openPR Logo
Press release

Global 3D Printing in Medical Applications Market to be Driven by Rising Funding by Government and Private Bodies

08-12-2016 12:29 PM CET | Health & Medicine

Press release from: TMR - MD

Advances in 3D printing have revolutionized several industries by making manufacturing of several products possible in a non-conventional, economic, and faster manner. From making bioprinting of blood vessels, tissues and organs possible to being able to produce economical and easily customizable prosthetics and implants, to developing anatomical models for research purposes, 3D printing in medical applications has come a long way since its inception over a decade ago.

Get Free Sample Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1522

A market research report recently published by Transparency Market Research examining the global 3D printing for medical applications market projects that the demand for 3D printing will rapidly expand and will lead to a significant transformation of the healthcare industry in the near future. The report projects that the market will exhibit an exponential 15.40% CAGR over the period between 2013 and 2019. As such, the market will rise from a valuation of US$354.5 mn in 2012 to US$965.5 mn by 2019.

Rising Focus of Government and Private Organizations to Boost Market Growth

Some of the major factors driving the global 3D printing in medical applications market are the rising array of application areas, technological advances, which are widening the scope of medical applications of 3D printing, the rising availability of funds from government and private bodies aimed at research and development of novel 3D printed products, and the rising usage of customized 3D printed medical products. One of the most lucrative opportunities for companies operating in the 3D printing market for medical applications is the acquisition of software companies prominent in the field of 3D designing.

However, the market is projected to be constricted to a certain extent in the next few years owing to the lack of trained professionals and issues concerning with the characterization, development, and clinical approval of materials used for 3D printing in medical applications.

Some of the most crucial applications of 3D printing in the medical field in the present times are surgical guides, implants, bioengineering, and surgical instruments. 3D-printed surgical guides and implants are gaining huge popularity in the craniomaxillofacial, dental, and orthopedic fields. The most popular raw materials used for 3D printing currently include a variety of ceramics, metals, polymers, and biological cells.

Europe to Lead Global Market owing to Favorable Medical Reimbursement Scenario

From a geographical viewpoint, the 3D printing in medical applications market is currently dominated by North America. However, the 3D printing in medical applications market in Europe is expected to expand at the fastest pace over the near future, majorly owing to the conducive economic conditions in most countries in the region, favorable medical reimbursement policies, mergers and acquisitions aimed at technological advancements, and a substantial rise in government funding.

Browse Full Research Report: http://www.transparencymarketresearch.com/3d-Printing-medical-applications.html

Owing to the relatively recent emergence of the global 3D printing in medical applications market, there are only a few vendors in the market presently, while many new companies are entering the marketplace at a steady pace through innovation in products and technologies. Some of the most prominent vendors in the market in present times are EnvisionTEC GmbH, Voxeljet Technology GmbH, 3D Systems Corporation, Nanoscribe GmbH, Stratasys Ltd., Materialise NV, and Eos GmbH Electro Optical Systems.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global 3D Printing in Medical Applications Market to be Driven by Rising Funding by Government and Private Bodies here

News-ID: 356042 • Views:

More Releases from TMR - MD

Technological Advancements in Endoscopic Procedures have Resulted in Several Imp …
Medical videoscopes help to enhance the visualization system during various surgeries enabling health care experts to closely observe body cavities and organs. Videoscopes contain specific software that creates dynamic 3D images from the output of computed tomography (CT), magnetic resonance imaging (MRI) and other scanners. The images are thereby used by health care professionals to improve the diagnosis of serious medical conditions. Medical videoscopes are usually 10 mm or lesser
Dental Pain Market is teeming with opportunities for established players as well as new entrants
Dental Pain Market is teeming with opportunities for established players as well …
A new research study by Transparency Market Research (TMR) provides a comprehensive assessment of the global dental pain market. The report, titled “Dental Pain Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” is available for sale on TMR’s website. According to the research report, the global dental pain market is teeming with opportunities for established players as well as new entrants. The market also provides
Febrile Neutropenia Market: Majorly driven by the efforts of key players to deve …
Febrile neutropenia is defined as the development of fever with sign of infection. Febrile neutropenia is one of the most severe complications during cancer chemotherapy and is mainly caused by infectious agents like gram positive and gram negative bacteria. This diseased condition significantly reduces white blood cell count of the patients. Blood test is helpful to determine the number of white blood cells and to diagnose febrile neutropenia disease. Additionally,
Glenoid Implant System Market: Strategies of key players and products offered
Glenoid implants are mainly used for hemiarthroplasty. Hemiarthroplasty involves replacing just the joint surface of the humeral head with a cap-like prosthesis without a stem. In shoulder replacement surgery, the damaged parts of the shoulder are removed and replaced with artificial components, called a prosthesis. The treatment options are either replacement of just the head of the humerus bone (ball), or replacement of both the ball and the socket called

All 5 Releases


More Releases for Transparency

transparency market research
The global Custom Antibody Market market is estimated to attain a valuation of US$1 Billion by the end of 2033, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 0.085% during the forecast period, 2023 to 2033. The key objective of the TMR report is to offer a complete assessment of the global market including major leading
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when
eDataCenterAnalyzer Increases Transparency in Data Centers
30 June 2016. Walldorf, Germany. – fluid Operations™ AG (fluidOps), a leader in semantic technologies, today launched eDataCenterAnalyzer™, an app that increases transparency in data centers. With the launch of this app and new releases of its Smart Data Platform Information Workbench™ and cloud management app eCloudManager™, the company has set the cornerstone for the future development of its product portfolio. eDataCenterAnalyzer combines the full functionality of Information Workbench with innovative
Transparency across the entire process chain
Leitner Spedition implements best4log-x • Austrian trucking company uses arvato Systems solution • End-to-end process management provides higher efficiency (arvato Systems) Gütersloh / Unterpremstätten – Since the beginning of 2015, the Austrian trucking company Leitner Spedition has been working with the best4log-x transport management system. This SAP-based solution from arvato Systems provides an integrated digital information flow and supports mid-sized companies in achieving a transparent process design. Controlling and Reporting have seen a