ALBANY, N.Y.--(BUSINESS WIRE)--A recent report published by Transparency Market Research states that the global 3D printing in medical applications market, which stood at US$354.5 million in 2012 is anticipated to reach US$965.5 million by 2019, exhibiting progressive at 15.4% CAGR between 2013 and 2019.
Browse Report: http://www.transparencymarketresearch.com/3d-printing-medical-applications.html
The report is titled “3D Printing in Medical Applications Market (Medical Implants (Dental, Orthopedic, Cranio-maxillofacial), Surgical Guides, Surgical Instruments, Bio-engineered Products) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, is available for sale on the company website.
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Technological advancements, rising government investments, and increasing number of medical applications are key factors driving the 3D printing in medical applications market. However, lack of skilled professionals and material development are anticipated to hamper the growth of the market.
Press Release: http://www.transparencymarketresearch.com/pressrelease/3d-printing-medical-applications.htm
As per applications, the global 3D printing in medical applications market has been segmented into surgical guides, implants, bioengineering, and surgical instruments. On the basis of raw materials, this market has been categorized into biological cells, ceramics, metals, and polymers. As bio-models make use of polymers and metals, these segments are anticipated to grow at the fastest pace in the coming years.
Article: http://www.transparencymarketresearch.com/article/3d-printing-medical-applications.htm
The market has been further categorized on the basis of technologies into droplet deposition production (fused deposition modeling, inkjet printing, and multiphase jet solidification), electron beam melting (photopolymerization and laser beam melting), and stereolithography (digital light processing and two photon polymerization). Among these, photopolymerization and laser beam melting accounts for the biggest market share.
Geographically, in 2012 North America dominated the market. However, Europe is expected to lead the market during the forecast period. Some of the key players in the market are Materialise NV, EnvisionTEC, Stratasys, Arcam AB, and 3D Systems.
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About TMR
Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
