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.