The global 3D Printed Brain Model market size is expected to be worth around US$ 98.9 million by 2030, according to a new report by Vision Research Reports.
The global 3D Printed Brain Model market size was valued at US$ 26.4 million in 2020 and is anticipated to grow at a CAGR of 17.3% during forecast period 2021 to 2030.
|Market Size||US$ 98.9 million by 2030|
|Growth Rate||CAGR of 17.3% From 2021 to 2030
|Forecast Period||2021 to 2030|
|Segments Covered||Technology, Materials|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Stratasys Ltd.; CELLINK; Cyfuse Biomedical; Rokit Healthcare Inc.; MedPrin; 3D Systems; Formlabs; Voxeljet|
The market was adversely affected in 2020 due to the COVID-19 pandemic on account of delays in neurological surgery and decreasing financial resources of health organizations, leading to reduced investment in advanced technology. Also, the economic slowdown, lockdowns in various areas leading to disruption in the supply chain, and the shutting down of a few market players have negatively impacted the market. A survey was conducted by The American College of Surgeons and Neurosurgeons where 60 countries were invited and there was a total of 494 participants.
3D printed brain models aimed at improving patient outcomes. Additive manufacturing helps neuro-surgeons have more information that further helps in the spatial orientation inside the brain. It also helps in stimulating the steps with high fidelity. Thus, they are anticipated to contribute to market growth.
By Technology Analysis
The Fused Deposition Modelling (FDM), or Fused Filament Fabrication (FFF), technology segment dominated the market with a revenue share of more than 26% in 2020. It is expected to grow at a steady CAGR over the forecasted period. This technology can help produce strong, stable, and durable 3D models.
Other technologies include Stereolithography(SLA), ColorJet Printing (CJP), MultiJet/PolyJet Printing, and others. The others technology segment includes Selective Laser Sintering (SLS), binder jetting, and digital light synthesis.
By Material Analysis
The plastic materials segment led the market with a revenue share of over 42% in 2020. The segment is expected to grow at a steady CAGR over the forecasted period.
Based on materials, the market is segmented into polymer, plastic, and others. The others material segment includes metals, ceramics, and calcium phosphate salts (HA), glass, oxides of aluminum, and titanium. After plastic materials, the polymer segment is expected to witness lucrative growth over the forecast period owing to the benefits of product development and versatility of the material.
By Regional Analysis
North America dominated the market in 2020 with a revenue share of more than 34% and will expand at a steady CAGR from 2021 to 2030. The growing demand for personalized healthcare and the prevalence of neurological diseases are anticipated to contribute to the market growth in the region.
Asia Pacific is expected to witness the fastest CAGRover the forecast period. The main drivers of this market are the influx of many players, the need for technological advancements, the rise in unmet needs related to neurological diseases & treatment, and the presence of emerging countries, such as Japan and China.
Rokit Healthcare Inc.
Fused Deposition Modeling (FDM)
Middle East & Africa
The 3D Printed Brain Model market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of 3D Printed Brain Model market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global 3D Printed Brain Model market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the 3D Printed Brain Model market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted 3D Printed Brain Model market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the 3D Printed Brain Model capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of 3D Printed Brain Model by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global 3D Printed Brain Model market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major 3D Printed Brain Model market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of 3D Printed Brain Model market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the 3D Printed Brain Model industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
3D Printed Brain Model market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 3D Printed Brain Model market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of 3D Printed Brain Model market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new 3D Printed Brain Model market. These factors have benefited the growth of the global market for 3D Printed Brain Model. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for 3D Printed Brain Model. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of 3D Printed Brain Model are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are: