Overview:
Global
3D Printing Medical Devices Market size is projected to reach USD 6.86 billion by 2030, as per the report of Market
Research at a CAGR of 29.9% during the forecasted period 2023 - 2030, which can
be studies as the forecast period for the market. The report also covers
several market aspects to understand, which way the market would swing in the
coming days.
3D printing has the
benefit of creating products with great precision and in much less time. In
addition, it curbs the final cost significantly and can be customized as per
the need. The recent advents of the technology in various segments like dental,
orthopaedic, and others are expected to make substantial space for the market
to proliferate. The technology is gaining mileage by impacting sectors like the creation of limb prosthetics, titanium replacements for hips & jaws, manufacturing of plastic tracheal splints, etc.
The global market for 3D printing
medical devices can experience the impacts of government funding and various
private investors. But its biocompatibility issues can deter the market growth.
Competitive Landscape:
Global 3D
Printing Medical Devices Market Players has potential to make changes in the
outcome of the market in the coming years by transforming their strategic
moves. These companies are Stratasys Ltd., 3D Systems Corporations, EnvisionTEC, Arcam
AB, Organovo Holdings, Inc., SLM Solutions Group AG, Materialise NV, Oxford
Performance Materials, Inc., Laser GmbH, 3T RPD Ltd, Bio3D Technologies,
Renishaw plc, Cyfuse Medical K.K.EOS GmbHConcept, Prodways Group, and others.
Segmentation:
MRFR’s take on the Global 3D Printing Medical Devices Market has its foundation on the segments
like component, types, application, technology, and end-users.
These segments have inclusion of various insights regarding the market that can
be explored well for strategies of the coming years.
By type, the global
market for 3D printing medical devices includes prosthetics & implants,
surgical instruments, surgical guides, and tissue engineering
product. The surgical guide segment
has better market coverage.
By component, the global market
report for 3D printing medical devices comprises system, 3D bio printer, materials software & services, and 3D printer. The software & services segment
has better opportunities to cover the market on a greater way.
By technology, the report
for 3D Printing Medical Devices
Market insights forms a
foundation by centering around droplet deposition, 3D
printing, laser beam melting, photopolymerization, laminated object
manufacturing (LOM), polyjet technology, electron beam melting (EBM), and others. The photopolymerization segmentation
is deemed to spearhead the global market.
By application, the same
market report covers clinical study devices,
external wearable devices, implants, and tissue engineering.
By end-users, the report
on the global
market for 3D Printing Medical Device comprises academic institutions, medical & surgical centers, pharma & biotech companies, hospitals, and contract research
organization.
Regional Analysis:
The 3D Printing Device Marketis
finding strong traction in the Americas where cosntant changes is getting
ushered in by various market players who are operating from the region and
impacting the global market by earning better revenues. The market in the
Americas has two distinct regions like North America and South America. In
North America, the market for 3D printing devices depends mainly on the
contributions of the US and Canada, whereas, in the South, the market gains
more from the evolution of Argentina and Brazil. North America has the market
dominance and it can be taken into consideration The market in the region is
gaining from increasing demand for transplants.
In Europe, the market is finding
strong growth due to increasing government funding and investments in the
research and development sector. The improving lifestyle is also creating much
demand for the regional market for 3D printing medical devices.
The market in the Asia-Pacific region has
the potential to clock highest growth rate during the forecast period. Also,
the geriatric population and rising expenditure in the healthcare sector can
improve the market scenario better.
The market from the Middle East &
Africa region
may find least revenues to contribute as the region lacks infrastructure and
much expenditure capacity due to the presence of poor economies.
About US:
Market Research Future (MRFR),
enable customers to unravel the complexity of various industries through Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New
York,
New York 10013
United States of America
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