Overview:
Global 3D Printing Medical Devices Market Share 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 3D
printing medical devices market report 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 3D printing medical devices market trends
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 Overview 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.
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Private Limited),
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New York 10013
United States of America
