Asia Pacific Medical Device 3D Printing Market is poised to cross USD 474.92 million in 2021


Posted December 27, 2017 by Mounika

Medical Device 3D Printing Market by Product type, by Material type, by Technology and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
 
According to the report Asia Pacific Medical Device 3D Printing Market, published by Market Data Forecast, the Asia Pacific market is projected to reach USD 474.92 million by 2021, at a CAGR of 28.12% from 2016 to 2021.



Additive manufacturing or 3D printing uses a layer-by-layer addition technique to manufacture physical objects from a three-dimensional digital file. The 3D printing technology is poised to capture the rising demands of personalized medical care by providing customized medical devices based on individual needs. Additionally, it enables surgeons to plan surgeries, thereby helping to reduce the operative risks involved during complex procedures, the risk of infection, and reduce the duration of anaesthesia exposure. This would enable patients to recuperate faster and reduce the hospital stay duration. Additionally, 3D printing technology would facilitate surgeons to enhance the success rate of complicated procedures. Furthermore, this technology has revolutionized preclinical drug testing by facilitating testing on 3D printed organs as an alternative to animal testing. The recent success in the 3D printing of tablets has opened new avenues for the 3D printing technology for use in the pharmaceutical industry.



Get a comprehensive overview of the Asia Pacific Medical Device 3D Printing Market: http://www.marketdataforecast.com/market-reports/asia-pacific-medical-device-three-dimension-printing-market-335/



Medical Device 3D Printing Market: Drivers & Restraints

This market is estimated to witness considerable growth during the aforementioned forecast period. Additionally, augmented R&D investments, rapidly expanding customer base, increasing the scope of biomedical applications, and extensive R&D activities at the academic and industrial level have propelled the growth of this market. Moreover, collaborations between academic institutions and companies to accelerate the process of product development has supplemented the market growth.

But still, the absence of an organized regulatory framework, unfavourable reimbursement policies, high costs associated with printers, copyright & patent infringement concerns, biocompatibility issues of 3D printed medical devices, and limited technical expertise are the primary factor hindering the growth of the market.



Get accurate market forecast and analysis on the Asia Pacific Medical Device 3D Printing Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/asia-pacific-medical-device-three-dimension-printing-market-335/request-sample



Asia Pacific Medical Device 3D Printing Market: Segmentation

By Product Type

Medical Implants                 
Orthopaedic Implants      
Dental Implants
Craniomaxillofacial Implants       
Prosthetics                             
Tissue Engineering                              
Surgical Instruments                          
Surgical Guides                     
Hearing & Audibility Aid


By Material

Plastics
Biomaterials
Metal & Metal Alloys
Ceramics
Nylon
Wax


By Technology

Laser Beam Melting (LBM)
Electron Beam Melting (EBM)
Droplet Deposition
Photopolymerization
Wax deposition Modelling
Bio Printing


From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/asia-pacific-medical-device-three-dimension-printing-market-335/customize-report


Asia Pacific Medical Device 3D Printing Market: Region-wise Outlook

On the basis of geography, the Asia Pacific market is categorized into India, China, Japan, Korea and others. Japan being the most technologically advanced nation in this region is predicted to show high potential for growth in the near future. India and China present potentially great opportunities and will be the target market for major MNC’s in the aforementioned forecast period.



Key Questions Answered

What is the current and future Medical Device 3D Printing market outlook in Asia Pacific? What trends are affecting the Asia Pacific market?
What is the competitive landscape and market share of major players in the Medical Device 3D Printing space in Asia Pacific?



Medical Device 3D Printing Market: Key Players

Some of the major companies operating in the 3D printing industry with significant presence in medical equipment domain are Stratasys Ltd. 3D Systems Corporation, EnvisionTEC GmbH, Renishaw plc, EOS GmbH Electro Optical Systems, Materialise NV, 3T RPD, Ltd., Concept Laser GmbH, Arcam AB, and Prodways.



Reasons to buy Medical Device 3D Printing Market Report:

regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail



About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.



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Last Updated December 27, 2017