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The 3D printing medical devices market size is forecast to increase by USD 7.08 billion at a CAGR of 25.2% between 2023 and 2028. The market is experiencing significant growth due to the increased demand for personalized prosthetics and orthotics, as well as the rising focus on the research for the use of 3D printing in manufacturing living organs and cell structures, such as orthopedic and prosthetics implants, and tissue-engineered products. This technology offers numerous benefits, including surgeon comfort, fatigue prevention, and the ability to create complex designs that are difficult to manufacture using traditional methods. Key technologies driving this market include stereolithography (SLA) and digital light processing (DLP). Furthermore, the market is witnessing an expansion in the use of 3D printing for wearable medical devices in dentistry and orthodontics, remote patient monitoring, and telemedicine. However, the high initial setup cost of 3D printing facilities remains a challenge for market growth.
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The 3D printing market for medical devices is experiencing significant growth due to the production of customized medical products using patient-specific CAD images. This technology enables the creation of medical devices in a layer-wise manner, leading to the production of implants, hearing aids, bone scaffolds, surgical equipment, and more. Patient CAD images are utilized to design and manufacture implants and other medical devices that cater to individual patient requirements, ensuring better fit and surgeon comfort. Besides implantable medical devices, non-implantable medical devices such as personalized prosthetics, orthotics, surgical instruments, and surgical tools are also being developed using 3D printing technology.
The use of biomaterials in 3D printing further expands the application scope, enabling the creation of organs and tissues for drug testing and organ transplantation. Computer-aided manufacturing plays a crucial role in the production process, ensuring accuracy and precision. Medical device manufacturers are increasingly adopting 3D printing technology to meet the growing demand for patient-specific medical devices and improve patient outcomes.
The 3D printing medical devices market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The orthopedic and spinal segment is estimated to witness significant growth during the forecast period. 3D printing technology is revolutionizing the medical device industry by enabling the fabrication of patient-specific models and complex medical devices. This includes customized implants for elective surgical procedures, such as those for patients with deformities or those requiring complex prosthetic limbs. The use of 3D printing in medical devices extends to brain designs, surgical tools, and even titanium alloy implants for cancer patients. The adoption of biocompatible materials and drug contact materials in 3D-printed medical devices ensures safety and effectiveness. Hearing aid manufacturers are also leveraging this technology to create customized hearing aid devices. Physicians and surgeons are increasingly utilizing 3D printing to create implants and surgical tools that are individually matched to a patient's anatomy, accelerating the healing process and improving patient outcomes.
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The orthopedic and spinal segment accounted for USD 697.60 million in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 40% to the growth of the global 3D printing medical devices market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is experiencing significant growth due to the increasing utilization of patient-specific models in elective surgical procedures and the production of complex prosthetic limbs. Physicians and surgeons are increasingly relying on 3D-printed models to plan and perform intricate surgeries, particularly in the case of brain designs and surgical tools. In 2022, North America accounted for a substantial share of the market revenue, driven by the region's advanced healthcare infrastructure and the advocacy of professional societies like the Society for Manufacturing Engineers and the Radiological Society of North America. Furthermore, the use of titanium alloys and biocompatible materials in 3D-printed medical devices, such as hearing aid devices manufactured by leading companies, has expanded their application in cancer patient care and drug contact materials.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increased demand for personalized or customized medical devices is the key driver of the market. 3D printing technology is revolutionizing the medical industry by enabling the production of customized medical products, including implants, hearing aids, bone scaffolds, and surgical equipment. The additive manufacturing process in 3D printing allows for the creation of patient-specific products with intricate geometries and complex structures that are difficult to achieve through traditional subtractive manufacturing methods. For instance, physicians can design porosity structures, tortuous internal channels, and internal support structures for implants using CAD images, which are essential for neurosurgery applications such as cranial implants and human skull reconstruction. Moreover, the use of patient CAD images in 3D printing ensures a perfect fit and improved patient comfort.
In the field of orthopedics, 3D printing technology is being utilized to create customized implants that cater to individual patient needs, leading to enhanced patient outcomes. Traditional implants, which come in a limited number of sizes, have their limitations, including reduced patient comfort and shorter hardware lifespan. With 3D printing, the possibilities are endless, and the technology is increasingly being adopted for the production of standard and complex customized medical devices.
A rising focus on the research for the use of 3D printing process to manufacture living organs and cell structures is the upcoming trend in the 3D printing medical devices market. 3D printing technology has revolutionized the production of customized medical products, including patient-specific implants and surgical equipment. This advanced manufacturing process allows for the creation of complex structures in a layer-wise manner using computer-aided design (CAD) images. In the medical field, 3D printing is used to produce various medical devices such as hearing aids, bone scaffolds, and neurosurgical implants. For instance, cranial implants can be custom-made using a patient's CAD images to fit perfectly onto the human skull. Similarly, standard implants can be tailored to individual patients' needs, enhancing their effectiveness. In neurosurgery, 3D printing is used to create complex structures like bone scaffolds, which can be used to facilitate tissue regeneration.
The technology also enables the production of intricate surgical equipment, improving the precision and efficiency of surgical procedures. Overall, 3D printing is transforming the medical industry by enabling the production of patient-specific, high-quality medical devices.
The high initial setup cost of 3D printing facility is a key challenge affecting 3D printing medical devices market growth. The 3D printing market for medical devices is experiencing significant growth due to the production of customized medical products, such as implants, hearing aids, bone scaffolds, and surgical equipment. These patient-specific products are designed using CAD images and created in a layer-wise manner, resulting in precise and accurate medical solutions. However, the high capital costs associated with 3D printing technology are a major barrier to its widespread adoption. The expenses are primarily attributed to the expensive equipment required for 3D printing or outsourced print service contracts and the advanced software used for post-processing. The cost of higher-end additive manufacturing printers, such as SLS, material jetting, and metal printing, ranges from USD 200,000 to USD 850,000 and sometimes even several millions of dollars.
Additionally, proprietary raw materials sold by printer manufacturers at high profit margins and the need for skilled personnel to ensure the production of high-quality devices add to the overall costs. Despite these challenges, the benefits of 3D printing in medical applications, including neurosurgery, the production of cranial implants, and the customization of standard implants, continue to drive market growth.
The 3D printing medical devices market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the 3D printing medical devices market growth analysis report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
3D Systems Corp. - The company offers 3D printing medical devices such as ProJet 360, ProJet 460 Plus, ProJet 5500X, and ProJet 3500 HDMax.
The 3D printing medical devices market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The 3D printing market for medical devices is experiencing significant growth due to the production of customized medical products using CAD images in a layer-wise manner. This technology enables the creation of patient-specific products such as implants, hearing aids, bone scaffolds, surgical equipment, and cranial implants. These devices offer several advantages over standard implants, including improved surgical outcomes, reduced operation time, and fewer post-surgical complications. 3D-printed medical devices are used in various medical fields, including neurosurgery, orthopedics, and dentistry. Biocompatible materials, such as titanium alloys and biomaterials, are commonly used to ensure safety and effectiveness. Hearing aid manufacturers are also integrating 3D printing technology to create personalized hearing aid devices using biocompatible material.
Further, the use of 3D printing technology in medical devices extends to complex prosthetic limbs, surgical tools, and tissue-engineered products. Wearable medical devices, such as remote patient monitoring systems and telemedicine, are also being developed using this technology. However, ethical issues and biosafety concerns related to the use of living cells and biomaterials in 3D printing are under consideration by regulatory authorities such as the Human Tissue Authority. CAD/CAM technology, desktop printers, and 3D printing laboratories are essential in the production of these devices. The market for 3D-printed medical devices is expected to grow significantly in the coming years due to the increasing demand for personalized medical solutions, minimally invasive surgery, and rapid prototyping in medical institutions and diagnostic centers.
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Market Scope |
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Report Coverage |
Details |
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Page number |
181 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 25.2% |
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Market growth 2024-2028 |
USD 7.08 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
19.78 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 40% |
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Key countries |
US, Germany, UK, Japan, and China |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3D Systems Corp., Anatomics Pty Ltd., Autodesk Inc., Biomerics LLC, Boston Scientific Corp., Desktop Metal Inc., EOS GmbH, Exail Technologies, Formlabs Inc., General Electric Co., INTAMSYS TECHNOLOGY CO. LTD., MATERIALISE NV, Mecuris GmbH, Medtronic Plc, Organovo Holdings Inc., Qualtech Consulting Corp., Renishaw Plc, Schultheiss GmbH, SLM Solutions Group AG, and Stratasys Ltd. |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our 3D printing medical devices market forecast report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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