Bharat Book Bureau Provides the Trending Industry Research Report on “Global 3D Printing Medical Device Software Market: Information by Type, Function, Application, End User and Region – Forecast till 2027” under Life Sciences Market Research Reports Category. The report offers a collection of superior Industry research, Industry analysis, competitive intelligence and Industry reports.
According to our company analysis, the global 3D Printing Medical Device Software Market is expected to exhibit a notable CAGR of 17.62% during the review period of 2020 to 2027. 3D printing is emerging as a permissive technology for various unfold applications and the global market is anticipated to push the growth. Nowadays the technology is endorsed into the healthcare sector enabling 3D printing applications for medical practitioners, manufacturers of medical devices, as well as researchers in drug development and safety, dental & orthodontic treatments, etc. The technology is adopted rapidly as it helps patient engagement in understanding their diseases and participating in their decision-making and improves communication with patients. The market growth of global 3D printing is attributed to the growing public-private funding for 3D Printing development and technology up-gradation in recent years.
The global 3D printing market is expected to witness healthy market growth with the highest market value of USD 657.08 million in 2019. The global market growth is attributed to the technological developments in a software solution growing demand for low-cost 3D printed medical devices and the increasing need for customized medical devices. However, Stringent government regulations for the approval of 3D-printed medical devices are expected to restrain the global market growth during the review period.
The global 3D printing medical device software market is segmented into type, function, application, and end-user.Based on the Type segment the global market has been bifurcated into Integrated and Standalone.In terms of function the Global 3D Printing Medical Device Software Market has been classified into Printing, Analysis, Planning, Design, Visualization, Navigation, and Others.In terms of the Application segment, the market has been classified into Medical Imaging, Dental, Surgery, Research, Physical Therapy, Aesthetic Medicine, and Others.Based on End Users the global market is segmented into Medical Device Companies, Dental Laboratories, Hospitals and Clinics, Research Institutes, and Others.
The global 3D printing medical devices software market has been studied across the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas is likely to drive the global market owing to the 42.16% market share in 2019. The regional market is driven by the innovation & fastest adoption of advanced technologies and the existence of Major Players in this region. For instance, key leaders, including Materialise (Belgium) and Stratasys (Israel), have a presence in the region.
Europe is expected to contribute the second-largest market in the 3D printing medical devices software market due to innovations in technology and a well-established medical industry in the region. Germany, the UK, Italy, and France are the leading 3D printing medical device software markets.
The prominent players in the global 3D printing medical device software market include Stratasys Ltd (Israel), Nemotec (Italy), ), Real Dimension Inc (US), Regenhu (Switzerland), 3D Totem (Israel), Ackuretta Technologies (China), PS-Medtech (Netherlands), DWS Systems (Italy), 3D Systems Corporation (US), Carima (South Koreaand Materialise NV (Belgium).
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