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 Europe medical device additives manufacturing market is expected to reach US$ 1,168.29 million by 2027 from US$ 362.70 million in 2019; it is anticipated to grow at a CAGR of 15.9% 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 Europe 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 Europe medical device additives manufacturing market in 2019. In terms of product, the surgical instruments segment accounted for the largest share of the Europe medical device additives manufacturing market in 2019.The orthopedic segment accounted for the largest share of the Europe medical device additives manufacturing market, by application, in 2019.
Major Sources and Companies Listed
Several major primary and secondary sources associated with the Europe medical device additives manufacturing market report are the World Health Organization (WHO), Centers of Disease Control and Prevention (CDC), European Union, among others.
Reasons to Buy Report
- It provides understanding of the Europe, 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 Europe 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 Europe 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.
EUROPE 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
- Craniomaxillofacial
By Country
- Germany
- UK
- France
- Italy
- Spain
Company Profiles
- 3D Systems, Inc.
- GE Additives
- Materialise NV
- Renishaw plc.
- STRATASYS LTD
- VAUPELL, INC.
- EOS Gmbh
Europe Medical Devices Additives Manufacturing Market Strategic Insights
Europe Medical Devices Additives Manufacturing Market Report Highlights
| Report Attribute | Details |
| Market size in 2019 | US$ 362.70 Million |
| Market Size by 2027 | US$ 1,168.29 Million |
| CAGR (2019 - 2027) | 15.9% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Technology
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Regions and Countries Covered
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| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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Europe Medical Devices Additives Manufacturing Market Country and Regional Insights