Turkey 3D Printing Medical Devices Market Report 2022 to 2030

Turkey 3D Printing Medical Devices Market Analysis

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Turkey 3D Printing Medical Device Market is expected to witness growth from $24 Mn in 2022 to $82 Mn in 2030 with a CAGR of 16.80% for the forecasted year 2022-2030. Turkey's ageing population, shorter wait times, cost-effectiveness, customization and personalization, and technological advancements all contribute to the country's high demand for 3D medical devices. The market is segmented by product, by application, by technology, and by end user. Some key players in this market include: Simeks Medical, Vera Medical, GE Healthcare, Stryker, and Siemens Healthineers.

ID: IN10TRMD002 CATEGORY: Medical Devices GEOGRAPHY: Turkey AUTHOR: Jigyasu Bhandari

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Turkey 3D Printing Medical Devices Market Executive Summary

The Turkey 3D Printing Medical Devices Market size is at around $24 Mn in 2022 and is projected to reach $82 Mn in 2030, exhibiting a CAGR of 16.80% during the forecast period. In 2020, Turkey's total health spending rose by 24.3% over the previous year to $13.7 Billion. The general government's heath spending increased by 26.3% to $10.48 billion. Spending on healthcare in the private sector was expected to be $2.70 billion, up 17.3%. In 2020, the general government's share of overall health spending was 79.2 percent, while the private sector's share was 20.8 percent.

Turkey's healthcare sector is gradually deploying 3D printing technology. With the aid of 3D printing technology, customised implants can be made to suit each patient's individual anatomy, improving patient outcomes and reducing recovery periods. Prosthetic limbs and orthotic devices can be made using 3D printing technology and can be tailored to the requirements and preferences of the patient. Anatomical models can be produced using 3D printing technology for surgical planning and medical instruction. These models can be used to educate medical staff, lower the danger of surgery, and enhance patient outcomes. The expense of manufacturing medical devices can be reduced owing to 3D printing, especially when customization is necessary. In comparison to conventional manufacturing techniques, 3D printing technology can create medical devices more quickly, resulting in shorter lead times and better patient care.

Turkey 3D Medical Printing Device Market

Market Dynamics

Market Growth Drivers Analysis

Turkey's ageing population, shorter wait times, cost-effectiveness, customization and personalization, and technological advancements all contribute to the country's high demand for 3D Printing Medical devices. In comparison to conventional manufacturing techniques, 3D printing technology can create medical devices more quickly, resulting in shorter lead times and better patient care. The use of 3D printing technology can be economical, especially when personalization is necessary. Patients and healthcare providers may pay less as a consequence. The development of 3D printing technology, including better software, materials, and printing techniques, has made it simpler and more affordable to create medical devices. The desire for 3D printed medical devices has increased as a result. Medical instruments can now be produced using 3D printing that are tailored to the individual anatomy and requirements of the patient. Better patient outcomes, quicker recuperation times, and lower chance of complications can all result from this.

Market Restraints

In Turkey, setting up a facility to manufacture 3D-printed medical devices can take a sizable initial expenditure. This might make it difficult for new competitors to enter the industry and might prevent current ones from expanding as much. Compared to conventional manufacturing techniques, the variety of materials that can be used to create medical devices using 3D printing is constrained. This might limit the kinds of gadgets that can be made with 3D printing. The quality of medical devices created using 3D printing technology may vary due to the absence of industry standards in this area. Regulatory agencies and healthcare practitioners may find this to be an issue.

Competitive Landscape

Key Players

Simeks Medical (TR)
Vera Medikal (TR)
Medtronic
Boston Scientific
GE Healthcare
Stryker
Siemens Healthineers

Healthcare Policies and Regulatory Landscape

The Turkish Ministry of Health has set regulations for the manufacture, testing, and distribution of 3D Printing medical devices in Turkey, including those made using 3D printing technology. Before being authorised for use in Turkey, medical devices must meet the Ministry of Health's safety and efficacy standards. National standards for medical equipment in Turkey are created and enforced by the Turkish Standards Institute (TSE). The TSE has created standards for 3D printed medical equipment, including specifications for their development, evaluation, and labelling.

1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

3D Printing Medical Devices Market Segmentation

By Component (Revenue, USD Billion):

The 3D Printing Medical Devices market is divided into equipment, materials, and software & services depending on the component. In 2020, the market for 3D printed medical devices was dominated by software and services. During the forecast period, the cost-effectiveness, utility, uniformity, and accuracy provided by services for medical device 3D printing are anticipated to drive the segment's expansion.

Equipment
- 3D Printers
- 3D Bioprinters
Materials
Plastics
- Thermoplastics
- Photopolymers
Metals and Metal Alloys
Biomaterials
Ceramics
Paper
Wax
Other Materials
Services & Software

By Application (Revenue, USD Billion):

The market for 3D-printed medical devices is divided into wearable/implantable medical devices, other medical devices, standard prosthetics and implants, custom prosthetics and implants, tissue-engineered goods, surgical guides, and surgical tools based on the application. In 2020, the custom prosthetics and implants market sector held a greater market share. Biological materials (such skin and bones), plastics, ceramics, and metals are just a few of the materials that may be used to create highly customizable prosthetics and implants using 3D printing. The development of this market sector is anticipated to be fueled by 3D printing of custom implants, which is drawing in new investors and medical device businesses.

Surgical Guides
- Dental Guides
- Craniomaxillofacial Guides
- Orthopedic Guides
- Spinal Guides
Surgical Instruments
Surgical Fasteners
Scalpels
Retractors
Standard Prosthetics & Implants
Orthopedic Implants
Dental Prosthetics & Implants
Craniomaxillofacial Implants
Bone & Cartilage Scaffolds
Ligament & Tendon Scaffolds
Custom Prosthetics & Implants
Tissue-engineered Products
Hearing Aids
Wearable Medical Devices
Other Applications

By Technology (Revenue, USD Billion):

The market for 3D printing medical devices has been divided into various technological categories, including electron beam melting (EBM), laser beam melting (LBM), photopolymerization, droplet deposition or extrusion-based technologies, three-dimensional printing (3DP) or adhesion bonding, and others. The segment of these that accounted for the biggest market share in 2020 was laser beam melting (LBM). The significant market share of this sector is linked to the technology's expanding use in the dentistry sector and in the production of implants for minimally invasive surgery.

Laser Beam Melting
- Direct Metal Laser Sintering
- Selective Laser Sintering
- Selective Laser Melting
- LaserCUSING
Photopolymerization
Digital Light Processing
Stereolithography
Two-photon Polymerization
PolyJet 3D Printing
Fused Deposition Modeling
Multiphase Jet Solidification
Low-temperature Deposition Manufacturing
Microextrusion Bioprinting
Droplet Deposition/Extrusion-based Technologies
Electron Beam Melting
Three-dimensional Printing/Adhesion Bonding/Binder Jetting
Other Technologies

By End User (Revenue, USD Billion):

Hospitals and surgical centers, dentistry and orthopaedic clinics, academic institutions & research laboratories, pharma-biotech & medical device firms, and clinical research organizations make up the different end-user segments of the 3D printing medical devices market. The sector of hospitals and surgical centers held the biggest market share in 2020. The significant market share of this sector can be due to the increased uptake of cutting-edge medical technology by hospitals, the expansion of existing 3D printing facilities, and the rising affordability of 3D printing services.

Hospitals & Surgical Centers
Dental & Orthopedic Clinics
Academic Institutions & Research Laboratories
Pharma-Biotech & Medical Device Companies
Clinical Research Organizations

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.