Albany,NY (Sept 30, 2013) (CULRAV.ORG) -
Transparency Market Research published new market report “3D Printing in Medical Applications Market (Medical Implants (Dental, Orthopedic, Cranio-maxillofacial), Surgical Guides, Surgical Instruments, Bio-engineered Products) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019″, in 2012, the global 3D printing in medical application market was valued at USD 354.5 million and is expected to grow at a CAGR of 15.4% from 2013 to 2019 to reach a market of USD 965.5 million by 2019.
Browse the full report at http://www.transparencymarketresearch.com/3d-Printing-medical-applications.html
Increasing demand in the medical industry for various technological developments has augmented the growth of 3D printing in numero us medical applications. 3D printing has provided the medical industry with a plethora of solutions for large problems. It has revolutionized the healthcare segment by providing surgical guides, medical implants, surgical instruments and bioengineered products. 3D printing in medical applications is expected to grow at a significant CAGR of 15.4% from 2013 to 2019. This growth is attributed to an increase in demand of quick and cheap solutions for medical problems. In addition, the market would also grow owing to an increase in investment in R&D for the technologies of 3D printing. The growth of this market may, however, get affected due to lack of trained professionals and raw materials.
3D printing technologies help in manufacturing medical implants and surgical guides such as dental, orthopedic and cranio-maxillofacial. In addition, they increase the efficiency of surgical instruments by manufacturing self-sterilizing surgical instruments. The manufacturing of these bio-models is done by using various raw materials such as metal, polymer, ceramic and biological cells. These raw materials, when used with 3D printing technologies such as laser beam melting (LBM), electron beam melting (EBM), droplet deposition manufacturing (DDM) and photopolymerization, result in the manufacturing of various bio-models.
Geographically, although the North American region constituted the largest market for 3D printing in medical applications in year 2012; Europe is expected to witness the highest growth rate of more than 15% from 2013 to 2019. This growth is mainly due to the increase in government funding in this market along with various small and big mergers and acquisitions of companies for technological advancement coupled with enhancement in application areas. Favorable reimbursement policies in the region will also provide the required impetus for the growth of the market.
The 3D printing in medical applications market is predominantly an oligopolistic one and is ruled by players such as EnvisionTEC GmbH, 3D System, Stratasys Inc., Materialise NV and others.
The global 3D printing in medical applications market has been segmented as below:
3D printing in Medical Applications Market, by Applications
Surgical Guides
Orthopedic
Dental
Cranio-maxillofacial
Implants
Orthopedic
Dental
Cranio-maxillofacial
Surgical Instruments
Bioengineering
3D printing in Medical Applications Market, by Technologies
Electron Beam Melting (EBM)
Laser Beam Melting (LBM)
Photopolymerization
Stereolithograp
- Two Photon Polymerization
- Digital Light Processing
Droplet Deposition Manufacturing
- Inkjet Printing
- Fused Deposition Modeling
- Multiphase Jet Solidification
3D Printing in Medical Applications Market, by Raw Materials
Metals
Polymers
Ceramics
Biological Cells
3D printing in Medical Applications Market, by Geography
North America
Europe
Asia Pacific
Rest of the World (RoW)
Related Report :
Companion Diagnostics Market (Breast Cancer, Lung Cancer, Colorectal Cancer, Gastric Cancer, Melanoma and Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
http://www.transparencymarketresearch.com/companion-diagnostics-market.html
This report studies the global market for companion diagnostics from two perspectives – companion diagnostics by indication and by geography. The market for companion diagnostics by indication includes sub-segments such as breast cancer, lung cancer, colorectal cancer, gastric cancer, melanoma and others (HIV, Thalassemia). By geography, the companion diagnostics market has been divided into four regions, namely, North America, Europe, Asia-Pacific and RoW. Market size and forecast for each segment and sub-segment has been provided for the period 2011 to 2019 in terms of USD million, with 2012 as the base year.
The compounded annual growth rate (CAGR) for each market segment has been provided for the forecast period (2013 to 2019). The report also contains a section on market overview which consists of a detailed qualitative analysis of various market dynamics, such as drivers, restraints and opportunities. A section on market attractiveness analysis and Porter’s five force analysis for the companion diagnostics market has also been included.
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Browse the full report with TOC at http://www.transparencymarketresearch.com/3d-Printing-medical-applications.html
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