3D Printing Medical Devices - Global Market Trajectory & Analytics

Global 3D Printing Medical Devices Market to Reach US$3.7 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for 3D Printing Medical Devices estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 16.3% over the analysis period 2020-2027.Systems, one of the segments analyzed in the report, is projected to grow at a 15.9% CAGR to reach US$2 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Materials segment is readjusted to a revised 17.9% CAGR for the next 7-year period. This segment currently accounts for a 29.2% share of the global 3D Printing Medical Devices market.

The U.S. Accounts for Over 35.3% of Global Market Size in 2020, While China is Forecast to Grow at a 17.6% CAGR for the Period of 2020-2027

The 3D Printing Medical Devices market in the U.S. is estimated at US$451.8 Million in the year 2020. The country currently accounts for a 35.33% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$488.5 Million in the year 2027 trailing a CAGR of 17.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.4% and 15.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 16.8% CAGR while Rest of European market (as defined in the study) will reach US$488.5 Million by the year 2027.

Services Segment Corners a 14.3% Share in 2020

In the global Services segment, USA, Canada, Japan, China and Europe will drive the 14.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$160.5 Million in the year 2020 will reach a projected size of US$406 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$280.5 Million by the year 2027.

Select Competitors (Total 93 Featured) -

• 3D Systems, Inc.
• Arcam EBM, A GE Additive Company
• Cyfuse Biomedical K.K.
• envisionTEC GmbH
• Materialise NV
• Organovo Holdings, Inc.
• Oxford Performance Materials
• SLM Solutions Group AG
• Stratasys Ltd.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.