This report presents a strategic analysis of the Germany 3D Printing Medical Devices Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Germany 3D Printing Medical Devices Market, offering unmatched value, accuracy and expert insights.
In Europe, Germany is one of the countries with the highest healthcare expenditures, accounting for 11.1% of GDP on average. In the Covid year of 2020, health spending in Germany reached a new high of 440.6 billion euros or 5,298 euros per person. 13.1% of the country's GDP was spent on healthcare in 2020. (GDP). This percentage increased by 1.2 percentage points over the previous year.
In 2022, it is anticipated that the Health Care segment's revenue will amount to US$1,645.00m. Revenue is anticipated to rise at an average yearly rate of 18.45% (CAGR 2022-2025), with a predicted market size of US$2,734.00m by 2025. By 2025, there will likely be 22.6 million users in the healthcare segment. User penetration is anticipated to reach 27.1% by 2025 and will be 24.1% in 2022. It is anticipated that the average revenue per user (ARPU) will be US$81.50.
To develop universal health care, deal with medical emergencies, and encourage healthier populations, access to high-quality, reasonably priced, and suitable health products is essential.
Without medical devices, it would be impossible to do regular medical procedures like bandaging a damaged ankle, diagnosing HIV/AIDS, implanting an artificial hip, or performing any type of surgery. Medical gadgets are utilized by laypeople at home, paramedical workers and clinicians at outlying clinics, optometrists, dentists, and healthcare professionals in cutting-edge medical facilities, for screening and prevention, as well as in palliative care. These medical technologies are employed in the diagnosis and treatment of acute and chronic illnesses, as well as in the support of persons with disabilities.
Growing applications of 3D printing in the healthcare sector, high incidences of dental and orthopedic diseases, easy development of customized medical products using 3D printing, availability of advanced 3D printing materials for dental and medical applications, and rising demand for 3D-printed goods in the cosmetics and pharmaceutical industries are the main drivers of the market's growth.
The Europe 3D Printing Medical Devices Market size is at around US $ 0.642 Bn in 2021 and is projected to reach US $ 1.9 Bn in 2030, exhibiting a CAGR of 17.5% during the forecast period.
Market Growth Drivers Analysis
One of the key drivers behind the market's expansion is the rising prevalence of surgical operations due to a variety of causes around the world. In other words, increasing rates of kidney stones, auto accidents, and other problems are directly causing the market to expand. Public-private investment for various efforts in the 3D printing sector has significantly increased in recent years. Such research and financing initiatives are anticipated to accelerate the development of 3D printing technologies and goods, consequently bolstering the market for 3D printed medical equipment.
On the other hand, it is anticipated that barriers to market expansion will include high costs associated with research and development capabilities, a lack of adequate infrastructure, an uneven distribution of medical services, and a lack of knowledge in developing nations. Additionally, during the forecast period of 2022–2029, the market is expected to face challenges from a lack of favourable reimbursement scenarios and technology penetration in developing economies, high capital investment and operating costs, strict regulatory framework, limited insurance coverage and regulatory compliance, and a lack of suitable infrastructure in low- and middle-income nations.
The major players in the 3D Printing Medical Devices market are Stratasys Ltd. (US & Israel), 3D Systems Corporation GE Additive, Materialise NV, Renishaw plc, SLM Solutions Group AG, Desktop Metal, Inc., Prodways Group, Carbon, Inc., CELLINK, Organovo Holdings, Inc., EOS (Electro Optical Systems) GmbH, Biomedical Modeling, Inc., Formlabs, Inc., 3T Additive Manufacturing Ltd., DENTSPLY Sirona, Inc., DWS Systems SRL, Roland DG, HP, Inc., and regenHU among others.
1. Report Description of the Germany 3D Printing Medical Devices Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Germany 3D Printing Medical Devices Market Executive Summary
2.1 Germany 3D Printing Medical Devices Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Germany 3D Printing Medical Devices Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Germany 3D Printing Medical Devices Market Segmentation
4.1 By Component
126.96.36.199 3D Printers
188.8.131.52 3D Bioprinters
184.108.40.206 Metals and Metal Alloys
220.127.116.11 Other Materials
4.1.3 Services & Software
4.2 By Application
4.2.1 Surgical Guides
18.104.22.168 Dental Guides
22.214.171.124 Craniomaxillofacial Guides
126.96.36.199 Orthopedic Guides
188.8.131.52 Spinal Guides
4.2.2 Surgical Instruments
184.108.40.206 Surgical Fasteners
4.2.3 Standard Prosthetics & Implants
4.2.4 Custom Prosthetics & Implants
220.127.116.11 Orthopedic Implants
18.104.22.168 Dental Prosthetics & Implants
22.214.171.124 Craniomaxillofacial Implants
4.2.5 Tissue-engineered Products
126.96.36.199 Bone & Cartilage Scaffolds
188.8.131.52 Ligament & Tendon Scaffolds
4.2.6 Hearing Aids
4.2.7 Wearable Medical Devices
4.2.8 Other Applications
4.3 By Technology
4.3.1 Laser Beam Melting
184.108.40.206 Direct Metal Laser Sintering
220.127.116.11 Selective Laser Sintering
18.104.22.168 Selective Laser Melting
22.214.171.124 Digital Light Processing
126.96.36.199 Two-photon Polymerization
188.8.131.52 PolyJet 3D Printing
4.3.3 Droplet Deposition/Extrusion-based Technologies
184.108.40.206 Fused Deposition Modeling
220.127.116.11 Multiphase Jet Solidification
18.104.22.168 Low-temperature Deposition Manufacturing
22.214.171.124 Microextrusion Bioprinting
4.3.4 Electron Beam Melting
4.3.5 Three-dimensional Printing/Adhesion Bonding/Binder Jetting
4.3.6 Other Technologies
4.4 By End User
4.4.1 Hospitals & Surgical Centers
4.4.2 Dental & Orthopedic Clinics
4.4.3 Academic Institutions & Research Laboratories
4.4.4 Pharma-Biotech & Medical Device Companies
4.4.5 Clinical Research Organizations
5. Germany 3D Printing Medical Devices Market
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Germany
8.2 Regulatory Framework in Germany
8.3 Pricing & Reimbursement Scenario in Germany 3D Printing Medical Devices Market
9. Factors Driving Future Growth
9.1 New Trends and Development Germany 3D Printing Medical Devices Market
9.2 Future Opportunities
10. Strategic Recommendations
By Component (Revenue, USD Billion):
The 3D Printing Medical Devices market is divided into equipment, materials, and software & services depending on the component. In 2020, the market for 3D printed medical devices was dominated by software and services. During the forecast period, the cost-effectiveness, utility, uniformity, and accuracy provided by services for medical device 3D printing are anticipated to drive the segment's expansion.
By Application (Revenue, USD Billion):
The market for 3D-printed medical devices is divided into wearable/implantable medical devices, other medical devices, standard prosthetics and implants, custom prosthetics and implants, tissue-engineered goods, surgical guides, and surgical tools based on the application. In 2020, the custom prosthetics and implants market sector held a greater market share. Biological materials (such 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 3D printing of custom implants, which is drawing in new investors and medical device businesses.
By Technology (Revenue, USD Billion):
The market for 3D printing medical devices has been divided into various technological categories, including electron beam melting (EBM), laser beam melting (LBM), photopolymerization, droplet deposition or extrusion-based technologies, three-dimensional printing (3DP) or adhesion bonding, and others. The segment of these that accounted for the biggest market share in 2020 was laser beam melting (LBM). The significant market share of this sector is linked to the technology's expanding use in the dentistry sector and in the production of implants for minimally invasive surgery.
By End User (Revenue, USD Billion):
Hospitals and surgical centers, dentistry and orthopaedic clinics, academic institutions & research laboratories, pharma-biotech & medical device firms, and clinical research organizations make up the different end-user segments of the 3D printing medical devices market. The sector of hospitals and surgical centers held the biggest market share in 2020. 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.
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