Overview
3D printing has significantly shortened the total manufacturing cycle through the use of rapid prototyping and rapid manufacturing processes. This game changing technology is anticipated to curb redundant costs of traditional manufacturing. Some of the other major advantages of 3D printing are reduction in time & labor consumption, significant reductions in the time to market of a new product from the concept stage, minimization of errors in the functioning of a product, reduction of waste and provision of a better judgment of the final output of a process.
The global 3D printing for medical sector market was valued at US$ 542.8 Mn in 2018 and is expected to exhibit a CAGR of 11.7% over the forecast period (2020–2027).
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Global 3D Printing for Medical Sector Market: Drivers
Development and launch of new products is expected to propel growth of the global 3D printing for medical sector market over the forecast period. For instance, in April 2019, Fluidda partnered with Materialise to develop personalized 3D printing solutions for lung patients.
Recent Developments
Major players operating in the global 3D printing for medical sector market are focused on adopting expansion strategies to enhance their market share. For instance, in October 2017, Materialise NV started a new facility at their headquarters in Leuven to expand production capacity and increase office space. Earlier in September 2017, the company inaugurated its new office in Poland.
Covid-19 Impact Analysis
Emergence of Covid-19 has led to increase in adoption of 3D printing for medical sector in order to help address shortages and gaps in medical supplies during the pandemic. For instance, in September 2020, 3D printing service provider PrintParts partnered with automated post-processing developer PostProcess Technologies to rapidly-produce COVID-19 testing swabs in New York City.
Market Trends:
Major players operating in the global 3D printing for medical sector market are focused on adopting partnership strategies to enhance their market share. For instance, in November, 2017, Materialise NV, a provider of 3D printing services and software solutions in Belgium, partnered with Siemens Healthineers for development and launch of Materialise Mimics inPrint software.
Major players operating in the global 3D printing for medical sector market are also focused on launching new products to expand their product portfolio. For instance, in August 2018, 3D Systems Inc. launched NextDent 5100 high-speed dental 3D printer, which enables dental labs and clinics to produce trays, models, surgical guides, dentures, orthodontic splints, crowns, and bridges.
Global 3D Printing for Medical Sector Market: Competitive Landscape
Major players operating in the global 3D printing for medical sector market include, 3T RPD, Ltd., 3D Systems, Inc., Arcam AB, EnvisionTEC, Inc., Eos GmbH Electro Optical Systems, Materialise NV, Organovo Holdings, Inc., Renishaw PLC, and Stratasys Inc.
Global 3D Printing for Medical Sector Market: Key Developments
Major players operating in the global 3D printing for medical sector market are focused on R&D to expand their product portfolio. For instance, in June 2018, the Australian Patent Office accepted the patent for Materialise NV’s 3D planning technologies and 3D-printed guides which enable the design of screw placements for the fit and fixation of customized implants.
Reasons To buy The 3D Printing for Medical Sector Market Report:
➛ In-depth analysis of the market on the global and regional levels.
➛ Major changes in market dynamics and competitive landscape.
➛ Segmentation on the basis of type, application, geography, and others.
➛ Historical and future market research in terms of size, share growth, volume, and sales.
➛ Major changes and assessment in market dynamics and developments.
➛ Emerging key segments and regions
➛ Key business strategies by major market players and their key methods.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 3D Printing for Medical Sector Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: 3D Printing for Medical Sector Industry Impact
Chapter 2 Global 3D Printing for Medical Sector Competition by Types, Applications, and Top Regions and Countries
2.1 Global 3D Printing for Medical Sector (Volume and Value) by Type
2.3 Global 3D Printing for Medical Sector (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global 3D Printing for Medical Sector Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America 3D Printing for Medical Sector Market Analysis
Chapter 6 East Asia 3D Printing for Medical Sector Market Analysis
Chapter 7 Europe 3D Printing for Medical Sector Market Analysis
Chapter 8 South Asia 3D Printing for Medical Sector Market Analysis
Chapter 9 Southeast Asia 3D Printing for Medical Sector Market Analysis
Chapter 10 Middle East 3D Printing for Medical Sector Market Analysis
Chapter 11 Africa 3D Printing for Medical Sector Market Analysis
Chapter 12 Oceania 3D Printing for Medical Sector Market Analysis
Chapter 13 South America 3D Printing for Medical Sector Market Analysis
Chapter 14 Company Profiles and Key Figures in 3D Printing for Medical Sector Business
Chapter 15 Global 3D Printing for Medical Sector Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology
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