The global 3D printing medical devices market is expected to
New York, July 21, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Release of “3D Printing Medical Devices Market Report: Trends, Forecasts and Competitive Analysis” – https://www.reportlinker.com / p06106148 /? utm_source = GNW
The future of the 3D printing medical device market looks bright with opportunities in medical and surgical, pharmaceutical and biotechnology centers and academic institutions. The global 3D printing medical devices market is expected to reach $ 4.5 billion by 2026 with a CAGR of 36% from 2020 to 2026. The main drivers of this market are technological advancements, increasing prevalence of osteoarthritis and increased public-private funding for 3D printing activities.
Emerging trends that have a direct impact on the dynamics of the 3D printing medical device industry include the use of human tissue in medical 3D printing and the introduction of titanium in the 3D printing of medical implants. .
The study includes trend and forecast for 3D printing medical devices market by technology, component, application, end use and region as follows:
By technology [Value ($ Million) from 2015 – 2026]:
• Laser beam fusion
• Electron beam fusion
• Droplet deposition
• Three-dimensional printing (3DP)
By component [Value ($ Million) from 2015 – 2026]:
• Software and services
By application [Value ($ Million) from 2020 and 2026]:
• Surgical guides
• Surgical instruments
• Prostheses and implants
• Tissue engineering products
By end use [Value ($ Million) from 2020 and 2026]:
• Surgical centers
• Pharmaceuticals and biotechnology
• Academic institutions
By region [Value ($ Million) from 2015 – 2026]:
• North America
• United States
• Asia Pacific
• The rest of the world
Some of the 3D printing medical device companies featured in this report include 3D Systems Corporation, Stratasys, GE Healthcare, Materialize NV, and Renishaw.
The analyst predicts that the 3D printing market based on photopolymerization technology is expected to experience the highest growth during the forecast period owing to the widespread application of this technology in the medical industry, such as the manufacture of surgical guides (orthopedic and dental), prostheses and implants, porous scaffolds and dental restorations.
In the 3D printing technology market, equipment, materials, software, and services are the main types of components. The software and services market is expected to experience the strongest growth due to the advent of ongoing technological advancements in software solutions to produce high quality 3D printed medical products.
North America is expected to remain the largest market during the forecast period, mainly due to the rapid adoption of this technology, established medical infrastructure, and ongoing R&D activities. APAC is expected to experience the highest growth during the forecast period owing to the establishment of new 3D printing research, training and education centers, and the increasing efforts of major market players to expand their networks. distribution in emerging Asian countries.
Characteristics of the 3D printing medical devices market
• Market Size Estimates: Estimate of the size of the 3D printing medical devices market in terms of value ($ M).
• Trend and forecast analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
• Segmentation analysis: Market size of 3D printing medical devices by various segments, such as technology, components, applications and end use.
• Regional analysis: 3D printing medical device market split in North America, Europe, Asia-Pacific and the rest of the world.
• Growth opportunities: Analysis of growth opportunities across different technologies, components, applications, end uses, and regions for the 3D Printing Medical Devices market.
• Strategic analysis: this includes mergers and acquisitions and the competitive landscape for the 3D printing medical device.
• Analysis of the competitive intensity of the industry based on Porter’s five forces model.
This report answers the following 11 key questions
Q.1 What are some of the most promising and high-growth opportunities for the 3D printing medical devices market by technology (laser beam fusion, photopolymerization, electron beam fusion, droplet deposition and three-dimensional printing (3DP )), component (equipment, materials (plastic, ceramic and metal), software and services and others), application (surgical guides, surgical instruments, prostheses and implants, tissue engineering products and others), end use (medical centers and surgical, pharmaceutical and biotechnology and academic institutions) and region (North America, Europe, Asia-Pacific and rest of the world)?
Q.2 Which segments will grow faster and why?
Q.3 Which regions will experience faster growth and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the 3D printing medical devices market?
Q.5 What are the business risks and threats for the 3D printing medical devices market?
Q.6 What are the emerging trends in this 3D printing medical devices market and the reasons behind them?
Q.7 What are the changing customer demands in the 3D printing medical devices market?
Q.8 What are the new developments in the 3D printing medical devices market? Which companies are leading these developments?
Q.9 Who are the major players in the 3D printing medical devices market? What strategic initiatives are implemented by the key players for the growth of companies?
Q.10 What are some of the competitive products and processes in the 3D Printing Medical Devices market, and what threat do they pose for loss of market share through material or product substitution?
Q.11 What M&A activity has taken place in the past five years in the 3D printing medical devices market?
Read the full report: https://www.reportlinker.com/p06106148/?utm_source=GNW
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