Absolute Markets Insights

Overview of the 3D Printing Medical Devices Market: Future Insights, Market Revenue and Threat Forecast by 2023

The global 3D printing medical device market was valued at US$ 779.7 Mn in 2017 and is expected to reach US$ 1,994.9 Mn by 2022

 

Pune, India -- (SBWIRE) -- 05/23/2018 -- 3D printing is a type of additive manufacturing. Therapeutic gadgets built by using 3D printing technology gauges the ideal match of patient's anatomy. 3D printing medical devices have complex inner structures and its flexible nature enables the medical device designers to roll out improvements, eliminate the necessity of tools and setting up of additional equipment. A few examples of 3D-printing medical devices are cranial and orthopedic implants, dental implants, craniomaxillofacial implants, external prosthetics, and surgical instruments.

3D printing medical devices are enabling surgeons in performing surgeries which can bring down the surgical risks faced due to complex techniques, lessen the span of anesthesia exposure and the risk of contamination. This quickens the patient's recovery and decreases the time they spend in the hospital. These variables may positively affect the development of the global 3D printing medical device market. 3D printing technology is encouraging surgeons in enhancing the rate of success in complex operations. This technology is making pre-clinical medical testing convenient on 3D-printed organs which is a contrasting option against testing on animals.

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Top Key Vendors:
3T RPD LTD., Arcam AB, 3D Systems Corporation, and Envision Tec GMBH, EOS GMBH Electrical Optical System, Concept Laser GMBH, Prodways, Renishaw, Materialise NV, and Stratasys LTD

3D-pritning has been recording great technological advancements like 3D metal printing and 3D printed vaccines. Besides the pharmaceutical field, other sectors in which 3D printing is adding value are construction, automobile and military. The expanding rate of medical practitioners adopting 3D printing services along with an increasing number of patients embracing medical devices manufactured through 3D printing are essentially driving the demand for this technology. A growing demand for 3D printing medical device market has occurred predominantly because of expanded use of implants, prosthetics, surgical instruments, dental restorations, and tissue fabrication.

The market of 3D printing is being restrained by stringent regulations on the sale of medical devices by the legislatures of few nations. The global 3D printing medical devices market is also being essentially hampered by high initial expenses of the devices. The need for considerable investment might discourage small-scale healthcare organizations from using the gadgets, consequently posing a major restraint to the market. The absence of skilled expertise and low penetration of the devices in remote and underdeveloped regions is also constraining the development of the technology.

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Table Of Content:

Chapter 1 3D Printing Medical Devices Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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