Laser Sintering Segment Held Largest Share of Asia Pacific Medical Device Additives Manufacturing Market in 2019
According to the new market research study on “Asia Pacific Medical Device Additives Manufacturing Market to 2027 - Regional Analysis and Forecast - by Technology, Products, and Applications” the market is expected to reach US$854.79 million by 2027 from US$249.15 million in 2019; it is estimated to grow at a CAGR of 16.8% from 2020 to 2027. The report provides trends prevailing in the Asia Pacific medical device additives manufacturing market, and drivers and restraints pertaining to the market growth.
The Asia Pacific medical device additives manufacturing market based on technology is segmented into laser sintering, electron beam melting, stereolithography, and extrusion. In 2019, the Laser Sintering segment accounted for the largest share of the Asia Pacific Medical Device Additives Manufacturing market. The growth of the market for this segment is attributed to the advantageous over Stereolithography and other methods and Laser sintering can develop medical devices and its parts with high-precision and geometries that are almost impossible to achieve by other methods. Further, the segment is also likely register the highest CAGR in the market during the forecast period.
The growth of the Asia Pacific medical device additives manufacturing market is mainly attributed to high investments and expenditure on healthcare and advancing technologies in manufacturing medical devices, strong presence of key market players and the increasing demand for implants of orthopedic, dental and cochlear applications; However, high costs associated with medical device additives manufacturing procedures is the major factor hindering the market growth in Asia Pacific.
A few of the leading companies operating in the Asia Pacific medical device additives manufacturing market are 3D Systems, Inc., GE Additives, Materialise NV, Renishaw plc., STRATASYS LTD, VAUPELL, INC., EOS Gmbh, and others.
The report segments Asia Pacific medical device additives manufacturing market as follows:
By Technology
By Product
By Applications
By Country
Reasons to Buy
According to the new market research study on “Asia Pacific Medical Device Additives Manufacturing Market to 2027 - Regional Analysis and Forecast - by Technology, Products, and Applications” the market is expected to reach US$854.79 million by 2027 from US$249.15 million in 2019; it is estimated to grow at a CAGR of 16.8% from 2020 to 2027. The report provides trends prevailing in the Asia Pacific medical device additives manufacturing market, and drivers and restraints pertaining to the market growth.
The Asia Pacific medical device additives manufacturing market based on technology is segmented into laser sintering, electron beam melting, stereolithography, and extrusion. In 2019, the Laser Sintering segment accounted for the largest share of the Asia Pacific Medical Device Additives Manufacturing market. The growth of the market for this segment is attributed to the advantageous over Stereolithography and other methods and Laser sintering can develop medical devices and its parts with high-precision and geometries that are almost impossible to achieve by other methods. Further, the segment is also likely register the highest CAGR in the market during the forecast period.
The growth of the Asia Pacific medical device additives manufacturing market is mainly attributed to high investments and expenditure on healthcare and advancing technologies in manufacturing medical devices, strong presence of key market players and the increasing demand for implants of orthopedic, dental and cochlear applications; However, high costs associated with medical device additives manufacturing procedures is the major factor hindering the market growth in Asia Pacific.
A few of the leading companies operating in the Asia Pacific medical device additives manufacturing market are 3D Systems, Inc., GE Additives, Materialise NV, Renishaw plc., STRATASYS LTD, VAUPELL, INC., EOS Gmbh, and others.
The report segments Asia Pacific medical device additives manufacturing market as follows:
By Technology
- Laser Sintering,
- Electron Beam Melting,
- Stereolithography,
- Extrusion
By Product
- Surgical Guides,
- Surgical Instruments,
- Implants and Prosthetics,
- Tissue Engineering,
- Other Products
By Applications
- Orthopedic,
- Bioengineering,
- Cardiomaxillofacial
By Country
- China
- Japan
- India
- Australia
- South Korea
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Medical Device Additives Manufacturing market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Medical Device Additives Manufacturing market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
3. Research Methodology
4. Asia Pacific Medical device additive manufacturing Market - Market Landscape
5. Asia Pacific Medical device additive manufacturing Market - Key Market Dynamics
6. Medical Device Additive Manufacturing Market - Asia Pacific Analysis
7. Asia Pacific Medical Device Additive Manufacturing Market Analysis - By Technology
8. Asia Pacific Medical Device Additive Manufacturing Market Analysis - By Product
9. Asia Pacific Medical Device Additive Manufacturing Market Analysis - By Application
10. Medical Device Additive Manufacturing Market Analysis And Forecasts To 2027 - Regional Analysis
11. Impact of COVID-19 Pandemic on Asia Pacific Medical device additive manufacturing Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3D Systems, Inc.
- GE Additives
- Materialise NV
- Renishaw plc.
- STRATASYS LTD
- VAUPELL, INC.
- EOS Gmbh