Press release
3D Printing Medical Devices Market Size 2021, share, Industry Growing Rapidly with Recent Demand, Trends, Development, Revenue and Forecast to 2028
The 3D printing medical devices market is projected to reach US$ 6,583.50 million by 2028 from US$ 2,123.11 million in 2021; it is estimated to grow at a CAGR of 17.5% from 2021 to 2028.3D printing, also known as additive manufacturing, is a technique for creating three-dimensional objects by layering raw materials together. It involves the use of a digital model or a computer-aided design (CAD) file, which guides the printer to deposit material in successive layers until the desired shape is achieved. The process of 3D printing allows for the creation of objects with very complex internal structures, which would be difficult or impossible to produce using traditional manufacturing techniques.
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The List of Companies - 3D Printing Medical Devices Market
• 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
• CELLINK
Market Segmentation
The 3D printing medical devices market is segmented based on component, technology, application, end user, and geography. Based on component, the 3D printing medical devices market is bifurcated into Software and Services, Equipment {3D Printers, 3D Bioprinters}, Materials {plastics material, metal and metal alloys, bioprinting biomaterial, wax material, and others}. Based on technology, the 3D printing medical devices market is segmented into laser beam melting {direct metal laser sintering, selective laser sintering, selective laser melting, LaserCusing}, Photopolymerization {Stereolithography, Others}, droplet deposition/extrusion-based technologies {fused deposition modelling, multiphase solidification, low temperature deposition manufacturing}, Electron Beam Melting.
Based on application, the 3D printing medical devices market is segmented into custom prosthetics and implants {craniomaxillofacial implants, custom dental prosthetics and implants, custom orthopedic implants}, surgical guides {dental orthopedic, craniomaxillofacial, spinal guides}, tissue engineering products {bone and cartilage scaffolds, ligament and tendons scaffolds}, surgical instruments {surgical fasteners, scalpels, retractors}, Hearing Aids, Wearable Medical Devices, Standard Prosthetics and Implants. Based on end user, the 3D printing medical devices market is bifurcated into hospitals and surgical centers, dental and orthopedic centers, medical device companies, pharmaceutical and biotechnology companies, academic and research institutes, and others.
Geographically, the 3D printing medical devices market is segmented into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), the Middle East & Africa (UAE, Saudi Arabia, Africa, and Rest of Middle East & Africa), and South and Central America (Brazil, Argentina, and Rest of South and Central America).
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The flexibility of 3D printing also allows designers to make changes easily without setting any additional equipment or tools. This makes the technique ideal for rapid prototyping, as designers can quickly produce a working prototype and make changes as needed without incurring significant costs. In the field of medicine, 3D printing is becoming increasingly popular due to its ability to create patient-specific devices, such as prosthetics, implants, and surgical guides. This personalized approach to treatment can result in better outcomes for patients, as devices can be tailored to their individual needs. Furthermore, 3D printing technology can assist in the creation of complex structures that would be difficult or impossible to produce using traditional manufacturing methods. This is particularly useful in the production of medical devices, where intricate and delicate structures are often required.
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TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global 3D Printing Medical Devices Market - By Component
1.3.2 Global 3D Printing Medical Devices Market - By Technology
1.3.3 Global 3D Printing Medical Devices Market - By Application
1.3.4 Global 3D Printing Medical Devices Market - By End-User
1.3.5 Global 3D Printing Medical Devices Market - By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. 3D Printing Medical Devices Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East And Africa PEST Analysis
4.2.5 South And Central America PEST Analysis
4.3 Experts Opinion
5. 3D Printing Medical Devices Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 High Occurrence of Dental and Orthopedic Diseases
5.1.2 Increasing Applications of 3D Printing in Healthcare Sector
5.2 Market Restraints
5.2.1 Stringent Regulatory Process of Approval of 3D-Printed Medical Devices
5.3 Market Opportunities
5.3.1 Rising Adoption for Organ Transplants
5.4 Future Trends
5.4.1 Development of Personalized Medical Products Using 3D Printing
5.5 Impact Analysis
6. 3D Printing Medical Devices Market- Global Analysis
6.1 Global 3D Printing Medical Devices Market Revenue Forecast and Analysis
6.2 Global 3D Printing Medical Devices Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Global 3D Printing Medical Devices Market Revenue and Forecasts To 2028- by Component
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