Asia-Pacific Medical Device 3D Printing market is poised to reach USD 370.69 million by 2021.
Medical Device 3D Printing Market by Product type, by Material type, by Technology and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021).
(EMAILWIRE.COM, December 18, 2017 ) Asia-Pacific Medical Device 3D Printing market is estimated at USD 107.38 million in 2015 and is poised to reach USD 370.69 million by 2020, growing at a CAGR of 28.12%. 3D printing is being considered as the next greatest chapter in the industrial uprising. This technology has the potential to radically transform the way medical devices are used to treat patients. It will impact health care in many ways, including implantable and non-implantable medical devices, along with cost-effective customizable devices.
The major factors driving the growth of 3D printed medical device in Asia-Pacific region are the latest advancements in technologies, growing awareness about the new developments in the medical, diversity of materials that range from polymers to living tissue, supportive policies and funding from government. In addition, the rising demand for patient-specific products in orthopaedics and maxillofacial surgery and the availability of wide range of material options like polymers, nylon etc. and the reduction in prices of 3D models have increased the adoption of 3D printing in various medical fields.
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The Asia-Pacific medical device 3D printing market is categorised on the basis of product type into Prosthetics, Medical Implants, Surgical guides, Surgical Instruments and Hearing & Audibility Aid devices. On the basis of Material used for manufacturing the market is segmented under Ceramics, Metal & Metal alloys, Nylon, Plastics, Biomaterials, and Wax. It has been observed that the plastics namely, acrylonitrile butadiene styrene (ABS), and polylactic acid (PLA) along with nylon, have seen an increased usage mainly due to the comfortability and simplicity in application. Further, use of metals with high strength and resistance is expected to have fastest growth in the near future.
In addition, on the basis of technology the market products are segregated under various technologies employed namely, Laser beam melting (LBM), Electron Beam Melting (EBM), Wax deposition Modelling, Droplet Deposition, and Bio Printing.
Market Segmentation:
1 By Product Type
1.1 Medical Implants
1.1.1 Orthopedic Implants
1.1.2 Dental Implants
1.1.3 Craniomaxillofacial Implants
1.2 Prosthetics
1.3 Tissue Engineering
1.5 Surgical Instruments
1.6 Surgical Guides
1.7 Hearing & Audibility Aid
2 By Material
2.1 Plastics
2.2 Biomaterials
2.3 Metal & Metal Alloys
2.4 Ceramics
2.5 Nylon
2.6 Wax
3 By Technology
3.1 Laser Beam Melting (LBM)
3.2 Electron Beam Melting (EBM)
3.3 Droplet Deposition
3.4 Photopolymerization
3.5 Wax deposition Modelling
3.6 Bio Printing
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Further, on the basis of geography the market is segmented and analysed under countries namely, India, China, Japan, Australia and South Korea. Japan being the most technologically advanced nation in this region is predicted to show high potential for growth in the near future. While both India and China present great opportunities and will be the target market for major MNC’s.
Some of the major companies operating in the 3D printing industry with significant presence in medical equipment domain are Stratasys Ltd. 3D Systems Corporation, EnvisionTEC GmbH, Renishaw plc, EOS GmbH Electro Optical Systems, Materialise NV, 3T RPD, Ltd., Concept Laser GmbH, Arcam AB, and Prodways.
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The major factors driving the growth of 3D printed medical device in Asia-Pacific region are the latest advancements in technologies, growing awareness about the new developments in the medical, diversity of materials that range from polymers to living tissue, supportive policies and funding from government. In addition, the rising demand for patient-specific products in orthopaedics and maxillofacial surgery and the availability of wide range of material options like polymers, nylon etc. and the reduction in prices of 3D models have increased the adoption of 3D printing in various medical fields.
View full report @ http://www.marketdataforecast.com/market-reports/asia-pacific-medical-device-three-dimension-printing-market-335/
The Asia-Pacific medical device 3D printing market is categorised on the basis of product type into Prosthetics, Medical Implants, Surgical guides, Surgical Instruments and Hearing & Audibility Aid devices. On the basis of Material used for manufacturing the market is segmented under Ceramics, Metal & Metal alloys, Nylon, Plastics, Biomaterials, and Wax. It has been observed that the plastics namely, acrylonitrile butadiene styrene (ABS), and polylactic acid (PLA) along with nylon, have seen an increased usage mainly due to the comfortability and simplicity in application. Further, use of metals with high strength and resistance is expected to have fastest growth in the near future.
In addition, on the basis of technology the market products are segregated under various technologies employed namely, Laser beam melting (LBM), Electron Beam Melting (EBM), Wax deposition Modelling, Droplet Deposition, and Bio Printing.
Market Segmentation:
1 By Product Type
1.1 Medical Implants
1.1.1 Orthopedic Implants
1.1.2 Dental Implants
1.1.3 Craniomaxillofacial Implants
1.2 Prosthetics
1.3 Tissue Engineering
1.5 Surgical Instruments
1.6 Surgical Guides
1.7 Hearing & Audibility Aid
2 By Material
2.1 Plastics
2.2 Biomaterials
2.3 Metal & Metal Alloys
2.4 Ceramics
2.5 Nylon
2.6 Wax
3 By Technology
3.1 Laser Beam Melting (LBM)
3.2 Electron Beam Melting (EBM)
3.3 Droplet Deposition
3.4 Photopolymerization
3.5 Wax deposition Modelling
3.6 Bio Printing
Get free sample report @ http://www.marketdataforecast.com/market-reports/asia-pacific-medical-device-three-dimension-printing-market-335/request-sample
Further, on the basis of geography the market is segmented and analysed under countries namely, India, China, Japan, Australia and South Korea. Japan being the most technologically advanced nation in this region is predicted to show high potential for growth in the near future. While both India and China present great opportunities and will be the target market for major MNC’s.
Some of the major companies operating in the 3D printing industry with significant presence in medical equipment domain are Stratasys Ltd. 3D Systems Corporation, EnvisionTEC GmbH, Renishaw plc, EOS GmbH Electro Optical Systems, Materialise NV, 3T RPD, Ltd., Concept Laser GmbH, Arcam AB, and Prodways.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
More about Market Data Forecast
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results