3D Printed Prosthetics Market Overview:
Although the medical devices and scanners needed to design 3D-printed prosthetic implants are not available in most developing economies, 3D-printed prosthetic implants have not gained full traction in the market yet. In the next decade, however, hospitals and rehabilitation centers may collaborate with leading manufacturers to increase the demand for 3D-printed prosthetic implants. Material such as polypropylene and polyethylene is used widely for designing 3D-Printed Prosthetic Implants, therefore these segments will account for the majority of the market share in terms of revenue for global 3D-Printed Prosthetic Implants. 3D-printed prosthetic implants are identical body parts that are designed using 3D printing. A 3D-printed prosthetic implant is the latest sci-fi technology that is being used in various medical applications. Using 3D scanners, prosthetic implants can be designed rapidly and accurately in three dimensions. Anatomical models of 3D-printed prosthetic implants are created using 3D custom-made medical devices and 3-D scanners. In addition to this, 3D-printed prosthetic implants can be designed to fit the anatomy of each patient. Prosthetic implants produced from 3D printing are well suited for specific diseases and conditions. Complications associated with 3D-printed prosthetic implants are also high. Nowadays, 3D-printed prosthetic implants are also used for treating hearing loss, in addition to replacing damaged human body parts. Injuries from trauma and accidents are driving the growth of the 3D-printed prosthetic implants market. A 3D-printed prosthetic implant for orthopedic use is another factor propelling the growth of the 3D-printed prosthetic implants market. Additionally, 3D-printed prosthetic implants can be customized according to the anatomy of the patient, which has boosted their demand.
The material science sector has witnessed a significant boom in recent years owing to the introduction of additive manufacturing i.e. 3D printing, which provides the freedom of experimenting with newer materials which can optimize the overall product efficiency and functionality. With the assistance of AI, the additive manufacturing sector shall boost its search for newer materials in the upcoming years, thus assisting in the overall growth of the industry. Moreover, 3D printing helps in establishing micro factories that are economically efficient, in transforming the global supply chain ecosystem and in strengthening local networks. Additionally, the 3D printers shall receive some instrumental updates which shall increase the speed of printing, so much so that it would be able to print faster than a conventional 2D printer.
The 3D Printed Prosthetics Market is assessed based on factors such as competitive analysis of the progress of emerging players and new entrants, the business expansion policies of key players, the financial and opportunity analysis of market players. Furthermore, the 3D Printed Prosthetics Market is analysed with respect to the product type or technique, regional segmentation, end user spectrum, etc. This research will be conducted with the implementation of latest market research methodologies which shall help organizations understand the overall market scenario and strategize accordingly.
Major players included in the 3D Printed Prosthetics Market:
• 3D Systems Corporation
• EnvisionTEC
• Stratasys Ltd.
• Bionicohand
• YouBionic
• UNYQ
• Mercurys
• LimbForge Inc.
• Open Bionics
• Protosthetics
• Create Prosthetics
(Note: The list of the major players will be updated with the latest market scenario and trends)
3D Printed Prosthetics Market Segmentation:
By Material
• Polypropylene
• Polyethylene
• Acrylics
• Polyurethane
By Type
• Sockets
• Limbs
• Joints
• Covers
• Other Types
By End-User
• Hospitals
• Rehabilitation Centers
• Prosthetic Clinics
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
3D Printed Prosthetics Market Competitive Analysis:
• Tier-1 Players
• Tier-2 Players
• Emerging Players
• New Entrants
Future Market Analytics Focus Points:
• SWOT Analysis
• Key Market Trends
• Key Data -Points Affecting Market Growth
• Revenue and Forecast Analysis
• Growth Opportunities For New Entrants and Emerging Players
• Key Player and Market Growth Matrix
Objectives of the Study:
• To provide a comprehensive analysis on the 3D Printed Prosthetics Market by material, by type, by end-user and by region
• To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
• To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
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