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3D Printed Medical Device Market Size

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akanksha
3D Printed Medical Device Market Size

#3D #printing, also known as #additive #manufacturing, has been used to manufacture orthopedic, #cranial#dental#surgical, crown, and external prosthetic devices. The ability of this #technology to create complex geometric constructs tailored to the needs of patients or physicians is its defining feature. This enables it to cover a wide range of medical applications, from operational preparation to customized surgical instruments. Recently, 3D printing has come under the scrutiny of the #medical #care regulatory body.


The global demand for imprinted 3D medical devices is expected to grow due to rising rates of periodontitis, osteoarthritis, diabetes-related gangrene, bone, and peripheral #vascular disorders. In April 2018, for example, scientists at Sri Ramachandra University in India recorded 42 percent of periodontal diseases in southern India.


The industry is expected to grow over the forecast period as government bodies and public sources improve access to funding for the implementation of 3D printing technology in the healthcare industry. This initiative is one of the primary drivers of the growth of 3D printing in the medical device industry. For medical products and appliances, 3D printing technology enables innovative custom functionality and accelerated output.

 

North America and the European market were influential in the global market for 3D printing medical devices market size in 2019 with a volume share of 46.0 percent. Factors such as technological innovation, increased public-private spending, the ease of producing personalized medical devices, and rising appliances are driving in particular. However, factors such as the stringent regulatory framework and a scarcity of qualified practitioners may stifle market growth in the coming years.

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