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NEW YORK , Aug. 18, 2022 /PRNewswire/ -- The Global 3D Printing Medical Devices Market size is set to grow by USD 2.38 billion according to Technavio. Factors such as increased demand for personalized or customized medical devices, emerging technological advances, and applications of 3D printing in medical devices, will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The global 3D printing medical devices market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Request Free Sample Report.
The orthopedic and spinal segment will significantly increase its market share in 3D printed medical equipment. Many orthopedic implants created with 3D printing are comprised of titanium. Greater porosity in the implants is possible thanks to technology than is possible with traditional manufacturing methods.
Additionally, spinal implant designers can improve the functionality of their creations through 3D printing. With the use of this technique, they may create fusion interbody devices using materials that are known to be osteoconductive and biocompatible. Buy Sample Report.
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Some of the major vendors of the global 3D printing medical devices market in the health care industry include:
North America will account for 38% of the market's growth over the projection period. North America's largest market for 3D-printed medical products is the US. The market in this region will expand more slowly than markets in other regions. Over the projected period, the growth of the worldwide 3D printing medical devices market in North America would be aided by the rising demand for personalized or customized medical equipment. Download Free Sample Report.
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3D Printing Medical Devices Market Scope
Accelerate at a CAGR of 17.8%
North America, Europe, Asia, and ROW
US, Germany, Japan, China, and France
Leading companies, Competitive Strategies, Consumer engagement scope
3D Systems Corp., Autodesk Inc., EnvisionTEC GmBH, Formlabs Inc., General Electric Co., Materialise NV, Renishaw Plc, SLM Solutions Group AG, Stratasys Ltd., and The ExOne Company
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
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Browse for Technavio "Health Care" Research Reports
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
Newsroom link: https://newsroom.technavio.com/news/3d-printing-medical-devicesmarket
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