3D printing functions an essential part of the medical and dental manufacturing sector and is the preferred choice of medical device manufacturers, for its cost-effective production of all types of medical devices such as the custom made knee, hearing aids, hip implants, and prostheses.
Global 3D printing medical devices market is anticipated to grow due to influential factors such as the increase in investment by the growing use of 3D printing device in the healthcare industry the governments towards the healthcare sector, rising technological advancements in 3D printing, and easy production of medical devices.
According to a report issued by Market Research Future (MRFR), the global 3D printing medical devices market has been assessed to grow at a CAGR of 18% during the forecast period from 2018 to 2023.
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Key Players
Market Research Future (MRFR) recognizes the following companies as the key players in 3D Printing Medical Devices Market: There are plenty of large and small market players which operate in this market all over the globe.
Some of the key players in the global 3D printing medical devices market are 3D Systems Corporations, Stratasys Ltd., SLM Solutions Group AG, EnvisionTEC, Arcam AB, Organovo Holdings, Inc., Oxford Performance Materials, Inc., Materialise NV, Bio3D Technologies, Cyfuse Medical K.K.EOS GmbHConcept, Laser GmbH, Renishaw plc, Prodways Group, 3T RPD Ltd.
Segments
The global 3D printing medical devices market has been segmented into types, component, technology, application and end-users.
On basis of types, the global 3D printing medical device market is segment into surgical guides, surgical instruments, prosthetics & implants and tissue engineering product. Surgical guide is expected to hold the largest share of 3D printing medical device market in forecast period. 3D printing surgical guide is a part of surgical planning and it provides accurate implant restoration. Hence the demand for surgical guide is increasing and this is key factor driving the growth of this market segment.
Based on component, the global 3D printing medical device market is segment into system, materials software & services, 3D bio printer and 3D printer. Software & services is expected to account for the largest share of 3D printing medical device market in forecast period. Increasing development in software solutions to manufacture high-quality 3D-printed medical products is the key factor driving the growth of the services and software segment.
On basis of technology, the global 3D printing medical device market is segmented into 3D printing, droplet deposition, photopolymerization, laser beam melting, electron beam melting (EBM), laminated object manufacturing (LOM), polyjet technology and others. Photopolymerization is expected to account for the largest share of 3D printing medical device market.
Based on application, the global 3D printing medical device market is segmented into external wearable devices, clinical study devices, implants and tissue engineering. The external wearable devices segment account for the largest share of 3D printing medical device market in forecast period.
Based on end-users, the global 3D printing medical device market is segmented into hospitals, medical and surgical centers, pharma and biotech companies, academic institutions and contract research organization. The medical and surgical centers segment account for the largest share of 3D printing medical device market due to rapidly increasing patient population and reduction in operative and infection risks
Regional Analysis
North America has been expected to dominate the global 3D printing medical device market over the forecast period, due to the growth in the demand for organ transplant surgeries in the region, and the increase in investments made by the government towards the research and development of advanced 3D printing technologies.
Europe is the second-largest regional market for 3D printing medical devices, owing to favorable government investments, rise in research and development. Additionally, the changing lifestyles of consumers have led to an increase in patient population and number of surgeries, consequently contributing to the growth of the 3D printing medical device market in the region.
Asia-Pacific has been assessed to grow as the fastest-growing region in the 3D printing device market through the forecast period, due to the growing prevalence of chronic diseases such as diabetes, blood pressure disorders among others, the increasing investments in the healthcare sector by the government, and increase in the geriatric population.
The Middle East & Africa region has been accounted for the comparatively smallest market share in the global 3D printing medical devices market owing to a healthcare sector that needs improvement, lack of medical knowledge, and inadequate medical facilities.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
LIST OF TABLES
Table 1 Global 3D Printing Medical Devices Market Synopsis, 2018–2023
Table 2 Global 3D Printing Medical Devices Market Estimates And Forecast, 2018–2023 (USD Million)
Table 3 Global 3D Printing Medical Devices Market, By Region, 2018–2023 (USD Million)
Table 4 Global 3D Printing Medical Devices Market, By Types, 2018–2023 (USD Million)
Table 5 Global 3D Printing Medical Devices Market, By Components , 2018–2023 (USD Million)
Table 6 Global 3D Printing Medical Devices Market, By Technology, 2018–2023 (USD Million)
Table 7 Global 3D Printing Medical Devices Market, By Application, 2018–2023 (USD Million)
Continued…
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation For Global 3D Printing Medical Devices Market
Figure 3 Segmentation Market Dynamics For Global 3D Printing Medical Devices Market
Figure 4 Global 3D Printing Medical Devices Market Share, By Types, 2018
Figure 5 Global 3D Printing Medical Devices Market Share, By Components , 2018
Figure 6 Global 3D Printing Medical Devices Market Share, By Technology , 2018
Continued…
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