3D Printed Medical Device Market to reach USD 2.20 Billion by 2021


Posted January 30, 2017 by markdeniel

The global 3D printed medical device market is envisioned to reach USD 2.20 Billion over the forecast period i.e. 2015-2021, exhibiting a compound annual growth rate (CAGR) of 25.6%.
 
3D printing also known as additive manufacturing is a procedure of creating three dimensional hard objects using digital file. The formation of a 3D printed object is completed by means of additive processes. 3D printing is now majorly being used in various industrial sectors including manufacturing, healthcare and automotive all over the world.

The global 3D printed medical device market is envisioned to reach USD 2.20 Billion over the forecast period i.e. 2015-2021, exhibiting a compound annual growth rate (CAGR) of 25.6%. Geographically, the global 3D printed medical device market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific, Middle East and North Africa (MENA) and Rest of World.

Market Segmentation
By Components
On the basis of components, the global 3D printed medical device market is segmented are as follows:
3D printing equipment
Materials
Services & software

By Technology
On the basis of technology, the global 3D printed medical device market is segmented are as follows:
Electron Beam Melting (EBM)
Laser Beam Melting (LBM)
Photo polymerization
Droplet Deposition (DD) or Extrusion-Based Technologies
Three-Dimensional Printing (3DP) or Adhesion Bonding

By Product
Based on products, the global 3D printed medical device market is segmented as mentioned below:
Surgical Guides
Surgical Instruments
Prosthetics and Implants
Tissue Engineering Products

Market size
With 37% of share in 2015, North America dominated the global 3D printed medical device market. The market in the region is anticipated to flourish owing to growing awareness in patients, expanding health care spending and rising expenditure on research and development.

The Asia-Pacific 3D printed medical device market is estimated to nurture at highest CAGR over the period of 2015-2021 sparked by expanding government budget to improve establishment of 3D printing research centers in countries such as India and China.

Growth drivers and challenges
Technical innovations in 3D printing, increasing government support, and increasing applications of 3D-printed organs in organ transplantation surgeries are expected to be the main growth drivers of global 3D printed medical device market over the forecast period i.e. 2015-2021.

Contact Key extracts from the Table of Content of 3D printed medical device 2015-2021 report:

3D printed medical device Size and Forecast, 2015-2021
3D printed medical device CAGR for the Period 2015-2021
3D printed medical device Y-O-Y for the Period 2015-2021
3D printed medical device Demand & Supply Analysis
3D printed medical device Investment Attractiveness
3D printed medical device BPS Analysis
3D printed medical device Dynamics – Trends, Drivers, Challenges, and Opportunities
3D printed medical device Competitive Landscape Analysis
3D printed medical device Investment Proposition, by Geography


Research Nester is a leading service provider for strategic market research and consulting, serving clients from 120+ countries across the globe. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc.


For more information visit: http://www.researchnester.com/reports/3d-printed-medical-device-market-global-demand-analysis-opportunity-outlook-2021/20

For Table of Content & Free sample Report contact:

Ajay Daniel
Email: [email protected]
U.S. +1 646 586 9123
U.K. +44 203 608 5919
web: www.researchnester.com
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Tags 3d printed medical device market , 3d printed medical device market demand , 3d printed medical device market growth , 3d printed medical device market size
Last Updated January 30, 2017