The article cited AMA's Global 3D Printed Medical Devices Market Study explored substantial growth with CAGR of 15.9%. According to the study, Improvement, Innovations, and Advancement in 3D Printing Process for Medical Equipment Manufacturing is one of the primary growth factors for the market. Growing 3D Printing Technology in Healthcare for Performing Complex Operation and Training Programmes
is also expected to contribute significantly to the 3D Printed Medical Devices market. Overall, Hospitals
applications of 3D Printed Medical Devices, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as 3D Systems (United States), Zortrax (Poland), Stratasys, Ltd. (Israel), Formlabs (United States), ENVISIONTEC US LLC (United States), Materialise NV (Belgiuim), Renishaw plc (United Kingdom), Prodways Group (France) and restor3d (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMA’s Analyst on the Global 3D Printed Medical Devices market identified that the demand is rising in many different parts of the world as "Increasing Investment of Healthcare Providers and Associations in Advanced Technology such as 3D Printed Organs will Boost the 3D Printed Medical Devices Market". Furthermore, some recent industry insights like "In 2021, Orbotech will be announcing a Roll-to-Roll manufacturing solution for Flexible Printed Circuits. This initiative will significantly strengthen its dominance in the flexible printed circuit board (PCB) market., On 26th May 2021, restor3d, a leader in patient-specific 3D printed implants, recently announced an exciting merger with Kinos Medical, a leading total ankle replacement company. This merger allows Kinos to expedite our portfolio development while combining restor3d’s advanced technologies. and In 2020, Ireland-based US medical device company Medtronic has acquired Medicrea International for an undisclosed amount. The Medicrea acquisition expands Medtronic's already deep portfolio as the advent of new digital technologies adds to the spine solutions profile as it provides custom spinal implant capabilities. Medicrea International is a spine surgery company with more than 30 FDA-approved spinal implant technologies used in more than 150,000 spine surgeries to date." is constantly making the industry dynamic. One of the challenges that industry facing is "Complex Material Sourcing Affecting 3D Printed Medical Devices"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
• Detailed Overview of 3D Printed Medical Devices market will help deliver clients and businesses making strategies. • Influencing factors that thriving demand and latest trend running in the market • What is the market concentration? Is it fragmented or highly concentrated? • What trends, challenges and barriers will impact the development and sizing of 3D Printed Medical Devices market • SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. • What growth momentum or downgrade market may carry during the forecast period? • Which region may tap highest market share in coming era? • What focused approach and constraints are holding the 3D Printed Medical Devices market tight? • Which application/end-user category or Product Type [Human Organs and Tissue, Surgical Guides, Surgical Instruments, Prosthetics & Orthopaedic Implants, Medical Phantoms and Others] may seek incremental growth prospects? • What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the 3D Printed Medical Devices market and other related sub-markets covered in the study.
o Key & emerging players in the 3D Printed Medical Devices market have been observed through secondary research. o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall 3D Printed Medical Devices market size is calculated using market estimation process, the 3D Printed Medical Devices market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global 3D Printed Medical Devices market size has been validated using both top-down and bottom-up approaches.