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3d Printing Polymer Material Market To Garner Us$ 2,253.65 Million, Globally, By 2028 At 13.5% Cagr: The Insight Partners
The medical industry with its need for customization is one of the most important application fields for 3D printing. 3D printing technology offers patients with affordable custom prostheses, implants, and devices. This enables doctors to perform their jobs more effectively with custom tools and models. To operate correctly, different oral devices require patient-specific customization. 3D printed oral devices are more customizable, accurate and better fit for the patient without requiring extensive trimming and polishing. Hence, 3D printing technology is highly used in the creation of dental implants and crowns.
The process also produces an artificial tooth that is indistinguishable from natural teeth. The artificial tooth or crown’s shape, size, color, and position are all precisely crafted to ensure a perfect match for an individual’s smile. Hence, the growing demand for customized oral devices is expected to offer more growth opportunities for the 3D printing polymer material market.
Market Scope:
The scope of our recent study on the “3D Printing Polymer Material Market for Medical Application Forecast ...
... to 2028 – COVID-19 Impact and Global Analysis – by Material [Polyether Ether Ketone (PEEK), Polymethylmethacrylate (PMMA), Polylactic Acid (PLA), and Others] and Application (Dental and Hearing Aids)” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
3D printing technology has found various uses in the medical sector, from 3D printed surgical guides and tools to replicas of human organs for presurgical planning. Thermoplastic polymers and thermosetting polymers are used for 3D printing. Fused deposition modeling (FDM), selective laser sintering (SLS), and thermal inkjet (TIJ) printing are among the most commonly used 3D printer technologies in medical applications.
Impact of COVID-19 Pandemic on 3D Printing Polymer Material Market for Medical Application
Prior to the COVID-19 pandemic, the 3D printing polymer material market for medical application was growing due to the high demand for hearing aid devices and other medical devices. However, due to the pandemic, there was unprecedented rise in the number of COVID-19 cases across the globe. The difficulties faced by manufacturers in the procurement of raw materials and the subsequent shutdown of manufacturing facilities hampered the growth of the various markets. The 3D printing polymer material market for medical application also experienced the tremors of the disturbed supply chains and limited operational efficiencies
Market segmentation of the global 3D printing polymer material market for medical application as follows:
• Based on material, the global 3D printing polymer material market for medical application is segmented into polyether ether ketone, polymethylmethacrylate, polylactic acid, and others. Based on application, the market is segmented into dental and hearing aids. The market for the dental segment is further segmented into dental implants, dental prosthetics, implant accessories, and others.
• By geography, the 3D printing polymer material market for medical application is broadly segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America. The market in North America is subsegmented into the US, Canada, and Mexico. The European 3D printing polymer material market for medical application is further segmented into Germany, France, the UK, Italy, Russia, and the rest of Europe. The Asia Pacific market is subsegmented into China, India, Japan, Australia, South Korea, and the rest of Asia Pacific.
• The Middle East & Africa (MEA) 3D printing polymer material market for medical application is further segmented into South Africa, Saudi Arabia, the UAE, and the rest of MEA. The market in South & Central America is subsegmented into Brazil, Argentina, and the rest of South & Central America.
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