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(Medical-NewsWire.com, December 06, 2017 ) The technology for 3-D printing, also known as additive manufacturing, has existed in various form since the 1980s. However, the technology has not been proficient enough or cost-effective for most end-product or high-volume commercial manufacturing. Right now expectations are running high that these shortcomings are about to change with 3D printing quite possibly being the next greatest chapter in the industrial uprising.
With the rising demand for patient-specific products in orthopaedics and maxillofacial surgery in addition to the latest advancements in technologies and growing awareness about the new developments in the healthcare field, for 3D printed medical devices market is showing great potential. Further, diversity of materials that range from polymers to living tissue, supportive policies and funding from government are also helping the market growth. Now, with the availability of wide range of material options like polymers, nylon etc and the fall in of 3D models prices have increased the adaptability of 3D printing in healthcare sector.
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The North America medical device 3D printing market is segmented on the basis of product type into Medical Implants, Prosthetics, Surgical Guides, Surgical Instruments and Hearing & Audibility Aid devices. On the basis of Material used for manufacturing the market is segmented under Plastics, Biomaterials, Metal & Metal alloys, Nylon, Ceramics and Wax. It is found that plastics like acrylonitrile butadiene styrene (ABS), and polylactic acid (PLA) along with nylon, have increased usage mainly due to the comfortability in their usage. 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 is segregated under various technologies employed namely, Laser beam melting (LBM), Electron Beam Melting (EBM), Droplet Deposition, Wax deposition Modelling 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, USA and Canada. The most developed nations have the potential for growth in coming few years due to their technological advancements. Currently, USA is the leading consumer of 3D printing technology in the healthcare industry.
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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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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Source: EmailWire.Com 
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