Europe 3D Printing Medical Devices Market is set for Rapid Growth and Demand by 2028: Exclusive Report by Business Market Insights

According to our latest study on "Europe 3D Printing Medical Devices Market Forecast to 2028 - COVID-19 Impact and Analysis - by Component, Technology, Application, and End-User," the market is projected to reach US$ 1,986.9 million by 2028 from US$ 642.6 million in 2021; it is expected to grow at a CAGR of 17.5% from 2021 to 2028. The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the rising incidences of cancer and increasing adoption of metabolomics and investments by market players. However, high cost of tools, instruments, and usage is expected to restrict the market growth during the forecast period.

The report segments the Europe 3D Printing Medical Devices Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways.

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Major key players covered in this Europe 3D Printing Medical Devices Market report:

EOS GmbH Electro Optical Systems, Renishaw PLC, Stratasys Ltd., 3D Systems, Inc., EnvisionTech, Inc., Concept Laser Gmbh (General Electric), Proadways Group, SLM Solution Group AG, 3T RPD Ltd., and CELLINK

The market for 3D printing medical devices market is segmented into component, technology, application, and end-user. Based on component, the Europe 3D printing medical devices market is segmented into software and services, equipment, and material. Based on technology, the 3D printing medical devices market is segmented into laser beam melting, photopolymerization, droplet deposition/extrusion-based technology, electron beam melting, and others. Based on application, the Europe 3D printing medical devices market is segmented into custom prosthetics and implants, surgical guides, tissue engineering products, surgical instruments, hearing aids, wearable medical devices, standard prosthetics and impants, and others. Based on end-user, the Europe 3D printing medical devices market is segmented into hospitals and surgical centers, dental and orthopedic centers, medical device companies, pharmaceutical and biotechnology companies, academic and research institutions, others. Geographically, the 3D printing medical devices market is segmented into Europe (Germany, UK, France, Spain, Italy, Rest of Europe).

Major highlights of the report:

All-inclusive evaluation of the parent market

Evolution of significant market aspects

Industry-wide investigation of market segments

Assessment of market value and volume in past, present, and forecast years

Evaluation of market share

Tactical approaches of market leaders

Lucrative strategies to help companies strengthen their position in the market

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Due to the coronavirus outbreak, the European Commission decided to push back the transition from MDD to MDR. This permits the medical device sector and Notified Bodies (NBs) to concentrate on the current issue and devote all of their resources to combatting the coronavirus. However, there has been no indication on whether the In Vitro Diagnostic Regulation (IVDR) 2017/246, which is set to take effect in May 2021 would be postponed. This adds to the strain on IVD makers, who must stay on track with the improvements required to move to IVDR. They must also deal with the increased demand for key diagnostic tests as well as the difficulty of kit manufacture and distribution during the pandemic. The European Commission has temporarily made the export of certain medical gadgets, such as personal protective equipment (PPE) and other similar protective gear, subject to authorization. Medical device companies that are contractually obligated to supply devices to nations outside of the EU may find this problematic. Norway, Lichtenstein, and Switzerland are exempt from this authorization.

Reason to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Europe 3D Printing Medical Devices Market.

Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.

The key findings and recommendations highlight crucial progressive industry trends in the Europe 3D Printing Medical Devices Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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