Release date: 2016-11-21 Market research firm Future Market Insights recently released a report that the global 3D printed medical device market is expected to reach $279.6 million in 2016 and a compound annual growth rate (CAGR) of 17.5% over the next 10 years. In 2015, the valuation was close to $238 million, and its growth was attributed to factors such as an increase in certain medical conditions, an increase in personal care awareness, and an increase in the elderly population. The report, "3D Print Medical Device Market: Global Industry Analysis and Opportunity Assessment 2016-2026," divides the 3D printed medical device market into six distinct segments, depending on the type of additive manufacturing technology used. They are stereolithography (SLA), selective laser sintering (SLS), digital light processing (DLP), fused deposition modeling (FDM), polymer inkjet/inkjet 3D printing, and electron beam melting (EBM). Of course, in the medical field, each 3D printing technology has different importance and applicability for specific applications, such as the manufacture of prostheses, implants, orthopedics and dental devices. Among them, SLS 3D printing technology showed the highest revenue share in the market in 2015, and is expected to reach 230 million US dollars by 2026, with a compound annual growth rate of 15.3%. At the same time, EBM 3D printing technology is expected to grow significantly, even beyond all other sub-categories. The report also describes various 3D printed materials used in the manufacture of medical devices, including resins, plastics and certain metals. Among them, the plastics material sector has the highest revenue share, with an estimated value of $984.7 million by 2026, a compound annual growth rate of 17.2%. Not surprisingly, the report ranks orthopedic implants as the most important application in the 3D printed medical device market, and it has the highest revenue share compared to other applications. By 2026, the estimated value is $643 million and the CAGR growth rate is expected to be 19.9%. The report analyzes that hospital end-user distribution channels (such as mobile surgery centers and diagnostic centers) have the highest demand and most importantly compared to other distribution channel categories. Like the 3D bioprinting market, the 3D printing medical device market is currently dominated by North America (the most profitable). According to the report, the North American 3D printed medical device market generated revenue of $105 million in 2015, and this number is expected to grow over the next decade. Similarly, although not high, incomes in Western and Eastern Europe and the Asia Pacific region are also expected to rise. For example, in the next decade, Western Europe expects a compound annual growth rate of 18.5%, compared with 15.6% in Eastern Europe. In the growing market for 3D printed medical devices, there are a number of industry giants, including 3D Systems, Stratasys, Arcam AB, FabRx, EOS, EnvisionTEC, and others. They are working alone or in concert to break existing barriers in the 3D printed medical device market, such as material constraints, structural size constraints and cost constraints. As medical devices are customized to customers, and demand for high quality and affordable features continues, 3D printing will continue to be a viable option for medical device manufacturing. Source: Tiangongshe Pumpkin Seeds,Hulled Pumpkin Seed,All Kind Pumpkin Seed,Pumpkin Seed Kernel Inner Mongolia Xuanda Food Co., Ltd. , https://www.xuandagroup.com