The global 3D
printing medical devices market is expected to exceed US$ 1,700 Mn in revenues
by 2022-end, according to a recent research by Fact.MR.
The global 3D printing medical devices market is expected to
exceed US$ 1,700 Mn in revenues by 2022-end, according to a recent research by
Fact.MR. The global 3D printing medical devices market is poised to exhibit a
high double-digit CAGR during 2017 to 2022. Introduction of 3D-printed tablets
has paved new opportunities for 3D-printing technology, increasing its
application across the pharmaceutical industry.
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Numerous collaborations have been witnessed worldwide,
between academic institutions and major players in the market, who are
investing heavily in R&D activities. 3D-printing technology has been
revolutionizing the preclinical drug testing, making the testing on 3D-printed
organs convenient, thereby resulting into the provision of a substitute for
animal testing. This technology is also making it easy for surgeons to improve
the complicated procedures’ success rate. The aforementioned factors are
expected to augment demand
for 3D printing medical devices in the years to come.
Potential of 3D-printing in transforming medical devices’
use to treat various diseases is impacting the healthcare sector, enabling
construction of non-implantable and implantable medical devices, and
cost-effective customizable medical devices. Rise in demand for medical devices
that match a patient’s anatomy in orthopedic, and maxillofacial surgery is
favoring expansion of medical 3D-printing industry. Facilitating surgeons in
planning surgeries, 3D printing medical devices help in lowering operative
risks encountered during complex procedures, reduce duration of anesthesia
exposure, decrease risk of infection, enable patients in recovering faster, and
dramatically reduce time of hospital stay. These factors might further impact
the market growth over the forecast period.
Contact Information
Fact.MR
11140 Rockville Pike Suite 400 Rockville, MD
20852
United States
Phone: +1 (628) 251-1583
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