Global 3D Printing in Medical Devices Market is expected to reach $7.2bn by 2031 growing at a CAGR of 16.8% between 2021-2031.
Global 3D Printing Medical Devices Market report from Global Insight Services is the single authoritative source of intelligence on 3D Printing Medical Devices Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Market Overview
3D printing is a type of additive manufacturing. There are various types of additive manufacturing, but the terms 3D printing and additive manufacturing are often used mutually. 3D printing is a process that generates a three-dimensional object by constructing successive layers of raw material. Every new layer is attached to the previous one until the entity is complete. Objects are generated from a digital 3D file, such as a computer-aided design (CAD) drawing or a Magnetic Resonance Image (MRI).
Market Drivers
Rising public-private funding for 3D printing activities
In recent times, there has been a significant rise in public-private funding to support various initiatives in the 3D printing industry such as research and funding activities that are likely to boost the development of 3D printing products and technologies, thereby fuelling the growth of the 3D printing medical devices market. For instance, in September 2020, nTopolgy raised $40M to drive the future of engineering.
Market Segments
By Component
- 3D Printing Equipment
- Materials
- Plastics
- Metal and Metal Alloy Powders
- Biomaterials
- Other
- Services and Software
By Technology
- Photopolymerization
- Digital Light Processing
- Droplet Deposition (DD) Or Extrusion-Based Technologies
- Fused Deposition Modeling (FDM)
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Key Players
- Stratasys Ltd.
- 3D Systems Corporation
- Materialise NV
- Envisiontec GmbH
- Eos GmbH Electro Optical Systems
- Renishaw PLC.
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