The global 3D Printed Drugs Market is expected to reach a valuation of US$ 742.88 Million in 2032, with the market expanding at a stellar CAGR of 9.2% from 2022 to 2032. The target market will likely generate an estimated US$ 307.54 Million by the end of 2022.
Large-scale applications in the healthcare sector along with the rise of chronic ailments fuel the growth of the 3D printed drugs market during the forecast period.
Quick solubility and customizable aspect of 3D printed drugs augments the demand for the same in the international market. These drugs are produced by the help of powder bed inkjet printing by adding the drug’s components in a layer by layer format- similar to 3D printing for any other application. This process of production makes the medications easier to swallow and is advantageous for people suffering from dysphagia.
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Moreover, 3D printing has the potential to fasten up the arrival of customized pharmaceuticals or the development of therapeutic blends. With the help of 3D printing, medications could be personalized for each patient, which will likely be more effective than batch-produced medications as they would be produced individually with consideration for that patient’s medical history. All of these considerations aid the growth of the 3D printed drugs market during the forecast period.
“A surge in the demand for customized medications will fuel the global growth of the 3D printed drugs market over the forecast period,” says an FMI analyst.
Key Takeaways:
- The inkjet printer technology segment will hold 24% of the 3D printed drugs market share by the end of 2022.
- The hospitals and clinics end-user segment will own about 45% of the overall market share.
- In 2022, the 3D printed drugs market in North America will account for 31.1% of the total market share.
- Europe’s 3D drug printing market will hold 29.9% of the market share in 2022.
- Immense potential for 3D printed drugs research will drive the Asia Pacific market to hold 27% of the overall market share in 2022.
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Competitive Landscape
Hewlett Packard Caribe, Merck, Cycle Pharmaceuticals, AstraZeneca, Aprecia, Osmotica Pharmaceuticals, Aprecia Pharmaceuticals LLC Extend Biosciences, Bioduro, Affinity Therapeutics, GlaxoSmithKline Plc, and FabRx Ltd. among others are some of the major players in the 3D printed drugs market profiled in the full version of the report.
Key market players are focusing on product development and new product launches to meet the growing demand. These organizations also employ strategic partnership and collaboration tactics to gain a competitive advantage.
Key Segments Covered in the 3D Printed Drugs Industry Analysis
3D Printed Drugs Market by Dosage Form:
- 3D Printed Tablets
- 3D Printed Capsules
- 3D Printed Multi Drug Implants
- 3D Printed Nanoparticles
- 3D Printed Solutions
- Other 3D Printed Drug Dosage Forms
3D Printed Drugs Market by Technology:
- Inkjet 3D Printed Drugs
- Direct Write 3D Printed Drugs
- Zip Dose 3D Printed Drugs
- Thermal Inkjet 3D Printed Drugs
- 3D Printed Drugs based on Fused Deposition Modeling
- Powder Bed 3D Printed Drugs
- Stereo Lithography (SLA) 3D Printed Drugs
- Semi Solid Extrusion (SSE) 3D Printed Drugs
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3D Printed Drugs Market by Region:
- North America 3D Printed Drugs Market
- Latin America 3D Printed Drugs Market
- Europe 3D Printed Drugs Market
- Asia Pacific 3D Printed Drugs Market
- Middle East & Africa 3D Printed Drugs Market
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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