3D Printed Hip And Knee Implants Market : Key Players : Medtronic, DePuy, 3D Systems, Embody Orthopaedics & Smith & Nephew
Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2312
3D printed Hip & Knee Implants Market Drivers
An ageing population in developed countries & China are expected to be the biggest driver of the 3D printed hip & knee implant market. Millions of people worldwide have to undergo either hip or knee replacement surgery every year. It is not people above 60 years but those between ages 45-54 who have shown the largest increase in percentage terms. This is because of improved implant quality and awareness of how they improve mobility and quality of life. Some of these initial surgeries fail due to contracting infections & patients then have to undergo another surgery to replace the implant. This has a much lower success rate & also causes significant pain & inconvenience. A second driver is that 3D printing is a minimally invasive procedure preferred by patients. Surgeons can rehearse the operation with the help of 3D models beforehand which allows them to make smaller incisions, reduce blood loss & assures an easier recovery. The 3D printed hip & knee implant market helps to reduce costs & inefficiencies as these parts will be an exact fit for an individual patient.
3D printed Hip & Knee Implants Market Restraints
While the 3D printed hip & knee implant market has a tremendous scope with the pace at which 3D printing is advancing, there are still major challenges faced today. The first one is long term performance. 3D printed parts are inherently weaker than forged parts which are how traditional metal implants are made today. They are stronger than cast parts, but they wear down much faster than forged parts in lab tests. The second main concern is the lack of regulation. At present, more than 70 3D printed devices have been approved by 510(k) of the U.S. FDA Act and this includes medical implants as well. While those drafts have been approved, FDA technical guidance is still some time away. It is an open question how restrictive the guidelines will be once published. And this just pertains to the U.S as there is no governing body or standard worldwide. This means that the 3D printed hip & knee implant market will have to go through separate approvals in each country, increasing the effort and time taken by manufacturers.
Read Comprehensive Overview with TOC of Report @ https://www.futuremarketinsights.com/toc/rep-gb-2312
3D printed Hip & Knee Implants Market Key Regions
The largest 3D printed hip & knee implant market is the U.S as half of all joint replacements worldwide take place there. China is the fastest growing market. Implants are heavily regulated there as the country currently imports a majority of them. Greater government pressure to manufacture indigenously is encouraging companies to enter the domestic 3D printed hip & knee implant market. The China Food And Drug Administration has also approved 3D printed hip plants for medical use there.
3D printed Hip & Knee Implants Market Key Market Players
Some companies in the 3D printed hip & knee implant market are Medtronic, DePuy, 3D Systems, Embody Orthopaedics & Smith & Nephew.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 3D Printed Hip And Knee Implants Market : Key Players : Medtronic, DePuy, 3D Systems, Embody Orthopaedics & Smith & Nephew here
News-ID: 1432986 • Views: 291
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Implants
Cosmetic Implants Market - Trends, Outlook
Cosmetic Implants are substances placed under the skin or over the body to modify the beauty and physical appearance of an individual. Cosmetic implants are the specially designed medical devices which help individuals regain their appearance and aesthetically replace their damaged body parts after suffering from trauma or accidents. The implants can be placed subdermal or transdermal according to the type of surgical procedure. Cosmetic implants are prosthetics attempted to
Craniomaxillofacial Implants Market: Growing number of Implants to Trigger Adopt …
The global craniomaxillofacial implants market is highly fragmented owing to the prevalence of several established and emerging players, states Transparency Market Research (TMR) in a research report. The prevalence of numerous players in the craniomaxillofacial implants market also makes the competitive scenario highly intense in the market. The leading companies operating in the market are Medartis AG, Medtronic, Inc., B. Braun Melsungen AG, Rebstock Instruments GmbH, Osteotec Ltd., General Implants
3D Printed Medical Implants Market
3D printing, also known as additive manufacturing, refers to addition of successive layers of raw material to produce objects forming three-dimensional file. In medical terms, 3D printed medical implants allow surgeons in surgery by implantation of biological objects, reduces risks involved during surgeries, decrease in anesthesia exposure duration, and risk of infection. 3D printing is a rapidly emerging technology which empowers key manufacturer in the medical field to form the
Global Cosmetic Implants Market | MarketResearchReports.biz
Latest industry research report on: Global Cosmetic Implants Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Cosmetic implants are the devices used to place inside or over the body part(s) in order to modify the beauty and physical appearance of an individual. Cosmetic implants are widely used to serve various purposes in cosmetic industry, such as replacement of missing parts, modification of physical appearance and
Middle Ear Implants Market
Middle Ear Implants Market Overview Middle implant ear is a small device inserted into the middle ear and coupled to ossicles. Middle ear implants are devices designed for those who suffer mild- moderate mix or sensorineural hearing loss and conductive hearing loss. Middle ear implant is an advanced technology for the conventional use of hearing aid. A middle ear implant is recommended for people suffering from earmould allergies, skin problems, ear
Global Heart Implants Market
The Heart Implants Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. In a growing cardiac implants market where profits and growth prospects run together, many companies are vying to plunge into this untapped market. Heart implants are end-stage operations, where a failing