Press release
3D Printing in Medical Applications Market to Reach US$ 2.76 Billion by 2028, Rising at a CAGR of 15.5%: TMR Report
The global market for ๐๐ ๐ฉ๐ซ๐ข๐ง๐ญ๐ข๐ง๐ ๐ข๐ง ๐ฆ๐๐๐ข๐๐๐ฅ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ exhibited robust growth, valued at US$ 893.9 million in 2020 and projected to grow at a remarkable CAGR of 15.5% from 2021 to 2028, surpassing a value of US$ 2.76 billion by the end of 2028.Amid the COVID-19 pandemic, disruptions in medical equipment supply have prompted companies in this sector to leverage 3D printing technology to provide essential respiratory support apparatus to hospitals. Despite facing technical and regulatory hurdles, med-tech firms are urged to intensify research and development efforts to overcome these challenges while also enhancing focus on pharmaceutical formulations. The agility of 3D printing technology allows for rapid iteration of complex designs, significantly shortening prototype lead-times. Furthermore, the adoption of in-house 3D printing is revolutionizing the customization of patient-specific insoles and orthoses, showcasing its versatility and potential in the medical field.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1522&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR
๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐:
Nanoscribe GmbH,3D Systems Corporation,EnvisionTEC GmbH,Voxeljet Technology GmbH,Stratasys Ltd.,Materialise NV, among others
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
By Application
Surgical Guides
Orthopedic
Dental
Cranio-maxillofacial
Implants
Orthopedic
Dental
Cranio-maxillofacial
Surgical Instruments
Bioengineering
By Technology
Electron Beam Melting (EBM)
Laser Beam Melting (LBM)
Photopolymerization
Stereolithography
Two-Photon Polymerization
Digital Light Processing
Droplet Deposition Manufacturing
Inkjet Printing
Fused Deposition Modeling
Multiphase Jet Solidification
By Raw Material
Metals
Polymers
Ceramics
Biological Cells
๐๐๐ญ ๐๐ก๐ข๐ฌ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=1522<ype=S&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In Octoberย 2021, Houston-based Volumetric, Inc., a startup specializing inย 3D bioprintingย of replacement organs and tissue, was acquired by South Carolina-based 3D Systems Corp. The transaction, which involves around half stock and half cash payments, is valued at US$ 400 Mn.
In Aprilย 2018, EnvisionTEC, a leading global manufacturer of desktop and full-production 3D printers and materials, announced two new medical-grade materials that make printing parts for implantation in humans safe and easy. The company's two new ready-to-print medical grade (MG) materials - a liquid silicone rubber and a biodegradable PCL polyester โ are manufactured with the main purity and can be fixed in humans after 3D printing on the company's 3D-Bioplotter series printers.
In Octoberย 2021, Stratasys entered into a partnership with France-based med-tech startup Bone 3D that will see healthcare institutions in France gain direct access to Stratasys 3D printing equipment
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Key trends shaping the market include the integration of artificial intelligence and machine learning in 3D printing processes, the emergence of 4D printing for dynamic medical implants, and the convergence of 3D printing with biotechnology for organ printing. Additionally, advancements in materials science and additive manufacturing techniques drive innovation in the development of biocompatible materials and complex medical structures.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future outlook for the 3D printing in medical applications market is promising, with ongoing research and development efforts focused on addressing existing challenges and expanding the scope of applications. Continued collaborations between academia, industry, and regulatory bodies are expected to drive innovation and facilitate the adoption of 3D printing technology in mainstream healthcare.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Key areas for further study include the impact of 3D printing on healthcare accessibility and affordability, the scalability of 3D printing technologies for mass production, and the long-term clinical outcomes of 3D-printed medical devices and implants.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐๐ฆ๐ฉ๐จ๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/05/19/2672545/0/en/Global-Sales-of-Tampons-is-Expected-to-Accelerate-at-a-Whopping-5-2-CAGR-Reaching-US-8-1-Billion-by-2031-observes-TMR-Study.html
๐๐ก๐ข๐ฅ๐ฅ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/05/19/2672484/0/en/Chillers-Market-to-Reach-US-7-1-Billion-in-2031-Expanding-at-a-CAGR-of-4-7-Exclusive-Report-by-Transparency-Market-Research.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
๐๐จ๐ง๐ญ๐๐๐ญ:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel:ย +1-518-618-1030
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