3D Printing Medical Devices Market Size to Reach US$6,583.50 Million by 2028, According to The Insight Partners

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High occurrence of dental and orthopedic diseases drive the growth of the 3D printing medical devices market over the forecast period

NEW YORK, USA, January 21, 2022 /EINPresswire.com/ — According to the latest study by The Insight Partners on “3D printing medical devices market Forecast to 2028 – Impact of COVID-19 and Global Analysis – Component (Software and Services, Equipment and Materials), Technology (Laser Beam Melting, Light Curing, Droplet Deposition/Extrusion Based Technologies and Laser Beam Melting electrons), application (custom prostheses and implants, surgical guides, tissue engineering, surgical instruments, hearing aids, wearable medical devices and standard prostheses and implants), end user (hospitals and surgical centers, dental and orthopedic centers, medical device companies, pharmaceutical and biotechnology companies, academics and research institutes and others)”, the market is expected to grow from 2,123.11 million US$ in 2021 to 6,583.50 million US$ by 2028; it is expected to grow at a CAGR by 17.5% from 2021 to 2028. The report highlights the key factors driving the market and leading players a with their developments.

Strategic insights

Report Cover Details
Market size value in US$2,123.11 million in 2021
Market size value of US$6,583.50 million by 2028
CAGR growth rate of 17.5% from 2021 to 2028
Forecast period 2021-2028
Base year 2021
Number of pages 172
No. Tables 3
Number of graphs and figures 112
Historical data available Yes
Segments Covered Component, Technology, Application and End User
Regional scope North America; Europe; Asia Pacific; Latin America; AEM
Countries Covered USA, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report Coverage Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends

Get Sample PDF Copy of 3D Printing Medical Devices Market at: https://www.theinsightpartners.com/sample/TIPMD00002652/

3D printing is used to create patient-specific replicas of bones, organs and blood vessels, as well as innovative surgical cutting and drilling guides and prostheses. Developments in 3D printing in healthcare have resulted in light, strong and safe products, as well as reduced lead times and costs. Custom pieces can be made to meet an individual’s needs.

The 3D printing medical device market is segmented on the basis of component, technology, application, end user, and geography. The market, by geography, is broadly segmented into North America, Europe, Asia Pacific, Middle East & Africa and South & Central America. The report offers in-depth market information and analysis, emphasizing parameters such as market trends, technological advancements, and market dynamics, as well as analysis of the competitive landscape of key players in the global market.

High occurrence of dental and orthopedic diseases drive the growth of the 3D printing medical devices market over the forecast period

The use of 3D printing technology has gained prominence in the field of implantable medical devices over the past few decades due to its high accuracy and optimal material utilization capabilities. The specialty that can most benefit from the advantages of these tools is dental, orthopedic and traumatology surgery. 3D printing technology makes it possible to create implantable medical devices of any shape, simple or complex, without being affected by processing problems. It can solve problems associated with the design and manufacture of complex implantable medical devices. The 3D printing technique can also be used to produce personalized and bespoke implantable medical devices.

Tooth decay is the second most common dental problem in the world. The prevalence of orthodontic problems is common in men and women, with minor differences based on gender. The possibility of individualized products, savings on small-scale productions, simplified sharing and processing of patient image data, and education upgrades are driving advances in 3D printing for applications. medical and dental.

Due to the COVID-19 pandemic, the sale and implementation of 3D printing medical devices decreased in March 2020. In addition, during the second quarter of 2020, hospitals mainly focused on the COVID-19 outbreak. The epidemic has led to a huge increase in demand for ventilators. Closures of manufacturing facilities due to closures and interrupted supply chains had a minor impact on the geographic growth of the 3D printing medical devices market in 2020.

Download the latest COVID-19 Analysis of 3D Printing Medical Devices Market Growth Research Report at: https://www.theinsightpartners.com/covid-analysis-sample/TIPMD00002652/?utm_source=EINPressWire&utm_medium=10144

Rising applications of 3D printing in the healthcare sector are contributing significantly to the growth of the 3D printing medical devices market
3D printers are used to manufacture a variety of medical devices, including those with complex geometry or features that match a patient’s unique anatomy. A few devices are printed from a standard design and then several identical copies of the same device are made. Other devices, called patient-adaptive devices or patient-specific devices, are created from the patient-specific imaging data. The choice of technology used for 3D printing depends on many factors, including the intended use of the printed products and the simplicity of the printer, among others.

On the basis of components, the 3D printing medical device market is segmented into software and services, equipment and materials. The materials segment held the largest market share in 2021. However, the software and services segment is expected to register the highest market CAGR of 23.1% during the forecast period. According to the Small and Medium Enterprises (SME) report, materials for 3D printing medical applications are evolving over the years. Manufacturers are continually learning about interactions between materials and the 3D printer, biocompatibility, validation processes, and creating standards for raw material suppliers.

3D Printing Medical Devices Market: Competitive Landscape and Key Developments

EOS GmbH Electro-optical systems; Renishaw APIs; Stratasys Ltd. ; 3D Systems, Inc.; EnvisionTech, Inc.; Concept Laser Gmbh (General Electric); 3T RPD Ltd. ; Proways Group; SLM Solution Group SA; and Cellink are some of the leading companies operating in the 3D printing medical device market.

Order a copy of the 3D Printing Medical Devices Market Share, Strategies and Forecasts 2021-2028 Research Report at: https://www.theinsightpartners.com/buy/TIPMD00002652/

Press release: https://www.theinsightpartners.com/pr/3d-printing-medical-devices-market
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Samir Joshi
Insight Partners
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