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Global 3D Printing Medical Devices Market to Grow at a CAGR of 15.4% until 2028 | BlueWeave Consulting

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New Delhi, July 06, 2022 (GLOBE NEWSWIRE) — Global 3D Printing Medical Devices Market is flourishing owing to an increase in customer development, an extension of the variety of biomedical applications, and major Research and Developments for the advancement of 3D printers at the academic and industrial levels…

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Global 3D Printing Medical Devices Market was worth USD 2.55 billion in the year 2021. The market is projected to grow at a CAGR of 15.4%, earning revenues of around USD 6.87 billion by the end of 2028. The Global 3D Printing Medical Devices Market is booming because of the expanding biomedical application. Moreover, the key drivers of the market’s expansion are the rising public-private funding for 3D printing activities, the high prevalence of dental and orthopedic diseases, the ease with which customized medical products can be developed using 3D printing, the expanding use of 3D printing in the healthcare sector, and the accessibility of advanced 3D printing materials for dental and medical applications, as well as the rising demand for 3D-printed goods in the cosmetics and pharmaceutical industries. Furthermore, Global 3D Printing Medical Devices Market is one of the most emerging markets that grow continuously owing to the fast integration of new technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), cloud computing, and others. However, high 3D printing costs, rising payment issues, escalating copyright and patent issues, and a lack of experienced labor, in turn, may act as a huge restraining factor for the market growth.

Growing Uses of 3D Printing in the Healthcare Sector is driving Global 3D Printing Medical Devices Market

Medical device manufacturers employ 3D printers to create a range of products, including those with intricate geometry or features that are specific to a patient’s anatomy. A standard design is used to print a small number of devices, after which numerous exact replicas of the same device are created. The patient-specific imaging data is used to develop additional devices, sometimes known as patient-matched or patient-specific devices. The choice of technology for 3D printing is influenced by a variety of elements, including the printer’s ease of use and the intended purpose of printed objects. The most popular technology for 3D printing medical equipment is powder bed fusion. This method works with a variety of components made of nylon and titanium, which are employed in medical equipment.

With 3D printing, it is inexpensive and straightforward to produce patient-specific, tactile reference models from CT and MRI scans. These models give doctors a different viewpoint to better prepare for operations, which dramatically cuts down on the length and cost of the actual surgery carried out in the operating room. Patients may benefit from this in the form of increased satisfaction, decreased anxiety, and accelerated healing. Additionally, the introduction of new biocompatible medical 3D printing materials aids in the creation of fresh surgical instruments and methods with the ultimate objective of enhancing the surgical experience for the patient. Sterilizable fixation trays, contouring templates, and implant sizing models are some of the tools that can be printed using 3D printing techniques. These tools can be used to size implants in the operating room before the first cut, saving time and enhancing accuracy for surgeons during challenging procedures. All these factors reinforce the growth of the Global 3D Printing Medical Devices Market.

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Challenge: A Skilled Workforce is in Short Supply due to a Lack of Specialized Training in Additive Manufacturing.

The lack of a skilled workforce is one of the most significant barriers to the adoption of additive manufacturing or 3D printing. There is a very limited pool of staff available who are well-versed in 3D printing processes, which is exacerbated by the rapid pace of evolution of the 3D printing medical devices market in terms of technology and materials. Moreover, there are few training programs for additive manufacturing available, and there is a significant gap between academia and practical applications in the industry that is difficult to bridge. The lack of a workforce with a thorough understanding of the design process and production cycle in additive manufacturing has an impact on product quality. The absence of such a workforce would limit the overall adoption of 3D printing in the medical device industry.

Segmental Coverage

Global 3D Printing Medical Devices Market – By Application

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Based on application, the Global 3D Printing Medical Devices Market is segmented into Surgical Guides, Surgical Instruments, Standard Prosthetics and Implants, Custom Prosthetics and Implants, Tissue-Engineered Products, Hearing Aids, Wearable Medical Devices, and Others. The Custom Prosthetics and Implants segment now has the biggest market share and is likely to continue to do so during the forecast period (2022-2028). Biological materials (such as skin and bones), plastics, ceramics, and metals are just a few of the materials that may be used to create highly customizable prosthetics and implants using 3D printing. The development of this market sector is anticipated to be fueled by the 3D printing of custom implants, which is drawing in new investors and medical device businesses.

Global 3D Printing Medical Devices Market – By End-User

Based on end-user, the Global 3D Printing Medical Devices Market is segmented into Hospitals and Surgical Centers, Dental and Orthopedic Clinics, Academic Institution and Research Laboratories, Pharma-Biotech and Medical Device Companies, Clinical Research Organization, and Others. Among these Hospitals and Surgical Centers segment now has the biggest market share and is likely to continue to do so during the forecast period (2022-2028). The significant market share of this sector can be due to the increased uptake of cutting-edge medical technology by hospitals, the expansion of existing 3D printing facilities, and the rising affordability of 3D printing services.


Please Visit the Press Release of Global 3D Printing Medical Devices Market: https://www.blueweaveconsulting.com/press-release/global-3d-printing-medical-devices-market-to-grow-at-a-cagr-of-15-4-until-2028

Impact of COVID-19 on Global 3D Printing Medical Devices Market

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Every industry sector has been impacted by the nationwide lockdowns brought on by the COVID-19 epidemic. The COVID-19 pandemic is an unprecedented global public health threat, and when it was present, there were serious resource shortages for hospital beds and medical supplies, which resulted in human misery. Moreover, the COVID-19 pandemic is a previously unheard-of global public health crisis. During the pandemic, global healthcare systems encountered numerous challenging issues because there were severe shortages of hospital beds and medical supplies and because COVID-19 patients had acute respiratory distress syndrome (ARDS), which necessitated high-level respiratory support for these patients to survive. The need for 3D printing in the healthcare industry has dramatically increased during the epidemic due to the equipment shortage. Additionally, COVID-19 harmed 3D healthcare throughout the epidemic. The scarcity of equipment for the COVID-19 battle caused by the pandemic and its negative effects on the 3D printing market in the healthcare industry are the biggest challenges. Manufacturers are unable to produce and sell medical supplies because of the lockdown.

Competitive Landscape

The leading market players in the Global 3D Printing Medical Devices Market are Stratasys, EnvisionTEC, Koninklijke Philips N.V, 3D Systems Inc, EOS, Renishaw Plc, Materialize, 3T Additive Manufacturing Ltd, General Electric, Carbon Inc, Prodways Group, SLM Solutions, Organovo Holdings, Anatomics Pty Ltd, FIT AG, and other prominent players. The Global 3D Printing Medical Devices Market is highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.

Don’t miss the business opportunity in the Global 3D Printing Medical Devices Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the Global 3D Printing Medical Devices Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global 3D Printing Medical Devices Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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Recent Development

  • In September 2020, nTopology (US) raised funding of USD 40 million for the development of the nTop software platform for additive manufacturing processes. This will prove to be profitable in the long run.

Scope of the Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Billion
Product Service/Segmentation By Product, By Technology, By Application, By End-User, By Region.
Key Players Stratasys, EnvisionTEC, Koninklijke Philips N.V, 3D Systems Inc, EOS, Renishaw Plc, Materialize, 3T Additive Manufacturing Ltd, General Electric, Carbon Inc, Prodways Group, SLM Solutions, Organovo Holdings, Anatomics Pty Ltd, FIT AG, and other prominent players.

By Product

  • Equipment
  • Materials
  • Services
  • Software

By Technology

  • Laser Beam Melting
  • Photopolymerization
  • Droplet Deposition/Extrusion-Based Technologies
  • Electron Beam Melting
  • Three-Dimensional Printing/Adhesion Bonding/Binder Jetting
  • Others

          By Application  

  • Surgical Guides
  • Surgical Instruments
  • Standard Prosthetics and Implants
  • Custom Prosthetics and Implants
  • Tissue-Engineered Products
  • Hearing Aids
  • Wearable Medical Devices
  • Others

By End-User

  • Hospitals and Surgical Centers
  • Dental and Orthopedic Clinics
  • Academic Institution and Research Laboratories
  • Pharma-Biotech and Medical Device Companies
  • Clinical Research Organization
  • Others

By Region

  • North America
  • Europe
  • The Asia Pacific
  • Latin America

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About Us 

BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

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MacPaw Recognized a Finalist in the Social Impact Award at the 2024 Reuters Events Sustainability Awards: Honored for Pioneering Innovation and Social Responsibility

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KYIV, Ukraine, Oct. 2, 2024 /PRNewswire/ — MacPaw, a leading Ukrainian software company, has been named a finalist for the prestigious 2024 Reuters Sustainability Awards in the Social Impact category, standing out as the only Ukrainian company recognized in this field. This recognition highlights MacPaw’s exceptional efforts in ensuring safety, well-being, and innovation during adversity following the full-scale Russian invasion of Ukraine.

MacPaw’s entry, titled “Ensuring Safety and Well-being while Fostering Innovation: MacPaw’s Journey During Adversity,” underscores the company’s commitment to its employees and users, as well as the broader Ukrainian community. Despite the unprecedented challenges of wartime, MacPaw has continued to thrive, supporting millions of users across the world while spearheading vital social and humanitarian initiatives. We see Ukrainian innovation not only surviving but thriving. It’s a testament to Ukraine’s place in the tech world.
Key Achievements:
Humanitarian Aid and Recovery: Since February 2022, MacPaw has donated over $10 million to various charitable causes, driving significant change across Ukraine. MacPaw Foundation, a corporate charity, provided vital support to over 10,000 Ukrainians affected by the full-scale Russian invasion, ensuring they received the care and resources needed in times of adversity.Empowering Communities: Through the MacPaw Cares corporate social responsibility program, the company impacted 30+ social projects in 10 regions, focusing on supporting communities locally and globally, boosting sustainability effort, helping people in need, fostering local tech talent, inclusivity, and restoring access to education.Employee Support: The company implemented flexible mental health policies, offering dedicated support sessions, mental health surveys, and assistance to employees affected by the full-scale Russian invasion.Veterans Integration: MacPaw has launched a Veterans Integration Program to assist veterans in reintegrating into the company’s work and social life.Innovation in Crisis: Despite the war challenges, MacPaw introduced breakthrough products SpyBuster, ClearVPN, CleanMyPhone, Setapp Mobile. MacPaw also started a cybersecurity division that focuses exclusively on the cybersecurity needs of Mac users, Moonlock. Showcasing the commitment to the community, MacPaw developed Together App — a wartime check-in tool that helps employers monitor their team’s well-being and safety during the war.”We are honored to be recognized as Finalist in the Social Impact Award at the Reuters Events Sustainability Awards 2024 for our social impact efforts, especially as Russia’s invasion of Ukraine continues,” said Anna Manukhina, Director of MacPaw Foundation and CSR Lead at MacPaw. “This nomination reaffirms our commitment to supporting Ukraine and fostering innovation even in the times. Whether through mental health support, humanitarian aid, or product development, MacPaw’s initiatives reflect our mission to make a meaningful global impact.”
The 2024 Reuters Sustainability Awards are among the world’s most distinguished recognitions in sustainable development. It is more than just a recognition of the best sustainability strategies; it honors those who truly impact business, society, and the environment, creating a new way of doing business in the 21st century. Over the past 14 years, the award has served as a benchmark for companies worldwide.
For more information about MacPaw’s social impact initiatives, visit MacPaw’s Social Impact Review.
About MacPaw
MacPaw develops and distributes innovative software for macOS and iOS that simplifies the lives of Mac users. Renowned for its meticulously crafted products, such as CleanMyMac X, CleanMy®Phone, Setapp, and ClearVPN, and known for its Moonlock cybersecurity division, MacPaw is dedicated to enhancing and securing the Mac user experience. Founded in Kyiv, Ukraine, with offices in Boston, MacPaw serves millions of users worldwide. With one in every five Mac users having at least one MacPaw app, the company is a trusted leader in the Mac software ecosystem.
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Media Contact: Oleksandra LytvynenkoPR [email protected]

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When Evaluating Vendors, 64% of Manufacturers Surveyed Cite Strong Onboarding and Ongoing Support as Crucial

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NEW YORK, Oct. 2, 2024 /PRNewswire/ — Global technology intelligence firm ABI Research recently completed its 2024 Manufacturers’ Technology Adoption & Attitudes Survey, a comprehensive survey of 461 manufacturing decision-makers across the United States, Malaysia, and Germany to uncover real-world attitudes, adoption trends, and valuable insights that reflect the current technological landscape within the manufacturing industry. When asked which criteria were most important when evaluating a new solution or vendor, 64% of respondents ranked a robust onboarding process with training, resources, and post-sales follow-up as the most critical. 

“Improving quality and productivity levels are key objectives for survey respondents. However, an overriding concern is how to deploy the technologies to achieve those objectives. Manufacturers require assurance that they will receive adequate support and training resources to quickly adapt, along with ongoing follow-up from the vendor,” explains Michael Larner, Distinguished Analyst at ABI Research.
Vendors often prioritize outlining potential investment outcomes to provide evidence of return on investment. Benefits will take longer to accrue if users cannot fully understand and properly utilize the solution. To avoid this, the vendor or their partners must be present during the initial launch, provide training resources that enable users to map the solution to their workflows, and adhere to a strict follow-up plan with the customer. These measures will require investment in the post-sales process, emphasizing partners’ education so that they effectively represent the vendor in onboarding processes.
The survey further revealed that recruiting and retaining staff is challenging for manufacturers. The lack of skills underscores the concerns not only regarding deploying technologies but also fully grasping the opportunities that digital technologies offer.  “Hand holding by the vendor will be required when manufacturers are devising Proofs of Concept (PoCs), evaluating suppliers, and implementing solutions at their facilities,” Larner concludes.
These findings are from ABI Research’s Industrial and Manufacturing Survey 1H 2024: What Are Respondents Looking for from Vendors? report. This report is part of the company’s Industrial & Manufacturing Technologies research service, which includes research, data, and ABI Insights.
About ABI Research
ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.
ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info: 
GlobalDeborah PetraraTel: [email protected]  
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Scale Computing Offers Simple, Secure, Reliable IT Infrastructure to Guard Against Data-Hungry Ghouls

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Company Gifting Retro Polaroid Cameras to End Users in North America and Europe, Middle East, and Africa through November 8th
INDIANAPOLIS, Oct. 2, 2024 /PRNewswire/ — Scale Computing, the market leader in edge computing, virtualization, and hyperconverged solutions, today announced its new campaign targeting outdated IT infrastructure and calling on organizations to learn more about Scale Computing Platform’s (SC//Platform) future-ready solutions. Between now and November 8, 2024, end users in North America and Europe, Middle East, and Africa (EMEA) who register for a meeting will receive a retro Polaroid camera.

“Downtime, data loss, and corruption can happen at any moment, threatening your business. Instead of being plagued by data-hungry ghouls and goblins, we invite users to learn more about Scale Computing and our SC//Platform to maximize security, ensuring that critical systems are always protected, validated, and ready for recovery. Organizations of all sizes across all vertical industries can benefit from SC//Platform, which brings together simplicity and scalability, replacing existing outdated infrastructure. Users instead get high availability for running workloads in a single, easy-to-manage platform, while leveraging our patented self-healing technology to maintain maximum uptime for all applications,” said Jeff Ready, CEO and co-founder of Scale Computing.
October is Cybersecurity Awareness Month, dedicated to raising awareness about the importance of digital security and protecting personal data. As cyber criminals become more sophisticated, maintaining modern infrastructure with a strong cybersecurity posture is key to keeping critical business applications and data secured. The new campaign from Scale Computing aims to help businesses scare away threats and fortify their defenses against data-hungry ghouls.
SC//Platform provides infrastructure that is simple, secure, scalable, and reliable. Combine it with Scale Computing’s subscription-based Business Continuity/Disaster Recovery (BCDR) Planning Service to establish a comprehensive and regulated response plan for any unforeseen downtime. With SC//Platform, an organization’s critical systems will be protected, validated, tested, and always ready for recovery when the goblins strike.
Book your meeting today to ensure your business is prepared for whatever data-hungry dark forces come your way and receive a complimentary Polaroid camera. To learn more about Scale Computing and book your meeting, visit https://www.scalecomputing.com/landing-pages/guard-against-data-hungry-ghouls.
About Scale ComputingScale Computing is a leader in edge computing, virtualization, and hyperconverged solutions. Using patented HyperCore™ technology, Scale Computing Platform automatically identifies, mitigates, and corrects infrastructure problems in real-time, enabling applications to achieve maximum uptime, even when local IT resources and staff are scarce. Edge Computing is the fastest-growing area of IT infrastructure, and industry analysts have named Scale Computing an outperformer and leader in the space, including being named the #1 edge computing vendor by CRN. Scale Computing’s products are sold by thousands of value-added resellers, integrators, and service providers worldwide. When ease-of-use, high availability, and TCO matter, Scale Computing Platform is the ideal infrastructure platform. Read what our customers have to say on Gartner Peer Insights, G2, and TrustRadius.
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