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According to the research report titled 'Global 3D Printing Medical Devices Market 2022-2028', available with MarketStudyReport, global 3D printing medical devices market accounted for USD 1,897 million in 2021 and is estimated to accrue a valuation of USD 4,955 million by the end of 2028, growing at a CAGR of 14.7% during the forecast period.
Surging demand for 3D printed products from cosmetology and pharmaceutical sector, accessibility of advanced 3D printing elements for dental & medical applications, and rising investments by government & private agencies for medical device manufacturing are factors responsible for the growth of global 3D printing medical devices market.
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Furthermore, rising popularity of customized medical solutions, combined with soaring occurrences of orthopedic & dental ailments are favoring the market expansion.
Besides an extensive evaluation of the market situation, the research also enlists the constraints and bottlenecks prevailing in the business sphere, as well as the plausible alternatives that assist investors in generating better profits.
Classifying worldwide 3D printing medical devices industry in terms of components into software & services, materials, 3D printer, and 3D bioprinter. As mentioned in the document, the materials segment held a significant revenue share in 2021 and is estimated to achieve modest growth through 2028.
Based on the technology, the market is bifurcated into selective laser sintering (SLS), selective laser melting (SLM), photopolymerization, LaserCusing, electron beam melting (EBM), droplet deposition, and direct metal laser sintering (DMLS).
Speaking of application scope, the segmentation includes wearable medical devices, tissue-engineered products, surgical instruments, surgical guides, standard prosthetics & implants, hearing aids, custom prosthetics & implants, and others.
Moving towards the division concerning end users, the market comprises research institutes & centers, pharmaceutical & medical device companies, hospitals & clinics, and others.
Regionally, the industry trends are evaluated across North America, Europe, and Asia Pacific for better comprehension of the size and reach of the business sphere.
Lastly, the research examines the profiles of leading organizations contributing to the growth of global 3D printing medical devices industry such as Stratasys Ltd., Roland DG Corporation, Prodways Group, Materialise N.V., EOS GmbH Electro Optical Systems, DWS S.r.l., Concept Laser GmbH (GE Additive), Carbon, Inc., 3D Systems Corporation, SLM Solutions Group AG, Renishaw plc, Organovo Holdings, Inc., Formlabs, Inc., EnvisionTEC, Inc., Desktop Metal, Inc., CELLINK AB, and BeamIT SpA (3T RPD Ltd.) among others.
Questions and answers: Global 3D Printing Medical Devices Market
Q1: What are the prime growth simulants of global 3D printing medical devices industry?
Answer: Surging demand for 3D printed products from cosmetology and pharmaceutical sector, accessibility of advanced 3D printing elements for dental & medical applications, and rising investments by government & private agencies for medical device manufacturing are factors responsible for the growth of global 3D printing medical devices market.
Q2: How is global 3D printing medical devices marketplace likely to perform during 2022-2028?
Answer: Worldwide 3D printing medical devices market is estimated to accrue a valuation of USD 4,955 million by the end of 2028, growing at a CAGR of 14.7% during the forecast period.
Q3: Which are the leading companies in worldwide 3D printing medical devices industry?
Answer: Stratasys Ltd., Roland DG Corporation, Prodways Group, Materialise N.V., EOS GmbH Electro Optical Systems, DWS S.r.l., Concept Laser GmbH (GE Additive), Carbon, Inc., 3D Systems Corporation, SLM Solutions Group AG, Renishaw plc, Organovo Holdings, Inc., Formlabs, Inc., EnvisionTEC, Inc., Desktop Metal, Inc., CELLINK AB, and BeamIT SpA (3T RPD Ltd.) among others are prominent industry players.
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