Market revenue in 2023 | USD 5.3 million |
Market revenue in 2030 | USD 16.5 million |
Growth rate | 17.6% (CAGR from 2023 to 2030) |
Largest segment | Neurology |
Fastest growing segment | Orthopedic |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Dental, Orthopedic, Neurology |
Key market players worldwide | GlaxoSmithKline, Hewlett Packard Enterprise Co, Merck KGaA, AstraZeneca PLC, Aprecia Pharmaceuticals, Extend Biosciences, BioDuro, Affini-T Therapeutics, Osmotica Pharmaceutical, FabRx, Cycle Pharmaceuticals |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3d printed drugs market will help companies and investors design strategic landscapes.
Neurology was the largest segment with a revenue share of 50.94% in 2023. Horizon Databook has segmented the China 3d printed drugs market based on dental, orthopedic, neurology covering the revenue growth of each sub-segment from 2018 to 2030.
China's 3D printed drugs market has observed substantial growth in recent times due to innovation and advancement. China's vast population and increasing healthcare demand, especially for personalized medicine, have created a compelling need for innovative drug manufacturing techniques such as 3D printing.
Moreover, increasing funding from private and public players is anticipated to fuel market growth. For instance, in December 2020, Triastek, Inc., a 3D printing pharmaceutical company in China, raised CNY 100 million or USD 15 million through a Series A+ funding round.
The allocated funds will be utilized to conduct R&D activities for the production of 3D printed pharmaceuticals, submitting registration applications in both China and the U.S., and developing a production line on a large scale. Furthermore, in September 2023, the same company completed a USD 20.4 million Pre-C funding round to enhance its position in the market for 3D printing.
Horizon Databook provides a detailed overview of country-level data and insights on the China 3d printed drugs market , including forecasts for subscribers. This country databook contains high-level insights into China 3d printed drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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