3D Printing Medical Devices Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43794
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The 3d printing medical devices market has the potential to grow by $ 2.39 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 18%.

This 3d printing medical devices market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by Application (Orthopedic and spinal, Dental, Hearing aids, and Others) and Geography (North America, Europe, Asia, and ROW). The 3d printing medical devices market report also offers information on several market vendors, including 3D Systems Corp., Autodesk Inc., EnvisionTEC GmBH, Formlabs Inc., General Electric Co., Materialise NV, Renishaw Plc, SLM Solutions Group AG, Stratasys Ltd., and The ExOne Company among others.

What will the 3D Printing Medical Devices Market Size be in 2021?

3D-Printing-Medical-Devices-Market-Market-Size-2020-2025

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3D Printing Medical Devices Market: Key Drivers and Trends

Based on our research output, there has been a POSITIVE impact on the market growth during and post COVID-19 era. The increased demand for personalized or customized medical devices is notably driving the 3d printing medical devices market growth, although factors such as high initial setup cost of 3d printing facilities may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the 3d printing medical devices market industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This 3d printing medical devices market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major 3D Printing Medical Devices Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • 3D Systems Corp.
  • Autodesk Inc.
  • EnvisionTEC GmBH
  • Formlabs Inc.
  • General Electric Co.
  • Materialise NV
  • Renishaw Plc
  • SLM Solutions Group AG
  • Stratasys Ltd.
  • The ExOne Company

The vendor landscape of the 3d printing medical devices market entails successful business strategies deployed by the vendors. The 3d printing medical devices market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the 3d printing medical devices market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for 3D Printing Medical Devices Market?

3D-Printing-Medical-Devices-Market-Market-Share-by-Region-2020-2025

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38% of the market’s growth will originate from North America during the forecast period. US, Germany, Japan, China, and France are the key markets for 3d printing medical devices market in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increasing adoption of 3D printing technology by medical professionals will facilitate the 3d printing medical devices market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Application Segments in the 3D Printing Medical Devices Market?

3D-Printing-Medical-Devices-Market-Market-Share-by-Application-2020-2025

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The 3d printing medical devices market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the 3d printing medical devices market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

3D Printing Medical Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 18%

Market growth 2021-2025

$ 2.39 billion

Market structure

Fragmented

YoY growth (%)

14.00

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 38%

Key consumer countries

US, Germany, Japan, China, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3D Systems Corp., Autodesk Inc., EnvisionTEC GmBH, Formlabs Inc., General Electric Co., Materialise NV, Renishaw Plc, SLM Solutions Group AG, Stratasys Ltd., and The ExOne Company

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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What are the Key Factors Covered in this 3D Printing Medical Devices Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive 3d printing medical devices market growth during the next five years
  • Precise estimation of the 3d printing medical devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the 3d printing medical devices market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of 3d printing medical devices market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The 3d printing medical devices market growth will increase by $1572.70 million during 2019-2024.
The 3d printing medical devices market is expected to grow at a CAGR of 13.42% during 2019-2024.
Technavio has segmented the 3d printing medical devices market by application (Orthopedic and spinal, Dental, Hearing aids, and Other applications) and geographic (North America, Europe, Asia, and ROW).
3D Systems Corp., Autodesk Inc., EnvisionTEC GmBH, Formlabs Inc., General Electric Co., Materialise NV, Renishaw Plc, SLM Solutions Group AG, Stratasys Ltd., The ExOne Company are a few of the key vendors in the 3d printing medical devices market.
North America will register the highest growth rate of 33.69% among the other regions. Therefore, the 3d printing medical devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the 3d printing medical devices market growth are:
  • Increased demand for personalized or customized medical devices
  • Emerging technological advances and applications of 3D printing in the medical devices
The 3d printing medical devices market vendors should focus on grabbing business opportunities from the orthopedic and spinal segment as it accounted for the largest market share in the base year.
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