As medical devices become more demanding, such as customer customization, quality and affordability, 3D printing will continue to be a viable option for medical device manufacturing.
Market research firm FutureMarketInsights 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, compared to nearly 238 million in 2015. Dollar.
3D Print Medical Device Market: The 2016-2026 Global Industry Analysis and Opportunity Assessment Report states that the 3D printed medical device market is divided into six distinct segments based on the type of additive manufacturing technology used, which 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). Among them, SLS3D 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%.
Like the 3D bioprinting market, the 3D printing medical device market is currently dominated by North America, and the North American 3D printing medical device market generated revenue of $105 million in 2015. This number is expected to grow over the next decade.
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