Latin America 3D Printing Medical Devices Market is estimated at USD 140.75 million in 2018 and is poised to reach USD 587.52 million by 2023, growing at a CAGR of 33.08%. The technology for 3-D printing, also known as additive manufacturing, has not been proficient enough or cost-effective for most end-product or high-volume commercial manufacturing in the past two decades. Right now expectations are running high as these shortcomings are about to change with 3D printing quite possibly being the next greatest chapter in the industrial uprising.
One of the major driving forces for growth in the Latin America medical device 3D printing industry is the rising demand for patient-specific products in orthopedics and maxillofacial surgery. Further, with the prices of 3D models coming down and also with the availability of a broad range of material options that range from polymers to living tissue, there has been increased adoption of 3D printing for medical purposes. In addition, the latest advancements in technologies, growing awareness about the new developments, policies and funding from governments are also boosting the market growth.
The Latin America 3D Printing Medical Devices Market is categorised on the basis of product type into Prosthetics, Medical Implants, Surgical guides, Surgical Instruments and Hearing & Audibility Aid devices. On the basis of material used for manufacturing the market is segmented under Ceramics, Metal & Metal alloys, Nylon, Plastics, Biomaterials, and Wax. It has been observed that the plastics namely, acrylonitrile butadiene styrene (ABS), and polylactic acid (PLA) along with nylon, have seen an increased usage mainly due to the comfortability and simplicity in application. Further, use of metals with high strength and resistance is expected to have fastest growth in the near future. In addition, on the basis of technology the Latin America 3D Printing Medical Devices Market is analysed under various technologies employed namely, Laser beam melting (LBM), Wax deposition Modelling, Electron Beam Melting (EBM), Droplet Deposition, and Bio Printing. Further, on the basis of geography the market is analysed under countries namely, Brazil, Argentina and Mexico. Brazil being the largest economy and well advanced on technological front is set to be the ground for major developments in 3D printing technologies in the Latin America region.
Further, its geographical closeness to the most developed markets in North America countries can be an added advantage to this region. Stratasys Ltd., 3D Systems Corporation, Renishaw plc, EOS GmbH Electro Optical Systems, EnvisionTEC GmbH, 3T RPD, Ltd., Materialise NV, Concept Laser GmbH, Prodways and Arcam AB are some of the major companies offering diverse product portfolio in Latin America 3D Printing Medical Devices Market
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5.1 By Product Type
5.1.1 Medical Implants
5.1.1.1 Orthopedic Implants
5.1.1.2 Dental Implants
5.1.1.3 Craniomaxillofacial Implants
5.1.2 Prosthetics
5.1.3 Tissue Engineering
5.1.5 Surgical Instruments
5.1.6 Surgical Guides
5.1.7 Hearing & Audibility Aid Devices
5.2 By Material
5.2.1 Plastics
5.2.2 Biomaterials
5.2.3 Metal & Metal Alloys
5.2.4 Ceramics
5.2.5 Nylon
5.2.6 Wax
5.3 By Technology
5.3.1 Laser Beam Melting (LBM)
5.3.2 Electron Beam Melting (EBM)
5.3.3 Droplet Deposition
5.3.4 Photopolymerization
5.3.5 Wax deposition Modelling
5.3.6 Bio Printing
6.1 Introduction
6.2 Brazil
6.3 Mexico
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.1 Stratasys Ltd.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 3D Systems Corporation
8.3 Materialise NV
8.4 Envisiontec GmbH
8.5 Eos GmbH Electro Optical Systems
8.6 3T RPD, Ltd.
8.7 Arcam AB
8.8 Renishaw PLC.
8.9 Concept Laser GmbH
8.10 Prodways
8.11 Renishaw PLC.
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
