3D Printing Medical Implants Market 2021 Analysis Research and Development Forecast by 2030
According to Report, the global 3D Printing Medical Implants market size is expected to hit US$ 9069.9 billion by 2030 from at US$ 1,592.6 billion in 2020, growing at a CAGR of 19% from 2021 to 2030.
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Growth Factors:
Increasing research in critical surgeries and growing number of critical surgeries such as whole joint replacement and heart transplantation or replacement are driving growth of the global market. In addition, 3D printed implant helps healthcare professionals to practice before actual critical surgery, which helps to reduce the risk and conduct the successful surgery. This is leading to increased demand for 3D implants and driving growth of the global market. Furthermore, rising use of 3D implants is fueled by various other applications such as these implants reduces risk of patient life, reduces risk of infection in surgical procedures, and are recyclable. Also, use of 3D implants reduces the overall time of surgery and helps to reduce the anesthesia. The reduced time of surgery supports healthcare professionals to conduct more surgeries and attend more patients to provide them on time service. These are some factors fueling growth of the global market. There are several benefits associated with 3D implants and 3D printing in medical implants which is another major factor propelling growth of the global market. 3D printing is a flexible technology and do not need additional set-up for different medical devices and customized devices. This reduces the overall production cost and support manufacturers to increase their revenue.
In addition, 3D printing in medical implants allows key players to manufacture customized medical implants as per patient need. Furthermore, 3D printing in medical implants is playing key role in cosmetic surgeries as well. 3D printing in medical implants supports to gain original face structure and can support to make required changes to improve the personality. This are some other factors expected to result in growth of the global market during the forecast period.
| Report Highlights | Details |
| Market Size | USD 9069.9 Million by 2030 |
| Growth Rate | CAGR of 19% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Component, Application, End user, Technology |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Report Highlights:
- Based on component segment, material segment projected for the largest revenue with significant portion in prediction period of time. This is accredited to flexibility of 3D printing in order to minimalize extra set up costs together with producers’ skills to produce devices to match anatomy of the patient.
- On the basis of application, orthopedic application is accounted for the weighty share in the target industry. This is due to the adoption of metallic and polymeric implants for complex reconstructions, such as tumor surgery and craniomaxillofacial surgery.
- Based on end user segment, pharmaceutical and biotechnologicaults segment planned for the largest revenue with significant portion in estimate period of time. This is due to the efforts taken by these companies in order to get competitive edge in the global industry.
- Materialize N. V. a leading company contributes significantly in the target industry and this is due to the various innovative product launches by the company across the world.
Key Players
- 3D Bioprinting Solutions
- BioBots
- ANDREAS STIHL AG & Co. KG
- Aspect Biosystems
- Formlabs
- Medprin
- Stratasys
- Organovo
- Rokit
- Materialise N.V.
- Cyfuse Biomedical
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Overview of the Study
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume). This report also studies global market prominence, competitive landscape, market share, growth rate, market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Key Points of the Global 3D Printing Medical Implants Market Report:
The report provides a basic overview of the 3D Printing Medical Implants industry including its definition, applications, and manufacturing technology.
The report also explores the major international players in detail. In this part, the report presents the company profile, product specifications, capacity, and production value up to ‘2030 year’, along with the market shares for each company.
Through the statistical analysis, the study depicts the global market for 3D Printing Medical Implants including capacity, production, production value, cost/profit, and supply/demand from an international perspective.
Considering segmentation, the market is divided in terms of product, end-use, company, region, and other important aspects. Each of these categories forms an important base point for the competitive landscape analysis.
The report then estimates the market development and trends of the 3D Printing Medical Implants industry up to 2030.
The report hints at crucial information associated with new market developments being undertaken in the 3D Printing Medical Implants industry before evaluating its feasibility.
Market Segmentation
By Component
- Material
- Service
- System
By Application
- Dental
- Orthopedic
- Cranial
- Others
By End user
- Pharmaceutical & biopharmaceutical companies
- Academic institutions
- Surgical centers
By Technology
- Laser beam melting
- Electronic beam melting
- Droplet deposition
- Others
Reasons to Purchase this Report:
Estimates 3D Printing Medical Implants development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
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