3D Printing in Veterinary Medicine Market to be dominated by Rise in Animal Population through 2027
Growing occurrences of
animal surgeries and deformities to drive the 3D printing in veterinary
medicine market in the forecast period, 2023-2027.
According to TechSci Research report, “3D
Printing in Veterinary Medicine Market - Global Industry Size, Share,
Trends, Opportunity, and Forecast, 2017-2027”, the global 3D printing in veterinary medicine
market is anticipated to grow at a significant rate in the forecast period,
2023-2027. The increase in demand for animal surgeries and rise in animal
population are the primary factors driving the demand for the global 3d
printing in veterinary medicine market. Growing applications of 3D printing
technology in veterinary medicines, and support from governments are expected
to influence the market demand. The rising R&D activities and increasing
students in veterinary field are propelling the growth of the 3D printing in
veterinary medicine market, globally.
However, the limited use of 3D printing, design
inaccuracies and lack of technological awareness among veterans may likely hamper the growth
of the market in the forecast period.
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Figures spread through 110 Pages and an in-depth TOC on "3D Printing in Veterinary Medicine Market"
The global 3D printing in
veterinary medicine market is segmented into product type, material type, end
user, and company.
Based on product type, the
market is divided into 3D printed masks, 3D printed animal prosthetics &
orthodontics, 3D printed implants, 3D printed anatomical model, and others. The
3D printed animal prosthetics & orthodontics segment is expected to grow
during the forecast period. This is attributed to the extensive technological
developments and rise in animals with missing limbs.
Based on material type, the
market is divided into titanium, biomed white resin, plastics, and others. The plastics
segment is projected to grow at a significant rate over the forecast period due
to its lower cost and reasonably strong.
Based on end user, the market
is segmented into veterinary hospitals & clinics, academic & research
institutions, and others. The
academic & research institutions are expected to dominate the market over
the forecast period. This is ascribed to the rise in R&D activities and by
the students in veterinary field for learning and practice purposes.
Major operating companies
operating in global 3D printing in veterinary medicine market are:
- 3D Systems Corporation
- BTech Innovation
- Formlabs Inc.
- Med Dimensions LLC
- VET 3D
- M3DILAB Ltd
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“North America dominates the market in
2021 and is expected to maintain its dominance in the coming years due to the
adoption of 3D printing in veterinary field and extensive research and
development. Various initiatives and heavy investments by the government is
this region is curbing the market growth. Also, rise in pet ownership, increase in animal population, and growing
animal surgeries and missing limbs are expected to propel the global 3D printing
in veterinary medicine market growth till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“3D Printing in
Veterinary Medicine Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027 Segmented By Product Type (3D Printed Masks, 3D Printed
Animal Prosthetics & Orthodontics, 3D Printed Implants, 3D Printed
Anatomical Model, Others), By Material Type (Titanium, BioMed White Resin,
Plastics, Others), By End User (Veterinary Hospitals & Clinics, Academic
& Research Institutions, Others), and By Region”, has evaluated the future growth
potential of 3D printing in veterinary medicine and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global 3D printing in veterinary medicine market.
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