Canada Healthcare Additive Manufacturing Market Size & Outlook
Canada healthcare additive manufacturing market, 2018-2030 (US$M)
Related Markets
Canada healthcare additive manufacturing market highlights
- The Canada healthcare additive manufacturing market generated a revenue of USD 435.5 million in 2023 and is expected to reach USD 1,502.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 19.4% from 2024 to 2030.
- In terms of segment, dental was the largest revenue generating application in 2023.
- Dental is the most lucrative application segment registering the fastest growth during the forecast period.
Healthcare additive manufacturing market data book summary
| Market revenue in 2023 | USD 435.5 million |
| Market revenue in 2030 | USD 1,502.4 million |
| Growth rate | 19.4% (CAGR from 2023 to 2030) |
| Largest segment | Dental |
| Fastest growing segment | Dental |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Implants, Prosthetics, Wearable Devices, Tissue Engineering, Dental |
| Key market players worldwide | 3D Systems Corp, EnvisionTEC, Materialise NV ADR, Stratasys Ltd, Portland General Electric Co, GPI Prototype and Manufacturing Services, RegenHU, Nanoscribe, 3T Additive Manufacturing Ltd |
Other key industry trends
- In terms of revenue, Canada accounted for 5.1% of the global healthcare additive manufacturing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. healthcare additive manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,502.4 million by 2030.
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Healthcare Additive Manufacturing Market Scope
Healthcare Additive Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada healthcare additive manufacturing market outlook
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 healthcare additive manufacturing market will help companies and investors design strategic landscapes.
Dental was the largest segment with a revenue share of 36.69% in 2023. Horizon Databook has segmented the Canada healthcare additive manufacturing market based on medical implants, prosthetics, wearable devices, tissue engineering, dental covering the revenue growth of each sub-segment from 2018 to 2030.
The country has a broad AM ecosystem that includes some world-class companies. It has achieved remarkable success in specialist fields, such as metal AM research, aerospace, metal powder feedstock, and health sciences applications. However, AM in Canada faces a number of challenges, including limited adoption in industry due to capital investment costs and uncertain ROI.
The country faces competition from larger AM players, such as the U.S., Germany, and China, on which Canada now relies for majority of its AM machinery and supplies. Quebec, in particular, is a world leader in metal AM research and powder creation.
For instance, Winnipeg’s Precision ADM was Canada's largest manufacturer of 3D-printed medical equipment during the COVID-19 pandemic. The federal government is promoting the expansion of the country’s AM ecosystem.
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Our clientele includes a mix of healthcare additive manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada healthcare additive manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Canada healthcare additive manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada healthcare additive manufacturing market size, by application, 2018-2030 (US$M)
Canada Healthcare Additive Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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