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Global 3D Printing Medical Devices Market

3D Printing Medical Devices Market Size, Share & Segment by By Technology (Laser Beam Melting, Electron Beam Melting, Photopolymerization, Droplet Deposition, Three-dimensional Printing /Binder Jetting, Other Technologies), By Component (Materials, Equipment, Services & Software), By Application (Standard Prosthetics & Implants, Custom Prosthetics & Implants, Wearable Medical Devices, Surgical Instruments, Tissue-engineered Products, Surgical Guides, Hearing Aids, Other Applications), By End User (Hospitals & Surgical Centers, Academic Institutions & Research Laboratories, Dental & Orthopedic Clinics, Clinical Research Organizations, Pharma-Biotech & Medical Device Companies), and by Regions | Global Market Forecast 2022-2028

Report Id: SNS/HC/1185 | May 2022 | Region: Global | 125 Pages

Report Sccope & Overview:

The 3D Printing Medical Devices Market Size was valued at USD 2.9 billion in 2021 and is expected to reach USD 8.4 billion by 2028, and grow at a CAGR of 7.8% over the forecast period 2022-2028.

In the manufacture of medical and dental devices, 3D printing medical device plays an extremely important role. Due to various capabilities, 3D printers are most commonly used for medical devices, but they may also be used for other items such as food, household items, and automobile parts. This 3D printing technology is used to treat a variety of conditions, including titanium hip and jaw replacements, appendage prostheses, and plastic tracheal supports, among others. Many experts choose 3D printing devices before medical treatments of any organ part because of cutting-edge innovation and uncomplicated devices, which can reduce errors.

3D Printing Medical Devices Market

A Computer plan drawing or an imaging technique picture is a 3D product shaped from an advanced 3D picture. The 3D thing is created by building up continuous layers of material, which are connected to the previous layer until the object is complete. Various sorts of materials are used to create a 3D image that is effective for medical applications.

The 3D Printing Medical Devices Market is expected to grow as a result of rising government investment in the medical care sector, technological advancements in 3D printing, easy development of medical devices, and increased use of 3D printing devices in the clinical services industry. In the healthcare and dental assembly business, 3D printing has become a vital tool. Clinical device producers choose it for a variety of reasons, including amplifiers, prosthetics, and custom-made knee and hip embeds. Because of several technical breakthroughs in this sector, the 3D Printing Medical Devices Industry is expected to demonstrate significant growth during the forecasted time range. Furthermore, many factors such as R&D investment, rapidly expanding customer base, and Increase the scope of biomedical applications have fueled the growth of the 3D Printing Medical Devices market.

MARKET DYNAMICS

DRIVERS

  • Increasing the public-private partnership's funding

  • Ability to conduct research and development

  • Infrastructure for healthcare is expanding.

RESTRAINTS

  • Due to a lack of specialized training,

  • Skilled labor shortage.

OPPORTUNITIES

  • Direct digital production.

  • Shifting towards advanced medical treatment.

CHALLENGES

  • High Investment and operating cost.

  • Lack of awareness.  

  • Technology penetration

  • Lack of acceptable reimbursement scenarios

IMPACT OF COVID-19

Due to the pandemic, admission to customers to sell and carry out 3D Printing Medical Devices declined during March 2020 and the second quarter of 2020, as emergency departments were mostly focused on the COVID-19 pandemic. The pandemic has sparked a major surge in demand for ventilators. The closure of assembling offices due to lockdowns and disrupted supply chains had a minor impact on the regional development of the 3D Printing Medical Devices Market in 2020.

By Component

The market for 3D printing medical devices is divided into three categories: equipment, materials, and software and services. The 3D Printing Medical Devices market was dominated by software and services. The cost-effectiveness, utility, consistency, and precision of medical device 3D printing services are likely to drive this segment's expansion over the forecast period.

By Technology

Electron beam melting (EBM), laser beam melting (LBM), photopolymerization, droplet deposition or extrusion-based technologies, three-dimensional printing (3DP) or adhesion bonding, and other technologies make up the 3D printing medical devices market. The laser beam melting (LBM) segment had the biggest market share. The growing use of this technology in the dental industry and for manufacturing implants for minimally invasive surgery is responsible for the huge proportion of this market.

By Application

Surgical guides, surgical tools, conventional prosthetics and implants, custom prosthetics and implants, tissue-engineered goods, hearing aids, wearable medical devices/implantable medical devices, and other medical equipment make up the 3D printing medical devices market. In 2020, the custom prosthetics and implants category held a higher part of the market. 3D printing is widely used to create highly customizable prosthetics and implants from a wide range of materials, including biological materials (such as skin and bones), plastics, ceramics, and metals. 3D printing of custom implants is drawing many medical device businesses and new investors to purchase 3D printers. This market segment is predicted to grow rapidly in the future years.

By End-User

Hospitals and surgical centers, dentistry and orthopedic clinics, academic institutions and research laboratories, pharma-biotech and medical device firms, and clinical research organizations make up the 3D Printing Medical Devices market. In 2020, the hospital and surgical center category accounted for the greatest proportion of the market. The growth of existing 3D printing laboratories, the increasing affordability of 3D printing services, and hospitals' quick embrace of sophisticated technologies are all contributing to this segment's big share.

COMPETITIVE LANDSCAPE

Some of the major key players are: 3D Systems Corporations, Cyfuse Medical K.K., Stratasys Ltd., EOS GmbHConcept, 3T RPD Ltd., Prodways Group, Oxford Performance Materials, Inc., SLM Solutions Group AG, Arcam AB, EnvisionTEC, Organovo Holdings, Inc., Bio3D Technologies, Renishawplc, Materialise NV, Laser GmbH, and Other Players.

KEY MARKET SEGMENTS:

By Technology

  • Laser Beam Melting

  • Electron Beam Melting

  • Photopolymerization

  • Droplet Deposition

  • Three-dimensional Printing /Binder Jetting

  • Other Technologies

By Component

  • Materials

  • Equipment

  • Services & Software

By Application

  • Standard Prosthetics & Implants

  • Custom Prosthetics & Implants

  • Wearable Medical Devices

  • Surgical Instruments

  • Tissue-engineered Products

  • Surgical Guides

  • Hearing Aids

  • Other Applications

By End User

  • Hospitals & Surgical Centers

  • Academic Institutions & Research Laboratories

  • Dental & Orthopedic Clinics

  • Clinical Research Organizations

  • Pharma-Biotech & Medical Device Companies

3D Printing Medical Devices Market

REGIONAL ANALYSIS

The Asia-Pacific, Americas, Europe, the Middle East, and Africa 3D Printing Medical Devices Market has been segmented into distinct regions. The 3D Printing Medical Devices Market in the Americas has also been segmented into North America and South America, with the former divided into the United States and Canada. Western Europe and Eastern Europe are the two halves of the European 3D Printing Medical Devices Industry.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

3D Printing Medical Devices Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 2.9 Billion
Market Size by 2028 US$ 8.4 Billion
CAGR CAGR of 7.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Technology (Laser Beam Melting, Electron Beam Melting, Photopolymerization, Droplet Deposition, Three-dimensional Printing /Binder Jetting, Other Technologies)
• By Component (Materials, Equipment, Services & Software)
• By Application (Standard Prosthetics & Implants, Custom Prosthetics & Implants, Wearable Medical Devices, Surgical Instruments, Tissue-engineered Products, Surgical Guides, Hearing Aids, Other Applications)
• By End User (Hospitals & Surgical Centers, Academic Institutions & Research Laboratories, Dental & Orthopedic Clinics, Clinical Research Organizations, Pharma-Biotech & Medical Device Companies)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles 3D Systems Corporations, Cyfuse Medical K.K., Stratasys Ltd., EOS GmbHConcept, 3T RPD Ltd., Prodways Group, Oxford Performance Materials, Inc., SLM Solutions Group AG, Arcam AB, EnvisionTEC, Organovo Holdings, Inc., Bio3D Technologies, Renishawplc, Materialise NV, Laser GmbH, and Other Players.
DRIVERS • Increasing the public-private partnership's funding
• Ability to conduct research and development
• Infrastructure for healthcare is expanding.
RESTRAINTS • Due to a lack of specialized training,
• Skilled labor shortage.


Frequently Asked Questions (FAQ) :

3D Printing Medical Devices Market Size was valued at USD 2.9 billion in 2021

3D Systems Corporations, Cy fuse Medical K.K., Stratasys Ltd., EOS GmbH Concept, 3T RPD Ltd., Prod ways Group, Oxford Performance Materials, Inc., SLM Solutions Group AG, Arcam AB are the key players of the 3D Printing Medical Devices Market.

The Asia-Pacific, Americas, Europe, the Middle East, and Africa 3D Printing Medical Devices Market have been segmented into distinct regions.

Increasing the public-private partnership's funding, Ability to conduct research and development, are all propelling the 3D Printing Medical Devices market forward.

Due to a lack of specialized training, and Skilled labor shortage are the main restraints of the Medical Nonwoven Disposable market.

 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. 3D Printing Medical Devices Market Segmentation, By Technology

8.1 Laser Beam Melting

8.2 Electron Beam Melting

8.3 Photopolymerization

8.4 Droplet Deposition

8.5 Three-dimensional Printing /Binder Jetting

8.6 Other Technologies

 

9. 3D Printing Medical Devices Market Segmentation, By Component

9.1 Materials

9.2 Equipment

9.3 Services & Software

 

10. 3D Printing Medical Devices Market Segmentation, By Application

10.1 Standard Prosthetics & Implants

10.2 Custom Prosthetics & Implants

10.3 Wearable Medical Devices

10.4 Surgical Instruments

10.5 Tissue-engineered Products

10.6 Surgical Guides

10.7 Hearing Aids

10.8 Other Applications

 

11. 3D Printing Medical Devices Market Segmentation, By End User

11.1 Hospitals & Surgical Centers

11.2 Academic Institutions & Research Laboratories

11.3 Dental & Orthopedic Clinics

11.4 Clinical Research Organizations

11.5 Pharma-Biotech & Medical Device Companies

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3        Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4        Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5        The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6        Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13. Company Profiles

13.1 3D Systems Corporations

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Cyfuse Medical K.K.

13.3 Stratasys Ltd.

13.4 EOS GmbHConcept

13.5 3T RPD Ltd.

13.6 Prodways Group

13.7 Oxford Performance Materials, Inc.

13.8 SLM Solutions Group AG

13.9 Arcam AB

13.10 EnvisionTEC

13.11 Organovo Holdings, Inc.

13.12 Bio3D Technologies

13.13 Renishawplc

13.14 Materialise NV

13.15 Laser GmbH

 

14. Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

 

15. Conclusion

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Secondary Research

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