Press release
3D Printing Medical Devices Market Size 2012-2016 and Forecast 2017-2023
3D Printing Medical Devices Market: 3D printing is otherwise called as additive manufacturing that utilises layer-by-layer addition technique for producing the physical objects from 3D digital file. 3D printing technology is rising due to the increase in demands of the personalised medical care by providing customised medical devices based on the needs of the individuals. 3D printing technology is flourishing in many application areas in healthcare like medical, implants, drug manufacturing dental and others. Materials used for this process will vary according to the need. For instance, metals and ceramics are mostly used in dental implants to print dental crowns, own array of bio-materials are used by the medical industry. 3D printing is used to make 3D printed models of organs plan and practice of complex surgeriesA number of factors such as continuous technological advancements in 3D printing, increase in public and private investments to develop new 3D printing technologies, rise in acceptance of 3D-printed implants and organs are propelling the demand of 3D printing medical devices market. In addition, growing demand of organ transplantation, consolidation of industry by mergers and acquisitions to enhance market share in the global 3D printing medical devices market. However, high cost associated with advanced 3D printers, lack of both structured regulatory frameworks and reimbursement policies, copyright and patent issues associated with the 3D printing of patented products is expected to hamper the market growth.
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Global 3D printing devices Market are segmented based on raw materials, technology, application, end-user, and geography
On the basis of application, 3D printing medical devices market is segmented as:
• Surgical Guides
• Implants
o Orthopaedic
o Dental
o Crani-maxillofacial
• Surgical Instruments
• Bioengineering
• Others
On the basis of technology, 3D printing medical devices market is segmented as:
• Droplet Deposition (DD)
o Fused deposition modeling (FDM) technology
o Low-temperature Deposition Manufacturing (LDM)
o Multiphase Jet Solidification (MJS)
• Photo polymerization
o Stereo lithography (SLA)
o Continuous Liquid Interface Production (CLIP)
o Two-Photon Polymerization (2PP)
• Laser Beam Melting
o Selective Laser melting (SLM)
o Selective Laser Sintering (SLS)
o Direct Metal Laser Sintering (DMLS)
• Electronic Beam Melting (EBM)
• Laminated Object Manufacturing
• Others
On the basis of raw materials, 3D printing medical devices market is segmented as:
• Metals
• Polymers
• Ceramics
• Biological Cells
• Others
On the basis of the end-user, 3D printing medical devices market is segmented as:
• Hospitals
• Specialty Clinics
• Ambulatory surgical centres
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3D printing technology revolutionized manufacturing process around industry perpendicularly. In medical field 3D printing has led to development of innovative and efficient products. Ever increase in cost pressures on medical device manufacturers and their intense need to introduce innovative products has forced them to adopt 3D printing to reduce the manufacturing life cycle and to eliminate the traditional prototyping process. Increasing medical & pharma business, mainly because of increase in awareness regarding consumer health along with the increase in health issues are boosting the 3D printing equipment market.
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Some of the players in the global 3D printing medical devices market are FabRx Ltd. (UK), Organovo Holdings (U.S.), EOS GmbH Electro Optical Systems (Germany), EnvisionTEC, 3D Systems Inc. (Germany),, Cyfuse Biomedical K.K. (Japan), Bio3D Technologies (Singapore), Arcam AB (Sweden), and Stratasys Ltd. (U.S.)
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