3D printing is the construction of a three-dimensional object from a CAD model or a digital 3D model. The term 3D printing can refer to many processes in which material is deposited, joined or solidified under computer control to create a 3-D object. It uses computer-aided design (CAD) to create three-dimensional objects through a layering method. Sometimes also uses additive manufacturing, 3D printing involves layering materials, like plastics, composites or bio-materials to create objects that range in shape, size, rigidity and color. Increasing application of 3D printing in the healthcare, defense, and automotive sector are the principal factors driving the growth of the target market. Moreover, changing consumer preferences and concept of customization increases the demand of 3D printing, which in turn propelling the growth of market. Additionally, availability of materials and advancements in 3D printing technologies has accelerated the adoption of print-on-demand parts for production of customized functional parts. In addition, industrialization and addiction towards designing industry are expected to propel the growth of 3D printing market.
Region Analysis:
In the 3D printing medical devices market, North America dominates the global 3D printing market due to presence of large manufacturers, service bureaus, and engineering firms. It is the forefront region in the development of 3D printing market. Asia Pacific is projected to witness significant growth in the target market, owing to changing concept of 3D printing, 3D customization and visualization, application of AI, set up of large manufacturers etc. are some of the reasons which augment the growth in this region
Key Development:
- In 2021, 3D System (US) launched titanium and nylon based specific guides for maxillofacial procedures.
- In 2021, Stratasys launched a new J5 DentaJet 3D Printer PolyJet for dental works.
Before purchasing this report, request a sample or make an inquiry by clicking the following link:
https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/1161
Segmentation:
The Global 3D Printing Medical Devices accounted for US$ 5.17 billion in 2020 and is estimated to be US$ 56.68 billion by 2030 and is anticipated to register a CAGR of 27.3%. The Global 3D Printing Medical Devices is segmented by Material Type, Application, Technology, End User and Region.
- By material type, the Global 3D Printing Medical Devices is segmented into Plastics, Biomaterial Inks, and Metals & Alloy.
- By application, the Global 3D Printing Medical Devices is classified into Orthopedic Implants, Dental Implants, and Ranio-Maxillofacial Implants
- By technology, the Global 3D Printing Medical Devices is classified into Stereolithography, Selective Laser Sintering, Digital Light Processing, Fused Deposition Modeling, Electronic Beam Melting, and Polyjet/Inkjet 3D Printing.
- By end user, the target market is further classified into Hospitals, Diagnostic Centers, and Ambulatory Surgical Center.
- By region, Asia-pacific fleet telematics market is expected to account for major revenue share in Global 3D Printing Medical Devices, followed by other regions.
Competitive Analysis:
The key players operating in the global 3D printing market includes 3D Systems, Inc., Arcam AB, Stratasys Ltd., EnvisionTEC GmbH, Cyfuse Biomedical K.K., Formlabs, Inc., FabRx Ltd., and EOS GmbH Electro Optical Systems., Oxford Performance Materials, Inc., Materialise NV, Bio3D Technologies Inc., and Cyfuse Medical K.K.EOS GmbH.
0
