Asia Pacific Medical Devices Additives Manufacturing Market

Market Introduction

Additive manufacturing is a technique used for manufacturing rapid prototypes as well as functional end-use parts. The use of additive manufacturing in the medical industry has witnessed an accelerating adoption in the recent years owing to various technological advancements such as custom-made medical devices. With additive manufacturing being implied in the healthcare industry, the scope for customization and innovation of medical devices has increased considerably over the last few years.

Market Dynamics

The Asia Pacific medical device additives manufacturing market is expected to reach US$ 854.79 million by 2027 from US$ 249.15 million in 2019; it is anticipated to grow at a CAGR of 16.8% during 2019–2027.Factors such as 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 are expected to boost the growth of the medical device additives manufacturing market in the coming years. However, the market is likely to get impacted by the risk factor such as high costs associated medical device additives manufacturing procedures during the forecast period.

Market Scope

The scope of the Asia Pacific medical device additives manufacturing market includes technology, products, application, and country. In terms of technology, the laser sintering segment accounted for the largest share of the Asia Pacific medical device additives manufacturing market in 2019. In terms of product, the surgical instruments segment accounted for the largest share of the Asia Pacific medical device additives manufacturing market in 2019.The orthopedic segment accounted for the largest share of the Asia Pacific medical device additives manufacturing market, by application, in 2019.

Major Sources and Companies Listed

Several major primary and secondary sources associated with the Asia Pacific medical device additives manufacturing market report are the World Health Organization (WHO), Centers of Disease Control and Prevention (CDC), Chinese government, Ministry of health and welfare, Japan and among others.

Reasons to Buy Report

• It provides understanding of the Asia Pacific, medical device additives manufacturing market landscape and identifies medical device additives manufacturing market segments that are most likely to guarantee a strong return.
• It guides stay ahead of the race by comprehending the ever-changing competitive landscape for the Asia Pacific medical device additives manufacturing market.
• It helps efficiently plan merger and acquisition, and partnership deals in the Medical Device Additives Manufacturing market by identifying market segments with the most promising probable sales.
• It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of medical device additives manufacturing market performance of various segments pertaining to the Asia Pacific medical device additives manufacturing market.
• It provides medical device additives manufacturing market revenue forecast of the market based on various segments for the period from 2019 to 2027.

ASIA PACIFIC MEDICAL DEVICE ADDITIVES MANUFACTURINGMARKET SEGMENTATION

By Technology

• Laser Sintering,
• Electron Beam Melting
• Stereolithography
• Extrusion

By Products

• Surgical Guides
• Surgical Instruments
• Implants and Prosthetics
• Tissue Engineering
• Other Products

By Application

• Orthopedic
• Bioengineering
• Cardiomaxillofacial

By Country

• China
• Japan
• India
• Australia
• South Korea

Company Profiles

• 3D Systems, Inc.
• GE Additives
• Materialise NV
• Renishaw plc.
• STRATASYS LTD
• VAUPELL, INC.
• EOS Gmbh