 3D printing market. 3D bio printing involves the
generation of human tissues through bio models. 3D technology
enables the bio models to generate human tissues
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Market Challenges

Huge Costs - The costs involved in 3D technologies and


experimentations are high and it is a big challenge to bring it down.
Adoption of 3D technology is limited which points out that the prices will
not come down unless the adoption increases

Transplantation of vital organs - Tissue or organ transplant is a very


risky and tedious job in the medical field. The patient, who has to undergo
organ transplant, has to suffer chronic pain and uncertainty of survival. It
is a complex process; the tissue of patient must match with the organ
supposed to be implanted
Low adoption rate of 3D technology is a challenge - The 3D market
is very specific and full of non-conventional practices and hence leads to
skepticism among medical fraternity and patients. Big hospitals, clinics,
health providers and physicians do not totally rely on 3D technologies.
Regulations are a hindrance for 3D technology - Various
governments do not allow revolutionary technologies such as facial
implants and human tissue implants for replacing the dead or infected
tissues and so on

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Strategic Analysis of Market Participants

Research and development give rise to innovative


technologies - 3D technology in healthcare is still a new technology
and huge investment has been done in research and development.
R&D aims to overcome the challenges of existing technologies and
explore new possible technologies.
Strategic Partnerships - 3D technology companies have been
partnering with other companies to be cost effective. Cutting total
cost on the products would enable them to make good profits in
future. There are many companies that are collaborating for R&D
and product development
Acquisition gives upper hand over the competitors - The 3D
technology in healthcare is in the growing stage. Acquisition of other
companies would certainly enable the companies to grow.

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Geographic Analysis
Market Share by regions (2013, in $million)

North America
Asia Pacific
Europe
Rest of the World

Source: OBRC Analysis

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Market Estimation Sample Tables


Global 3D technology in healthcare market, 2013-2020 (in $ million)
3D
Technology
market

2013

2014

2015

2016

2017

2018

2019

2020

CAGR
%
(20142020)

3D Imaging

3D Printing

Virtual
Reality
Total

Source: OBRC Analysis

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Market Estimation contd


Global 3D technology in healthcare Market, 2013-2020 (in $million)
Region

2013

2014

2015

2016

2017

2018

2019

2020

CAG
R %
(201
42020
)

North
America
APAC
Europe
ROW
Total

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