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3D Printing Medical Devices 2022 Market, Top Companies Purpose till 2028

10-25-2022 02:05 PM CET | Health & Medicine

Press release from: The Insight Partners

3D Printing Medical Devices Market

3D Printing Medical Devices Market

This is a professional and in-depth study on the current state of the 3D Printing Medical Devices Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. 3D Printing Medical Devices Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

3D printing is used to create patient-specific replicas of bones, organs, and blood vessels, as well as innovative surgical cutting and drill guides, and prosthetics. 3D printing developments in healthcare have resulted in light, strong, and safe products, as well as reduced lead times and costs. Custom parts can be made to fit the needs of an individual.

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Based on component, the 3D printing medical devices market is segmented into software and services, equipment, and materials. The materials segment held the largest share of the market in 2022. However, the software and services segment is anticipated to register the highest CAGR of 23.1% in the market during the forecast period. According to the Small and Medium Enterprises (SME) report, materials for 3D printing of medical applications are evolving over the years. Manufacturers are continually learning about interactions between materials and the 3D printer, biocompatibility, validation processes, and creating standards for raw material suppliers.

Leading Players are:

EOS GmbH Electro Optical Systems; Renishaw PLC; Stratasys Ltd.; 3D Systems, Inc.; EnvisionTech, Inc.; Concept Laser Gmbh (General Electric); 3T RPD Ltd.; Proadways Group; SLM Solution Group AG; and Cellink are a few leading companies operating in the 3D printing medical devices market.

Covid-19 Outbreaks:

As a result of the COVID-19 pandemic, the sell and implementation of 3D printing medical devices decreased in March 2020. Also, during the second quarter of 2020, hospitals focused primarily on the COVID-19 epidemic. The epidemic has resulted in a huge surge in demand for ventilators. Manufacturing facility closures due to lockdowns and interrupted supply chains had a minor impact on the geographical growth of the 3D printing medical devices market in 2020. Established vendors, such as Stratasys Ltd, backed up the increasing demand and helped to alleviate the crucial shortages of nasopharyngeal swabs and face shields. Field-ready, individually packaged, and sterile 3D-printed nasopharyngeal swabs and face shields were produced by the company.

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Contact us:

If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About The Insight Partners:

The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Manufacturing and Construction, Technology, Chemicals and Materials.
We offer our clients multiple ways to customize research as per their specific needs and budget.

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