Market Research Reports- Consulting Analysis Crystal Market Research 3D Printing Medical Devices Market | Page 2

Selective laser sintering (SLS) powder based 3D printing market accounted for the largest shareof the 3D
printing medical devices market in 2016, due to its ability to produce highly durable parts; it doesn't
require the support structures which protects the design from falling during production.Orthopedic
implants market held the largest share of the overall market in 2016, as 3D printed medical devices are
largely adopted for orthopedic applications.Hospitals segment dominated the global market in 2016, as
large number of surgeries requiring 3D printed medical devices are conducted in hospitals.
U.S. held the largest share of the North American 3D printing medical devices market in 2016. This can
be attributed to factors such as high adoption of 3D printing technology along with emphasis on research
and development initiatives.Likewise, Japan accounted for a majority of the Asia-Pacific market for 3D
printing medical devices, due to rising awareness about 3D printing technology for medical devices and
government initiatives to support developments in 3D technology.
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Some of the major companies in the global 3D printing medical devices market areArcam AB, 3D
Systems, Inc., Stratasys Ltd., Cyfuse Biomedical K.K., EOS GmbH Electro Optical Systems, Organovo
Holdings, SLM Solutions Group AG, FabRx Ltd., EnvisionTEC, and Bio3D Technologies.Technological
advancement is the primary strategy adopted by key players operating in the 3D printing medical devices
market. For instance, in May 2016, Stratasys, a 3D printing and additive manufacturing solutions
company launched the world’s first full-color, multi material 3D printer, the J750. This system enables
the customers to mix and match full color gradients with a wide range of materials.
Key Findings of the Research Study:
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Plastics segment accounted for more than two-third share of the global market in 2016.
Polymers segment accounted for over one-third share of the overall market in 2016, due to their
primary use in bio-model printing.
North America dominated the global 3D printing medical devices market in 2016, holding over
one-third share of the market, owing to the presence of advanced healthcare infrastructure and
highly sophisticated research and development facilities.
Europe is anticipated to be the second fastest growing 3D printing medical devices market
registering a double digit growth rate over the forecast period.
India and China are projected to witness robust growth during the forecast period, due to high
patient population and increase in need for advanced health care services due to growing
disposable income.
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