The $6 billion-plus market for 3D printing is not the only answer

- Nov 08, 2019-

Just as artificial intelligence technology has achieved a deep integration with the medical industry in the process of accelerating the commercial application, 3D printing technology has also gained new development in the medical field.

Recently, 3D printer manufacturer Desktop Metal launched a new Desktop 3D printer Fiber.

In October, fast real technology, a digital 3D printer company, announced the completion of b-round financing of over RMB 100 million yuan.

On August 8, LuxCreo, a 3D printer company, announced the completion of a $30 million series B financing round.

Nowadays, the popularity of "3D printing" is on the rise and has attracted more attention from the capital market.

The picture

After years of development, 3D printing technology has become more mature and its application scope has been expanding. It can be printed on cars, buildings, food and medicine, which can be regarded as an "artifact".

Obviously, as one of the most important cutting-edge technologies in the new era, 3D printing is gradually changing our daily life and exerting a more and more extensive influence.

When 3D printing "encounters" medical care

Just as artificial intelligence technology has achieved a deep integration with the medical industry in the process of accelerating the commercial application, 3D printing technology has also gained new development in the medical field.

Currently, in the aspect of "3D printing + medical treatment", surgical instruments, drugs and implants can be directly manufactured by 3D printing.

What's more, 3D printing has gradually developed from printing inanimate devices to printing "living" tissues such as organs, skin and blood vessels.

If there's one aspect of 3D printing that's most anticipated in medicine, it's organs and limbs.

For humans, organ disease and limb loss are particularly important, and it is not easy to obtain suitable organs and artificial limbs.

Once 3D printing technology can make key breakthroughs in organ and limb printing and realize universal application, it will be a great blessing for human beings.

In fact, 3D printed limbs have been born and started to be used in clinical applications.

In Western Europe, some disabled people have 3D printed arms and palms.

In Australia, a local 3D printing company can even create a 3D printed rib cage for patients with customized rib and sternum.

Something unimaginable in the past has come true because of 3D printing.

The good news is that it's not just 3D printed limbs. 3D printed organs have also come a long way.

A biotechnology company in the us has used 3D printing of cells to print tissue needed for a liver, which can then be grown into a normal liver for transplantation.

Of course, the technology is not mature yet, but at least we know that 3D printed organs will be possible in the future.

Therefore, the rapid development of 3D printing technology and its extensive and in-depth application in the medical industry will generate inestimable potential value.

When 3D printing becomes truly universal in the medical industry, it will certainly be a revolutionary change.

Though the road has its thorns, the future will be bright

The application of 3D printing in medical field is encouraging. Whether it is 3D printed organ or 3D printed artificial limb, it can change the fate of many people.

Arguably, thanks to 3D printing, more and more impossibilities are becoming possible.

However, the integration of 3D printing and medical care is not perfect.

On the one hand, in order to ensure that the printed medical products are safe, stable and applicable, it is necessary to continuously explore 3D printing materials more suitable for human body, which is the key to whether 3D printing medical products can be commercialized on a large scale and enhance the market value.

, on the other hand, the price of 3 d printing of medical products and the price of 3 d printing equipment are very high, not only the general hospital is hard to bear, but also more common in patients with cannot afford such fees, so still need by strengthening technology research and development, to reduce the cost of equipment and materials to promote the commercial process, realize its economic value and social value.

Once progress is made in core areas such as materials and cost, the medical market of 3D printing is expected to explode.

According to IDC, the medical segment of 3D printing will account for more than 13 percent of the overall 3D printing market, and global spending on 3D printing will reach $22.7 billion by 2022.

Industry experts said that the medical field itself, as the main landing site for the commercialization of 3D printing technology, has a very positive development momentum.

When the application of 3D printing technology with broad prospects and the medical industry with broad market prospects are increasingly integrated, the two will collide into a more brilliant spark, releasing a huge market space.

By 2030, the 3D printed medical market is expected to exceed $6 billion and maintain a high compound annual growth rate of more than 16 percent.