Global 3D Printing Medical Devices Market Size, Share, Trends, Analysis Report And Future Predictions

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(MENAFN– America News Hour)

Kenneth Research has recently added a report titled Global 3D Printing Medical Devices Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2022-2031.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for  Global 3D Printing Medical Devices Market products.

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Moreover, the total spending in the healthcare industry in the country is anticipated to reach around USD 6 trillion by the end of 2027. On the back of such factors, the market is predicted to observe a significant growth in the next few years.

Global 3D Printing Medical Devices valued approximately USD 0.75 Billion in 2016 is anticipated to grow with healthy growth rate of more than 17.5% over the forecast period 2017-2025. The Key drivers of the market include Technological advancements, rising public-private funding, and increasing applications in the healthcare industry.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
 Laser Beam Melting
 Photopolymerization
 Electron Beam Melting
 Droplet Deposition Or Extrusion-Based Technologies
 Three-Dimensional Printing (3DP) Or Adhesion Bonding Or Binder Jetting
Component:
 Equipment
 Material
 Services and Software

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Type:
 Surgical Guides
 Surgical Instruments
 Prosthetics and Implants
 Tissue Engineering Products
Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are Stratasys Ltd, SLM Solutions Group AG, Organovo Holdings, Inc, Biomedical Modeling Inc. and Anatomics Pty Ltd companies are spending a lot on their research and development programs to keep up with the dynamically changing technologies in the market. Acquisitions and effective mergers are one of the expansion strategies taken by the key manufacturers.
Target Audience of the 3D Printing Medical Devices Market Study
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors

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