About 3D Printed Drugs
These are drugs that have been developed using 3D printing technology to adapt them to individuals more safely and effectively. These medicinal products have uniform porous structures that are easily distributed in the mouth, which means that these high-dose medicinal products do not have to be swallowed intact. Therefore, this form of medication is helpful for patients with difficulty swallowing, children, the elderly, and patients who are dealing with complications such as stroke, Alzheimer's, head and neck cancer and other neurological disorders. With 3D printed drugs, it is easy to bind multiple layers of a powder mixture (API and excipients) with an aqueous liquid to get pre-measured, leak-proof unit doses that quickly disintegrate in the mouth with just a sip of liquid. With these drugs, too, patients and caregivers can experience a rapidly disintegrating, taste-masked, and convenient way to take or administer drugs, while providers can prescribe high-dose formulations for patients with swallowing problems or stressful dosing regimens.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aprecia Pharmaceuticals (United States), GlaxoSmithKline Plc (United Kingdom), Hewlett Packard Caribe (United States) and FabRx Ltd (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global 3D Printed Drugs market by Type (Spritam and Others), Application (Personal Use, Hospitals, Clinics and Others) and Region.
On the basis of geography, the market of 3D Printed Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Medical Stores will boost the 3D Printed Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Children will boost the 3D Printed Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase In Adoption Of Personalized Drugs, And Production Of Combination Medicine and Rise In Awareness Pertaining To The Advantages Of These Drugs
Market Growth Drivers:
High Demand Of Instantaneous Soluble Drugs, Increasing Prevalence Of Dysphagia and Growing Usage Of 3d Printing
Challenges:
Lack of Awareness Regarding these 3D Printed Drugs in Under Developed Regions
Restraints:
Adverse Effects Of The Drugs and Lack Of Government Regulations
Opportunities:
Growing Healthcare Infrastructure, Increase In Healthcare Investments and Technological Advancements In Developing Countries
Market Leaders and their expansionary development strategies
In February 2022, Authentise, a company specializing in additive manufacturing, acquired Elements, a manufacturer of data-driven workflow software for the additive manufacturing industry. Authentise now owns all stakes in the Elements technology platform, which offers self-service workflow tools designed for manufacturing processes.
In February 2021, Glatt Pharmaceutical Services and Aprecia made an announcement to enhance the utilization of Glatt's multi-particulate technologies via Aprecia's 3DP manufacturing. This groundbreaking partnership aims to address the design obstacles encountered in conventional manufacturing for oral pharmaceuticals. By leveraging Aprecia's ZipDose™ technology, the joint effort will initially concentrate on extending the product line of existing modified release 505(b)(2) brands and expediting the clinical development of new chemical entities (NCE). The focus will be on creating dosage forms that cater to the needs of patients.
In the few last years, 3D printing of medical devices has gained worldwide attention; in particular, products such as cranial implants, artificial knees, and spine prostheses, which are personalized for each patient. Such products are marketed under current FDA regulations following their similarities with already existing medical devices. In 2017, the FDA released guidelines for the manufacturing of medical devices and implants; however, there are currently no regulatory guidelines on the 3D printing of other products. In 2015, the FDA released the first 3D printed drug product, Spritam® (levetiracetam). This great technological step led to an increase of research on 3D printing technology to produce drug delivery devices. However, despite the fast development in the field, there are legal and regulatory issues that need to be addressed.
Key Target Audience
Manufacturers of 3D Printed Drugs, Suppliers and Distributors of 3D Printed Drugs, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.