Rise in incidences leading to Orthopaedic implants is expected to fuel growth of global 3D printed medical devices in next 10 years. 3D printed medical devices are devices that involve a computer-controlled process of developing three-dimensional solid objects by building layer by layer using digital model. This process is called 3D printing or Additive Manufacturing (AM) process. 3D printer starts printing from bottom of design and builds up successive layers of material until object is created. Objects can be almost anything, of any shape, geometry, or material. Advanced process with high degree of accuracy, efficient use of raw materials, ability to build customized products to offer patient specific treatment, and high competency techniques over traditional techniques are advantages of 3D printing in the healthcare industry. Technologies used to create 3D printed devices include stereolithography (SLA), selective layer sintering (SLS), digital light processing (DLP), fused deposition modelling (FDM), polyjet / inkjet 3D printing, and electronic beam melting (EBM). 3D printing technology is used to develop a wide variety of medical devices such as orthopedic implants, prosthetics, dental implants, and hearing aids, etc. Furthermore, 3D printing technology is also used by hospitals and academic institutes to develop models for training purposes. Major factors driving growth of the global 3D printed medical devices market include rising prevalence of chronic diseases such as peripheral vascular diseases, diabetes-related gangrene cases, osteoarthritis, cases related to dental issues or facial disorders. In addition, factors such as increasing incidences of accidents, increasing geriatric population, rising awareness regarding personal care, and government initiatives for R&D activities and product innovations are expected to fuel growth of the global 3D printed medical devices market over the forecast period. High cost involved for production, 3D printing software and installation are major factors restraining growth of the global 3D printing market. Moreover, lack of skilled, qualified practitioners and labors to follow standard protocol are factors restraining the global 3D printing market. However, increasing competition among major key players is expected to result in cost reduction of 3D printing products which in turn will further increase product demand. North America market is dominating the global 3D printed medical devices market, followed by Europe. North America market is holds major share in the global market owing to high development of 3D technology, and rising demand for organ transplants across this region. Market segmentation and key players operating in the global market: Global market segmentation by Material:Global market segmentation by technology:
- Plastics
- Thermoplastics
- Photopolymers
- Biomaterial Inks
- Polymers
- Ceramics
- Hydrogels
- Metals and Alloys
Global market segmentation by application:
- Stereolithography (SLA) – Liquid
- Based 3D Printing
- Selective Laser Sintering (SLS) –Powder Based 3D Printing
- Digital Light Processing(DLP)
- Fused Deposition Modeling (FDM): Plastic Filament Extrusion Based Technology
- Electronic Beam Melting (EBM)
- PolyJet / InkJet 3D Printing
Global market segmentation by application:
- Orthopaedic Implants
- Dental Implants
- Cranio-maxillofacial Implants
- Internal and External Prostheses
Global market segmentation by region:
- Hospitals
- Diagnostic Centers
- Ambulatory Surgical Centres (ASCs)
Key players:
- North America
- Europe
- Asia Pacific
- Rest of the World
Report Structure: In the first section of the report we offer a table of content, followed by a list of figures. The next section offers a definition and brief explanation of the various products and segmentation of the target market, along with research methodology and a list of acronyms and sources used to gather and analyze data and information. The third section of the report entails a brief list of drivers, restraints, opportunities, and threats (DROTs) in the target market. The report also offers insights on various trends in regions, countries, and markets as per segmentation, as well as insights and crucial information obtained from various sources including primary and secondary, annual reports, the Internet and others. The final section comprises detailed profiles of key players in the target market and a SWOT analysis of each company, apart from strategies, acquisitions and mergers. Objective of Report: Sections of the report are created and designed specifically to offer readers a clear, clean, and insights into historical, estimated, and revenue (US$ Mn/Bn) estimation and projection, Compounded Annual Growth Rate (CAGR %), and volume in measure as applicable to the target product/market. We offer illustrations, charts, tables, and figures to support our findings and analysis, in addition to key finding for markets in regions and countries. This report is valuable asset for the existing players, new entrants and the future investors. Who we are and what we do: Market.biz is a pioneering company in the fields of market research and analytical reporting. Our services enable clients to enhance business efficiency and focus on other core aspects of operations, while we take care of market research and reporting needs. Marketresearch.biz conducts and executes detailed and in-depth research and analysis across all relevant domains and offers accurate and insightful estimations and forecasts to enable clients to take well-informed and crucial decisions in their respective industries, sectors, or companies. Market.biz has access to the world’s most comprehensive and up-to-date databases in any business sector, as we understand the specific and varying needs of our clients. We offer updated reports to keep up with the changing scenarios in global markets and strive to ensure that only the utmost quality is established and maintained in every single report we produce. Our reports are conveniently designed and structured and are visually-pleasing. We provide a detailed analysis outlook of competitive markets and identify and study new and emerging trends and other crucial aspects and factors impacting or driving market growth. We also offer insights regarding new and emerging opportunities in the market and present the information in a comprehensive report focused on your respective market or sector.
- Stratasys Ltd.
- Concept Laser GmbH
- 3D Systems Corporation
- Arcam AB
- Optomec Inc.
- Microtec Gesellschaft Für Microcomputervertrieb MBH
- EOS GmbH
- The ExOne Company
- Materialise NV
- Beijing Tiertime Technology Co. Ltd.