DELAWARE CITY, Del., June 30, 2022 (Newswire.com) - The global 3D Printed Medical Devices Market is set to experience a significant growth rate of a 16.1% CAGR from 2022 to 2028, with an estimated market value of around US $752.5 Mn in 2022. As per Future Market Insights' projections, plastic materials hold a substantial share of over 69.0% in 2021 within the global market.
North America will remain the leading market for 3D Printed Medical Device sales, whereas the market attractiveness of Asia Pacific has been rising notably.
|Data Points||Market Insights|
|Market Value 2021||US $637.1 Mn|
|Market Value 2028||US $1,839.2 Mn|
|Market Share of Top 5 Countries||73.1%|
Request a Sample at https://www.futuremarketinsights.com/reports/sample/rep-gb-1501
The market growth is primarily assisted by advancements in 3D printing technology, surging government spending in the healthcare sector, increasing usage of 3D printed medical devices for medical procedures, and relative simplification of the manufacturing process of 3D printed medical devices.
Key Takeaways - 3D Printed Medical Devices Market Study
- Although metals and alloys are most preferably used for 3D printed medical devices, biomaterial inks are expected to gain traction during the forecast period, owing to their highly biocompatible and versatile physical properties.
- PolyJet - InkJet 3D printing technology currently holds the maximum share of the 3D printed medical devices market. However, consistent development and adoption of innovative technologies may reduce the 3D printed medical devices market share of this technology during the forecast period.
- Use of 3D printing technology in orthopedic implants is shaping the future of the 3D printed medical devices market. It currently accounts for nearly half of the market value.
Ask an Analyst at https://www.futuremarketinsights.com/ask-question/rep-gb-1501
Scope of the Report
|Historical Data Available for||2014-2021|
|Market Analysis||US$ Mn for Value|
|Key Regions Covered||North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa|
|Key Countries Covered||US, Canada, Brazil, Mexico, Germany, U.K., France, Italy, Spain, Nordic, Russia, Poland BENELUX, China, India, ASEAN, Australia, New Zealand, Japan, North Africa, GCC Countries, North Africa and South Africa|
|Key Market Segments Covered||Technology, Application, Material, Distribution Channel and Region|
|Key Companies Profiled||
Demand for 3D printed medical devices in Western Europe is expected to register growth of 16.5% over the next six years, says Sabyasachi Ghosh, Principal consultant at Future Market Insights.
Source: Future Market Insights, Inc.