Global 3D printing medical device market acquired US$823.0 mn revenue in 2016 and is estimated to grow at a CAGR of 17.7% during the period 2017 to 2025.
Albany, NY -- (SBWIRE) -- 04/17/2018 -- 3D printing or an additive manufacturing is basically a process which utilizes a layer by layer method for the creation of real or physical object with the help of digital design. In the past few years, it has been noticed that the demand for 3D printed prosthetics and implants, surgical instruments, dental restorations and tissue fabrication has increased significantly. Market Research Hub (MRH) has freshly added a study to its wide repository, which tries to study the global market for 3D printing medical device in order to enlighten readers as well as new market investors. The study is titled "3D Printing Medical Device Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025", which talks about the massive advancements initiated since the past few years as well as new 3D printing technologies, devices and materials that have arrived in the global marketplace.
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The section comprising of market overview highlights the market dynamics as well as trends together with drivers, restraints and opportunities which are likely to influence the present nature and future status of this market. Furthermore, the report also offers the key market indicators and value chain analysis for the 3D printing medical device market. According to key research findings, the global 3D printing medical device market acquired US$823.0 mn revenue in 2016 and is estimated to grow at a CAGR of 17.7% during the period 2017 to 2025.
The following section of the report discourses market segmentation details about the global 3D printing medical device market on the basis of component, application and technology. On the basis of component, the concerned market is bifurcated into material, printer, software & services. The report focuses on the application types such as orthopedic & cranial implant, surgical instruments, dental restorations and others including tissue fabrication & external prosthesis, which have been assessed based on market size (US$ Mn), application comparison matrix and market attractiveness.
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Finally, the competitive profiling of the major players linked to the 3D printing medical device market from the global scenario is available for the readers. Factors such as important business strategies, market positioning, SWOT analysis, financials and recent developments are enclosed in this section to make the study more compact. Some of the market players mentioned in the report are Arcam AB, 3D Systems Inc., SLM Solutions Group AG, Organovo Holdings, EOS GmbH Electro Optical Systems, Cyfuse Biomedical K.K., Concept Laser, FabRx Ltd, EnvisonTec and Materialise NV.
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