3D Printing Medical Devices Market - Global Forecast to 2027

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3D Printing Medical Devices Market - Global Forecast to 2027

The 3D Printing Medical Devices Market is anticipated to reach at USD 5,756 Million by 2027, growing at a CAGR of 14.4% over the forecast period (2020-2027).

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3D Printing Medical Devices

The 3D Printing Medical Devices Market is anticipated to reach at USD 5,756 Million by 2027, growing at a CAGR of 14.4% over the forecast period (2020-2027).

The factors driving the growth of Medical Devices Market includes increasing cases of dental and orthopedic diseases, musculoskeletal injuries, and rising application of 3D Printing in healthcare sector. As per the report published by Statista, the market size of Cosmetic Industry in India was valued at USD 11.16 billion, and is projected to reach USD 20 billion by the end of 2025, which will boost the market growth in the approaching years. Moreover, the increase in the public private funding to develop advanced 3D printing devices and growing demand for customized medical devices based on the user’s need, are some of the additional factors supplementing the Global 3D Printing Medical Devices Market. According to Canadian Institute For Health information, the total health expenditure in Canada has significantly increased by 12.8% in 2020 and the health expenditure will represent 12.7% of Canada’s GDP in 2021.

However, the growth of Medical Devices Market is hindered due to inadequate skilled workforce and high cost for procuring 3D Printing Medical Devices.

The major players operating in the market are EnvisionTEC, 3D Systems, Inc., EOS GmbH Electro Optical Systems, 3T Additive Manufacturing Ltd., Concept Laser GmbH, Prodways Group, Renishaw plc., Materialise, Arcam AB and Stratasys Ltd. Among others.

Technology: Segment Analysis

As per 3D Printing Medical Devices Market Global Forecast, the Photopolymerization segment is projected to dominate the market over the forecast due to its growing use in medical industry for manufacturing dental and CMF guides and prosthetics & implants.

Component: Segment Analysis

According to 3D Printing Medical Devices Market Trends, the 3D printed equipment segment is estimated to grow at a faster CAGR during the forecast period attributed to technological innovations in 3D printing medical devices such as Bioprinting.

Regional: Segment Analysis

Based on region, the Asia-Pacific region is predicted to grow at the highest CAGR over the forecast period attributed to increasing number of research and training institutions for 3D Printing Medical Devices, growing presence of leading players in Asia-Pacific and rising economic activities in China, India, Indonesia, and Vietnam, are some of the important factors, influencing the market growth in Asia-Pacific region.

Market Segmentation

Global 3D Printing Medical Devices Market by Technology

Laser Beam Melting

Direct Metal Laser Sintering

Selective Laser Sintering

Selective Laser Melting

Lasercusing

Photopolymerization

Digital Light Processing

Stereolithography

Two-Photon Polymerization (2PP)

Polyjet 3D Printing Technology

Electron Beam Melting

Droplet Deposition Or Extrusion-Based Technologies

Fused Deposition Modeling (FDM)

Multiphase Jet Solidification

Low-Temperature Deposition Manufacturing

Three-Dimensional Printing (3DP) Or Adhesion Bonding Or Binder Jetting

Global 3D Printing Medical Devices Market by Component

Equipment

3D Printers

3D Bioprinters

Materials

Plastics

Thermoplastics

Photopolymers

Metal and Metal Alloy Powders

Bioprinting Biomaterials

Others

Services & Software

Global 3D Printing Medical Devices Market by Type

Surgical Guides

Dental Guides

Craniomaxillofacial Guides

Orthopaedic Guides

Surgical Instruments

Surgical Fasteners

Scalpels

Retractors

Prosthetics and Implants

Standard Implants

Custom Implants

Custom Orthopaedic Implants

Custom Dental Implants

Custom Craniomaxillofacial Implants

Tissue Engineering Products

Bone and Cartilage Scaffolds

Ligament and Tendon Scaffolds

Global 3D Printing Medical Devices Market by Region

Asia Pacific

China

Japan

India

Rest of APAC

North America

United States of America

Canada

Europe

United Kingdom

Germany

France

Spain

Rest of Europe

RoW

Brazil

South Africa

Saudi Arabia

UAE

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