3D printing is also called additive manufacturing which means the addition of layers related to raw materials for the production of objects that forms a three-dimensional file. In terms of medical, these 3D medical implants help the surgeons in surgeries by biological objects implantation and also helps to minimize the risks which are involved during the surgery, infection risk and slow down in anesthesia exposure duration. 3D printing is a highly growing technology in today’s time which boosts the manufacturers of the medical sector to produce customized products and implant them through the replacement of damanged biological structures. This 3D printed medical implant helps the patients in their rapid recovery and thus reducing their stay in hospitals.
The global 3D Printed Medical Implants Market in 2019 was approximately USD 1.2 Billion. The market is expected to grow at a CAGR of 14.3% and is anticipated to reach around USD 3.8 Billion by 2026.
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The 3D printed medical implants market research report delivers an acute valuation and taxonomy of the 3D printed medical implants industry by practically splitting the market on the basis of different components, technology, applications, end-users, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the 3D printed medical implants industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the 3D printed medical implants industry is provided for the leading economies of the world.
The 3D printed medical implants market is segmented based on component, technology, application, end-user, and region. On the basis of component segmentation, the market is classified into Material, Service, and Software. In terms of technology segmentation, the market is bifurcated into Laser Beam Melting, Electronic Beam Melting, Droplet Deposition, Others. In terms of application, the market is classified into Dental, Orthopedic, Cranial, Others. Lastly, on the basis of end-user, the market is bifurcated into Pharmaceutical & Biopharmaceutical Companies, Academic Institutions, Surgical Centers, Others.
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Major key players operating in the 3D printed medical implants market includes Aspect Biosystems, Organovo, 3D Bioprinting Solutions, Rokit, Stratasys, Medprin, Cyfuse Biomedical, Formlabs, Materialise, BioBots among others.