Press release
Flexible 3D Printing Medical Devices Sales For Application In External Wearable Devices Will Exhibit A Relatively Lower CAGR Through 2022
Global Flexible 3D Printing Medical Devices market to register a staggering CAGR of 14.4% expansion throughout the forecast period 2017 to 2022. Sales of Flexible 3D Printing Medical Devices are poised to account for revenues over US$ 1,700 Mn by 2022-end.3D-printing is a form of additive manufacturing. Medical devices built by utilising 3d-printing technology enable perfect match to patients’ anatomy. Flexible 3D Printing Medical Devices have extremely complex internal structures.
Flexibility of 3D printing enable medical device designers in easily making changes, eliminating the requirement of tools, or, setting up additional equipment. Some examples of Flexible 3D Printing Medical Devices are cranial and orthopedic implants, dental restorations, external prosthetics, and surgical instruments.
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Software & Services to be Sought-After among Products
Software & services are expected to be sought-after among products in the market, accounting for over one-third revenue share of the market during 2017 to 2022. However, sales of 3D printing materials will register the fastest expansion through 2022. Hospitals are expected to be the most attractive end-users of Flexible Flexible 3D Printing Medical Devices, with sales expected to surpass US$ 1,000 Mn in revenues by 2022-end. Revenues from sales of Flexible Flexible 3D Printing Medical Devices in hospitals will account for more than half share of the market during the forecast period.
In terms of revenues, implants are anticipated to remain the largest application of Flexible Flexible 3D Printing Medical Devices, followed by tissue engineering. Flexible Flexible 3D Printing Medical Devices sales for application in external wearable devices will exhibit a relatively lower CAGR through 2022. Photo polymerization will remain the most lucrative technology for Flexible Flexible 3D Printing Medical Devices, followed by laser beam melting. In addition, three-dimensional printing technology, and electron beam melting technology are expected to register a parallel expansion through 2022.
Competition Tracking
Key market players profiled in the report include
• Biomedical Modeling Inc.
• Carbon Inc.
• General Electric Company
• EnvisionTEC GmbH
• Materialise NV
• Organovo Holdings Inc.
• Groupe Gorgé SA
• Renishaw plc
• SLM Solutions Group AG
• Stratasys Ltd.
• Cyfuse Biomedical K.K.
Market Taxonomy
Product Type
• 3D Printers
• 3D Bio-Printers
• Materials
• Software & Services
End User
• Hospitals
• Academic Institutes
• Contract Research Organizations
• Pharma and Biotech Companies
Application
• Implants
• Tissue Engineering
• External Wearable Devices
Technology
• Laser Beam Melting
• Photo polymerization
• Three-Dimensional Printing
• Electron Beam Melting
• Droplet Deposition
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6 Key Estimations for Future of Flexible Flexible 3D Printing Medical Devices market
• Followed by tissue engineering, implants will continue to be the most lucrative application of the 3D-printing medical devices, in terms of revenues. Sale of 3D-printing medical devices for application in building external wearable devices is estimated to exhibit a comparatively lower CAGR through 2022.
• Software & services are anticipated to remain preferred among products in the global market. Revenues from software & services are expected to account for more than one-third share of the market throughout the forecast period. In addition, sales of 3D-printing materials will exhibit the highest CAGR through 2022.
• Photo polymerization is projected to remain the largest adopted technology in the global market for 3D-printing medical devices, followed by the laser beam melting technology. In addition, sales of electron beam melting technology, and three-dimensional printing technology are expected to exhibit a similar CAGR through 2022.
• On the basis of end-users, hospitals will remain dominant in the market, with sales poised to exceed revenues worth US$ 1,000 Mn by 2022-end.
• Asia-Pacific excluding Japan (APEJ) will emerge as the fastest expanding market for 3D-printing medical devices during the forecast period. In terms of revenues, North America is expected to be the most lucrative region for growth of the market.
• The report profiles key players operating in the market, which include Cyfuse Biomedical K.K., Stratasys Ltd., SLM Solutions Group AG, Renishaw plc, Groupe Gorgé SA, Organovo Holdings, Inc., Materialise NV, EnvisionTEC GmbH, General Electric Company, Carbon, Inc., Biomedical Modeling Inc., and 3D Systems Corporation.
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Report Benefits & Key Questions Answered
• Flexible Flexible Flexible 3D Printing Medical Devices Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
• Flexible Flexible Flexible 3D Printing Medical Devices Historical volume analysis: The report provides a comparison of Flexible Flexible Flexible 3D Printing Medical Devices’s historical sales and projected sales performance for 2021-2031.
• Flexible Flexible Flexible 3D Printing Medical Devices Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Flexible Flexible Flexible 3D Printing Medical Devices market. It carefully gauges the impact of changing healthcare needs of key demographics globally
• Flexible Flexible Flexible 3D Printing Medical Devices Consumption by demographics: The report investigates consumer behavior affecting Flexible Flexible Flexible 3D Printing Medical Devices demand outlook for the assessment period. Effect of their keenness for digital trends on Flexible Flexible Flexible 3D Printing Medical Devices market is carefully analyzed
• Post COVID consumer spending on Flexible Flexible Flexible 3D Printing Medical Devices: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Flexible Flexible Flexible 3D Printing Medical Devices market growth.
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