3D printing medical devices market is expected to undergo a CAGR of 18.72% during the forecast period

Growing prevalence of surgical procedures owing to various reasons all around the globe is one of the major factors responsible for the growth of the market. In other words, rising incidence rate of road accidents, kidney stones and others is directly inducing growth of the market.

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Global 3D Printing Medical Devices Market Analysis and Size

3D printing technology is increasingly being used by a wide range of industry verticals and healthcare industry is one of them. 3D printing technology here is used to manufacture the medical devices and equipment that in turn are used in the healthcare procedures and operations. 3D printing technology offers greater benefits over conventional manufacturing process.

Data Bridge Market Research analyses that the 3D printing medical devices market is expected to undergo a CAGR of 18.72% during the forecast period. This indicates that the market value, which was USD 2.40 billion in 2021, would rocket up to USD 9.47 billion by 2029. “Services and Software” dominates the product segment of the 3D printing medical devices market owing to the cost-effectiveness, utility, uniformity, and accuracy offered by services and software.

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Global 3D Printing Medical Devices Market Definition

From the name itself, it is clear that 3D printing medical devices are the medical products that are manufactured using 3D technology. This involves the application of various number of different manufacturing methods/techniques that are primarily based on creating a digital file/image of the object to be manufactured before a number of different methods.

Global 3D Printing Medical Devices Market Scope

The 3D printing medical devices market is segmented on the basis of product, technology, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Global 3D Printing Medical Devices Market, By Product (Equipment, Materials, Services and Software), Technology (Laser Beam Melting, Photopolymerization, Droplet Deposition/Extrusion-based Technologies, Electron Beam Melting, Three-dimensional Printing/Adhesion Bonding/Binder Jetting, Other Technologies), Application (Surgical Guides, Surgical Instruments, Standard Prosthetics and Implants, Custom Prosthetics and Implants, Tissue-Engineered Products, Hearing Aids, Wearable Medical Devices, Other Applications), End User (Hospitals and Surgical Centers, Dental and Orthopedic Clinics, Academic Institutions and Research Laboratories, Pharma-Biotech and Medical Device Companies, Clinical Research Organizations) – Industry Trends and Forecast to 2029.