Medical Device 3D Printing Market Growth Prospects Forecast Report 2022

The Global Medical Device 3D Printing market is estimated at USD 870.0 Million in 2016 and is poised to reach USD 4,144.4 million by 2022, growing at a CAGR of 30.46%.

3-d printing is quite probable the subsequent greatest chapter within the business uprising, and the era is transferring swiftly. Three-D printing era has the capability to considerably remodel the way scientific gadgets are used to treat patients. It will impact fitness care in lots of approaches, together with implantable and non-implantable scientific gadgets, together with cost-powerful customizable devices.The Global Medical Device 3D Printing market is estimated at USD 870.0 Million in 2016 and is poised to reach USD 4,144.4 million by 2022, growing at a CAGR of 30.46%.

One of the important using forces for growth inside the clinical 3D printing enterprise is the rising demand for affected person-specific products in orthopedics and maxillofacial surgical procedure. In addition, the cutting-edge improvements in technologies, growing attention about the new trends, variety of materials that range from polymers to residing tissue, supportive rules and investment from government also are supporting in marketplace boom. Now, with the expenses of 3-D models coming down and additionally the supply of a wide variety of cloth options have expanded the adaptability of 3-d printing in healthcare quarter.

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The 3-d printing marketplace for healthcare applications is segmented on the idea of product type into Medical Implants, Prosthetics, Tissue Engineering, Surgical Guides, Surgical Instruments and Hearing & Audibility Aid devices. On the premise of Material used for manufacturing the marketplace is segmented under Plastics, Biomaterials, Metal & Metal alloys, Ceramics, Nylon and Wax. Plastics like acrylonitrile butadiene styrene (ABS), and polylactic acid (PLA) are observed to be in multiplied use in conjunction with nylon, which can be taken into consideration as handiest to work with. There is a faster increase expected inside the use of metals which has greater electricity and resistance for three-D printing

In addition, on the basis of generation the marketplace is segregated underneath various technology employed namely, Laser beam melting (LBM), Electron Beam Melting (EBM), Droplet Deposition, Wax deposition Modelling and Bio Printing.

Further, on the idea of geography the marketplace is segmented and analysed underneath areas particularly, North America, Europe, Asia-Pacific, Latin America & Middle-East and Africa. The maximum advanced international locations have the ability for boom in coming few years due to their technological improvements. Currently North America is the leading customer of 3D printing technology within the healthcare enterprise and money owed for almost forty% of the whole market proportion in 2015. Europe is the second one main marketplace for scientific three-D printing applications While the rising economies of Asia-Pacific vicinity offer considerable market and are continually a goal for destiny increase.

Some of the major companies operating in the 3D printing industry with significant presence in medical equipment domain are 3D Systems Corporation (U.S.), Stratasys Ltd., Renishaw plc (U.K.), EOS GmbH Electro Optical Systems (Germany), EnvisionTEC GmbH (Germany), Materialise NV (Belgium), Arcam AB (Sweden), 3T RPD, Ltd. (U.K.), Prodways(France) and Concept Laser GmbH (Germany).

Contact Details

Company Name: Market Data Forecast
Issued By: Abhishek Shukla
Phone: +1-888-702-9626
Address: Hyderabad
City: Hyderabad
State: Telangana
Zip: 500072
Country: India
Website: Visit the website

Keywords : Medical Device 3D Printing Market,

by Abhishek Shukla (few years ago!)

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