3D Printing Medical Devices Market Analysis by Product Type (3D Printers, 3D Bio-Printers, Materials, Software & Services), by Technology (Laser Beam Melting, Photo Polymerization, Electron Beam Melting, Droplet Deposition), by Application, by End-User & Regional Forecast 2022-2032

ROCKVILLE, Md., March 21, 2022 (GLOBE NEWSWIRE) -- According to a recently published Fact.MR report, the global 3D Printing Medical Devices market is projected to grow at a compound annual rate (CAGR) of 14.5% between 2022 and 2032. The market is expected to reach US$ 11.5 Bn by the end of 2032.

The demand for 3D Printing Medical Devices is expected to rise over the forecast period and the market is projected to gain a global market size worth of US$ 2.9 Bn by the end of 2022.

Introduction of 3D-printed tablets has paved new opportunities for 3D-printing technology, increasing its application across the pharmaceutical industry. Numerous collaborations have been witnessed worldwide, between academic institutions and major players in the market, who are investing heavily in R&D activities. 3D-printing technology has been revolutionizing the preclinical drug testing, making the testing on 3D-printed organs convenient, thereby resulting into the provision of a substitute for animal testing. This technology is also making it easy for surgeons to improve the complicated procedures’ success rate. The aforementioned factors are expected to augment demand for 3D printing medical devices in the years to come.

For Critical Insights on This Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=248

Potential of 3D-printing in transforming medical devices’ use to treat various diseases is impacting the healthcare sector, enabling construction of non-implantable and implantable medical devices, and cost-effective customizable medical devices. Rise in demand for medical devices that match a patient’s anatomy in orthopedic, and maxillofacial surgery is favoring expansion of medical 3D-printing industry. Facilitating surgeons in planning surgeries, 3D printing medical devices help in lowering operative risks encountered during complex procedures, reduce duration of anesthesia exposure, decrease risk of infection, enable patients in recovering faster, and dramatically reduce time of hospital stay. These factors might further impact the market growth over the forecast period.

3D Printed Tablets Creating More Avenues for Growth
The introduction of 3D printed tablets has witnessed enhanced application in the pharmaceutical industry, creating further growth and revenue opportunities in the 3D printing medical devices market. Collaborations between leading market players and academic institutions are witnessed worldwide, thereby investing in research and developmental activities, supporting market growth by 1.3X.

However, high pricing of printers, lack of structured regulation, limited technical expertise, unfavorable reimbursement policies, and biocompatibility issues that pertain to 3D printed medical devices are expected to hinder market growth by 0.5X in coming years.

To learn more about 3D Printing Medical Devices Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=248

Key Segments Covered in the 3D Printing Medical Devices Industry Survey

By Product Type, Global 3D Printing Medical Devices Market is segmented as:

• 3D Printers
• 3D Bio-Printers
• Materials
• Software & Services

By Technology, Global 3D Printing Medical Devices Market is segmented as:

• Laser Beam Melting
• Photo Polymerization
• Three-Dimensional Printing
• Electron Beam Melting
• Droplet Deposition
  

By Application, Global 3D Printing Medical Devices Market is segmented as:

• Implants
• Tissue Engineering
• External Wearable Devices
  

By End-User, Global 3D Printing Medical Devices Market is segmented as:

• Hospitals
• Academic Institutes
• Contract Research Organizations
• Pharma and Biotech Companies

Competitive Landscape
Fact.MR has provided detailed information about price points of top manufacturers of 3D printing medical devices market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance:

• Stratasys Ltd. in March 2021, introduced a J5 DentaJet 3D Poly Jet printer to be used by dental laboratories
• SLM Solutions partnered with Canwell Medical in the year 2020. This partnership will allow Canwell Medical to use SLM machines to make 3D printed surgical implant products. Application and technical assistance along with research and developmental support will be provided to Canwell Medical taking a step towards serial production and product certification.

Get Customization on this Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=248

Key players in the 3D Printing Medical Devices Market

• 3D Systems Corporation
• Biomedical Modeling Inc.
• Carbon, Inc.
• General Electric Company
• Envision TEC GmbH
• Materialise NV
• Organovo Holdings, Inc.
• Groupe Gorge SA
• Renishaw Plc
• SLM Solutions Group AG

Key Takeaways from the Market Study

• Software & services are anticipated to remain preferred among products in the global market. Revenues from software & services are expected to account for more than one-third share of the market throughout the forecast period. In addition, sales of 3D-printing materials will exhibit the highest CAGR through 2022.
• Photo polymerization is projected to remain the largest adopted technology in the global market for 3D-printing medical devices, followed by the laser beam melting technology. In addition, sales of electron beam melting technology, and three-dimensional printing technology are expected to exhibit a similar CAGR through 2022.
• On the basis of end-users, hospitals will remain dominant in the market, with sales poised to exceed revenues worth US$ 1,000 Mn by 2022-end.
• Asia-Pacific excluding Japan (APEJ) will emerge as the fastest expanding market for 3D-printing medical devices during the forecast period. In terms of revenues, North America is expected to be the most lucrative region for growth of the market.

Explore Fact.MR’s Coverage on the Healthcare Domain –

Neonatal Monitoring Equipment Market Scope - Neonatal monitoring equipment manufacturers' increased interest in providing technologically integrated and high-end solutions reflects the healthcare industry's shift toward value-based care. New neonatal monitoring equipment manufacturers' innovative technology solutions, combined with their appealing price, have prompted large corporations to broaden their product line to satisfy the needs of neonatal intensive care units (NICUs). Medtronic Plc, Natus Medical, Inc., Koninklijke Philips NV, and others are modernising their portfolios to make them more cost-effective, preserve the hospital-to-home point-of-care (PoC) continuum, and incorporate value-added services.

Heart Failure Monitoring Systems Market Insights - Heart failure monitoring systems market will be primarily driven by rising demand for healthcare services due to an increase in the number of patients as a result of ageing populations, an increase in unhealthy lifestyles, and the introduction of new advanced products for heart failure monitoring. The rise in obesity among younger people is the leading cause of heart failure, and reimbursement policies and government initiatives are driving the market for heart failure monitoring devices.

Cardiac Mapping System Market Forecast - Cardiac mapping systems are most commonly used for effective diagnosis of the wide range of arrhythmias. Precision and patient safety afforded by real-time monitoring and diagnosis time reduction features results the cardiac mapping systems market to develop at a considerable CAGR. The rise in the prevalence and rate of diagnosis of heart disorders is a primary factor driving demand for cardiac mapping devices. As people are becoming more aware of new technologies, cardiac mapping systems are becoming more popular.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
Mahendra Singh
Japan Sales Office
4-1-1 Nakano,
9F Nakano Sunplaza
Tokyo, 164-8512
Japan
E: sales@factmr.com