Demand for 3D Printed Medical Devices Set for Stupendous Growth in and Post 2020, Buoyed by the Global COVID-19 Pandemic
The global landscape of 3D printing or additive manufacturing will soon represent a multi-billion-dollar industry. Its application in the medical devices sector has been creating a lucrative opportunity for manufacturers. In 2019, 3D printed medical device sales would account for revenues of over US$ 400 Mn, which will experience fourfold growth towards the end of forecast period (2019 - 2029). As 3D printing technology helps medical device manufacturers to achieve high complexity, high sterilization, and digital monitoring, all at reduced overall costs, the investments in 3D printed medical devices will continue to gather traction.
The global landscape of 3D printing or additive manufacturing will soon represent a multi-billion-dollar industry. Its application in the medical devices sector has been creating a lucrative opportunity for manufacturers. In 2019, 3D printed medical device sales would account for revenues of over US$ 400 Mn, which will experience fourfold growth towards the end of forecast period (2019 - 2029). As 3D printing technology helps medical device manufacturers to achieve high complexity, high sterilization, and digital monitoring, all at reduced overall costs, the investments in 3D printed medical devices will continue to gather traction.
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Research Methodology (1/2)
Systematic Research Approach
Market profiling
Formulating discussion guide
Developing list of respondents
Data collection
Data validation
Data analysis
Insights
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In-depth secondary research is used
to ascertain overall market size, top
industry players, top products,
industry associations, etc.
FMI formulates a detailed discussion
guide to conduct expert and industry
interviews
FMI develops a list of industry players
(manufacturers), distributors,
retailers and industry experts
FMI conducts interviews with industry
experts, industry players, distributors
and retailers
Data is validated by triangulation
method, wherein secondary, primary
and FMI analysis contribute to the
final data
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
FMI delivers industry insights and
information in the required format
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Questionnaire design
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Market participants
Key strengths
Product portfolio
Mapping as per value
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Key focus segments
Primary Research #
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Company
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Actionable
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Business
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Products
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