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Increasing Adoption of 3D Printing Technology by Medical Professionals to Boost Demand

According to the new market research report  “ 3D Printing Medical Devices Market by Component (3D Printers, 3D Bioprinters, Material (Plastic, Metal, Ceramic), Software & Services), Technology (EBM, LBM, Photopolymerization, 3DP, and DD), Product Type (Prosthetics, Implant) - Global Forecast to 2022" , published by MarketsandMarkets™, analyzes and studies the major market drivers, restraints/challenges, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the world (RoW). The global 3D printing medical devices market is expected to reach USD 1.88 Billion by 2022 from USD 0.84 Billion in 2017, at CAGR of 17.5% from 2017 to 2022. Key factors such technological advancements, increasing public-private funding, and growing applications in the healthcare industry are the major factors driving the growth of the 3D printing medical devices market across the globe. The global 3D printing medical devices market is segmented into three broad categories, namely, equ...

Global 3D Printing Medical Devices Market | Growth, Trends, and Forecast (2017-2022)

Major factors driving the growth of this market Technological advancements, increasing public-private funding, easy development of customized medical products, and growing applications in the healthcare industry. Moreover, direct digital manufacturing, the expiry of key patents in the coming years, and the growing demand for organ transplant provide significant growth opportunities in the  3D Printing Medical Devices Market . However, the stringent regulatory process and the dearth of trained professionals may hinder the growth of this market during the forecast period. 3D Printing Medical Devices Market – Market Dynamics Drivers Technological advancements in 3D printing Increasing public-private funding for 3D printing activities Easy development of customized medical products using 3D printing Growing applications of 3D printing in the healthcare industry Restraints Stringent regulatory process for the approval of 3D-printed medical devices Dearth of trained professionals Opportu...