3D printing medical device involves the process of developing three dimensional solid objects from a digital model. In the domain of healthcare, this technology is primarily incorporated in developing medical devices which include dental implants, hearing aids & others. The global 3D printing medical devices market was valued at $0.88 billion in 2017 and expected to reach $3.20 billion by 2025 with a CAGR of 17.51% during the forecast period from 2019-2025. The factors like growing applications of 3D printing in the healthcare industry and easy development of customised medical products using 3D printing are driving the market growth. The factors like lack of trained professionals, process control and understanding, socio-ethical concerns related to the use of 3D-printed products are hampering the market growth. Growing demand for an organ transplant and expiry of key patents in the 3D printing industry is creating opportunities for market growth.
Research Study Objectives:
- Define, estimate, and forecast the 3D Printing Medical Devices market statistics by type, component, technology and regions concerning the individual growth drivers, market trends and their contribution toward the 3D Printing Medical Devices market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the 3D Printing Medical Devices Market Analysis report.
- Analysis and conclusions on the future 3D Printing Medical Devices market outlook.
Top-down and bottom-up approaches are used to validate the 3D Printing Medical Devices Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations
and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The 3D Printing Medical Devices Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the 3D Printing Medical Devices market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The 3D Printing Medical Devices market segmentation is as follows:
By Type
- Prosthetics and Implants
- Custom Implants
- Custom Craniomaxillofacial Implants
- Custom Orthopedic Implants
- Custom Dental Implants
- Standard Implants
- Surgical Guides
- Craniomaxillofacial Guides
- Orthopedic Guides
- Dental Guides
- Tissue Engineering Products
- Ligament and Tendon Scaffolds
- Bone and Cartilage Scaffolds
- Surgical Instruments
- Scalpels
- Retractors
- Surgical Fasteners
By Component
- Materials
- Bioprinting Biomaterials
- Metal and Metal Alloy Powders
- Plastics
- Photopolymers
- Thermoplastics
- Others
- Services & Software
- Equipment
- 3D Bio-printers
- 3D Printers
By Technology
- Electron Beam Melting
- Three-Dimensional Printing/ Adhesion Bonding/ Binder Jetting
- Laser Beam Melting
- Selective Laser Melting
- Direct Metal Laser Sintering
- Laser cusing
- Selective Laser Melting
- Droplet Deposition/ Extrusion-Based Technologies
- Low-Temperature Deposition Manufacturing
- Multiphase Jet Solidification
- Fused Deposition Modeling
- Photopolymerization
- Poly jet 3D Printing Technology
- Two-Photon Polymerization
- Stereo lithography
- Digital Light Processing
- Continuous Liquid Interface Production
Geographical Analysis:
3D Printing Medical Devices Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies.
APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the 3D Printing Medical Devices Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global 3D Printing Medical Devices Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant 3D Printing Medical Devices market players, such as
- 3T RPD Ltd.
- Concept Laser GmbH
- Prodways Group
- Carbon, Inc.
- SLM Solutions Group AG
- Along with these companies, many other companies are considered in the report while analysing the Global 3D Printing Medical Devices competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.