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3D Printed Medical Devices Market Revenue Supposed to Reach 1469.4 Million by 2026

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3D printed medical products are state-of-the-art medical devices which involve a procedure of developing three dimensional solid objects from the digital model. Patient specific treatment methods are lower than replacement 3D printing technology within the healthcare industry. Within the domain of healthcare, 3D printing technology is employed to develop medical devices such as dental implants, orthopaedic implants, prosthetics, and assistive hearing aid devices. Furthermore, hospitals and academic institutes use 3D printing technology to develop various models for training purposes. 3D printed medical devices considered in the report typically use technologies for example stereolithography (SLA), selective layer sintering (SLS), digital light processing (DLP), fused deposition modelling (FDM), polyjet / inkjet 3D printing, and electronic beam melting (EBM).

In terms of revenue, the global 3D printed medical devices information mill likely to grow in a CAGR of 17.7% during the forecast period and is also projected to get priced at US$ 1469.4 million after 2026.

Increasing geriatric population and a boost in the number of accidents is fuelling the worldwide niche for 3D printed medical devices

Expansion of the worldwide 3D printed medical devices market is principally driven by increasing geriatric population across the globe, thus helping the likelihood of diabetes-related gangrene cases, peripheral vascular disease, and osteoarthritis among elderly individuals. Additionally, increasing incidence of accidents because of rapid modernisation, usage of fast moving machinery, and increasing prevalence of chronic diseases is required to fuel market growth over the forecast period. However, relatively low adoption of 3D printing technology and regulatory considerations may hinder the expansion of the 3D printed medical devices market in the forecast period.

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