Sunday, March 26, 2023
  • About Us
  • Contact Us
KsaWeekly.com
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Middle East
  • Press Release
Submit a News Release
No Result
View All Result
KsaWeekly.com
Submit PR
Home Press Release

3D Printing Medical Devices Market worth $5.1 billion by 2026

Press Room by Press Room
November 4, 2022
in Press Release
Share on FacebookShare on Twitter


(EMAILWIRE.COM, November 04, 2022 ) Projected Revenue Surge:

The 3D Printing Medical Devices market is projected to reach USD 5.1 billion by 2026 from USD 2.4 billion in 2021, at a CAGR of 16.3% during the forecast period.

Major Growth Influencing Factors:

Continued expansion of in-house 3D printing capabilities among hospitals, greater industry-academia collaborations to develop novel biomaterials & ceramics for 3D printing, and greater demand for customized 3D printed medical implants are key factors driving the growth of the 3D Printing Medical Devices market.

The software and services segment to lead with a high revenue share during the forecast period

Based on the component, the 3D Printing Medical Devices market is segmented into equipment, materials, and software & services. the software & services segment held a major share of the market in 2020. The increase in the number of training activities focusing on the developing expertise of healthcare professionals on 3D printing technology is a key factor encouraging the growth of this segment during the forecast period.

Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90799911

Based on application, the custom prosthetics and implants segment is expected to account for the largest share of the 3D Printing Medical Devices market in 2022

Based on application, the 3D Printing Medical Devices market has been segmented into surgical guides, surgical instruments, standard prosthetics and implants, custom prosthetics and implants, tissue-engineered products, hearing aids, wearable medical devices/implantable medical devices, and other medical devices. Among these, custom prosthetics and implants sub-segment dominated the market in 2020. The major share of the segment is attributed to the growing number of orthopaedic and CMF procedures.

The laser beam melting segment is expected to register the highest growth rate during the forecast period

Based on technology, the 3D Printing Medical Devices market has been segmented into electron beam melting (EBM), laser beam melting (LBM), photopolymerization, droplet deposition or extrusion-based technologies, three-dimensional printing (3DP) or adhesion bonding, and other technologies. Significant market growth and a large share of laser beam melting (LBM) segment can primarily be attributed to the availability of printer in desktop and production grade configurations to cater to hospitals, medical devices OEMS, and physician clinics.

Geographical Growth Dynamics:

North America is expected to dominate the global 3D Printing Medical Devices market in 2020

North America, comprising the US and Canada, accounted for the largest share of the 3D Printing Medical Devices market in 2020. Increasing number of vendors manufacturing 3D Printing Medical Devices and a growing number of approvals for 3D Printing Medical Devices are the major factors driving market growth in North America. Customers in North America are moving towards outsourcing for curbing manufacturing expense, which is increasing demand for 3D Printing Medical Devices. This trend will have a positive impact on the 3D Printing Medical Devices market.

Global Key Players:

Stratasys Ltd. (US & Israel), 3D Systems Corporation (US), GE Additive (US), Materialise NV (Belgium), Renishaw plc (UK), SLM Solutions Group AG (Germany), Desktop Metal, Inc. (US), Prodways Group (France), Carbon, Inc. (US), CELLINK (Sweden), Organovo Holdings, Inc. (US), EOS (Electro Optical Systems) GmbH (Germany), Biomedical Modeling, Inc. (US), Formlabs, Inc. (US), 3T Additive Manufacturing Ltd. (UK), DENTSPLY Sirona, Inc. (US), DWS Systems SRL (Italy), Roland DG (Japan), HP, Inc. (US), and regenHU (Switzerland) among others are some of the major players operating in the global 3D Printing Medical Devices market.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=90799911

Read More About the Related Topics, Here:

Medical Aesthetics Market – Emerging Trends & Global Future Forecasts to 2027

Medical Equipment Maintenance Market – Emerging Trends & Global Future Forecasts to 2027

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com



Source link

Previous Post

Philippians: A Preacher’s Commentary: With Reference to the Greek Text

Next Post

المعرض G60 رافائيل سكاي سيتي قيد الإنشاء في ممر صناعي عالمي المستوى

RECOMMENDED NEWS

Mauritanian president and Saudi foreign minister discuss development, economic ties

9 months ago
Globitel’s SpeechLog Retail solution adopted by one of Kuwait’s largest telecom operators in record-fast roll-out

Globitel’s SpeechLog Retail solution adopted by one of Kuwait’s largest telecom operators in record-fast roll-out

1 month ago

Patient Registry Software Market Worth 1.49 Billion USD By 2023

8 months ago

Pea Protein Isolate Market Worth $542.9 Million by 2029

8 months ago

BROWSE BY CATEGORIES

  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Release
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Saudi Arabia’s NuqtahNFT and ConsenSys partner to empower Web 3 startups

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    0 shares
    Share 0 Tweet 0

KSA Weekly™ publishes and aggregates business, socio-economic, Tech and industrial news on Saudi Arabia, Middle East and North Africa (MENA).

We provide press release distribution to media in the Kingdom of Saudi Arabia, the Arab world and the GCC/MENA regions. To send your press release, contact us today.

Recent News

Recent Posts
  • The Dhahab Sports Web 3.0 is going to be the biggest sports digital asset launching for 2023
  • BZR on Coinstore – a Significant Milestone for Bazaars
  • Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.
  • Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East
  • French-speaking Saudis host cultural night in Jeddah – Arab News

Category

News

Business

Finance

Technology

Lifestyle

Middle East

Press Releases

Subscribe to Our Newsletter

    KSA Weekly ™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Middle East
    • Press Release

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.