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India 3D Printing Medical Devices Market Sample Report 2022 to 2030

India's 3D printing medical devices market size was valued at $54 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 17.8% from 2022 to 2030 and will reach $222 Mn in 2030.

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India 3D Printing Medical Devices Market Sample Report 2022 to 2030

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  1. This report presents a strategic analysis of the India 3D Printing Medical Devices Marketand a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, main players, growth and demand drivers, challenges & future outlook, etc. This is one of the most comprehensive reports about the India 3D Printing Medical Devices Market, and offers unmatched value, accuracy, and expert insights

  2. Report Scope Click on the icon to know the detailed methodology

  3. Table of Content

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  6. Table of Content

  7. India 3D Printing Medical Devices Market Analysis 1. 3D Printing Medical Devices Overview

  8. 1.1 Statistics at a Glance: The Burden of 3D Printing Medical Devices in the World Prevalence of 3D Printing Medical Devices • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the topic, which includes the prevalence of the disease, the application of medical devices, new technology, and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest 2 Mn different kinds of medical devices are available in the global market 70% is the revenue share of the largest medical device equipment manufacturers located in the US 40% US is the largest medical device market with 40% of global MedTech market 1000+ healthcare organizations worldwide are using 3D printing for a variety of applications, including medical device manufacturing 7000 of the medical devices fall into generic devices group $562 Bn is the revenue forecast for medical devices industry by 2024

  9. 1.1 Statistics at a Glance: The Burden of 3D Printing Medical Devices in the World (continued) Europe ~Revenue to reach $XX Bn by 2027 North America ~ Market Size of $XX Bn Asia -Fastest CAGR Africa ~Market Size of $XX Bn India Market ~$XXMn Market Illustrative

  10. 1.2 India Overview • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, healthcare expenditure and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest 1.42 Bn is the population of India, in 2022 3.26 Tn is the Gross Domestic Product (GDP) in India in 2022 28.7 is the median age in India, in 2022 $54.32 per capita was the amount of national health expenditures in 2022

  11. 1.3 Economic Overview: India Population of India, (2020-2030) GDP of India, (2020-2030) Population Split (2023) • In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, healthcare expenditure and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest By Gender By Age Group 0-14 15-24 25-54 55-64 65+ Illustrative

  12. 1.4 Statistics at a Glance: The Burden of 3D Printing Medical Devices in India Prevalence of 3D Printing Medical Devices • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the topic, which includes the prevalence of the disease, the application of medical devices, new technology, and other details related to the topic in India • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest 2000+ companies distributing medical devices in India 3500 there are a total of 105 MRI units in India 0.4 is the density of radiotherapy devices per 1,000,000 population in India 18% of the medical device expenditures in India are made by the public sector 82% of the medical device expenditures in India are made by the private sector $222 Mn is the projected sales figure in the 3D Printing Medical Devices market in India by 2025

  13. 1.5 Medical Devices in India • India Medical Devices Market Forecast, 2022-2030 (in $Bn) • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the overall Medical Devices market in India, which includes the market size, current trends and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Illustrative

  14. 1.6 Healthcare Scenario in India • 3D Printing Medical Devices Drug Development Process: The process of developing a 3D Printing Medical Devices drug is complex and involves many stages, from preclinical research to clinical trials to regulatory approval. Here is a simplified diagram of the 3D Printing Medical Devices drug development process: • Preclinical Research: Researchers identify potential drug candidates and test them in the lab • Phase 1 Clinical Trials: Small studies are conducted to test the safety and dosage of the drug in humans • Phase 2 Clinical Trials: Larger studies are conducted to test the effectiveness of the drug in treating 3D Printing Medical Devices • Phase 3 Clinical Trials: Even larger studies are conducted to compare the new drug to standard treatments and evaluate its safety and effectiveness • Regulatory Approval: The drug is reviewed by regulatory agencies such as the FDA and approved for use in the US market FDA has developed several approaches to making drugs available as quickly as possible, while still ensuring their safety and effectiveness. Here are four of these approaches: Illustrative

  15. 1.6 Healthcare Scenario: Patient Journey Presentation Diagnosis Treatment Follow up Confirmatory Diagnosis Complete blood count (evaluate number & quality of RBCs, Hb & WBCs) • Prevention and management of crisis: • For VOC and Splenic Sequestration: HU, Endari, Adakveo, Oxbryta • For infections: Antibiotics, Vaccines • Long term follow-up is required for patients with SCD • Annual assessment: CBC and reticulocyte count, iron status, liver and renal function tests, urinalysis, LDH, vitamin D level and neurocognitive assessment • ESOD (End Stage Organ Damage) evaluation starting from age 7 • Yearly Transcranial Doppler test to determine risk of stroke A suspected diagnosis is usually made, based on physical examination and detailed patient and family history Imaging (confirm bone related changes or respiratory problems) Initial Diagnosis Prenatal screening/ Neonatal screening Bacterial cultures of blood, sputum, urine, stool (detect any infection) • Prevention and management of complications: • Stroke: Chronic transfusions, HU Genetic testing (detect the type of SCD) PCP, pediatrician, neonatologist, endocrinologist, cardiologist, hematologist, orthopedist, psychologist and psychiatrist PCP, paediatrician, neonatologist, haematologist and genetic counsellor PCP, pediatrician, medical geneticist, hematologist, gynecologist and pathologist PCP, pediatrician, medical geneticist, cardiologist, hematologist, endocrinologist, psychologist and psychiatrist Stakeholders Depending on the organ complications, the treatment involves different specialists at different times Illustrative

  16. 1.7 Health Insurance Coverage: India % of People by Type of Health Insurance Coverage (2021) Number of People By Health Insurance Coverage • In 2021, most people (91.7%) had health insurance coverage at some point during 2021 and 8.3 % of people were uninsured for the entire calendar year • More people had private health insurance (66%) than public coverage (35.7%) • Employer-based insurance was the most common subtype of health insurance in the civilian, noninstitutionalized population (54.3%), followed by Private (18.9%), Public (18.4%), direct-purchase insurance (10.2%), TRICARE (2.5%), and VA and CHAMPVA health care (1%) Illustrative

  17. 1.8 Budget of India Government for Public Insurance • National Health Expenditures (NHE) grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP) • Public spending grew 8.4% to $900.8 billion in 2021, or 21% of total NHE • Private spending grew 9.2% to $734.0 billion in 2021, or 17% of total NHE • Private health insurance spending grew 5.8% to $1,211.4 billion in 2021, or 28% of total NHE • Out of pocket spending grew 10.4% to $433.2 billion in 2021, or 10% of total NHE • Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 billion, or 14% of total NHE • Hospital expenditures grew 4.4% to $1,323.9 billion in 2021, slower than the 6.2% growth in 2020 • Physician and clinical services expenditures grew 5.6% to $864.6 billion in 2021, slower growth than the 6.6% in 2020 • Prescription drug spending increased 7.8% to $378.0 billion in 2021, faster than the 3.7% growth in 2020 • Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7% Illustrative

  18. 1.9 Mergers and Acquisitions RCM M&A Deal Value Trend ($Bn) RCM M&A Deal Volume Trend Buyer Composition: Strategic Vs Financial (2020) Buyer Type by Deal Size ($Mn) Strategic Buyers Financial Buyers $100+ $50-$100 $25-$50 $0- $25 57% of the total deal volume are done by strategic buyers and the rest 43% are done by financial buyers in 2020 Illustrative

  19. 1.9 Mergers and Acquisitions (continued) Latest Deals In India

  20. 1.9 Mergers and Acquisitions (continued) Latest Deals In India

  21. India 3D Printing Medical Devices Market Analysis 2. Market Size and Forecasting

  22. 2.1 Market size and forecasts (Excel and Methodology) Click on the icon to know the methodology and assumption • India 3D Printing Medical Devices Market Forecast, 2022-2030(in $Bn) • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will get an understanding of the overall Healthcare Insurance market in Malaysia, which includes the market size, current trends and other details related to the topic • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest CAGR~ XX% Illustrative Illustrative

  23. 2.2 Snapshot of 3D Printing Device Market Segmentation • In this section you will get an understanding of the segmentations which will cover the India 3D Printing Medical Devices Market • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report

  24. 2.2.1 Market Segmentation: By Component • Software & Services market in India is a significant component of the overall 3D Printing Medical Devices treatment market • It has the maximum market share in India 3D Printing Medical Devices market with approximately xx% • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest India 3D Printing Medical Devices Market Share, By Component (2022) Illustrative

  25. 2.2.2 Market Segmentation: By Application • Orthopedics 3D Printing Medical Devices market in India is a significant component of the overall 3D Printing Medical Devices market • It has the maximum market share in India 3D Printing Medical Devices market with approximately xx% • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest India 3D Printing Medical Devices Market Share, By Application (2022) Illustrative

  26. 2.2.3 Market Segmentation: By Technology • Stereolithography (SLA) have the maximum market share in India 3D Printing Medical Devices market with approximately xx% • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest India 3D Printing Medical Devices Market Share, By Technology (2022) Illustrative

  27. 2.2.3 Market Segmentation: By End User • Medical and Surgical Centers have the maximum market share in India 3D Printing Medical Devices market with approximately xx% • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest India 3D Printing Medical Devices Market Share, By End User (2022) Illustrative

  28. India 3D Printing Medical Devices Market Analysis 3. Market Dynamics

  29. 3.1 Market growth drivers 3.1.1 Increasing investment in research and development (R&D) for 3D printing medical devices in India is expected to reach $1 Bnby 2025 Increase in R&D investment of 3D Printing Medical Devices in India • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest xx% Illustrative

  30. 3.1 Market growth drivers (continued) 3.1.2 Rising prevalence of chronic diseases such as cardiovascular diseases (200 Mn), chronic respiratory diseases (100 Mn), diabetes (77 Mn), and cancer (1.2 Mn) in India Growing Prevalence of Chronic Diseases • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Illustrative

  31. 3.2 Market restraints 3.2.1 High cost of 3D printing technology like prosthetics ($1k to $10k) is one of the major restraints for the India 3D printing medical devices market 3.2.2 Government has strict regulations for the approval of medical devices, which makes it difficult for companies to bring new 3D printed medical devices to market 3.2.3 Limited awareness of 3D printing technology among healthcare professionals and patients is another major restraint for the India 3D printing medical devices market • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Our analysis will thoroughly investigate the key restraints that may significantly impact business operations and growth. Illustrative

  32. India 3D Printing Medical Devices Market Analysis 4. Competitive Landscape

  33. 4.1 Major Market Share Revenue of Major players in India 3D Printing Medical Devices Market ($ Mn) • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Illustrative

  34. 4.2 Key Company Profile Key Note: 1 Formlabs • Here is the list of top 10 companies which will cover in the final report • Each company will have slides for • Overview • Key details • Offerings • Name of products • Recent activities/ Press Coverage • Distribution and Vendor Partners • Mergers, Acquisitions and Collaboration • Financials • If there are specific companies that you would like to be included in the report, please let us know via email • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report 2 Osteo3d 3 Ayushman3D 4 Anatomiz3D Medtech 5 Anatomage 6 3Dexter 7 Sahajanand Medical Tchnologies 8 Stratasys 9 3D Systems 10 Materialise Illustrative

  35. 4.2.1 Formlabs Founded in: 2011 HQ: Somerville, Massachusetts Type: Private Revenue: - Website:www.formlabs.com • Formlabs is a 3D printing company that develops and manufactures 3D printers and 3D printing materials • Formlabs has raised over $200 Mn in funding from investors such as Accel Partners, DFJ Growth, and New Enterprise Associates • Formlabs' 3D printing materials are used to create a variety of objects, including dental crowns and implants, hearing aids, and prosthetic limbs Formlabs Recent Activity / Press Coverage Illustrative

  36. 4.2.1 Formlabs (continued) Partnerships Ecosystem Major Vendor Partners Major Distribution Partners Illustrative

  37. 4.2.1 Formlabs (continued) Latest Deals - Mergers and Acquisitions

  38. 4.2.1 Formlabs (continued) Revenues ($Bn), 2020-2030 • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Breakdown of Net Revenue by Segment, 2022 Illustrative

  39. 4.2.2 Company 2 Founded in: HQ: Type: Revenue: Website: Drugs for 3D Printing Medical Devices Recent Activity / Press Coverage

  40. 4.2.2 Company 2 (continued) Partnerships Ecosystem Major Vendor Partners Major Distribution Partners

  41. 4.2.2 Company 2 (continued) Latest Deals - Mergers and Acquisitions

  42. 4.2.2 Company 2 (continued) Revenues ($Bn), 2020-2030 • Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report • In this section you will the understating of financial overview of the company, which includes revenue forecasting, segment revenue and other key details as per availability • In order to obtain access to all of the information that you are seeking, you will need to purchase the final report • Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest Breakdown of Net Revenue by Segment, 2022 Illustrative

  43. India 3D Printing Medical Devices Market Analysis 5. Reimbursement Scenario

  44. 5.1 Reimbursement Regulation Public and Private together provide health insurance coverage for more than 4 in 10 population • Reimbursement for 3D printing medical devices in India is still in its early stages. There is no clear consensus on how 3D printed medical devices should be reimbursed, and there is a lack of data on the clinical and cost-effectiveness of these devices • Some insurers in India have begun to reimburse for 3D printed medical devices, but the coverage is often limited to specific indications. For example, some insurers will reimburse for 3D printed implants for craniomaxillofacial surgery, but they will not reimburse for 3D printed implants for orthopedic surgery • Lack of reimbursement for 3D printed medical devices is a major barrier to the adoption of this technology in India. However, as the clinical and cost-effectiveness of 3D printed medical devices becomes more established, it is likely that insurers will begin to reimburse for these devices more widely Health Insurance Coverage, 2022 Illustrative

  45. 5.1 Reimbursement Regulation (continued) Coverage Penetration (% Total Population) Source of Funding Spend on Healthcare (%of Current Health Expenditure) • Public healthcare coverage is provided by the government and includes programs like Public and Private • Public is a federal program that provides healthcare coverage to individuals who are 65 years of age or older, as well as certain younger people with disabilities • Private is a joint federal-state program that provides healthcare coverage to individuals with low income and limited resources Reimbursement Market Trends • Shift towards value-based care has been a significant trend in the US healthcare system, with payers and providers increasingly focused on improving patient outcomes and reducing costs • This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which incentivize providers to deliver high-quality, cost-effective care Illustrative

  46. 5.2 Regulatory Process for 3D Printing Medical Devices in India • Regulatory process for 3D printing medical devices in India is still evolving. The Central Drugs Standard Control Organization (CDSCO), the regulatory body for medical devices in India, has issued a draft guidance document on the regulation of 3D printed medical devices. The draft guidance document covers the following topics: • Classification of 3D printed medical devices • Design and manufacturing requirements • Quality assurance requirements • Post-market surveillance requirements FDA Market Authorization Private Payers Public Payers Health Technology Assessment Coding Coverage Payment 1 2 3 Coding depends on availability code while coverage and payment process decisions are made through an HTA. Illustrative

  47. India 3D Printing Medical Devices Market Analysis 6. Methodology & Scope

  48. Research Methodology • Insights 10’s research methodology delves deeper into the market, covering the macro and micro aspects of the industry. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions • We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources • For forecasting, the following parameters are considered: • Market drivers and restraints along with their current and expected impacts • Technological scenario and expected developments • End use industry trends and dynamics • Trends in the consumer behavior • Regulatory scenario and expected developments • Current capacity and expected capacity additions up to 2030 • We assign weights to these parameters and quantify their market impacts using the weighted average analysis to derive the expected market growth rate • We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions • All our estimates and forecasts are verified through exhaustive primary research with the Key Industry Participants (KIPs) • Currency used in the report is the US dollar (USD), with the market size indicated in USD million/billion (Mn/Bn)

  49. Analysis Methodology Our Analysis Methodology involves three critical stages: Data Collection Market Data Analysis & Statistical Model Interpretation & Presentation Secondary Research Analysis & Interpretation 01 01 01 Market Trends Primary Research Market Sizing & Analysis 02 Insights 02 02 Proprietary Database Presentation & Reporting Data Triangulation & Validation 03 03 03

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