Press release
Coronavirus (Covid-19) Business Impact - New Research On 3D Printed Medical Prosthetics Market Industry: Future Of Investment Opportunities, Market Share and Trends To 2030
The Business Research Company offers "3D Printed Medical Prosthetics Market Global Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global 3D printed medical prosthetics market is expected decline from $0.07 billion in 2019 and to $0.64 billion in 2020 at a compound annual growth rate (CAGR) of -8.26%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $0.095 billion in 2023 at CAGR of 13.81%.
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The 3D printed medical prosthetics market consist of sales of 3D printed medical prosthetics devices and related services. 3D printing technology is used to create an artificial three dimensions physical object with the help of computer-aided design, and these prosthetics are intended to help patients with missing or defective body parts to restore normal functions.
The rising number of accidental injuries is driving the growth of the 3D printing prosthetic devices market. Accidental injuries can cause serious damage to a person, and these injuries can sometimes lead to amputation. In 2016, motor vehicle crashes in the US resulted in the death of 32,719 and injuries in over 2.3 million people. According to a report from National Centre for Health Statistics, in 2018, approximately 50,000 new amputation cases come up each year in the US. Increase in incidences of other medical conditions such as diabetes and vascular diseases is also leading to a rise in amputation cases, thus boosting the sales of 3D printing prosthetics. For instance, according to a report published in the American Journal of Managed Care, it was estimated that, globally, one patient leg is amputated in every 30 seconds and around 85% of these amputations were result of a diabetic foot ulcer.
3D Printed Medical Prosthetics Market Segmentation: -
By Material
Polypropylene
Polyethylene
Acrylics
Polyurethane
By Type
Sockets
Limbs
Joints
Covers
Others
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/3d-printed-medical-prosthetics-market-global-report-2020-30-covid-19-growth-and-change
Few Points From Table Of Content
1. Executive Summary
2. 3D Printed Medical Prosthetics Market Characteristics
3. 3D Printed Medical Prosthetics Market Size And Growth
4. 3D Printed Medical Prosthetics Market Segmentation
5. 3D Printed Medical Prosthetics Market Regional And Country Analysis
......
25. 3D Printed Medical Prosthetics Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The 3D Printed Medical Prosthetics Market
27. 3D Printed Medical Prosthetics Market Trends And Strategies
28. 3D Printed Medical Prosthetics Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the 3D Printed Medical Prosthetics Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the 3D Printed Medical Prosthetics Market are 3D Systems Corporation, Stratasys Ltd., EnvisionTEC, Bionicohand, YouBionic.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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