Global 3D Printing Medical Devices Market Outlook 2030

  • Product Code:
    RP-ID-10059299
  • Published Date:
    14 Sep 2021
  • Region:
    Global
  • Pages:
    145
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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In 2021, the global 3D printing healthcare market is estimated to be worth USD 1 billion and is expected to foster at a compound annual growth rate of 20% from 2022 to 2030. 3D printing, also known as additive manufacturing, uses layer-by-layer overlay technology to produce personalized medical products and devices from three-dimensional digital files. 3D printing software is used to create computer-aided design (CAD) packages using 3D scanners, digital cameras, or 3D modeling software. 3D models created by CAD can be modified and adjusted, allowing objects to be verified before printing.

In addition, it provides several advantages over traditional reconstructive surgery by reducing the operational risks involved in complex surgery, minimizing susceptibility to infection, and shortening the exposure time to anesthesia. This will enable patients to recover faster and reduce hospital stays. In addition, 3D printing technology makes it easier for surgeons to increase the success rate of complex operations. In addition, this technology revolutionized preclinical drug testing by promoting 3D printed organ testing as an alternative to animal testing. The recent success of 3D tablet printing has opened up new avenues for the use of 3D printing technology in the pharmaceutical industry.

3D printing technology has been widely adopted in the field of healthcare. This is thanks to the development of portable and energy-saving 3D printers in the 3D printing industry. In addition, using this technology to predict mechanical and tensile strength, in addition to providing flexibility for 3D printed objects, will also increase its applicability in new sanitary applications. Product innovation and the rise of 3D printing applications in healthcare applications are the main factors driving further market growth. Due to many technological innovations in this field, this market is expected to witness significant growth during the forecast period.

In addition, the heavy investment in 3D printing-related R&;D activities, the rapidly expanding customer base, the expansion of biomedical applications, and a wide range of academic and industrial R&D activities have all promoted the growth of the market. In addition, cooperation between academic institutions, hospitals and companies complements the growth of the market. However, high printer costs, lack of a structured regulatory framework for 3D printers that can be used in the healthcare sector, unfavorable refund policies, copyright and patent infringement issues, biocompatibility issues of 3D printed medical devices, and lack of technical expertise are the main factors . Factors hindering market growth. On the contrary, untapped markets in developing countries are expected to provide profitable opportunities for market participants. It is expected that the influence of the driving factors will exceed the influence of the limit.

At present, the system department dominates the 3D printing healthcare market, accounting for more than half of the global 3D printing healthcare market in 2018. This is attributed to the increase in the adoption rate of 3D products, technological advancements related to the system and 3D printing software, increased investment in the R&D activities of materials and systems used in the 3D printing process, rapid expansion of the customer base and the development of biomedical applications. However, due to the increase in the adoption of 3D systems and the increase in the use of 3D printing technology, the material part is expected to become the largest part.

In 2020, the field of portable external devices dominated the global 3D printing healthcare market. This is due to the existence of a large number of patients, the relaxation of 3D printer and material regulations, the adoption of 3D printing technology in dental clinics and hospitals, and the increase in customization. However, the tissue engineering department is expected to grow at the highest rate due to large investments in R&D activities, an increase in the range of biomedical applications, and technological advancements that can be used to produce customized external portable 3D printers. Equipment.

From the perspective of this region, the 3D health printing market analysis is conducted in North America, Europe, Asia Pacific and LAMEA. North America is the largest revenue contributor to the global healthcare 3D printing market in 2018 and is expected to maintain its dominant position throughout the forecast period.

This is due to various technological advancements, the widespread adoption of 3D printing technology in the region, the increase in R&D investment, and various collaborations between academic and commercial organizations. Printing in the sanitary ware market. These participants include 3D Systems Corporation, Exone, Formlabs, GE, Materialize NV, Oxferd Performance Materials, Inc., Organovo Holdings, Inc., Proto Labs, SLM Solutions Group AG, and Stratasys Ltd. The healthcare market includes Advanced Solutions Life Sciences, Aspect Biosystem, Cyfuse Biomedical KK, Envisiontec and Nano Dimension.

MAIN ADVANTAGE OF THE 3D PRINTING HEALTHCARE MARKET:

This report provides a detailed quantitative analysis of current 3D printing healthcare market trends and future estimates from 2022-2030, which will help identify current market opportunities. In-depth analysis of each region is expected to provide a detailed understanding of current trends, enabling stakeholders to develop plans for specific regions.

A comprehensive analysis of the factors that promote and inhibit the growth of 3D Health in the global printing market is conducted. The information provided by extensive analysis of the healthcare 3D printing market from different regions is expected to enable the company to strategically plan its business activities.

3D PRINTING HEALTHCARE MARKET SEGMENTATION:

by component system/equipment material service by technology droplet deposition (DD) fused deposition modeling technology (FDM) low temperature deposition manufacturing (LDM) multiphase jet curing (MJS) photopolymerization stereo light curing molding (SLA) Continuous Liquid Interface Production (CLIP) Two-Photon Polymerization (2PP) Laser Beam Fusion Selective Laser Sintering (SLS) Selective Laser Fusion (SLM) Direct Metal Laser Sintering (DMLS) Electron Beam Fusion (EBM) Manufacturing layers by application Compressed external portable equipment clinical research equipment implant tissue engineering by end user medical and surgical center pharmacy and biotechnology center agency.

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Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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