May 13, 2019
WELLESLEY, Mass., May 13, 2019–Expanding economies and an aging global population are two factors helping to boost the 3D printed medical devices market, according to a report by BCC Research.
The market expects to see a compound annual growth rate (CAGR) of 16.4% through 2023, when it could be worth $6.6 billion, according to the report 3D Printed Medical Devices.
“3D printed medical devices have simultaneously been more in demand as consumers and industries see savings with 3D printed devices and appreciate the on-demand availability of the devices and the perfect-fit custom-made devices are a better product than traditional ‘one size fits all’ products,” notes report author Craig Barnes. “More recently, 3D printed orthodontic appliances are manufactured in-house at clinics, as 3D printers become more affordable and user friendly. 3D printed implants for hip and knee implants can match the exact contours of patients’ bones and therefore are more successful than traditional implants.”
Opportunities Await in the 3D Printed Orthodontic Appliances Market
Of particular interest is growth opportunity in the global 3D printed orthodontic appliances market. There is increasing demand for cosmetic dentistry, in particular to replace lost teeth and improve appearances. The growing popularity of dental tourism will further enhance the market, with patients traveling to secure the most advanced technologies at the lowest global prices.
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3D Printed Medical Devices( IFT173A )
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