Expert analysts opine that global 3D Printing Medical Devices Market which is valued at USD 2.1 billion in 2021 is estimated to progress at a CAGR of 8.2% through the forecast period.

The main growth drivers for the global market for 3D printed medical devices are increasing surgical procedures, expanding healthcare infrastructure, and research and development capabilities.

In the upcoming years, it is anticipated that an increase in direct digital manufacturing, expanding uses of 3D printing in the healthcare sector, and rising per capita health care spending will improve industry outlook.

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Despite the positive outlook, the ongoing war between Russia and Ukraine stifled the growth of business sphere, as several companies and government organizations withdrew their operations from Russia owing to the war, thereby significantly hampering the profitability of worldwide hygiene components market in the process.

Based on products, worldwide 3D printing medical devices market is branched into orthopedic products, neurological products, cardiovascular products, dental products, and others.

In terms of component, the industry is divided into services & software, materials (paper, ceramics, biomaterials, metals & metal alloys, plastics), and equipment (3D bioprinters and 3D printers). On the basis of technology, the market is classified into electron beam melting, droplet deposition/extrusion-based technologies, photopolymerization, and laser beam melting.

Speaking of application ambit, the industry is segregated into hearing aids, tissue-engineered products, custom prosthetics & implants, standard prosthetics & implants, surgical instruments, surgical guides, and others. By end-user, the market is divided into clinical research organizations, pharma-biotech & medical device companies, academic institution & research laboratories, dental & orthopedic clinics, and hospitals & surgical centers.

From a regional frame of reference, North America is expected to boast of a prominent share in global market revenue during the assessment period, owing to a strong base of healthcare facilities as well as rising number of research activities in this region. 

The competitive landscape of global 3D printing medical devices market sphere is influenced by key players such as Organovo Holdings Inc., 3D Bioprinting Solutions, Medprin Biotech GmbH, Aspect Biosystems, Cyfuse Biomedical K.K., Stratasys Ltd., SLM Solutions Group AG, Renishaw Plc, Groupe Gorge SA, Organovo Holdings, Inc., Materialise NV, Envision TEC GmbH, Carbon, Inc., Biomedical Modeling Inc., and 3D Systems Corporation.

Questions and Answers: - Global 3D Printing Medical Devices Market

Question 1. What are the major factors driving global 3D printing medical devices market trends?

Answer 1. The main growth drivers for the global market for 3D printed medical devices are increasing surgical procedures, expanding healthcare infrastructure, and research and development capabilities.

Question 2. How is North America contributing to global 3D printing medical devices market revenue?

Answer 2. Presence of strong base of healthcare facilities as well as rising number of research activities in the region, is making North America a prominent avenue for global 3D printing medical devices market revenue during 2022-2028.

Question 3. Which are the key players influencing global 3D printing medical devices market dynamics?

Answer 3. Global 3D printing medical devices market sphere is influenced by key players such as Organovo Holdings Inc., 3D Bioprinting Solutions, Medprin Biotech GmbH, Aspect Biosystems, Cyfuse Biomedical K.K., Stratasys Ltd., SLM Solutions Group AG, Renishaw Plc, Groupe Gorge SA, Organovo Holdings, Inc., Materialise NV, Envision TEC GmbH, Carbon, Inc., Biomedical Modeling Inc., and 3D Systems Corporation.

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