Global 3D Printing Medical Device Market Outlook 2027
Global 3D Printing Medical Device Market Analysis – 2018-2027
3D Printing technology has multiple applications, and the fastest-growing innovation in the medical sector has been represented by the advent of the 3D printing itself. Several medical devices are manufactured using 3D printing which include surgical instruments, orthopedic and cranial implants, external prosthetics, and dental restorations such as crowns. Manufacturers of medical devices must refer to FDA guidance documents and Quality Systems regulations for more information on specific applications. The global 3D printing medical device market is anticipated to grow at a CAGR of around 17%% during the forecast period, i.e. 2019-2026. Factors such as growing advancement in healthcare infrastructure, increasing expenditure of the government for the development of healthcare industry along with the rising demand for organ transplant amongst individuals around the globe are anticipated to contribute significantly towards the growth of the global 3D printing medical device market. Additionally, increasing utilization of 3D printing medical devices in the healthcare industry owing to the numerous benefits associated to the utilization of the devices in the industry, coupled with the increasing geriatric population around the world, which demands a greater share of organ implants, are some of the factors anticipated to drive the growth of the global 3D printing medical device market.
The global 3D printing medical device market consists of various segments that are segmented by technology, by component, by type and by region. The component segment is sub-divided into equipment, materials and software & services. Out of these, the equipment segment, which had a market value of around USD 340 million in the year 2017 is anticipated to grow with the CAGR of around 16% during the forecast period. Additionally, the software & services segment is anticipated to grow with the highest CAGR of around 19% during the forecast period.
Based on region, the global 3D printing medical device market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The Asia Pacific 3D printing medical device market, which was valued at around USD 177 million in the year 2017 is anticipated to attain an absolute $ opportunity of around USD 600 million during the assessment period by growing at the highest CAGR of around 19% during the forecast period.
Some of the affluent industry leaders in the global 3D printing medical device market are Prodways Group, Formlabs, Stratasys Ltd., 3D Systems, Inc., Materialise NV, Organovo Holdings, Inc., Renishaw plc, Envisiontec, Inc., EOS GmbH and General Electric.
3D Printing technology has multiple applications, and the fastest-growing innovation in the medical sector has been represented by the advent of the 3D printing itself. Several medical devices are manufactured using 3D printing which include surgical instruments, orthopedic and cranial implants, external prosthetics, and dental restorations such as crowns. Manufacturers of medical devices must refer to FDA guidance documents and Quality Systems regulations for more information on specific applications. The global 3D printing medical device market is anticipated to grow at a CAGR of around 17%% during the forecast period, i.e. 2019-2026. Factors such as growing advancement in healthcare infrastructure, increasing expenditure of the government for the development of healthcare industry along with the rising demand for organ transplant amongst individuals around the globe are anticipated to contribute significantly towards the growth of the global 3D printing medical device market. Additionally, increasing utilization of 3D printing medical devices in the healthcare industry owing to the numerous benefits associated to the utilization of the devices in the industry, coupled with the increasing geriatric population around the world, which demands a greater share of organ implants, are some of the factors anticipated to drive the growth of the global 3D printing medical device market.
The global 3D printing medical device market consists of various segments that are segmented by technology, by component, by type and by region. The component segment is sub-divided into equipment, materials and software & services. Out of these, the equipment segment, which had a market value of around USD 340 million in the year 2017 is anticipated to grow with the CAGR of around 16% during the forecast period. Additionally, the software & services segment is anticipated to grow with the highest CAGR of around 19% during the forecast period.
Based on region, the global 3D printing medical device market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The Asia Pacific 3D printing medical device market, which was valued at around USD 177 million in the year 2017 is anticipated to attain an absolute $ opportunity of around USD 600 million during the assessment period by growing at the highest CAGR of around 19% during the forecast period.
Some of the affluent industry leaders in the global 3D printing medical device market are Prodways Group, Formlabs, Stratasys Ltd., 3D Systems, Inc., Materialise NV, Organovo Holdings, Inc., Renishaw plc, Envisiontec, Inc., EOS GmbH and General Electric.
Global 3D Printing Medical Device Market
1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP DOWN APPROACH
2.10 RESEARCH FLOW
2.11 DATA SOURCES
3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
3.2 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
3.3 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET, BY TECHNOLOGY (USD MILLION)
3.4 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET, BY COMPONENT (USD MILLION)
3.5 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET, BY TYPE (USD MILLION)
3.6 FUTURE MARKET OPPORTUNITIES
3.7 GLOBAL MARKET SPLIT
4 MARKET OUTLOOK
4.1 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET OUTLOOK
4.2 MARKET DRIVERS
4.2.1 INCREASING APPLICATIONS OF 3D PRINTING IN HEALTHCARE SECTOR
4.2.2 GROWTH IN THE AGEING POPULATION WORLDWIDE
4.3 MARKET RESTRAINTS
4.3.1 STRINGENT REGULATORY CONCERNS
4.3.2 HIGH CAPITAL INVESTMENT AND RUNNING COST
5 MARKET, BY TECHNOLOGY
5.1OVERVIEW
5.2LASER BEAM MELTING
5.2.1DIRECT METAL LASER SINTERING
5.2.2SELECTIVE LASER SINTERING
5.2.3LASERCUSING
5.2.4SELECTIVE LASER MELTING
5.3PHOTOPOLYMERIZATION
5.3.1DIGITAL LIGHT PROCESSING
5.3.2CONTINUOUS LIQUID INTERFACE PRODUCTION
5.3.3STEREOLITHOGRAPHY
5.3.4TWO-PHOTON POLYMERIZATION (2PP)
5.3.5POLYJET 3D PRINTING TECHNOLOGY
5.4 ELECTRON BEAM MELTING
5.5 DROPLET DEPOSITION OR EXTRUSION-BASED TECHNOLOGIES
5.5.1FUSED DEPOSITION MODELING (FDM)
5.5.2MULTIPHASE JET SOLIDIFICATION
5.5.3LOW-TEMPERATURE DEPOSITION MANUFACTURING
5.6THREE-DIMENSIONAL PRINTING (3DP) OR ADHESION BONDING OR BINDER JETTING
6 MARKET, BY COMPONENT
6.1OVERVIEW
6.2EQUIPMENT
6.2.13D PRINTER
6.2.23D BIOPRINTER.
6.3MATERIALS
6.3.1PLASTIC
6.3.1.1THERMOPLASTIC
6.3.1.2PHOTOPOLYMER
6.3.2METAL AND METAL ALLOY POWDER
6.3.3BIO PRINTING BIOMATERIALS.
6.3.4OTHERS
6.3.4.1CERAMICS
6.3.4.2PAPER
6.3.4.3WAX
6.4SERVICES AND SOFTWARE
7 MARKET, BY TYPE
7.1OVERVIEW
7.2SURGICAL GUIDELINES
7.2.1DENTAL GUIDES
7.2.2CRANIOMAXILLOFACIAL GUIDES
7.2.3ORTHOPEDIC GUIDES
7.3SURGICAL INSTRUMENTS.
7.3.1SURGICAL FASTENERS
7.3.2SCALPELS
7.3.3RETRACTORS
7.4PROSTHETICS AND IMPLANTS
7.4.1STANDARD IMPLANTS
7.4.2CUSTOM IMPLANTS
7.4.2.1CUSTOM ORTHOPEDIC IMPLANTS
7.4.2.2CUSTOM DENTAL IMPLANTS.
7.4.2.3CUSTOM CRANIOMAXILLOFACIAL IMPLANTS
7.5TISSUE ENGINEERING PRODUCTS
7.5.1BONE AND CARTILAGE SCAFFOLDS
7.5.2LIGAMENT AND TENDON SCAFFOLDS
8 MARKET, BY GEOGRAPHY
8.1OVERVIEW
8.2NORTH AMERICA
8.2.1U.S.
8.2.2CANADA
8.2.3MEXICO
8.3EUROPE
8.3.1GERMANY
8.3.2FRANCE
8.3.3UK
8.3.4REST OF THE EUROPE
8.4ASIA PACIFIC
8.4.1CHINA
8.4.2INDIA
8.4.3JAPAN
8.4.4REST OF ASIA PACIFIC
8.5ROW
8.5.1MIDDLE EAST & AFRICA
8.5.2LATIN AMERICA.
8.5.2.1Brazil
8.5.2.2Argentina
8.5.2.3Rest of Latin America
9 COMPETITIVE LANDSCAPE
9.1OVERVIEW
9.2COMPETITIVE SCENARIO
9.3COMPANY RANKING ANALYSIS
10 COMPANY PROFILES
10.1STRATASYS LTD.
10.1.1COMPANY OVERVIEW
10.1.2COMPANY INSIGHTS.
10.1.3SEGMENT BREAKDOWN
10.1.4PRODUCT BENCHMARKING
10.1.5KEY DEVELOPMENT
10.1.6SWOT ANALYSIS
10.23D SYSTEMS, INC.
10.2.1COMPANY OVERVIEW
10.2.2COMPANY INSIGHTS.
10.2.3SEGMENT BREAKDOWN
10.2.4PRODUCT BENCHMARKING
10.2.5KEY DEVELOPMENT
10.2.6SWOT ANALYSIS
10.3MATERIALISE NV
10.3.1COMPANY OVERVIEW
10.3.2COMPANY INSIGHTS.
10.3.3SEGMENT BREAKDOWN
10.3.4PRODUCT BENCHMARKING
10.3.5KEY DEVELOPMENT
10.3.6SWOT ANALYSIS
10.4ORGANOVO HOLDINGS, INC
10.4.1COMPANY OVERVIEW
10.4.2COMPANY INSIGHTS
10.4.3PRODUCT BENCHMARKING
10.4.4KEY DEVELOPMENTS
10.5RENISHAW PLC
10.5.1COMPANY OVERVIEW
10.5.2COMPANY INSIGHTS
10.5.3SEGMENT BREAKDOWN
10.5.4PRODUCT BENCHMARKING
10.5.5KEY DEVELOPMENTS
10.6FORMLABS
10.6.1COMPANY OVERVIEW
10.6.2COMPANY INSIGHTS
10.6.3PRODUCT BENCHMARKING
10.6.4KEY DEVELOPMENTS
10.7ENVISIONTEC, INC
10.7.1COMPANY OVERVIEW
10.7.2COMPANY INSIGHTS
10.7.3PRODUCT BENCHMARKING
10.8PRODWAYS GROUP
10.8.1COMPANY OVERVIEW
10.8.2COMPANY INSIGHTS
10.8.3SEGMENT BREAKDOWN
10.8.4PRODUCT BENCHMARKING
10.8.5KEY DEVELOPMENT
10.9EOS GMBH
10.9.1COMPANY OVERVIEW
10.9.2COMPANY INSIGHTS
10.9.3PRODUCT BENCHMARKING
10.10ARCAM EBM.
10.10.1COMPANY OVERVIEW
10.10.2PRODUCT BENCHMARKING
1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP DOWN APPROACH
2.10 RESEARCH FLOW
2.11 DATA SOURCES
3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
3.2 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET GEOGRAPHICAL ANALYSIS (CAGR %)
3.3 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET, BY TECHNOLOGY (USD MILLION)
3.4 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET, BY COMPONENT (USD MILLION)
3.5 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET, BY TYPE (USD MILLION)
3.6 FUTURE MARKET OPPORTUNITIES
3.7 GLOBAL MARKET SPLIT
4 MARKET OUTLOOK
4.1 GLOBAL 3D PRINTING MEDICAL DEVICES MARKET OUTLOOK
4.2 MARKET DRIVERS
4.2.1 INCREASING APPLICATIONS OF 3D PRINTING IN HEALTHCARE SECTOR
4.2.2 GROWTH IN THE AGEING POPULATION WORLDWIDE
4.3 MARKET RESTRAINTS
4.3.1 STRINGENT REGULATORY CONCERNS
4.3.2 HIGH CAPITAL INVESTMENT AND RUNNING COST
5 MARKET, BY TECHNOLOGY
5.1OVERVIEW
5.2LASER BEAM MELTING
5.2.1DIRECT METAL LASER SINTERING
5.2.2SELECTIVE LASER SINTERING
5.2.3LASERCUSING
5.2.4SELECTIVE LASER MELTING
5.3PHOTOPOLYMERIZATION
5.3.1DIGITAL LIGHT PROCESSING
5.3.2CONTINUOUS LIQUID INTERFACE PRODUCTION
5.3.3STEREOLITHOGRAPHY
5.3.4TWO-PHOTON POLYMERIZATION (2PP)
5.3.5POLYJET 3D PRINTING TECHNOLOGY
5.4 ELECTRON BEAM MELTING
5.5 DROPLET DEPOSITION OR EXTRUSION-BASED TECHNOLOGIES
5.5.1FUSED DEPOSITION MODELING (FDM)
5.5.2MULTIPHASE JET SOLIDIFICATION
5.5.3LOW-TEMPERATURE DEPOSITION MANUFACTURING
5.6THREE-DIMENSIONAL PRINTING (3DP) OR ADHESION BONDING OR BINDER JETTING
6 MARKET, BY COMPONENT
6.1OVERVIEW
6.2EQUIPMENT
6.2.13D PRINTER
6.2.23D BIOPRINTER.
6.3MATERIALS
6.3.1PLASTIC
6.3.1.1THERMOPLASTIC
6.3.1.2PHOTOPOLYMER
6.3.2METAL AND METAL ALLOY POWDER
6.3.3BIO PRINTING BIOMATERIALS.
6.3.4OTHERS
6.3.4.1CERAMICS
6.3.4.2PAPER
6.3.4.3WAX
6.4SERVICES AND SOFTWARE
7 MARKET, BY TYPE
7.1OVERVIEW
7.2SURGICAL GUIDELINES
7.2.1DENTAL GUIDES
7.2.2CRANIOMAXILLOFACIAL GUIDES
7.2.3ORTHOPEDIC GUIDES
7.3SURGICAL INSTRUMENTS.
7.3.1SURGICAL FASTENERS
7.3.2SCALPELS
7.3.3RETRACTORS
7.4PROSTHETICS AND IMPLANTS
7.4.1STANDARD IMPLANTS
7.4.2CUSTOM IMPLANTS
7.4.2.1CUSTOM ORTHOPEDIC IMPLANTS
7.4.2.2CUSTOM DENTAL IMPLANTS.
7.4.2.3CUSTOM CRANIOMAXILLOFACIAL IMPLANTS
7.5TISSUE ENGINEERING PRODUCTS
7.5.1BONE AND CARTILAGE SCAFFOLDS
7.5.2LIGAMENT AND TENDON SCAFFOLDS
8 MARKET, BY GEOGRAPHY
8.1OVERVIEW
8.2NORTH AMERICA
8.2.1U.S.
8.2.2CANADA
8.2.3MEXICO
8.3EUROPE
8.3.1GERMANY
8.3.2FRANCE
8.3.3UK
8.3.4REST OF THE EUROPE
8.4ASIA PACIFIC
8.4.1CHINA
8.4.2INDIA
8.4.3JAPAN
8.4.4REST OF ASIA PACIFIC
8.5ROW
8.5.1MIDDLE EAST & AFRICA
8.5.2LATIN AMERICA.
8.5.2.1Brazil
8.5.2.2Argentina
8.5.2.3Rest of Latin America
9 COMPETITIVE LANDSCAPE
9.1OVERVIEW
9.2COMPETITIVE SCENARIO
9.3COMPANY RANKING ANALYSIS
10 COMPANY PROFILES
10.1STRATASYS LTD.
10.1.1COMPANY OVERVIEW
10.1.2COMPANY INSIGHTS.
10.1.3SEGMENT BREAKDOWN
10.1.4PRODUCT BENCHMARKING
10.1.5KEY DEVELOPMENT
10.1.6SWOT ANALYSIS
10.23D SYSTEMS, INC.
10.2.1COMPANY OVERVIEW
10.2.2COMPANY INSIGHTS.
10.2.3SEGMENT BREAKDOWN
10.2.4PRODUCT BENCHMARKING
10.2.5KEY DEVELOPMENT
10.2.6SWOT ANALYSIS
10.3MATERIALISE NV
10.3.1COMPANY OVERVIEW
10.3.2COMPANY INSIGHTS.
10.3.3SEGMENT BREAKDOWN
10.3.4PRODUCT BENCHMARKING
10.3.5KEY DEVELOPMENT
10.3.6SWOT ANALYSIS
10.4ORGANOVO HOLDINGS, INC
10.4.1COMPANY OVERVIEW
10.4.2COMPANY INSIGHTS
10.4.3PRODUCT BENCHMARKING
10.4.4KEY DEVELOPMENTS
10.5RENISHAW PLC
10.5.1COMPANY OVERVIEW
10.5.2COMPANY INSIGHTS
10.5.3SEGMENT BREAKDOWN
10.5.4PRODUCT BENCHMARKING
10.5.5KEY DEVELOPMENTS
10.6FORMLABS
10.6.1COMPANY OVERVIEW
10.6.2COMPANY INSIGHTS
10.6.3PRODUCT BENCHMARKING
10.6.4KEY DEVELOPMENTS
10.7ENVISIONTEC, INC
10.7.1COMPANY OVERVIEW
10.7.2COMPANY INSIGHTS
10.7.3PRODUCT BENCHMARKING
10.8PRODWAYS GROUP
10.8.1COMPANY OVERVIEW
10.8.2COMPANY INSIGHTS
10.8.3SEGMENT BREAKDOWN
10.8.4PRODUCT BENCHMARKING
10.8.5KEY DEVELOPMENT
10.9EOS GMBH
10.9.1COMPANY OVERVIEW
10.9.2COMPANY INSIGHTS
10.9.3PRODUCT BENCHMARKING
10.10ARCAM EBM.
10.10.1COMPANY OVERVIEW
10.10.2PRODUCT BENCHMARKING
