3D Printing Medical Devices Market Projected To Grow With Significant CAGR Over The Forecast Period

3D Printing Medical devices market

3D is 3-dimensional of a structure having height, width, and depth (length). A structure or a picture is drawn on a paper can be flat to the human eye, with 3D model or drawing, the picture gets more depth and can be viewed as 360°. 3D modeling is getting into every market leaving behind no stone unturned. With the demand for more and more 3D structure, 3D printing has taken over the market. One such market is medical industry, 3D printing medical devices market is filled with innovations and are ready to amuse the customers and buyers.

The 3D printing medical devices market is also walking through many others branches of medical such as healthcare, implants, drug manufacturing, dental work, etc. 3D printing is also called as additive manufacturing. Due to demand for personalized medical care from individuals, 3D digital files are created. The material used for 3D printing medical devices depends on the need of the individual. For example, dental crowns required to be made up of metal or ceramics for dental implants while 3D models are made to practice a complex surgery.

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3D printing devices market study

A 3D printing is still new and emerging in the market. The production does require a lot of study and investment. The initial stages involve design and patent of the 3D medical devices which should be cost-effective during and after the manufacturing and selling point of view. Surely 3D printing is bringing a lot of innovation and newness to the table it and it is wiping out the traditional prototype processing.  Increase in demand from medical and pharma industries, 3D printing medical devices will create a market of its own. The awareness will boost the sales and manufacturing of the 3D printing equipment market.

The global market is open and accepting the 3D printing medical devices. North America is the leading consumer of 3D printing in the healthcare industry followed by Europe. The other continents such as Asia-Pacific, the Middle East, Africa, and Latin America are in following the market trends. With rising awareness, demand, and increase in startup companies and also government taking keen interest to increase the 3D printing applications in the healthcare industry.

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3D printing medical devices investment

The 3D printing medical devices market is growing tremendously due to its demand in the healthcare industry. Public and private investments are increasing due to technological advancements in the market. The investment in 3D printing is on a huge scale ranging from patent, copyright policies, regulatory frameworks, 3D printers, designs are just a few names under the roof. But with the constant demand, more and more companies are diving into the 3D printing medical devices market and marking their own place.

3D printing medical devices materials and its applications

Depending on the specific need and applications, the 3D devices are made accordingly. On the basis of the applications, the 3D printing medical devices market is divided into surgical instruments, implants such as dental, orthopedic, Cranio-maxillofacial, etc., bioengineering and others.

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For all of the above, raw materials used for 3D printing medical devices market are as follows-

  • Polymers, metals, ceramics and biological cells.

There are different technologies used for 3D printing medical devices market. Some are listed below-

  • Droplet Deposition (DD)
    • Fused deposition modeling (FDM) technology
    • Low-temperature Deposition Manufacturing (LDM)
    • Multiphase Jet Solidification (MJS)
  • Photo polymerization
    • Stereo lithography (SLA)
    • Continuous Liquid Interface Production (CLIP)
    • Two-Photon Polymerization (2PP)
  • Laser Beam Melting
    • Selective Laser melting (SLM)
    • Selective Laser Sintering (SLS)
    • Direct Metal Laser Sintering (DMLS)
  • Electronic Beam Melting (EBM)
  • Laminated Object Manufacturing
  • Others

And to sum up, by the end user, 3D printing medical devices market has following users-

  • Hospitals, ambulatory surgical centers and specialty clinics.

 

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