3D Printing Medical Devices Market – Opportunities & Forecast, 2020-2027

 

The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study.

Competitive Rivalry of the 3D Printing Medical Devices Market:

The leading players in the 3D printing medical devices market include Stratasys Ltd, Anatomics Pty Ltd. Envisiontec GmbH, EOS GMBH Electro Optical Systems, 3D Systems Corporation, Materialise NV, Arcam AB, Renishaw PLC, Concept Laser GmbH, Prodways Group, 3T RPD Ltd., SLM Solutions Group AG, Biomedical Modeling Inc., and Carbon, Inc., among others.

Drivers of the 3D Printing Medical Devices Market:

The global 3D printing medical devices market in the healthcare industry has witnessed strong growth during the forecast period. The growing investments in R&D by new entrants, technological advancements in 3D printing, and the increasing trend of customized 3D printing are certain factors fuelling the growth of the global 3D printing medical devices market. The usage of 3D printing technology in several applications such as ortho-implants, medical & dental implants, drugs, and other medical applications has further propelled the growth of the 3D printing medical devices market. Furthermore, the aim of industry players on the effective generation of standard and complicated customized medical implants and devices will boost market growth. Increasing awareness related to the availability of advanced solutions in the healthcare industry, along with the adoption of innovative technologies, will fuel the growth of the 3D printed medical devices & implants market. On the other hand, high cost regarding 3D printed devices and medical implants will hinder the business growth in the upcoming years.

Based on the region, Asia-Pacific is expected to grow at a higher CAGR due to the growing efforts by major players for enlarging their facilities and distribution networks across developing countries of the region. Moreover, many 3D printing research centers have been formed in several developing economies to consolidate advanced technology in the area of 3D printing.

Market Segmentation:

The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below:

Breakup by Technology:

·         Laser Beam Welding

·         Photopolymerization

·         Electron Beam Welding

·         Droplet Deposition or Extrusion Based Technologies

·         Three-Dimensional Printing or Adhesion Bonding

Breakup by Component:

·         Equipment

·         Materials

·         Services & Software

Breakup by Type:

·         Surgical Guides

·         Surgical Instruments

·         Prosthetics and Implants

·         Tissue Engineering Products

Breakup by Region:

·         North America

o   United States of America

o   Canada

 

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

 

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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