Medical Device Additive Manufacturing Market Scope, Growth, Size and Share by 2031
Medical Device Additive Manufacturing Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 6.93 Billion |
Market Size by 2031 | US$ 25.62 Billion |
Global CAGR (2023 - 2031) | 17.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Medical Device Additive Manufacturing Market News and Recent Developments
The medical device additive manufacturing market is evaluated by gathering qualitative and quantitative data from primary and secondary research, which includes essential corporate publications, association data, and databases. A few of the developments in the medical device additive manufacturing market are listed below:
- Precision ADM, Inc. received approval from Health Canada for its CANSWAB nasopharyngeal swabs, the first Canadian-made COVID-19 testing products. The 3D-printed swabs have been clinically tested and proven to be as effective as traditional flocked swabs. Precision ADM has secured a facility to manufacture and ship hundreds of thousands of CANSWAB nasopharyngeal swabs weekly. (Source: Precision ADM, Inc, Press Release, July 2020)
- Armadillo Additive, a contract manufacturer based in Granbury, Texas, USA, launched a new advanced metal additive manufacturing facility. The facility focuses on precision engineering for the medical device sector. The company has installed a FormUp 350 Laser Beam Powder Bed Fusion (PBF-LB) additive manufacturing machine from AddUp and specializes in producing Ti-6Al-4V Grade 23 titanium products. (Source: Armadillo Additive, Inc., Press Release, February 2024)
Medical Device Additive Manufacturing Market Report Coverage and Deliverables
The “Medical Device Additive Manufacturing Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Medical device additive manufacturing market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Medical device additive manufacturing market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Medical device additive manufacturing market analysis covering key market trends, global and regional framework, significant players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the medical device additive manufacturing market
- Detailed company profiles