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3-D printing for medical sector to grow at 11.7% CAGR through 2024: 5 notes Featured

Written by  Megan Wood | Tuesday, 14 February 2017 21:57
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The global 3-D printing for medical sector market totaled $412.2 million in 2015, according to a Coherent Market Insights analysis.

Here are five notes:

 

1. The market will likely grow at a compound annual growth rate of 11.7 percent through 2024.

 

2. The reasonable price of 3-D printed medical products will spur market growth.

 

3. In the United States, the government is funding and creating manufacturing hubs for healthcare innovations, such as 3-D printing.

 

4. The Japanese government also backs the manufacturing of professional-grade 3-D printers.

 

5. Supportive government policies and funding will increase global market growth.

 

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