3D Printing Medical Devices

Global Market Trajectory & Analytics

MCP16114

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419
Number of executives repeatedly engaged by snail & email outreach

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17
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DATE

MAR 2021

TABLES

147

PAGES

408

EDITION

7

PRICE

USD $5450


  

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for 3D Printing Medical Devices estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 16.3% over the analysis period 2020-2027.Systems, one of the segments analyzed in the report, is projected to grow at a 15.9% CAGR to reach US$2 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Materials segment is readjusted to a revised 17.9% CAGR for the next 7-year period. This segment currently accounts for a 29.2% share of the global 3D Printing Medical Devices market.
The 3D Printing Medical Devices market in the U.S. is estimated at US$451.8 Million in the year 2020. The country currently accounts for a 35.33% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$488.5 Million in the year 2027 trailing a CAGR of 17.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.4% and 15.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 16.8% CAGR while Rest of European market (as defined in the study) will reach US$488.5 Million by the year 2027.
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 14.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$160.5 Million in the year 2020 will reach a projected size of US$406 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$280.5 Million by the year 2027.

SELECT PLAYERS

3D Systems, Inc.; Arcam EBM, A GE Additive Company; Cyfuse Biomedical K.K.; envisionTEC GmbH; Materialise NV; Organovo Holdings, Inc.; Oxford Performance Materials; SLM Solutions Group AG; Stratasys Ltd.

SEGMENTS

» Component (Systems, Materials, Services) » Technology (Photopolymerization, Laser Beam Melting, Droplet Deposition, Electron Beam Melting (EBM), Other Technologies) » End-Use (Medical & Surgical Centers, Pharma & Biotech Companies, Other End-Uses)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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