3D Printing Regulation in the Medical Device Industry

“Do you consider 3D printing as a well-known method to produce Medical Devices?”

My answer would be, “yes, more and more”. Before, this was more a garage manufacturing process or used only for prototyping until it starts to become a real mass producing process.

3D printing owes many functions that are used in several industries, however, it has an important applications in the medical field. 3D printing has four major applications such as human organ transplants, accelerate surgical procedures, produce cheaper surgical tools, and for the prosthetic limbs.

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3D printing medical devices market is anticipated to grow with a significant rate in the forecast years, owing to driving factors such as increasing technological advancement in the medical devices, rise in the investment for the medical research and development, emerging various technological procedures for the medical industry and others. Whereas, there is wide scope to develop artificial or prosthetic limbs or other organs with further advanced technology.

North America is anticipated to contribute to the largest share in the 3D printing medical devices market in the coming years. Whereas, Europe is the second largest market owing to the growing technological advancement in the region for the engineering. Asia Pacific is expected to be the fastest growing market due to the rise in the 3D printing medical devices due to the growing number of the prosthetic surgeries.

“Global 3D Printing Medical Devices Market Analysis To 2027” is a specialized and in-depth study of the medical device industry with a focus on the 3D printing medical devices market trend. The report aims to provide an overview of global 3D printing medical devices market with detailed market segmentation by technology, component, type and geography. The global 3D printing medical devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the 3D printing medical devices market.

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Some of the key players influencing the market are:- ENVISIONTEC, INC., Concept Laser GmbH (GENERAL ELECTRIC), Biomedical Modeling Inc, Stratasys Ltd., 3D Systems, Inc., 3T RPD Ltd., Prodways Group, EOS GmbH Electro Optical Systems, Renishaw plc. and SLM Solutions Group AG.

3D printing medical devices market is segmented on the basis of technology, component and type.

On the basis of the technology the segment is classified as photopolymerization, laser beam melting, droplet deposition, three-dimensional printing, and electron beam melting.

On the basis of the component the market is segmented as equipment, materials and services & software.

On the basis of the type the segment includes surgical guides, surgical instruments, prosthetics and implants and tissue engineering products.

Factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions

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