Market Overview:
The 3D Printed Drugs Market size is estimated to reach $225 Million by 2030, growing at a CAGR of 11.5% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “3D Printed Drugs Market – By Dosage Form (Tablets, Capsules, Multi-drug Implants, Nanoparticles, Others), By Technology (Inkjet Printing, Fused Deposition Modeling, Stereolithography, Zip Dose Technology, Selective Laser Sintering (SLS), Others), By Application (Orthopedic, Neurology, Dental, Pediatrics and Geriatrics, Others), By End-User (Hospitals and Clinics, Research Laboratories, Academic, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”
Advancements in Bioprinting and Increasing demand for Innovative Drug Delivery Systems are expected to create growth opportunities in the market during forecast period.
North America Dominated the Market in 2023:
North America accounted for the largest share of 48% of the 3D Printed Drugs Market in 2023 and is anticipated to experience the highest growth with a CAGR of 14.4% over the forecast period. North America has a high prevalence of chronic diseases and an aging population, increasing the demand for personalized and precise medication solutions that 3D printing can offer. The presence of leading technology companies and academic institutions also drives advancements in 3D printing technology, creating a conducive environment for market expansion.
3D Printed Drugs Market: Key Takeaways
ZipDose Technology is Leading the Market:
Developed by Aprecia Pharmaceuticals, ZipDose utilizes a proprietary 3D printing process known as powder-liquid 3DP to create rapidly disintegrating oral dosage forms. This technology allows for high-dose medications to be delivered in a single, easy-to-swallow tablet that disintegrates with just a sip of liquid. The advantages of ZipDose include precise dosing, improved patient adherence, and enhanced convenience, particularly for populations with swallowing difficulties, such as the elderly and pediatric patients. Furthermore, ZipDose was the first 3D printed drug technology to receive FDA approval, with its flagship product, Spritam (levetiracetam) which is approved in 2015 for the treatment of epilepsy. This milestone demonstrated the clinical viability and regulatory acceptance of 3D printed pharmaceuticals, positioning ZipDose as a leader in the market.
Neurology is to Register the Highest Growth:
Conditions such as epilepsy, Parkinson's disease, and multiple sclerosis often require precise and personalized medication regimens to manage symptoms effectively. 3D printing technology allows for the customization of drug dosages and combinations tailored to each patient's unique needs, improving therapeutic outcomes. Moreover, the ability to print drugs with specific release profiles and intricate structures enhances the efficacy of treatments for neurological conditions. This technological advancement addresses the challenge of polypharmacy and the need for precise drug delivery, thereby driving the significant market share of 3D printed drugs in neurology.
For More Queries About "3D Printed Drugs Market " @ https://www.industryarc.com/pdfdownload.php?id=502518
Scope of the Report:
Recent Developments:
- In June 2024, FabRx is expanding globally. They recently announced partnerships to distribute their 3D printing technology in Canada and established a subsidiary in the US.
- In October 2023, MB Therapeutics emerges to offer tailored 3D printed medications. Targeting children's requirements, through a collaboration with French extrusion 3D printer manufacturer Lynxter.
- In July 2024, Triastek announces research collaboration and platform technology license agreement with BioNTech to Advance 3D Printed Oral RNA Therapeutics.
3D Printed Drugs Market: Competitive Landscape
Key companies profiled in the 3D Printed Drugs Market are Fabrx Ltd., Aprecia Pharmaceuticals, LLC, Merck KGaA, MakerBot Industries, LLC, MB Therapeutics, SPRITAM, Triastek, Inc., GlaxoSmithKline, Cycle Pharmaceuticals, CurifyLabs, and Others.
About IndustryARC™:
IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.
IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.
Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: [email protected]
USA: (+1) 518-282-4727