The global 3D printing medical implants market size is expected to reach US$ 9069.9 million by 2030 from USD 1,592.6 million in 2020 and is expected to grow at an impressive double-digit rate of 19% from 2021 to 2030.
The study includes drivers and restraints of this market.
The study provides an analysis of the global 3D printing medical implants
Market for the period 2017-2030, wherein 2021 to 2030 is the forecast period
and 2020 is considered as the base year.
Why should you invest in this report?
If you are aiming to enter the global 3D printing medical
implants Market, this report is a comprehensive guide that provides crystal
clear insights into this niche market. All the major application areas for 3D
printing medical implants are covered in this report and information is given
on the important regions of the world where this market is likely to boom
during the forecast period of 2021-2030, so that you can plan your strategies
to enter this market accordingly.
Besides, through this report, you can have a complete grasp
of the level of competition you will be facing in this hugely competitive
market and if you are an established player in this market already, this report
will help you gauge the strategies that your competitors have adopted to stay
as market leaders in this market. For new entrants to this market, the
voluminous data provided in this report is invaluable.
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Growth Factors
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.
- 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.
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Key Market Players and Strategies
- 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
Regional Analysis:
The geographical analysis of the global 3D printing medical
implants Market has been done for North America, Europe, Asia-Pacific, and
the Rest of the World.
The North American market is again segmented into the US,
Canada, and Mexico. Coming to the European market, it can be segmented further
into the UK, Germany, France, Italy, Spain, and the rest. Coming to the
Asia-Pacific, the global 3D printing medical implants Market is segmented into
China, India, Japan, and Rest of Asia Pacific. Among others, the market is
segmented into the Middle East and Africa, (GCC, North Africa, South Africa and
Rest of the Middle East & Africa).
Regional Analysis:
In 2020, North America dominated the global market with a market share of more than 30%. United States represented the highest share in the North America region primarily due to high healthcare spending along with tendency of health management among the individuals in the North America. Moreover, increasing adoption of technically advanced products in the countries including United States and Canada is expected to have positive impact on the industry growth. Asia Pacific is expected to account for the second largest market in the 3D printing in medical implants in terms of revenue in 2022. The growth in the Asian countries is attributed to growing awareness among Asian population regarding health benefits of 3D printing in medical implants which is boosting growth of the target industry in the countries of Asia Pacific including China, India, Japan, among others. Increasing prevalence of dental disorders, bone related disorders in the countries of Asia Pacific is another important factor which is demanding huge amount of 3D printing in medical implants and in turn boosting growth of the Asia Pacific 3D printing in medical implants market in the near future. Growth in the healthcare spending as well as accessibility to the skilled surgeons are among major factors projected to have optimistic impact on the growth of the target industry in Asian countries.
Key Questions Answered by the Report:
- What
will be the size of the global 3D printing medical implants Market in
2030?
- What
is the expected CAGR for the 3D printing medical implants Market between
2021 and 2030?
- Which
are the top players active in this global market?
- What
are the key drivers of this global market?
- How
will the market situation change in the coming years?
- Which
region held the highest market share in this global market?
- What
are the common business tactics adopted by players?
- What
is the growth outlook of the global 3D printing medical implants Market?
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