A research study titled, “3D
Printing Medical Devices Market by Component, Technology, Application, and End User –
Global Industry Analysis and Forecast to 2025” published by Crystal Market
Research, states that the 3D printing medical devices market is projected to be
around $9.8 billion by 2025.
3D
printing can be used to make 3D printed models of patients’ organs to plan and
practice complex surgeries.It is relatively new and rapidly expanding field. It
finds numerous applications in different industries such as automotive,
defense, healthcare, and aerospace. The applications of 3D printing in
healthcare industry are booming. It offers several benefits such as the
customization of implants and prosthetics, rise in productivity,
andcost-effectiveness.Moreover, scientists have undertaken large number of
research activities to find out how 3D printers can be used to develop living
organs such as liver and heart. However, it is in very early stage of
development.
Powder
bed fusion (PBF) is the most common technology used for 3D printing medical
devices. PBF technology works with different materials (such as nylon and
titanium) that are used in medical devices.PBF builds a 3D product from plastic
or metal powder by pouring onto a platform.PBF adopts differentprinting
techniques such as electron beam melting (EBM), selective laser sintering
(SLS), and selective laser melting (SLM), direct metal laser sintering (DMLS),
and selective heat sintering (SHS).
Browse full research report with TOC on “3D Printing
Medical Devices Market By Component, Technology, Application, And End User -
Global Industry Analysis and Forecast To 2025” at:http://www.crystalmarketresearch.com/report/3d-printing-medical-devices-market
Selective
laser sintering (SLS) powder based 3D printing market accounted for the largest
shareof the 3D printing medical devices market in 2016, due to its ability to
produce highly durable parts; it doesn't require the support structures which
protects the design from falling during production.Orthopedic implants market
held the largest share of the overall market in 2016, as 3D printed medical
devices are largely adopted for orthopedic applications.Hospitals segment
dominated the global market in 2016, as large number of surgeries requiring 3D
printed medical devices are conducted in hospitals.
U.S.
held the largest share of the North American 3D printing medical devices market
in 2016. This can be attributed to factors such as high adoption of 3D printing
technology along with emphasis on research and development
initiatives.Likewise, Japan accounted for a majority of the Asia-Pacific market
for 3D printing medical devices, due to rising awareness about 3D printing
technology for medical devices and government initiatives to support
developments in 3D technology.
Request a sample copy of 3D Printing Medical Devices
Market Research Report @ http://www.crystalmarketresearch.com/report-sample/HC0620
Some
of the major companies in the global 3D printing medical devices market
areArcam AB, 3D Systems, Inc., Stratasys Ltd., Cyfuse Biomedical K.K., EOS GmbH
Electro Optical Systems, Organovo Holdings, SLM Solutions Group AG, FabRx Ltd.,
EnvisionTEC, and Bio3D Technologies.Technological advancement is the primary
strategy adopted by key players operating in the 3D printing medical devices
market. For instance, in May 2016, Stratasys, a 3D printing and additive
manufacturing solutions company launched the world’s first full-color, multi
material 3D printer, the J750. This system enables the customers to mix and
match full color gradients with a wide range of materials.
Key Findings of the Research Study:
·
Plastics segment accounted for more than
two-third share of the global market in 2016.
·
Polymers segment accounted for over one-third
share of the overall market in 2016, due to their primary use in bio-model
printing.
·
North America dominated the global 3D
printing medical devices market in 2016, holding over one-third share of the
market, owing to the presence of advanced healthcare infrastructure and highly
sophisticated research and development facilities.
·
Europe is anticipated to be the second
fastest growing 3D printing medical devices market registering a double digit
growth rate over the forecast period.
·
India and China are projected to witness
robust growth during the forecast period, due to high patient population and
increase in need for advanced health care services due to growing disposable
income.
3D
Printing Medical Devices Market Segmentation:
By Component:
- 3D Printing
Equipment
o
3D
Printers
o
3D
Bioprinters
- Materials
o
Plastics
§
Thermoplastics
§
Photopolymers
o
Biomaterial
inks
o
Others
§
Polymers
§
Ceramics
§
Hydrogels
§
Paper
§
Wax
§
Nylon
o
Metals
and Alloys
o
Services
and Software
By
Technology:
·
Droplet Deposition (DD)
o
Low-temperature
Deposition Manufacturing (LDM)
o
Multiphase Jet
Solidification (MJS)
o
Fused Deposition
Modelling (FDM)
·
Photopolymerization
o
Stereolithography
o
Digital Light Processing
o
Two-photon
Polymerization
·
Laser Beam Melting
Technology (LBM)
o
Selective Laser Melting
(SLM)
o
LaserCUSING
o
Direct Metal Laser Sintering
(DMLS)
o
Selective Laser
Sintering (SLS)
·
Electron Beam Melting
Technology (EBM)
·
Three-dimensional
Printing (3DP)
By
Application:
- Cranio-maxillofacial
Implants
- Orthopedic
Implants
- Dental
Implants
- Internal and
External Prostheses
By End User:
- Hospitals
- Ambulatory
Surgical Centers
- Diagnostic
Centers
- Academic
Institutions
- Biotech and
Pharma Companies
By
Region:
- North America
o
U.S
o
Canada
o
Mexico
- Europe
o
Germany
o
France
o
UK
o
Italy
o
Spain
o
Rest of
Europe
- Asia-Pacific
o
Japan
o
China
o
Australia
o
India
o
South Korea
o
Rest of Asia-Pacific
- Rest
of the World
o
Brazil
o
South Africa
o
Saudi Arabia
o
United Arab Emirates
o
Others
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About Crystal
Market Research
Crystal
Market Research is a U.S. based market research and business intelligence
company. Crystal offers one stop solution for market research, business
intelligence, and consulting services to help clients make more informed
decisions. It provides both syndicated as well as customized research studies
for its customers spread across the globe. The company offers market
intelligence reports across a broad range of industries including healthcare,
chemicals & materials, technology, automotive, and energy.
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