Global 3D Printing Medical Devices Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023

Industry : Healthcare Date : September 28th, 2017
Tutorials Get 15% Discount on First Report

The global 3D printing medical devices market is expected to increase from USD 762 million in 2016, to USD 2,469 million by 2023, growing at a CAGR of 18.3% from 2017 to 2023. The global 3D printing medical devices market is mainly driven by the growing demand for customization of medical solutions coupled with increasing technological innovations and expanding applications of 3D printing in various medical procedures. The years used for the assessment are as follows;

  • Historical year   : 2013, 2014, 2015
  • Base year            : 2016
  • Forecast period : 2017 – 2023

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total 3D printing medical devices market and its various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the 3D printing medical devices market.
  • Finalizing the overall size and share for the global 3D printing medical devices market.

OBJECTIVES:

  • To classify and forecast the growth prospect of the global 3D printing medical devices market on the basis of components, technology, applications and region.
  • To forecast the impact of 3D printing medical devices market by analyzing trends, opportunities, drivers and restraints.
  • To provide historical, current, and future forecast of the market in terms of revenue and/or volume
  •  To profile key companies operating in the global 3D printing medical devices market and provide their competitive landscape.

MARKET SCOPE

The research scope for 3D printing medical devices market is as follows:

By Component

  • System
  • Material
  • Software/Services

 By Technology

  • Droplet Deposition (DD)
  • Photopolymerization
  • Laser Beam melting
  • Laser Electronic Beam Melting (EBM)
  • Laminated Object Manufacturing

 By Application

  • Prosthetics and Medical Implants
  • Surgical Devices
  • Bioprinting
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

 The global 3D printing medical devices market is projected to grow from USD 762 million in 2016, to USD 2,469 million by 2023, at a CAGR of 18.3% during the period 2017 – 2023. The 3D printing medical devices market is mainly driven by the growing demand for customization of medical solutions coupled with increasing technological innovations and expanding applications of 3d printing in various medical procedures. However, the high cost associated with 3D printing may hamper the market growth to some extent.

The system segment is expected to grow at the highest CAGR in the 2017-2023. On the basis of the application segment, the 3D printing medical devices market is bifurcated into prosthetics and medical Implants, surgical devices, bioprinting, and others. The surgical device segment is expected to register highest CAGR during the forecast period due to growing demand for accurate and fast surgical procedures.

Geographically, North America holds the largest share with 42% of the global 3D printing medical devices market. However the Asia-Pacific region is expected to witness fastest growth during the period 2017– 2023, as growing number of companies are focusing on the emerging markets in the developing nations.

With increasing number of new market entrants, there is a growing competition in the 3D printing medical devices market. Some of the key companies operating in the global 3D printing medical devices market include Stratasys Ltd, Arcam AB, 3D Systems Corporations, Materialise NV, Envisiontec GmbH, Organovo Holdings, Inc., Renishaw plc, Bio3D Technologies, SLM Solutions Group AG, Cyfuse Medical K.K, among others.

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Component

1.2.2. Market Breakdown, By Technology

1.2.3. Market Breakdown, By Application

1.2.4. Market Breakdown, By Region

1.3. Research Methodology

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Landscape

2.2.1. Market Share

2.2.2. Opportunities

2.2.2.1. Huge market potential in the developing economies

2.2.3. Trends

2.2.3.1. Focus on research and development to expand medical applications of 3D printing

2.2.3.2. Increasing competition due to new entrants in the global market

2.2.4. Growth Drivers

2.2.4.1. Rise in demand for customization of medical solutions

2.2.4.2. Expanding applications of 3D printing in various medical procedures

2.2.5. Impact Analysis of Drivers on Future Forecast of the Market

2.2.6. Restraints of the Market

2.2.6.1. High cost associated with 3D printers

2.2.6.2. Lack of technological knowledge regarding 3D printers

2.2.7. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Regional Regulatory Affairs

3.2. Competitive Analysis

3.3. Investment Analysis

3.4. Recommendations

CHAPTER 4. Global 3D Printing Medical Devices Size and Forecast (2013 – 2023)

4.1. Global 3D Printing Medical Devices Market, By Component

4.1.1. System

4.1.2. Material

4.1.2.1. Plastics

4.1.2.2. Metal and Metal Alloys Powder

4.1.2.3. Biomaterials

4.1.2.4. Others

4.1.3. Software/Services

4.2. Global 3D Printing Medical Devices Market, By Technology

4.2.1. Droplet Deposition (DD)

4.2.1.1. Low-temperature Deposition Manufacturing (LDM)

4.2.1.2. Multiphase Jet Solidification (MJS)

4.2.1.3. Fused deposition modeling (FDM) technology

4.2.2. Photopolymerization

4.2.2.1. Stereolithography (SLA)

4.2.2.2. Two-Photon Polymerization (2PP)

4.2.2.3. Continuous Liquid Interface Production (CLIP)

4.2.3. Laser Beam melting

4.2.3.1. Selective Laser Sintering (SLS)

4.2.3.2. Direct Metal Laser Sintering (DMLS)

4.2.3.3. Selective laser melting (SLM)

4.2.4. Laser Electronic Beam Melting (EBM)

4.2.5. Laminated Object Manufacturing

4.3. Global 3D Printing Medical Devices Market, By Application

4.3.1. Prosthetics and Medical Implants

4.3.2. Surgical devices

4.3.2.1. Dental

4.3.2.2. Craniomaxillofacial

4.3.2.3. Orthopedic

4.3.2.4. Others

4.3.3. Bioprinting

4.3.4. Others

4.4. Global 3D Printing Medical Devices Market, By Region

4.4.1. North America

4.4.2. Europe

4.4.3. Asia-Pacific

4.4.4. Rest of the World (RoW)

CHAPTER 5. Global 3D Printing Medical Devices Market, By Geography

5.1. North America 3D Printing Medical Devices Market

5.1.1. North America 3D Printing Medical Devices Market, By Component

5.1.2. North America 3D Printing Medical Devices Market, By Technology

5.1.3. North America 3D Printing Medical Devices Market, By Application

5.1.4. North America 3D Printing Medical Devices Market, By Country

5.1.4.1. The U.S.

5.1.4.2. Canada

5.2. Europe 3D Printing Medical Devices Market

5.2.1. Europe 3D Printing Medical Devices Market, By Component

5.2.2. Europe 3D Printing Medical Devices Market, By Technology

5.2.3. Europe 3D Printing Medical Devices Market, By Application

5.2.4. Europe 3D Printing Medical Devices Market, By Country

5.2.4.1. Germany

5.2.4.2. France

5.2.4.3. The U.K.

5.2.4.4. Rest of Europe

5.3. Asia-Pacific 3D Printing Medical Devices Market

5.3.1. Asia-Pacific 3D Printing Medical Devices Market, By Component

5.3.2. Asia-Pacific 3D Printing Medical Devices Market, By Technology

5.3.3. Asia-Pacific 3D Printing Medical Devices Market, By Application

5.3.4. Asia-Pacific 3D Printing Medical Devices Market, By Country

5.3.4.1. China

5.3.4.2. Japan

5.3.4.3. India

5.3.4.4. Rest of Asia-Pacific

5.4. Rest of the World (RoW) 3D Printing Medical Devices Market

5.4.1. Rest of the World (RoW) 3D Printing Medical Devices Market, By Component

5.4.2. Rest of the World (RoW) 3D Printing Medical Devices Market, By Technology

5.4.3. Rest of the World (RoW) 3D Printing Medical Devices Market, By Application

5.4.4. Rest of the World (RoW) 3D Printing Medical Devices Market, By Country

5.4.4.1. Brazil

5.4.4.2. Rest of RoW

CHAPTER 6. COMPETITIVE ANALYSIS

6.1. Porters Five Forces Analysis

6.1.1. Bargaining Power of Buyers

6.1.2. Bargaining Power of Suppliers

6.1.3. Threat of New Entrants

6.1.4. Intensity of Rivalry

6.1.5. Threat of Substitutes

CHAPTER 7. Key Players and Strategic Developments

7.1. Stratasys Ltd.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Arcam AB

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. 3D Systems Corporations

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Envisiontec GmbH

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Materialise NV

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Organovo Holdings, Inc.

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Renishaw plc

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. SLM Solutions Group AG

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Bio3D Technologies

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Cyfuse Medical K.K

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

CHAPTER 8. RESEARCH APPROACH

8.1. Initial Data Search

8.2. Secondary Research

8.3. Primary Research

8.4. Scope and Assumptions

Global 3D Printing Medical Devices Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023