The United States 3D Printing Medical Devices Market to grow from USD 239.18 Million in 2019 to USD 560.29 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 15.24%.
Market Segmentation & Coverage:
The research report categorizes the 3D Printing Medical Devices Market to forecast the revenues and analyze the trends in each of the following segments:
Based on Component, the 3D Printing Medical Devices Market studied across Ceramics, Equipment, Materials, Paper, Services & Software, and Wax. The Equipment further studied across 3D Bioprinters and 3D Printers.
Based on Technology, the 3D Printing Medical Devices Market studied across Droplet Deposition Or Extrusion-Based Technologies, Electron Beam Melting, Laser Beam Melting, Photopolymerization, and Three-Dimensional Printing. The Droplet Deposition Or Extrusion-Based Technologies further studied across Fused Deposition Modeling, Low-Temperature Deposition Manufacturing, and Multiphase Jet Solidification. The Laser Beam Melting further studied across Direct Metal Laser Sintering, Lasercusing, Selective Laser Melting, and Selective Laser Sintering. The Photopolymerization further studied across Digital Light Processing, Polyjet 3D Printing Technology, Stereolithography, and Two-Photon Polymerization.
Based on Type, the 3D Printing Medical Devices Market studied across Prosthetics and Implants, Surgical Guides, Surgical Instruments, Tissue Engineering Products, Bone and Cartilage Scaffolds, and Ligament and Tendon Scaffolds. The Prosthetics and Implants further studied across Custom Implants and Standard Implants. The Surgical Guides further studied across Craniomaxillofacial Guides, Dental Guides, and Orthopedic Guides. The Surgical Instruments further studied across Retractors, Scalpels, and Surgical Fasteners.
The factors attributing to the growth of the market are growing demand of customized medical product in the u.s., technological advancements in 3d printing, and demand for posthetics and hearing aids segment in the u.s.. However, some factors such as stringent regulatory guidelines and complicated fda approval requirements may hinder the market growth. The 3D Printing Medical Devices Market expected to showcase the opportunities such as sensor equipped neonatal models and growing demand for organ transplant and patents expiry of the 3d printing industry. Soon market may face the possible challenges in the growth due to issues associated with high cost and sound knowledge of technology. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the market.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
360iResearch Competitive Strategic Window:
The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
360iResearch FPNV Positioning Matrix:
The 360iResearch FPNV Positioning Matrix evaluates and categorizes the vendors in the 3D Printing Medical Devices Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Company Usability Profiles:
The 3D Printing Medical Devices Market is highly competitive and characterized by the presence of a large number of international and regional players in the market. The market has witnessed increased competition between vendors based on the pricing model, technology differentiation, brand name, quality of service, price differentiation, and technical expertise.
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States 3D Printing Medical Devices Market, including 3D Logics, 3D Systems, Inc., Biomedical Modeling Inc., Carbon, Inc., Enviviontec, Inc., Essentium Inc., HUBS B.V., Materialis, Nano Dimension, Organovo Holdings, Inc., Rapidmade, Inc., and Stratasys Ltd..