Market Overview:
The global 3D printed medical devices market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for customized medical devices, technological advancements in 3D printing technology, and rising awareness about 3D printed medical devices. Based on type, the global 3D printed medical devices market is segmented into surgical guides, surgical instruments, prosthetics & implants, and tissue engineering products. The surgical guides segment is expected to account for the largest share of the global 3D printed medical devices market in 2018. This segment is projected to grow at a CAGR of 17% during the forecast period from 2018 to 2030. This growth can be attributed to factors such as increasing demand for customized surgical guides and growing use of advanced technologies such as laser scanning and CT scanning in manufacturing these guides. Based on application, hospitals are expected to account for the largest share of the global 3D printed medical devices market in 2018 followed by clinics.
Product Definition:
3D printing technology is used to produce medical devices with the help of a three-dimensional printer. The printers use digital models of medical devices which are created using computer aided design (CAD) software. These printers create physical objects by depositing successive layers of material, usually plastic or metal, until the entire object is created.
1) They can be customized to fit the individual patient's anatomy. This reduces the risk of complications and improves patient outcomes.
2) They can be produced quickly and in small quantities, making them ideal for use in clinical trials or for emergency situations when a standard device is not available.
Surgical Guides:
Surgical guides, also known as micro-motorized or micromotors, are used to create 3D printed medical devices. They are a vital component of the additive manufacturing process and have been gaining popularity in recent years. The growth of the market can be attributed to factors such as increasing demand for customized medical equipment and growing awareness regarding minimally invasive surgeries (MIS).
Surgical Instruments:
Surgical instruments are devices that are used in surgeries for various purposes. Surgical instrument market is segmented on the basis of product types into forceps & spatulas, retractors, graspers & pliers, knives & saws, scalpels & stethoscopes and others (anatomical models/utensils/toys). The other segment includes artificial body parts such as kidneys and livers.
Application Insights:
Based on application, the global market has been segmented into hospitals, clinics and other medical facilities, and others. Hospitals held the largest share in 2017 owing to factors such as a high usage rate of 3D printers for printing surgical guides and other surgical instruments. The demand for these devices is increasing due to their ability to reduce costs associated with traditional manufacturing methods. Moreover, they help in producing higher precision products which are required by surgeons during delicate surgeries.
The use of 3D printed prosthetics & implants is also increasing significantly across the globe owing to their benefits such as precise sizing of prosthetic body parts that result in better aesthetic outcomes when compared with conventional techniques used for fabrication of these devices.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing R&D investments by various companies and rising adoption of 3D printed medical devices for treatment of chronic diseases such as cardiac failure, Parkinson’s disease, arthritis, and others. In addition, growing number of surgical procedures are also driving growth in this region. For instance, according to a study published by National Center for Health Statistics (NCHS), U.S.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to increasing healthcare expenditure & awareness among people about advanced technologies such as 3D printing used for manufacturing implants & other medical devices required during surgery or trauma cases etc.
Growth Factors:
- Increasing demand for customized medical devices: The ability to print medical devices in customized shapes and sizes that fit the needs of individual patients is a key growth driver for the 3D printed medical devices market. This allows healthcare professionals to provide more personalized care to their patients.
- Advances in 3D printing technology: Rapid advances in 3D printing technology are helping to drive growth in the 3D printed medical devices market. Newer printers are able to produce higher quality prints with greater accuracy, which is helping to increase acceptance of 3D printed medical devices among healthcare professionals and patients alike.
- Growing use of additive manufacturing techniques: Additive manufacturing techniques such as 3D printing are being increasingly used by manufacturers of medical implants and other types of biomedical equipment due to their ability to produce complex shapes with high precision and accuracy. This is helping fuel growth in the overall market for 3D printedmedicaldevices .
Scope Of The Report
Report Attributes
Report Details
Report Title
3D Printed Medical Devices Market Research Report
By Type
Surgical Guides, Surgical Instruments, Prosthetics & Implants, Tissue Engineering Products
By Application
Hospitals, Clinics, Others
By Companies
Stratasys, Ltd., 3D Systems Corporation, EnvisionTEC GmbH, Materialise NV, EOS GmbH, Arcam AB, Concept Laser GmbH, Renishaw plc, Prodways Group, 3T RPD Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global 3D Printed Medical Devices Market Report Segments:
The global 3D Printed Medical Devices market is segmented on the basis of:
Types
Surgical Guides, Surgical Instruments, Prosthetics & Implants, Tissue Engineering Products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stratasys, Ltd.
- 3D Systems Corporation
- EnvisionTEC GmbH
- Materialise NV
- EOS GmbH
- Arcam AB
- Concept Laser GmbH
- Renishaw plc
- Prodways Group
- 3T RPD Ltd.
Highlights of The 3D Printed Medical Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Surgical Guides
- Surgical Instruments
- Prosthetics & Implants
- Tissue Engineering Products
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 3D Printed Medical Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
3D Printed Medical Devices are devices that are created using a 3D Printing process. This technology allows for the creation of intricate and detailed objects from a digital model. These devices can be used in medical procedures or as prosthetic replacements.
Some of the major companies in the 3d printed medical devices market are Stratasys, Ltd., 3D Systems Corporation, EnvisionTEC GmbH, Materialise NV, EOS GmbH, Arcam AB, Concept Laser GmbH, Renishaw plc, Prodways Group, 3T RPD Ltd..
The 3d printed medical devices market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 3D Printed Medical Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 3D Printed Medical Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 3D Printed Medical Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 3D Printed Medical Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 3D Printed Medical Devices Market Size & Forecast, 2018-2028
4.5.1 3D Printed Medical Devices Market Size and Y-o-Y Growth
4.5.2 3D Printed Medical Devices Market Absolute $ Opportunity
Chapter 5 Global 3D Printed Medical Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 3D Printed Medical Devices Market Size Forecast by Type
5.2.1 Surgical Guides
5.2.2 Surgical Instruments
5.2.3 Prosthetics & Implants
5.2.4 Tissue Engineering Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 3D Printed Medical Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 3D Printed Medical Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 3D Printed Medical Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 3D Printed Medical Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 3D Printed Medical Devices Analysis and Forecast
9.1 Introduction
9.2 North America 3D Printed Medical Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 3D Printed Medical Devices Market Size Forecast by Type
9.6.1 Surgical Guides
9.6.2 Surgical Instruments
9.6.3 Prosthetics & Implants
9.6.4 Tissue Engineering Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 3D Printed Medical Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 3D Printed Medical Devices Analysis and Forecast
10.1 Introduction
10.2 Europe 3D Printed Medical Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 3D Printed Medical Devices Market Size Forecast by Type
10.6.1 Surgical Guides
10.6.2 Surgical Instruments
10.6.3 Prosthetics & Implants
10.6.4 Tissue Engineering Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 3D Printed Medical Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 3D Printed Medical Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 3D Printed Medical Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 3D Printed Medical Devices Market Size Forecast by Type
11.6.1 Surgical Guides
11.6.2 Surgical Instruments
11.6.3 Prosthetics & Implants
11.6.4 Tissue Engineering Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 3D Printed Medical Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 3D Printed Medical Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America 3D Printed Medical Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 3D Printed Medical Devices Market Size Forecast by Type
12.6.1 Surgical Guides
12.6.2 Surgical Instruments
12.6.3 Prosthetics & Implants
12.6.4 Tissue Engineering Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 3D Printed Medical Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 3D Printed Medical Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 3D Printed Medical Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 3D Printed Medical Devices Market Size Forecast by Type
13.6.1 Surgical Guides
13.6.2 Surgical Instruments
13.6.3 Prosthetics & Implants
13.6.4 Tissue Engineering Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 3D Printed Medical Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 3D Printed Medical Devices Market: Competitive Dashboard
14.2 Global 3D Printed Medical Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stratasys, Ltd.
14.3.2 3D Systems Corporation
14.3.3 EnvisionTEC GmbH
14.3.4 Materialise NV
14.3.5 EOS GmbH
14.3.6 Arcam AB
14.3.7 Concept Laser GmbH
14.3.8 Renishaw plc
14.3.9 Prodways Group
14.3.10 3T RPD Ltd.
