Today: September 24, 2017, 1:44 am
  
Health

Global 3D Printed Medical Devices Market - Global Industry Insights and Forecast 2016-2024

Global 3D Printed Medical Devices Market
Global 3D Printed Medical Devices Market
GLOBAL 3D PRINTED MEDICAL DEVICES MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016-2024

 

PR-Inside.com: 2017-09-14 12:26:31
3D Printing: Ushering in the New Era of Customized Medical Devices

3D printed medical devices are three-dimensional objects, created by attaching successive layers of objects through a 3D digital file. Such devices are highly customized to suit the patient’s unique needs, which in turn helps provide better patient outcomes. Moreover, it can also be used to develop anatomical models for medical related education and for training purposes. This is a rapidly emerging technology facilitating production of different kinds of medical products such as implants, surgical instruments, and external prosthetics. The process of 3D printed medical device manufacturing involves multiple steps. These steps depend upon the type of printing and the complexity of the equipment.


Request a sample pdf Copy of report @ www.coherentmarketinsights.com/insight/request-sample/29

Technological advancements making 3D-printed devices more affordable

Factors driving growth of the 3D printed medical devices market include rising technological advancements through development of innovative 3D printed medical equipment and increasing healthcare spending worldwide. For instance, Stratasys Ltd. is focusing on development of extensive detailed prototypes or molds made of flexible and transparent materials for detailed study of chronic diseases. Moreover, aging population also contributes towards the demand for these devices. This is primarily due to the fact that this particular demographic group is more susceptible to osteoarthritis, gangrene, as a risk of diabetes and chronic heart disorders. Rising incidence of road and other accidents is also expected to influence market growth. However, stringent regulatory framework, high cost of 3D printed devices, and low reimbursement policies are some of the factors restraining market growth for 3D printed medical devices.

Prosthetics and implants the mainstay of 3D-printed medical devices

The global 3D printed medical devices market is segmented on the basis of product type, raw material, technology, end user, and geography. On the basis of product type, the market is segmented into implants, surgical instruments, prosthetics, tissue engineering devices, and others. Implants is sub-segmented into cranial implants, orthopedic implants, and dental implants; surgical instruments is sub-segmented into scalpels, retractors, and others; tissue engineering devices is sub-segmented into bone and cartilage scaffolds and ligament and tendon scaffolds.

On the basis of raw material, the market is divided into plastics, biomaterial inks, and metal and alloys. Plastics are further divided into thermoplastics and photopolymers. Biomaterial inks include polymers, ceramics and hydrogels.

On the basis of technology, the market is segmented into Fused Deposition Modeling (FDM), Digital Light Processing (DLP), Stereolithography (SLA), Selective Laser Melting (SLM), Electron Beam Melting (EBM), Multi Jet Fusion (MJF), and others.

On the basis of end user, the market is classified into hospitals, diagnostic centers, academic institutions, and others.

Burgeoning geriatric population in Europe a highly lucrative market

Regional segmentation by Coherent Market Insights comprises North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America accounts for the largest market share, mainly due to presence of major players and early adoption of advanced medical technologies in countries such as U.S. and Canada. Europe is the second-largest market, owing to the large target population, especially comprising of elderly people, with high approval for use of 3D-printed medical devices. Growing disposable income and increasing awareness levels among the populace in Asia Pacific, along with a large population base is expected to position Asia Pacific as a high growth market in the near future.

Get discount on this report @ www.coherentmarketinsights.com/insight/request-discount/29

Stratasys Ltd. is one of the major companies for 3D printed medical devices market

Key players operating the 3D medical devices market include 3D Systems, Inc., Stratasys Ltd., EOS GmbH Electro Optical Systems, Arcam AB, FabRx Ltd., Bio3D Technologies, EnvisionTEC, Cyfuse Biomedical K.K., Concept Laser GmbH, 3T RPD, Ltd., and Prodways. Major companies in the market are constantly working towards introducing innovative products and lower production costs in order to enhance profitability. For instance, in November 2016, 3D Systems extended its anatomical modeling service aimed at including pliable MultiJet Printing (MJP) material for patient-specific 3D modelling and printing services.

Press Information
Coherent Market Insights
1001 4th Ave, #3200

Mr. Shah
CEO
2067016702
email
www.coherentmarketinsights.com/ongoing-insight/global-3d-printed ..


# 681 Words
Related Articles
More From The Author
Dengue Vaccines Market - Global Industry Insights [..]
Dengue is a mosquito-borne flavivirus debilitating disease with high prevalence in most tropical and sub-tropical regions. Dengue [..]
Biopharmaceuticals and Biomedicine Market – Global Industry [..]
Biopharmaceuticals and Biomedicine Market Introduction Biopharmaceuticals has emerged as one of the key segments holding immense [..]
Artificial Retina Market - Global Industry Insights [..]
Artificial retina market is a major breakthrough in medical devices industry, wherein many universities and leading medical devices [..]
Small Animal Imaging Market — Global Industry [..]
Small animal imaging is a technique employed using devices and reagents for imaging biological processes in animals such as [..]
Air Ambulance Services Market - Global Industry [..]
Advancements in healthcare technology along with increasing patient inclination towards faster and efficient mode of delivery has [..]
 
More From Health
FSIVF Announces Free Consultation for the Patients [..]
FSIVF has announced the facility of free consultation for the first time for the patients up to 31st October in [..]
Achieving Low Cholesterol Levels Now Possible With [..]
According to a new study, nearly nine in ten patients with high LDL cholesterol levels could improve their condition with [..]
Alternative Weight Loss Method Has Been Developed [..]
Garcinia mangostana, also known as purple mangosteen is a tropical evergreen tree believed to have originated in the Sunda Islands [..]
Invacare launch revolutionary powerchair app
In an increasingly connected world a technological gap had begun to develop between disability aids and users. Everything from [..]
Invacare introduce next generation programming to powerchairs
Global brand leader Invacare has revolutionised how powerchairs are programmed – thanks to its LiNX technology. The LiNX control [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.