(EMAILWIRE.COM, April 25, 2019 ) According to the new market research report “Global Additive Manufacturing Market By Application (Medical Devices, Automotives, & Aerospace) and Technology (3D Printing, Laser Sintering, Stereolithography, Fused Deposition Modeling, Electron Beam Melting, & Tissue Engineering)”, published by MarketsandMarkets™

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Additive manufacturing (AM) is an automatic process used to create rapid prototypes and functional end-use parts. It takes virtual designs from Computer Aided Design (CAD) software and transforms them into thin, virtual, horizontal layer-wise cross-sections until the model is complete. Various synonyms generally used for AM are an additive fabrication, additive processes, additive techniques, additive layer manufacturing, layer manufacturing, and freeform fabrication.

It involves various industries, namely, motor vehicles, consumer products, business machines, medical, academic, aerospace, government/military, and others (architecture, paleontology, and forensic pathology).

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The global additive manufacturing for medical devices market is fragmented into different categories based on its materials, products, application, and technology. The materials segment comprises of homogeneous and heterogeneous, whereas, the product category includes surgical equipment, prosthetics & implants, and tissue engineering.

The global additive manufacturing for medical devices market, by technology, comprises of electron beam melting, laser beam melting, photopolymerization, Droplet Deposition (DD) or Extrusion-based technologies, and Three Dimensional Printing (3DP) or Adhesion Bonding, while the application segment includes, orthopedic, dental, cranio-maxillofacial, and bio-engineering.

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A large number of technological innovations in additive manufacturing procedures have been witnessed in the past years, with newer technologies coming up with rapid and accurate development of products in a cost-effective manner contributing to encouraging widespread adoption of the additive manufacturing procedures by manufacturers worldwide.

The key players in this market are 3D Systems Corporation (U.S.), 3T RPD (U.K.), Arcam AB (Sweden), Biomedical Modeling, Inc. (U.S.), Envisiontec GmbH (Germany), EOS GmbH Electro Optical Systems (Germany), Fcubic AB (Sweden), GPI Prototype and Manufacturing Services, Inc. (U.S.), Greatbatch, Inc. (U.S.), Layerwise NV (Belgium), Limacorporate SPA (Italy), Materialise NV (Belgium), Medical Modeling, Inc. (U.S.), and others.