3d Printing Medical Device Market Is Anticipated To Grow At A Cagr Of 36% During 2020-2026

By Author: Lucintel LLC
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The global 3D printing medical device market is projected to reach $4.5 billion by 2026, at a CAGR of 36% during 2020-2026. The growth of 3D printing medical device market is driven by technological advancements, rising prevalence of osteoarthritis, and increasing public-private funding for 3D printing activities.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the 3D printing medical device market by technology (laser beam melting, photo polymerization, electron beam melting, droplet deposition, and three-dimensional printing (3DP)), component (equipment, materials (plastic, ceramic, and metal), software & services, and others), application (surgical guides, surgical instruments, prosthetics and implants, tissue engineering products, and others), end use (medical and surgical centers, pharmaceutical & biotechnology, and academic institutions), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks ...
... and threats to the 3D printing medical device market?
Q.4 What are some changing demands of customers in the 3D printing medical device market?
Q.5 What are the new developments in the 3D printing medical device market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this 3D printing medical device area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this 3D printing medical device market?
Emerging trends, which have a direct impact on the dynamics of the industry, include usage of human tissues in medical 3d printing and introduction of titanium in 3D printing of medical implants.

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Market Segmentation:
Based on technology, the 3D printing medical device market is segmented into laser beam melting, photo polymerization, electron beam melting, droplet deposition, and three-dimensional printing (3DP). The photo polymerization segment is expected to register the highest CAGR during the forecast period, due to widespread application of this technology across the medical industry, such as manufacturing surgical guides (orthopedic and dental), prosthetics and implants, porous scaffolds, and dental restorations.
North America is expected to be the largest region during the forecast period mainly due to the rapid adoption of this technology, established medical infrastructure, and ongoing R&D activities. APAC is likely to witness the highest growth over the forecast period due to establishment of new 3D printing research, training, and education centers, and growing efforts by leading market players for expanding their distribution networks in emerging Asian countries.
Key Players in the 3D printing medical device market are 3D Systems Corporation, Stratasys, GE Healthcare, Materialise NV, and Renishaw.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/3d-printing-medical-device-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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