What are the factors which will promote growth of the 3D Printing Medical Devices market?

The 3D printing medical devices market is expected to grow at a CAGR of 17.3% during the forecast period, 2019–2026.

3D printing, also known as additive manufacturing, is the process of creating three-dimensional solid objects from digital files/designs. It enables the creation of complex functional shapes by cutting out or hollowing a piece of metal or plastic. In 3D printing, an object is created by laying several successive layers of materials till the object is created. Medical printing devices offer an array of benefits to users across the healthcare lifecycle. 3D printing facilitates improved treatment outcomes, procedural efficiency, and minimizes reintervention costs, offering potential benefits as a widespread care pathway for complicated injuries.

Medical and surgical centers are projected to drive the demand for 3D printing medical devices during the forecast period, 2019–2026. Additionally, the rapid adoption of technological advancements such as portable, multi-material, colored 3D printers, and others in the medical industry is also propelling the demand for 3D printed devices. Moreover, with novel applications in surgical implants and prosthetics, 3D printing technology is revolutionizing the medical field – offering medical practitioners an opportunity to develop customized and patient-specific implants.

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The Major Players Covered in this Report: 3D Systems Corporations, Bio3D Technologies, Cyfuse Medical K.K., EnvisionTEC, Arcam AB, Materialise NV, Organovo Holdings, Inc., Oxford Performance Materials, Inc., SLM Solutions Group AG, and Stratasys Ltd., & More...

By Component, Printers, Materials, Software and Services
By Technology, Electron Beam Melting, Selective Laser Melting, Selective Laser Sintering, Photopolymerization, Direct Metal Laser Sintering, Others
By Application, Orthopedic & Cranial Implant, Dental Restorations, Surgical Instruments, Tissue Fabrication, External Prosthesi

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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for 3D Printing Medical Devices in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global 3D Printing Medical Devices market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of 3D Printing Medical Devices and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of 3D Printing Medical Devices. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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The report covers exhaustive analysis on:
Overview of the parent market
Global 3D Printing Medical Devices Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global 3D Printing Medical Devices Market Forecast 2021 to 2029
Supply & Demand Value Chain
Global 3D Printing Medical Devices Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Technological advancements

Key questions answered in this report:
What will be the market size by the end of the forecast period?
What are the factors driving the growth of the market?
What are the trends and developments that are likely to drive the growth of the market?
Who are the key players operating in the market?
What are the challenges, threats, and opportunities faced by the leading players?
What are the strengths and weaknesses of the key players of the market?

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