3D Printing Medical Devices Market to Grow at a CAGR of 17.80% Globally by 2023

Global 3D Printing Medical Devices market  that picked up a higher benefit of USD 0.84 Billion by the year 2017 presently set to achieve USD 2.21 Billion over the forecast period till 2023 growing at a CAGR of 17.80%. Aim of the 3D Printing Medical Devices market report is to examine most recent market inclination that will reach in next 5 years. The prevailing factors such as dominant market segments, market share, size of the 3D Printing Medical Devices market and the leading makers that can upgrowth the 3D Printing Medical Devices market is likewise considered in this report.

The report also focuses on the significant events of the 3D Printing Medical Devices industry such as mergers & acquisitions, product acquittance along with the major key players involved in the 3D Printing Medical Devices market. It additionally indicates, cautions, and challenges faced by the leading manufacturers of the 3D Printing Medical Devices industry.

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The entire report is divided into following categories:

3D Printing Medical Devices market segmentation based on top manufacturers: Arcam AB, SLM Solutions Group AG, 3T RPD Ltd., EOS GmbH Electro Optical Systems, Envisiontec GmbH, Renishaw plc, Prodways Group, Organovo Holdings Inc., Stratasys Ltd., Concept Laser GmbH, Carbon Inc., Anatomics Pty Ltd., Biomedical Modeling Inc., Materialise NV and 3D Systems Corporation

3D Printing Medical Devices market segmentation type-based:  Photopolymerization, Three-Dimensional Printing (3DP) Or Adhesion Bonding? Or Binder Jetting, Droplet Deposition Or Extrusion-Based Technologies, Electron Beam Melting, and Laser Beam Melting

3D Printing Medical Devices market segmentation application-based:  Dental Restorations, Porous Scaffolds, Implants, Manufacturing Surgical Guides and Prosthetics

Major Regions upbringing the market are: North America, Europe, Latin America, The Middle East, United Kingdom, Asia-Pacific and Africa

Real preferences of the Global 3D Printing Medical Devices Market report:

— In-depth analysis and different strategies that will empower players to remain aspiring in the 3D Printing Medical Devices market.

Episodic examination of certain parts of the 3D Printing Medical Devices market in order to expand the development level in coming years.

— An thorough examination of 3D Printing Medical Devices key players that are responsible for growth of the market.

Major intuitions of the 3D Printing Medical Devices industry:

The 3D Printing Medical Devices report particularly underscores on productiveness, improved approach and manufacturing information along with network and accomplishments in 3D Printing Medical Devices market. Utilization of the product results in various areas is the latest trend of the 3D Printing Medical Devices market.

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Following are the some FAQ’s that may emerge into vendors mind whenever they explore the 3D Printing Medical Devices industry.

* What are the 3D Printing Medical Devices current market pattern?

* What difficulties the 3D Printing Medical Devices key players face while developing their business?

* Who are the significant merchants in the 3D Printing Medical Devices market?

* What are the 3D Printing Medical Devices strengths and inclination of the key dealers?

At the completion of this 3D Printing Medical Devices report, a competitive situation is being discussed to compile business growth, revenue, and profit of the 3D Printing Medical Devices industry. Considerable developments and contraptions will compensate top players of the 3D Printing Medical Devices industry to plan vital business approaches and strategies. The research findings and results mentioned at the end of 3D Printing Medical Devices market report helps business people, and colleagues to bring about all the opportunities and take vital determinations in upcoming years.

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$46.50 Mn Expected for Global 3D Printing Gases Market at 9.75% CAGR by 2022

Global 3D printing gases market is expected to reach USD 46.50 million in 2021, growing at a CAGR of 9.75% during 2016 and 2021.

This press release was orginally distributed by SBWire

Sarasota, FL — (SBWIRE) — 02/14/2017 — Zion Market Research has published a new report titled “3D Printing Gases Market (Argon, Nitrogen and Gas Mixture), By Technology (Stereo lithography, Laser Sintering, Poly-Jet Technology and Others), By End-user (Design & Manufacturing, Healthcare, Consumer Products, and Others): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021″. According to the report, global demand for 3D printing gases market was valued at USD 25.85 million in 2015, is expected to reach USD 46.50 million in 2021 and is anticipated to grow at a CAGR of around 9.75% between 2016 and 2021.

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3D printing is a type of additive manufacturing technology where a three-dimensional object is produced by placing successive layers of material to create the final product. 3D printing is also referred as rapid prototyping method. This method is an automated method whereby 3D objects are rapidly made on a reasonably sized machine connected to a computer including the blueprint for the object.The 3D printing method saves time and cost with the use of inkjet technology. Product formation is presently the main application of 3D printing technology. In Medical Field, doctors are using 3D printing machines to print body parts for reference prior to complicated surgeries. Other machines are used to build bone grafts for patients who have undergone painful injuries.

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The global 3Dprinting gases market is mainly driven by the technical advancement and industrialisation coupled with an increasing population in developing regions.Growing demand in various applications such as design & manufacturing, healthcare, consumer products, and others is another driving factor that is expected to boost the 3D printing gas market during the years to come. Design & manufacturing sector is anticipated to have the largest market share and dominate the 3D printing gases market during the forecast period.In addition, the market will also develop due to an increase in investment in research & development for the technologies of 3D printing. Furthermore, growing demand for 3D printing in emerging economies coupled with technological advancement is likely to open new opportunities for 3D printing gases market in near future.

Based on types of 3D printing gases, the market is segmented into categories such as argon, nitrogen, and gas mixtures. Among all, the argon gas was leading segment and it accounted for significant share of entire global 3Dprinting gases market in 2015. The gas mixture segment is expected to grow at the fastest growth rate in years to come.

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On the basis of technology, the global 3D printing market segmented into stereolithography, laser sintering, poly-jet technology, and others.Laser sintering was one of the leading technologies of global 3D printing gases market and accounted for largest share of the total revenue generated in 2015.On the basis of the end user, 3D printing gases market is segmented into design & manufacturing, healthcare, consumer products, and others. Design & manufacturing, healthcare are the major segments and expected to be the fastest growing segment in forthcoming years.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. North America dominated the 3D printing gases market and accounted for largest share of the global market in 2015. North America was followed by Europe in terms of overall revenue generated. The 3D printing gases market in Asia-Pacific region is expected to exhibit significant growth owing to the growth of the design & manufacturing and health care industry and rising population in this region.

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Latin America and the Middle East & Africa are also expected to experience decent growth of 3Dprinting gases market within the forecast period.

Some of the key players involved in global 3D printing market include Air Products and Chemicals Inc, BASF SE, The Linde Group, Air Liquide S.A., Messer Group, Airgas Inc. and among others.

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3D printed medical device market to reach $279.8M in 2016 with CAGR of 17.5% over 10 years

Nov 14, 2016 | By Tess

According to a recent report put out by marketing research firm Future Market Insights, the global 3D printed medical device market is expected to reach $279.6 million in 2016 and grow at a Compound Annual Growth Rate (CAGR) of 17.5% over the next 10 years. The report, which estimated a $238 million market in 2015, attributes the significant growth to a number of factors, including the increase in certain medical disorders, increased personal care awareness, a growing geriatric population, and more.

The report, called “3D Printed Medical Devices Market: Global Industry Analysis and Opportunity Assessment, 2016–2026,” has broken the 3D printed medical device market into six different segments based on the type of additive manufacturing technology used. They are stereolithography (SLA), selective laser sintering (SLS), digital light processing (DLP), fused deposition modelling (FDM), polyjet/inkjet 3D printing, and electronic beam melting (EBM). Of course, within the medical field, each 3D printing technology has its own level of importance and suitability for certain applications, such as the manufacturing of prosthetics, implants, orthopaedics, and dental devices.

In terms of the different segments, SLS 3D printing technology demonstrated the highest revenue share within the market in 2015 and is expected to reach a value of $230 million by the year 2026 with a CAGR of 15.3%. Over the forecast period, however, polyjet printing technologies are expected to grow significantly as well, even surpassing all other segment categories.

The report also addresses the various 3D printing materials used for manufacturing medical devices, including resins, plastics, and certain metals. Among them, the plastics material segment showcased the highest revenue share, with a projected value of $984.7 million by 2026 and a CAGR of 17.2%.

As expected, the report lists orthopaedic implants as the most significant application within the 3D printed medical device market, as it accounted for the highest revenue share compared to other applications. With an expected value of $643.5 million by 2026, the orthopaedic implant sector has a projected CAGR growth rate of 19.9%. According to the report, the hospital end user distribution channel was listed as most important in terms of having the highest demand compared to other distribution channel categories such as ambulatory surgical centers and diagnostic centers.

Like the 3D bioprinting market, the 3D printed medical device market is currently dominated by North America, where it has proved most lucrative. According to the report, the North American 3D printed medical devices market accounted for $105 million of revenue in 2015, a number which is expected to grow. Similarly, while not as high, revenues across Western and Eastern Europe and the Asia-Pacific region are also expected to rise. For instance, Western Europe is expected to see a CAGR of $18.5%, while Eastern Europe should expect a CAGR of 15.6% over the next ten years.

Among the companies making a mark in the growing 3D printed medical device market are industry giants like 3D Systems, Inc., Stratasys Ltd., Arcam AB, FabRx Ltd., EOS GmbH Electro Optical Systems, EnvisionTEC. These companies and others are collectively and individually working towards breaking down existing barriers within the 3D printing medical device market, such as material limitations, build size restrictions, and overall costs.

As demand for custom, high-quality, and affordable medical devices grows, there is little doubt that 3D printing will continue to grow as a viable option for medical device manufacturing.

Posted in 3D Printing Technology

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Multiple applications fueling the 3D printing market to grow at CAGR of 16.8% from 2013 to 2019

Transparency Market Research, U.S.-based market intelligence firm recently published a report titled “Global 3D Printing Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019”.

According to the report, the global 3D printing market was worth US$2,200 million in 2012 and is expected to grow at a rapid pace during the forecast period, registering a CAGR of 16.8% from 2013 to 2019. The report assesses the global 3D printing market with special focus on geographical segmentation, technologies involved, and applications.

3D printing refers to additive manufacturing that uses the process of layering printing material in order to create 3D objects.

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To put it simply, 3D printing is a technology that makes three dimensional objects from a digital file.

The output is achieved through an additive process which cleverly places thinly-sliced horizontal cross-sections made out of 3D printing material, one on top of the other until the desired object is created. The salient features of 3D printing are translation of code into visible pattern, material cartridges, and flexibility of output.

Though the 3D printing market is still in a nascent stage, analysts predict it will successfully catch up with a frenzied fervor as several industries are adopting this technology. The biggest advantage 3D printing offers its users is the elimination of expensive tools, molding, and labor as objects can be customized as per need.

3D printing has also enabled users to cut down on material wastage, create high-performance products as compared to traditional manufacturing, and improve efficiency by saving time.

Three-dimensional printing technology has found apt usage in rapid prototyping, customization, expediting manufacturing processes, and mass production of certain items. As the manufacturing industry holds a promise of robust growth in a recovering economy, the need for 3D printing is only going to rise.

In the coming years, 3D printing will have a huge impact on the commercial and personal application segment.

The global 3D printing market is segmented on the basis of its usage, the technology it uses, its application in various industries, and geography. On the basis of use, the global 3D printing market is divided into commercial and personal.

The technology segment is inclusive of polyjet, FDM, SLS, SLA, and others. 3D printing is being popularly used in industries such as automotive, medical, consumer products and electronics, aerospace, architecture, education, and others.

Geographically, the global 3D printing market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

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One of the important growth drivers for the global 3D printing market is the increasing use of this technology in the aforementioned applications, with special focus on the automotive, consumer products, and medical sectors. In addition, as more and more users now have access to 3D printing services or 3D printers, the usage of this technology for personal use is also on a rise.

Despite such strong reasons for growth, the global 3D printing market faces certain restraints. A huge limitation for the growth of this market is the infringement of intellectual property while duplicating a certain product.

Some of the lucrative opportunities for 3D printing market would be to tie up with manufacturers who want to strategize by customizing products such as in the automobile sector or healthcare field.

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