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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3D Printed Medical Devices Market Analysis
3D Printed Medical Devices Market to Witness Sales Slump in Near Term Due to COVID-19;
Long-term Outlook Remains Positive
Latest report on global 3D Printed Medical Devices Market by FMI
Analysts at Future Market Insights find that the global 3D Printed Medical Devices Market has
been evolving at a CAGR of xx% during the historic period 2014-2018. The market study
suggests that the global market size of 3D Printed Medical Devices is projected to reach ~US$
xx Mn/Bn by the end of 2019 with a CAGR of xx% over the stipulated timeframe 2019-2029.
The COVID-19 pandemic has been posing measurable impact on the global economy and, in
turn, on the 3D Printed Medical Devices Market. Quarantines, traveling constraints, and social
distancing measures on a broad-scale drive a steep decline in business and consumer spending
until the end of Q2. This research work intends to offer market players with a viewpoint on
the changing scenario and implications for the market players.
Download a Sample Report with Table of Contents and Figures: https://
www.futuremarketinsights.com/reports/sample/rep-gb-1501
The 3D Printed Medical Devices Market research demonstrates the current and future market
share of each region along with the important countries in respective region. Key regions
include:
• North America
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