Blockchain Press Releases
Orthopedic 3D Printing Devices Market to Gather $5.3 Billion, Globally, by 2032 at 11.2% CAGR: Allied Market Research
The rising development of global healthcare infrastructure is anticipated to drive the growth of the global orthopedic 3D printing devices market during the forecast period from 2023 to 2032. The North America region is projected to hold a major market share by 2032.
PORTLAND, Ore., July 24, 2023 /PRNewswire/ — Allied Market Research has recently published a report, titled, “Orthopedic 3D Printing Devices Market by Type (Plastics, Biomaterials, Nylon, Wax, Ceramics, others), by Application (Orthopedic implants, Surgical planning, Surgical instruments): Global Opportunity Analysis and Industry Forecast, 2023-2032″. According to the report, the global orthopedic 3D printing devices market generated $2 billion in 2022, and is anticipated to generate $5.3 billion by 2032, witnessing a CAGR of 11.2% from 2023 to 2032.
Request Sample of the Report on Orthopedic 3D Printing Devices Market Forecast 2032- Allied Market Research- https://www.alliedmarketresearch.com/request-sample/111743
Prime Determinants of Growth
In the last few years, there has been a steady increase in the development of healthcare infrastructure across the world. This has led to a growth in demand for orthopedic 3D printing devices which is predicted to be one of the important factors driving the growth of the global orthopedic 3D printing devices market in the forecast timeframe. However, the high initial cost of orthopedic 3D printing devices may hamper the orthopedic 3D printing devices market growth in the coming period. On the contrary, growing investments in the research and development of 3D printing devices is expected to offer growth opportunities for expansion of the orthopedic 3D printing devices market in the 2023-2032 forecast period.
Report Coverage & Details:
|
Report Coverage |
Details |
|
Forecast Period |
2023–2032 |
|
Base Year |
2022 |
|
Market Size in 2022 |
$2 billion |
|
Market Size in 2032 |
$5.3 billion |
|
CAGR |
11.2 % |
|
No. of Pages in Report |
280 |
|
Segments covered |
Type, Application, and Region |
|
Drivers |
Increasing pace of development of global healthcare infrastructure Increasing investments in the research and development of orthopedic 3D printing devices |
|
Opportunities |
Rising demand for personalized and customized solutions tailored to suit individual patients Increasing tendency to introduce innovation and advancement in the medical sector |
|
Restraints |
High initial cost of orthopedic 3D printing devices |
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COVID-19 Scenario
- The outbreak of the COVID-19 pandemic has had a negative impact on the growth of the global orthopedic 3D printing devices market. The travel restrictions and lockdowns led to disruptions in production cycles of various companies manufacturing orthopedic 3D printing devices. As a result, there was a decline in the growth rate of the market.
- Also, the demand for orthopedic 3D printing devices reduced during the pandemic period as elective surgeries, including orthopedic procedures, were postponed or canceled due to fear of infection.
- The orthopedic 3D printing devices market is, however, projected to show steady growth in the future due to the development of global healthcare infrastructure.
Orthopedic 3D Printing Devices Market Segment by Type: Plastics Sub-segment Projected to Gather a Huge Revenue During the Forecast Period
The plastics sub-segment accounted for the highest orthopedic 3D printing devices market share in 2022 and is expected to garner large revenue during the forecast period. Plastics play an important role in the medical device industry due to their unique properties such as incompatibility, low cost, and ready availability. These advantages of plastics is predicted to boost the sub-segment’s growth by 2032.
Orthopedic 3D Printing Devices Market Segment by Application: Orthopedic Implants Sub-segment Projected to be One of the Most Profitable by 2032
The orthopedic implants sub-segment accounted for the highest orthopedic 3D printing devices market share in 2022 and is expected to grow at a stunning CAGR of 11.9% during the forecast period. Rise in the number of patients seeking orthopedic implant surgery has led to an increase in demand for orthopedic 3D printing devices. This growth in demand is predicted to boost the sub-segment’s growth by 2032.
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Orthopedic 3D Printing Devices Market Segment by Region: North America Market to be one of the Fastest Growing by 2032
The North America region accounted for the highest share in the global orthopedic 3D printing devices market in 2022 and is expected to continue on this growth trajectory during the forecast period. The increasing prevalence of orthopedic diseases such as osteoporosis and other bone related diseases and the increasing risk of fractures due to an aging population are expected to be the main growth drivers of the market in North America region by 2032.
Leading Players in the Orthopedic 3D Printing Devices Market
- Stryker
- General Electric
- Abbott
- 3D Systems Corp.
- Smith & Nephew
- Zimmer Biomet Holding Inc.
- ENVISIONTEC US LLC
- Johnson & Johnson
- Aspect Biosystems Ltd.
- EOS GmbH Electro Optical Systems
The report provides a detailed analysis of the key players of the global orthopedic 3D printing devices market. These players have adopted different strategies, such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominance in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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Blockchain Press Releases
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:
On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.
Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.
If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:
Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423
[email protected]
[email protected]
Blockchain Press Releases
Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange
DUBAI, UAE, Jan. 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been recognized as the second most popular cryptocurrency exchange globally, according to the latest report from CryptoQuant. The “2024 Crypto Survey: Exchange Use and Investor Behavior” underscores Bybit’s unmatched appeal to professional traders, commitment to security, and innovative offerings that cater to a diverse, global user base.
Bybit’s platform has become a hub for full-time traders, with 52% of surveyed users identifying as professionals—outperforming rivals OKX (38%) and Binance (37%). This success is supported by initiatives like the Bybit Broker Program, which has onboarded over 700 new clients in 2024, raising the total to 1,500 institutional clients. Additionally, Bybit’s Unified Trading Account (UTA) simplifies trading by centralizing spot, futures, and options activities in one seamless interface. Supporting over 70 cryptocurrencies as collateral, this system empowers traders to maximize their capital efficiency by using unrealized profits as margin across various products. UTA’s role in managing 99% of the platform’s trading volume showcases its importance to Bybit’s ecosystem.
Furthermore, Bybit’s integration of MetaTrader 5 allows users to diversify into traditional markets, such as Gold and FX, using USDT, marking another step forward in meeting the needs of professional traders.
Bybit’s global popularity spans regions including Africa, South America, the Middle East, Asia, Europe, and Oceania, where it maintains a dominant presence. Even as the exchange strategically exits certain jurisdictions to comply with regulatory requirements, Bybit’s adherence to a compliance-first approach ensures sustainable growth in markets with clear regulatory frameworks. This adaptability has strengthened Bybit’s position as a trusted and reliable global platform.
The report also acknowledges Bybit’s excellence in security, customer service, and P2P trading, where it ranks as the third-best exchange globally. These accolades reflect Bybit’s dedication to delivering a secure, user-focused experience that builds trust and loyalty within its growing community.
Joan Han, Sales & Marketing Director at Bybit, shared:
“This achievement reflects our team’s unwavering dedication and commitment to delivering a world-class trading experience. We actively listen to our clients’ requests and continuously improve our tools to ensure a smoother trading journey. Our ability to adapt and thrive in diverse markets speaks to the strength of our vision and our focus on fostering a secure, accessible, and professional crypto ecosystem. As we continue to innovate and grow, we remain dedicated to empowering traders worldwide with the tools and trust they need to succeed.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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TOKYO, Jan. 17, 2025 /PRNewswire/ — GOLFIN, the pioneering Web3-based Golf2Earn platform, has been announced as the official sponsor of Web3 Hub Davos 2025. The event, taking place from January 20–23, 2025, in Davos, Switzerland, runs alongside the World Economic Forum’s Annual Meeting and will highlight the latest advancements in Web3, blockchain, and decentralized technologies across industries. Golfin is set to showcase how Web3 technology is reshaping the future of golf.
Golfin’s Key Highlights at Web3 Hub Davos 2025:
- Exclusive Presentation: Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka will present “How the Web3 Golf Game ‘Golfin’ Will Shape the Future of the Web3 Movement” on January 22, 2025, from 17:53 to 18:03 local time.
- Innovative Technology Integration: Golfin’s combination of NFTs and GPS technology allows players to create a seamless link between real-world and digital golf experiences.
- Industry Impact: Golfin aims to modernize the golf industry while addressing global economic disparities by building ecosystem that merges sports, entertainment, and blockchain technology
- Global Partnerships: Golfin has formed strategic partnerships with leading organizations, including the ZOZO Championship and Seibu Group, to expand its reach and integrate real-world golf experiences with digital rewards.
Golfin’s Approach to Web3 Golf:
Enhancing Golf Through Innovation: Golfin revolutionizes the golf experience by allowing players to earn points through real-world gameplay on verified golf courses. These points can be used to enhance their digital gameplay, creating a seamless connection between physical activity and in-game progression. Additionally, players can collect exclusive in-game items and trade NFTs, adding value and depth to both their golfing and gaming experiences.
Vision for the Future:
Golfin is committed to transforming the traditional golf industry by integrating Web3 technology to create a more immersive and accessible golfing experience. By fostering strategic partnerships and engaging global decision-makers, Golfin plans to expand its ecosystem and drive innovation in both the sports and blockchain sectors.
About Golfin GPS: The Golfin GPS app connects real golf with digital gameplay. Players earn points while playing at certified golf courses.
For More Information: golfin.io & web3hubdavos.com .
Join the Movement: Stay updated and join Golfin’s Web3 revolution by visiting the official website or following on Twitter (JP), Twitter (Global), Discord, Instagram, & Linktree.
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