3D printing (3DP) has become a key driver in the progress of healthcare technologies in recent years. Along with other high-valued, high-complexity, one-off manufacturing such as in defense, aerospace, jewelry and automobile parts, the production of medical models, implants, prosthetics, surgical guides and even live tissue are becoming increasingly viable with the advent of 3D printing technology.
Despite the struggles experienced by public 3D printing hardware companies like 3D Systems and Stratasys, the adoption of 3DP is continuing its strong trend. Terry Wohlers, the leading 3DP industry analyst, estimated in the 2015 Wohlers Report that the additive manufacturing (AM) industry, consisting of all AM products and services worldwide, grew 25.9% YOY to $5.165 billion in 2015. The report also estimated 13% of the market to be in medical, which puts the size of the healthcare 3D market at about $671M….
This white paper will provide insights on current health care 3D printing market estimation and prediction, as well as current investment strategies and patterns.
Vice President at Stern Ventures
Ms. Wang has over 10 years and $200+ million in M&A experience. Previously, Ms. Wang served as Senior Manager of Corporate Development at EFI, Inc., where she helped develop and execute the Company’s acquisition growth strategy. During her tenure, Ms. Wang successfully managed and closed numerous M&A transactions, representing over $100 million in aggregate value. Her efforts enabled EFI’s target of $1 billion revenue in 2016. As part of the Wells Fargo Corporate Development team, Ms. Wang executed strategic acquisitions of asset-backed loan portfolios and aircraft leasing JV’s, representing over $110 million in aggregate value. Prior to, Ms. Wang was part of the Wells Fargo Corporate FP&A group, focusing on forecasting, budgeting and analysis for the Wholesale Commercial Banking division. She was instrumental in the post merger integration of the Wachovia Bank acquisition, as well as in the implementation of key company-wide finance initiatives.
Jenny Chen, M.D.
Jenny is trained as a neuroradiologist, founder/CEO of 3DHEALS, a company focusing on curating healthcare 3D printing ecosystem. Her main interests include medical education, 3D printing in the healthcare sector, and artificial intelligence. She is also a current adjunct clinical faculty in the radiology department at Stanford Healthcare.