openPR Logo
Press release

3D Printing in Medical Applications Market Is Driven by Technological Advances

02-05-2018 03:28 PM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
3D Printing in Medical Applications Market Is Driven

The 3D printing technology has revolutionized several industries by enabling non-conventional, faster, and economic manufacturing of a variety of products possible. The potential uses of this technology are being uncovered at a rapid pace across the medical industry and many revolutionary medical applications of 3D printing are expected to be uncovered in the next few years. Transparency Market Research states that the global 3D printing for medical applications market will exhibit growth at a promising pace and will enable significant transformations in the field of healthcare in the near future. The market is expected to rise to a valuation of US$965.5 mn by 2019.

Get Brochure of Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1522

On the basis of key applications, the market for 3D printing in the medical field has been segmented in the report into implants, surgical instruments, bioengineering, and surgical guides. Of these, the segment of implants accounted for the dominant share in the global market, valuing at nearly US$337.3 mn in 2015. The segment is expected to exhibit growth at a significant pace over the report’s forecast period and continue to be the dominant contributor to the global 3D printing in medical applications market over the forecast period as well. The report states that the segment of implants will have an opportunity of US$632.7 mn by 2019, accounting for over half of the overall valuation of the global market by the said year.

The immense growth prospects of the 3D printing technology across the implants application can be attributed to the increased demand for implants for a variety of orthopedic, dental, and cranio-maxillofacial disorders. The sub-segment of dental implants will account for the dominant share of revenue contributed by the segment of implants to the 3D printing for medical applications market over the forecast period.

Get Discount on Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=1522

Geographically, the report examines the market for 3D printing in medical applications across regions such as North America, Europe, and Asia Pacific. Of these, the market is presently dominated by North America. The region dominates the market owing to the presence of some of the key players in the 3D printing technology in the U.S. The U.S. accounts for a significant share in the global 3D printing in medical applications market and is expected to remain the hub for future developments in the field as well. Thus, the North America 3D printing in medical applications market is expected to retain its command on the global market throughout the report’s forecast period. However, the market in Europe is expected to outpace North America owing to the rising number of 3D printing companies in the region.

Despite being a slow-growth region for several industries owing to recent economic upheavals across several countries in the past few years, the technologically advanced companies in Europe have been focusing hard on technological innovations such as 3D printing. The Europe market for 3D printing in medical applications is expected to be led by Germany, which is expected to outpace Japan in terms of growth rate in the next few years. The market is also expected to gain significant traction in Europe in the next few years owing to the favorable medical reimbursement policies and a substantial rise in funding from government bodies aimed at technological advancements.

Currently, North America holds supremacy in the global red biotechnology market followed by Europe. North America typically is a pioneer in the introduction of new products and is an early adopter of integration of advanced sciences for public welfare. Europe also exhibits strong hold in the global red biotechnology market. Emerging economies in Asia Pacific, Latin America, and the Middle East and Africa are anticipated to emerge as lucrative markets for red biotechnology in the upcoming years, owing to the need for affordable treatment for several diseases and rising healthcare expenditure in these regions.

Report Details at https://www.transparencymarketresearch.com/3d-Printing-medical-applications.html

Despite the budding stage of the global 3D printing market, companies manufacturing products for medical applications by incorporating the 3D printing technology have significantly increased in number in the recent past. Many new companies are venturing into the market at a rapid pace and are expected to enrich the market through advanced and innovative products in the near future.

Some of the key companies operating in the global 3D printing for medical applications market are Nanoscribe GmbH, 3D Systems Corporation, EnvisionTEC GmbH, Voxeljet Technology GmbH, Stratasys Ltd., and Materialise NV.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends 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. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: 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 3D Printing in Medical Applications Market Is Driven by Technological Advances here

News-ID: 931710 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for America

Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on