hi

Global 3D Printing Medical Implants Market 2022 – Latest Analysis Report, Post COVID-19 Growth Projection, High CAGR, Expected Demand and Revenue, New Market Trends and Forecast to 2031

Kenneth Research, in its repository of market research reports, has recently added a report titled Global 3D Printing Medical Implants Market market, that emphasizes on the recent market trends and opportunities available for the growth of the market for the forecast period 2022-2031. The growth of the Global 3D Printing Medical Implants Market market can be attributed to the increasing health spending by nations across the globe, and for the rapid innovations observed in the medical sector. According to a report by the World Health Organization (WHO), the total health spending is growing with an annual average rate of 6% in the low- and middle-income nations, and close to 4% in the high-income countries. Further, in the year 2016, the expenditure made on health reached close to 10% of the GDP of the world and crossed a value of USD 7 trillion.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions 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) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest 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 Implants Market products.

Download Sample PDF of this Report :- https://www.kennethresearch.com/sample-request-10322049

3D printing is a process in which a three-dimensional object is created by building consecutive layers of raw material. The technology, which is aided by a digital 3D file, such as Magnetic Resonance Image (MRI) or a computer-aided design (CAD) drawing, plays an essential role in the healthcare industry as it provides healthcare specialists the power to manufacture several medical devices. The global 3D printing medical implants market is anticipated to achieve a CAGR of around 19% during the forecast period, i.e. 2019-2027. Factors such as growing focus on advancement of medical products coupled with the rising importance of 3D printing in the healthcare industry are anticipated to contribute significantly towards the growth of the global 3D printing medical implants market. Additionally, numerous benefits associated with 3D printing medical implants technology, increasing applications of 3D printing medical implants on the back of growing research and developments, increasing advancements in the healthcare industry coupled with the developments observed in orthopedics giving rise to the concepts of customized bone identical implant and CT-bone are some of the factors anticipated to drive the growth of the global 3D printing medical implants market.

The global 3D printing medical implants market consists of various segments that are segmented by component, implementation technology, application, end user and by region. The implementation technology is further sub-divided into laser beam melting, electronic beam melting, droplet disposition and others. Out of these, the laser beam melting segment held the largest market share of around 44% in the year 2018 and is anticipated to grow with a CAGR of around 21% over the forecast period and cross a value of around USDD 2400 million by the end of 2027.

Based on region, the global 3D printing medical implants market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, which held a market share of around 20% in the year 2018, is anticipated to grow with a CAGR of around 18% over the forecast period and cross a value of around USD 900 million by the end of 2027.
Some of the affluent industry leaders in the global 3D printing medical implants market are Materialise NV, Stratasys Ltd., Renishaw plc, 3D Systems, Inc., Envisiontec, Inc., General Electric, SLM Solutions Group AG, Oxford Performance Materials, Bio 3D and Cyfuse Biomedical KK.

Download Sample PDF of this Report :- https://www.kennethresearch.com/sample-request-10322049

About Kenneth Research

Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
Contact Us

Kenneth Research

Email : Sales@kennethresearch.com

Phone: +1 313 462 0609

Leave a Reply