South and Central America 3D Printing Medical Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services, Equipment {3D Printers, 3D Bioprinters}, Materials {Plastics Material, Metal and Metal Alloys, Biopr

South and Central America 3D Printing Medical Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services, Equipment {3D Printers, 3D Bioprinters}, Materials {Plastics Material, Metal and Metal Alloys, Bioprinting Biomaterial, Wax Material, and Others}), Technology (Laser Beam Melting {Direct Metal Laser Sintering, Selective Laser Sintering, Selective Laser Melting, LaserCusing}, Photopolymerization {Stereolithography, Others}, Droplet Deposition/Extrusion Based Technologies {Fused Deposition Modelling, Multiphase Solidification, Low Temperature Deposition Manufacturing}, Electron Beam Melting ), Application (Custom Prosthetics and Implants {Craniomaxillofacial Implants, Custom Dental Prosthetics and Implants, Custom Orthopedic Implants}, Surgical Guides {Dental Orthopedic, Craniomaxillofacial, Spinal Guides}, Tissue Engineering Products {Bone and Cartilage Scaffolds, Ligament and Tendons Scaffolds}, Surgical Instruments {Surgical Fasteners, Scalp

The South & Central America 3D printing medical devices market is expected to reach US$ 214.6 million by 2028 from US$ 84.1 million in 2021. The market is estimated to grow at a CAGR of 14.3% from 2021-2028. Tooth decay is the second most common dental issue in the region. The prevalence of orthodontic problems is common in both males and females, with minor differences based on gender. The possibility of individualized products, savings on small-scale productions, simplified sharing and processing of patient image data, and upgrades in education are the forces driving advancements in 3D printing for medicine and dentistry applications. The 3D printing technique is primarily focused on applications in oral surgery and prosthodontics, followed by orthodontics; however, only a few publications on applications in periodontics and endodontics specialty are available. The clinical use of 3D printing technology provides the surgeons an advance image processing with a realistic physical model of the anatomy on which they will operate.

Based on component, the 3D printing medical devices market is segmented into software and services, equipment, and material. In 2021, the material segment accounted for the largest share. Moreover, the software and services segment is expected to grow at the highest CAGR during the forecast period.

The adoption of 3D print technology across Africa region has been slow over the last few years, with applications limited to uses cases such as concept modeling and functional prototyping. Given the 3D print market's high responsiveness and agility to fill in medical supply-chain gaps, COVID-19 has likely compelled more businesses in Africa to reconsider their adoption of the technology and make a profound impact on disrupted supply chains. Elective surgeries have declined more rapidly in the Middle East than in Europe and the United States, with some treatments being hit more than others. Bariatric, orthopedic, and plastic surgeries have been particularly severely impacted, whereas trauma and some cardiovascular procedures have fared better.

The overall South & Central America 3D printing medical devices market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the South & Central America 3D printing medical devices market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the South & Central America 3D printing medical devices market. Companies adopt a few strategies, such as mergers and acquisitions and market initiatives, which promotes market growth. EOS GmbH Electro Optical Systems; Stratasys Ltd.; 3D Systems, Inc.; Renishaw PLC; EnvisionTech, Inc.; Concept Laser Gmbh (General Electric); and SLM Solution Group AG are among the key players operating in the market in this region.

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