ID: MRFR/HC/6583-HCR | 90 Pages | Author: Kinjoll Dey | June 2023
3D printed medical implants market was valued over USD 2.24 Billion by 2030 at CAGR of 19.10% during the forecast period.
The 3D Printed Medical Implants Market is anticipated to reach USD 2.24 Billion by 2030 at 19.10% CAGR during the forecast period 2022-2030.
3D printing refers to a process that uses a layer-by-layer method to develop a real or physical object from a digital design. The technology is in the primary stage in healthcare applications and secures strong potential for a broad range of applications in medical implants. The global market for 3D printed medical implants has witnessed enormous growth in the last few years. The market's growth is mainly being driven by the massive technological developments in the medical device industry. Furthermore, the factors such as the growing need for medical implantation, strategic investments are made by leading players, and the growing prevalence of bone-dental disorders are also projected to boost the growth of the 3D printed medical implants market over the forecasted era. However, the stringent government regulations and high cost of implants are also anticipated to restrict the market's growth.
The 3D printed medical implants market has been segmented into component type, implantation technology, application, and end user.
By implantation technology, the market has been segmented into laser beam melting, electronic beam melting, droplet deposition, and others.
Based on application, the market has been segmented into dental, orthopedic, and cranio-maxillofacial.
The market, by end user, has been segmented into hospitals, medical device companies, research and academic institutes, and others.
The 3D printed medical implants market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The 3D printed medical implants market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada.
The European 3D printed medical implants market has been segmented into Western Europe and Eastern Europe. Western Europe 3D printed medical implants market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The 3D printed medical implants market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The 3D printed medical implants market in the Middle East & Africa has been segmented into the Middle East and Africa.
Regional Market Summary
Global 3D Printed Medical Implants Market Share (%), by Region, 2018
Source: White Papers, Company Presentations, Annual Reports
On a regional basis, the Americas is anticipated to dominate the 3D printed medical implants market owing to the availability of advanced healthcare facilities in the region.
Europe is expected to hold the second largest position in the 3D printed medical implants market owing to the presence of major market players in the European countries.
Asia-Pacific is the fastest growing 3D printed medical implants market owing to the increasing need for better healthcare facilities, rapidly improving technology, and the presence of a huge patient pool. According to the research by Cochlear Ltd., the world’s best cochlear implant technology is available in India with a wide range of products offered.
The Middle East & Africa has the least share of the 3D printed medical implants market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.
February 2022- DeGen Medical has announced the launch of the first 3D-printed spinal implant equipped with Puri-Ti technology. The ImpulseAM is the first interbody device deployed with the Puri-Ti manufacturing process as per the news release. It is a "green" process with no cutting fluids, oils, or heat treatment needed.
CollPlant, a regenerative medicine specialist, has announced a partnership with BICO firm CELLINK to boost its production of 3D bioprinted breast implants.
Dentsply Sirona, a prominent dental device maker, has disclosed two separate initiatives to support its efforts to bring dentistry thoroughly into the digital age.
March 2022- 3D Systems has announced an agreement to acquire a Munich, Germany-based additive manufacturing solutions supplier for customized healthcare applications, Kumovis. Kumovis' solutions are developed upon their unique extrusion technology, particularly designed to print medical-grade, high-performance polymers such as PEEK (polyether ether ketone).
3D Printed Medical Implants Market, by Component
3D Printed Medical Implants Market, by Implantation Technology
3D Printed Medical Implants Market, by Application
3D Printed Medical Implants Market, by End User
3D Printed Medical Implants Market, by Region
|Market Size||USD 2.24 Billion|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Component Type, Implantation technology, Application, and End user|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Materialise, Renishaw PLC, 3D Systems Inc., Stratasys Ltd, ENVISIONTEC Inc., Arcam AB, SLM Solutions, Oxford Performance Materials, Bio3D Technologies, Cyfuse Biomedical K.K., TRUMPF, ADEISS, OsseoMatrix, AnatomikModeling, EIT Emerging Implant Technologies, Others|
|Key Market Opportunities||New product launches and R&D Amongst major key Players|
|Key Market Drivers||
3D printed medical implants market is projected to grow at an 19.10% CAGR between 2022-2030.
The Americas is expected to dominate the 3D printed medical implants market.
Growing need for medical implantation and vast technological advancements are the key factors driving the 3D printed medical implants market.
Strict government regulations and high price of implants may limit the 3D printed medical implants market.
3D printed medical implants are widely used in cranio-maxillofacial, orthopedic, and dental.
Key Questions Answered
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