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3D Printed Medical Devices & Implants Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2024 – 2032

  • Report ID: GMI4104

3D Printed Medical Devices & Implants Market Size

3D Printed Medical Devices & Implants Industry Size is estimated to exhibit a decent growth rate between 2024 and 2032, attributed to a rapid surge in demand for custom-printed medical implants and devices. The increasing incidences of dental and orthopedic disorders will push the demand for medical devices & implants, favoring the 3D printing production method.
 

3D Printed Medical Devices & Implants Market Trends

There is increasing production of various medical devices through 3D printing, including cranial and orthopedic implants, as well as dental restorations like external prosthetics, crowns, and surgical instruments. The flexibility offered by 3D printing enables designers to make changes easily without the requirement for setting up additional tools or equipment. Besides, it also lets manufacturers create devices with very complex structures or devices identical to a patient’s anatomy.
 

Government and private organizations globally have been undertaking necessary initiatives and infusing significant investments to enhance the 3D printing capabilities. In addition, the wide range availability of the product, coupled with the increasing expenditure on medical and healthcare services.
 

However, a lack of skilled resources and technicians across developed economies may impede product adoption over the coming years. Additionally, the limited training programs regarding the ever-evolving landscape of 3D printing materials and additive manufacturing technologies have further accentuated these concerns, which may negatively impact industry expansion. Moreover, the supply chain crunch and shortage of medical supplies caused because of the Ukraine-Russia war will further hamper industry operations through the study duration. 
 

3D Printed Medical Devices & Implants Market Analysis

Based on components, the software segment is poised to foresee notable gain through 2032. There is high adoption rate of software components, aided by the increasing utilization of additive manufacturing technologies in the medtech industry. This includes spitting out a 3D-printable file of a medical image, ensuring that a 3D printer is printing to spec, designing a complicated 3D structure at a rapid pace.
 

The market is estimated to record substantial gains from the laser beam melting segment during 2024-2032, driven by the extensive usage of this powder bed-based additive manufacturing process. Various manufacturers have been deploying this method to characterize the packaging and flow behavior of the powdered raw material, which considerably influences several construction parameters and eventually augment the market share through the coming years.
 

North America 3D printed medical devices & implants market is set to witness noticeable growth through 2032 due to the increased product adoption as per guidelines from regulators such as the FDA. The increasing versatility of the 3D printing method for numerous medical applications in biologics regulated by the Center for Biologics Evaluation and Research, Center for Drug Evaluation and Research for the drug regulation, and medical devices regulated by the Center for Devices and Radiological Health (CDRH), favors the industry development.
 

3D Printed Medical Devices & Implants Market Share

Leading players in the 3D printed medical devices & implants industry include:

  • Rokit
  • Cyfuse Biomedical
  • Materialise
  • BioBots
  • Aspect Biosystems
  • Medprin
  • 3D Bioprinting Solutions
  • Organovo
  • Formlabs
     

3D Printed Medical Devices & Implants Industry News

  • In June 2023, Mighty Oak Medical collaborated with HP observing Mighty Oak Medical utilizing HP's Jet Fusion 5200 3D printers to develop 3D printed healthcare applications.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Authors: Mariam Faizullabhoy

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