openPR Logo
Press release

3D Printing in Medical Applications Market to Reach US$ 2.76 Billion by 2028, Rising at a CAGR of 15.5%: TMR Report

02-28-2024 07:32 AM CET | Health & Medicine

Press release from: Transparency Market Research

3D Printing in Medical Applications

3D Printing in Medical Applications

The global market for ๐Ÿ‘๐ƒ ๐ฉ๐ซ๐ข๐ง๐ญ๐ข๐ง๐  ๐ข๐ง ๐ฆ๐ž๐๐ข๐œ๐š๐ฅ ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ exhibited robust growth, valued at US$ 893.9 million in 2020 and projected to grow at a remarkable CAGR of 15.5% from 2021 to 2028, surpassing a value of US$ 2.76 billion by the end of 2028.

Amid the COVID-19 pandemic, disruptions in medical equipment supply have prompted companies in this sector to leverage 3D printing technology to provide essential respiratory support apparatus to hospitals. Despite facing technical and regulatory hurdles, med-tech firms are urged to intensify research and development efforts to overcome these challenges while also enhancing focus on pharmaceutical formulations. The agility of 3D printing technology allows for rapid iteration of complex designs, significantly shortening prototype lead-times. Furthermore, the adoption of in-house 3D printing is revolutionizing the customization of patient-specific insoles and orthoses, showcasing its versatility and potential in the medical field.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1522&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐:

Nanoscribe GmbH,3D Systems Corporation,EnvisionTEC GmbH,Voxeljet Technology GmbH,Stratasys Ltd.,Materialise NV, among others

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

By Application

Surgical Guides
Orthopedic
Dental
Cranio-maxillofacial
Implants
Orthopedic
Dental
Cranio-maxillofacial
Surgical Instruments
Bioengineering

By Technology

Electron Beam Melting (EBM)
Laser Beam Melting (LBM)
Photopolymerization
Stereolithography
Two-Photon Polymerization
Digital Light Processing
Droplet Deposition Manufacturing
Inkjet Printing
Fused Deposition Modeling
Multiphase Jet Solidification

By Raw Material

Metals
Polymers
Ceramics
Biological Cells

๐†๐ž๐ญ ๐“๐ก๐ข๐ฌ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ˆ๐ง๐ฌ๐ญ๐š๐ง๐ญ๐ฅ๐ฒ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=1522<ype=S&utm_source=OpenPR&utm_medium=OpenPR&utm_campaign=MansiR

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

In Octoberย 2021, Houston-based Volumetric, Inc., a startup specializing inย 3D bioprintingย of replacement organs and tissue, was acquired by South Carolina-based 3D Systems Corp. The transaction, which involves around half stock and half cash payments, is valued at US$ 400 Mn.

In Aprilย 2018, EnvisionTEC, a leading global manufacturer of desktop and full-production 3D printers and materials, announced two new medical-grade materials that make printing parts for implantation in humans safe and easy. The company's two new ready-to-print medical grade (MG) materials - a liquid silicone rubber and a biodegradable PCL polyester โ€• are manufactured with the main purity and can be fixed in humans after 3D printing on the company's 3D-Bioplotter series printers.

In Octoberย 2021, Stratasys entered into a partnership with France-based med-tech startup Bone 3D that will see healthcare institutions in France gain direct access to Stratasys 3D printing equipment

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Key trends shaping the market include the integration of artificial intelligence and machine learning in 3D printing processes, the emergence of 4D printing for dynamic medical implants, and the convergence of 3D printing with biotechnology for organ printing. Additionally, advancements in materials science and additive manufacturing techniques drive innovation in the development of biocompatible materials and complex medical structures.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

The future outlook for the 3D printing in medical applications market is promising, with ongoing research and development efforts focused on addressing existing challenges and expanding the scope of applications. Continued collaborations between academia, industry, and regulatory bodies are expected to drive innovation and facilitate the adoption of 3D printing technology in mainstream healthcare.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:

Key areas for further study include the impact of 3D printing on healthcare accessibility and affordability, the scalability of 3D printing technologies for mass production, and the long-term clinical outcomes of 3D-printed medical devices and implants.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐Œ๐‘:

๐“๐š๐ฆ๐ฉ๐จ๐ง๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/05/19/2672545/0/en/Global-Sales-of-Tampons-is-Expected-to-Accelerate-at-a-Whopping-5-2-CAGR-Reaching-US-8-1-Billion-by-2031-observes-TMR-Study.html

๐‚๐ก๐ข๐ฅ๐ฅ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.globenewswire.com/news-release/2023/05/19/2672484/0/en/Chillers-Market-to-Reach-US-7-1-Billion-in-2031-Expanding-at-a-CAGR-of-4-7-Exclusive-Report-by-Transparency-Market-Research.html

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel:ย +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website:ย https://www.transparencymarketresearch.comย ย  ย 
Email:ย sales@transparencymarketresearch.com
Follow Us:ย LinkedIn|ย Twitter|ย Blogย |ย YouTube

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 3D Printing in Medical Applications Market to Reach US$ 2.76 Billion by 2028, Rising at a CAGR of 15.5%: TMR Report here

News-ID: 3402612 • Views: โ€ฆ

More Releases from Transparency Market Research

Europe Insect Screen Market Poised for Steady Growth on the Back of Rising Health Awareness and Energy-Efficient Living Trends | TMR
Europe Insect Screen Market Poised for Steady Growth on the Back of Rising Healt โ€ฆ
The Europe Insect Screen Market continues to gain momentum, driven by heightened emphasis on public health, energy efficiency, and sustainable building solutions. Valued at US$ 285.4 Mn in 2024, the market is set to grow consistently and reach US$ 480.0 Mn by 2035, expanding at a CAGR of 5.0% during the forecast period. Increasing focus on maintaining hygienic indoor environments, coupled with advancements in building technologies, is accelerating the adoption ofโ€ฆ
Tennis Ball Machines Market to Reach USD 40.3 Million by 2035, Driven by Rising Tennis Participation and Smart Training Technologies
Tennis Ball Machines Market to Reach USD 40.3 Million by 2035, Driven by Rising โ€ฆ
According to a new research report published by Transparency Market Research, the global tennis ball machines market was valued at US$ 27.4 Mn in 2024 and is projected to reach US$ 40.3 Mn by 2035, expanding at a CAGR of 3.4% from 2025 to 2035. The market is witnessing steady expansion driven by a surge in tennis participation, rising adoption of advanced training tools, and strong consumer preference for lightweight,โ€ฆ
Global Poultry Farming Equipment Market to Reach USD 6.7 Bn by 2034, Driven by Automation, Sustainability, and Rising Demand for Poultry Protein
Global Poultry Farming Equipment Market to Reach USD 6.7 Bn by 2034, Driven by A โ€ฆ
The global poultry industry is entering a new era of modernization as farms worldwide adopt advanced, automated equipment to meet soaring demand for poultry products. According to the latest market assessment, the global poultry farming equipment market was valued at US$ 4.1 Bn in 2023 and is projected to expand steadily at a CAGR of 4.5% from 2024 to 2034, reaching US$ 6.7 Bn by 2034. This growth is fueledโ€ฆ
Europe External Blinds Market Set to Reach USD 22.9 Billion by 2034, Driven by Smart Home Integration and Energy-Efficient Building Trends
Europe External Blinds Market Set to Reach USD 22.9 Billion by 2034, Driven by S โ€ฆ
The Europe External Blinds Market is positioned for steady growth over the next decade, with market value expected to rise from US$ 15.2 billion in 2023 to US$ 22.9 billion by 2034, expanding at a CAGR of 3.9% from 2024 to 2034. Increasing adoption of smart home solutions, rising environmental consciousness, and strong government regulations supporting energy efficiency are key factors contributing to this growth. Introduction: External blinds have emerged asโ€ฆ

All 5 Releases


More Releases for Printing

Printing Shop Singapore: A Comprehensive Guide to Shirt Printing and Name Card P โ€ฆ
Image: https://www.getnews.info/uploads/77eaa7fd01d4e9a00273658898560459.png In Singapore's bustling metropolis, the printing industry thrives, catering to a wide array of needs from corporate branding to personal projects. Among the numerous printing services available, t shirt printing [https://printvolution.sg/product/wearables/cotton-shirt/] and name card printing stand out for popularity and necessity. PrintVolution, a premier printing shop in Singapore [https://printvolution.sg/], offers top-notch services in these areas, ensuring high-quality results for all clients. Shirt Printing Singapore Shirt printing has become increasingly popular inโ€ฆ
Commercial Printing Services Market Size, Share Analysis, Trends, Growth And For โ€ฆ
The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033 The Business Research Company presents an extensive market research report on the ""Commercial Printing Services Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments. Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities,โ€ฆ
Security Printing Market Security Printing Market
Security Printing Market: An Overview Increased cases of forgery and counterfeiting practices are anticipated to drive the security printing market over the forecast period. Counterfeiting practices are particularly prevalent in bank notes, passports, postage stamps, identity cards, stock certificates, and contraband. Security printing helps in prevention of tampering and forgery of the instruments mentioned above. Obtain Report Details @ https://www.transparencymarketresearch.com/security-printing-market.html The key end market verticals in security printing market includes Banking, Financial Servicesโ€ฆ
Retail Security Tags Market by Technology (Barcode, Radio Frequency Identificati โ€ฆ
Retail security tags are used to attach a single or multiple products to identify, track, and count products. These are used by various companies and retail outlets to count and trace products. These offer benefits, such as automation, cost efficiency, security, and accuracy, in tracking inventory through supply chain network and retail environment. The global retail security tags market is driven by rise in security measures in retail industry and declineโ€ฆ
Textile Printing Machine Market by Type (Rotary screen textile printing, Automat โ€ฆ
According to a new report published by Allied Market Research, titled, Textile Printing Machinery by Product type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the textile printing machinery market was valued at $7,309 million in 2016, and is projected to reach at $10,220 million by 2023, growing at a CAGR of 5.0% from 2017 to 2023. Asia-Pacific is expected to be the leading contributor to the global textileโ€ฆ
Global UV Cured Printing Inks Market By Application โ€“ Flexographic, Gravure Pr โ€ฆ
Researchmoz added Most up-to-date research on "Global UV Cured Printing Inks Market By Application โ€“ Flexographic, Gravure Printing, Offset Printing, Digital Printing and Screen Printing" to its huge collection of research reports. Global UV Cured Printing Inks market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year andโ€ฆ