The report titled “Europe Healthcare 3D Printing Market” report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners, and industry experts.
A number of factors, such as continuous technological advancements in 3D printing, rising public and private investments to develop new 3D printing technologies and applications, and rising acceptance of 3D-printed organs and implants are fueling the demand of this market in the European region.
In addition, increasing demand of organ transplantation, strong mergers and acquisitions to enhance market share, and expiry of key patents are offering new growth opportunities for existing market players and new entrants in the global 3D printing medical devices market in the European region. However, high cost associated with advanced 3D printers, lack of both structured regulatory frameworks and reimbursement policies, and copyright and patent issues associated with the 3D printing of patented products is expected to impede the market growth in the European region.
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Key Market Trends
Materials Segment is Dominating the European Healthcare 3D Printing Market
Titanium alloy and pure titanium are the most preferred and most bio-compatible metallic material for a biomedical implant. Titanium alloy, like Ti6Al4V, improves strength and has resistance to corrosion. However, it is important to consider that the high elastic modulus in titanium cause an elastic mismatch among the bones and the implant. Overall, titanium is one of the most adopted metals for 3D printing for medical applications. The market for titanium and titanium alloy-based 3D printed medical devices is expected to witness the highest CAGR, during the forecast period. The companies are researching for development of the 3D printed craniofacial implants and titanium vertebrae. Renishaw is one of the bigger players in the 3D printing market; the company utilizes a range of metals, like stainless steel and titanium, nickel, and aluminum alloys. Thus, the European market is expected to show an increasing trend, during the forecast period.
Regional Analysis For Europe Healthcare 3D Printing Market:
For the comprehensive understanding of market dynamics, the global Europe Healthcare 3D Printing Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
The European healthcare 3D printing market is a consolidated market. Though many market players are present, only a few companies hold major share. 3D printing has revolutionized the manufacturing process across industry verticals, and 3D printing in medical applications has led to the development of innovative and efficient products. Major market players in Europe are focusing on partnerships, agreements, new product launches to enhance their market presence. The major players include Stratasys Ltd, 3D Systems Corporation, Arcam AB, Materialise NV, Renishaw PLC, Envision TEC GmbH, Nano 3D Biosciences Inc., Oxford Performance Materials, Organovo Holding Inc., Greiner Bio-One International GmbH, Eos GmbH. For instance, in February 2018, EnvisionTEC and AvaDent joined forces on 3D printed dentures. In 2017, GE Healthcare, a subsidiary of General Electric, officially opened its first healthcare-oriented European 3D printing facility.
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