Home > Healthcare & Medical Devices > 3D Printed Medical Devices & Implants Market
3D Printed Medical Devices & Implants Market Size is estimated to exhibit a decent growth rate between 2023 and 2032, attributed to a rapid surge in demand for custom-printed medical implants and devices. Different types of medical devices produced through 3D printing include cranial and orthopedic implants, dental restorations such as external prosthetics and crowns, and surgical instruments. The increasing incidences of dental and orthopedic disorders will therefore bring lucrative impetus to the market.
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 their 3D printing capabilities. In addition, the wide range availability of advanced 3D printing materials, coupled with the increasing expenditure on medical and healthcare services, will foster recognizable gains in the 3D printed medical devices & implants market.
3D printing processes require utmost precision and expertise. However, a lack of skilled resources and technicians across developed economies may impede product adoption over the coming years. In addition, 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 demographics. Moreover, the supply chain crunch and shortage of medical supplies caused as a result of the Ukraine-Russia war will further hamper industry operations through the estimated timeframe.
Based on components, the 3D printed medical devices & implants market share from software segment is poised to foresee recognizable gain through 2032. The high adoption rate of software components, aided by the increasing utilization of additive manufacturing technologies in the medtech industry, will drive segment outlook. 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, and others.
Based on technology, the 3D printed medical devices & implants market is estimated to record considerable proceeds from the laser beam melting segment during 2023-2032. The demand of this segment is credited to the extensive usage of this powder bed-based additive manufacturing process across the industry. 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 industry is set to witness noticeable expansion through 2032 due to the increased adoption of 3D printing as per guidelines from regulators such as the FDA. The regional progress is further promoted by the increasing versatility of the 3D printing of numerous medical applications in biologics regulated by the Center for Biologics Evaluation and Research, drugs regulated by the Center for Drug Evaluation and Research, and medical devices regulated by the Center for Devices and Radiological Health (CDRH).
Leading players across the 3D printed medical devices & implants market include Cyfuse Biomedical, Aspect Biosystems, Medprin, 3D Bioprinting Solutions, Rokit, Materialise, Organovo, BioBots, Formlabs, and others.