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The 3D printed medical devices market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 24%, as per The Business Research Company’s market report!

Read More On The 3D Printed Medical Devices Market Report 2022 – https://www.thebusinessresearchcompany.com/report/3d-printed-medical-devices-global-market-report

The 3D Printed Medical Devices Market Size In 2022 And Forecast

The global 3D printed medical devices market is expected to grow from $2.87 billion in 2022 at a compound annual growth rate (CAGR) of 38.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The 3D printed medical devices market is expected to grow to $6.88 billion in 2026 at a CAGR of 24.5%.

The 3D printed medical devices market consists of sales of 3D printed medical devices and related services. 3D printing is a process to create three-dimensional medical devices with the help of computer-aided design.

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Increase In Prevalence Of Osteoarthritis And Similar Musculoskeletal Conditions Is Driving The Growth Of The 3D Printed Medical Devices Market

For instance, according to the US National Library of Medicine report, by 2040, it is estimated that approximately 78 million (26%) US adults aged 18 years and above will be projected to have doctor-diagnosed arthritis. Thereby driving the adoption of 3D printed medical devices, positively impacting the market growth.

Competitive Landscape And The Regional Analysis Of The 3D Printed Medical Devices Market

Major players in the 3D printed medical devices market are 3D Systems Corporation, EnvisionTEC, Stratasys Ltd., Arcam AB, Cyfuse Biomedical, Materialise NV, Organovo Holdings, EOS GmbH, FabRx Ltd., and Concept Laser.

The 3D Printed Medical Devices Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 3D printed medical devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the 3D printed medical devices market.

Increasing Use Of 3D Printing Technology In The Spine Industry – A Key Trend In The 3D Printed Medical Devices Market

The increasing use of 3D printing technology in the spine industry is one of the latest trends in the 3D printing medical devices market. The spine industry is adopting 3D printing to produce new innovative products that can promote bone ingrowth and improve implant fixation to spine bone, reducing the number of manufacturing steps, thereby making the 3D printing process more cost-effective in several cases.

3D Printed Medical Devices Market Segmentation By The Business Research Company

1) By Type: Implants, Surgical instruments, Prosthetics, Tissue engineering devices, Other Types

2) By Application: Orthopedic, Spinal, Dental, Hearing Aids, Other Applications

3) By Technology: Fused Deposition Modelling, Digital Light Processing, Stereolithography, Selective Laser melting

4) By Raw Material: Plastics, Biomaterial inks, Metals and Alloys

5) By End User: Hospitals, Diagnostics Centres, Academic Institutions, Other End Users

Here Are Some Reports Related To The 3D Printed Medical Devices Market –

3D Printed Prosthetics Global Market Report 2022

3D Printed Implants Global Market Report 2022

3D Bioprinting Global Market Report 2022

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