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Table of Contents
3D printing is an additive type of manufacturing process of a three-dimensional object created by building successive layers of raw material. Every layer is attached to one another until the object is fully completed. Objects are produced through a digital 3D file, such as a computer-aided design (CAD) drawing or a Magnetic Resonance Image (MRI).
No additional set-up of equipment or tools is required as 3D printing allows designers to make changes easily. The flexibility of 3D printing devices allows manufacturers to create devices matched to a patient’s anatomy (patient-specific devices) or even devices with very complex internal structures. These capabilities have created huge interest in the 3D printing of medical devices and other products, including food, household items, and automotive parts. Scientists are researching how to manufacture living organs such as a heart or liver using the 3D printing process.
3D Printing Medical Devices are broadly classified into two types: External Wearable Devices and Clinical Study Devices. External Wearable Devices are those 3-D printing devices that are ideally customized to fit each patient. In this process, 3-D printing is usually accompanied by 3-D scanning helping to create the geometry. These devices can be attached to the outside of a person. These devices are larger or thicker than those surgical devices or implants that have to reach into a body. This actually helps to overcome any mechanical strength issues with 3-D printing. Clinical Study Devices are created for clinical studies where build quantities are low and design changes after evaluation are likely. Clinical Study Devices have multiple plastic components whereas 3-D printing offers a cost-effective way to create clinically usable parts at low cost.
Geographically, the 3D Printing Medical Devices Market is segmented into several regions i.e. North America, Europe, Asia Pacific and Latin America, Middle East & Africa. North America held the largest share of the global 3D printing medical devices market in 2022, while Asia-Pacific is expected to witness the highest growth from 2024 to 2030. A number of efforts are made by leading market players in emerging Asian countries such as new 3D printing research, training, and education centres and expanding their distribution networks are contributing to the growth of the 3D printing medical devices market in this regional segment.
3D Printing Medical Devices Market: Product Type
3D Printing Medical Devices Market: Technology Type
3D Printing Medical Devices Market: End Users
3D Printing Medical Devices Market: Application Analysis
3D Printing Medical Devices Market : Competitive Analysis
The report includes an accurate analysis of key players with Market Value, Company profile, and SWOT analysis. The Study consists of the following key players in the 3D Printing Medical Devices Market :
Geographical analysis of 3D Printing Medical Devices Market:
Global 3D Printing Medical Devices Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 2047.36 million |
Forecast Value (2031) |
USD 5198.19 million |
CAGR (2025-2030) |
16.8 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
3D Printing Medical Devices Market was valued at around USD 2047.36 million in 2023 & estimated to reach USD 5198.19 million by 2030.
3D Printing Medical Devices Market is likely to grow at Compound Annual Growth Rate (CAGR) of 16.8% between 2024 to 2030.
3D Printing Medical Devices Market is dominated by the Implants segment and the North America region holds the highest market share in 2023.
Some of the top key players in the 3D Printing Medical Devices Market are 3D Systems,3T RPD,Arcam,Concept Laser,EOS GmbH,EnvisionTEC,Materialise,Prodways,Renishaw,Stratasys.
Primary driving factors for the growth of the 3D Printing Medical Devices Market include New 3D printing research, training, and education centres and expanding their distribution networks.
Yes, the report includes COVID 19 impact on the market.
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