The 3D printed medical devices market consist of sales of 3D printed medical devices and related services. 3D printing is a process to create three dimensional medical devices with the help of computer-aided design. Some of the 3D printed medical devices include orthopedic and cranial implants, surgical instruments, dental restorations such as crowns, and external prosthetics.
The global 3d printed medical devices market is expected to grow from $1.4 billion in 2019 to $1.4 billion in 2020 at a compound annual growth rate (CAGR) of 1.6%. The low growth is mainly due to lockdowns imposed by the governments across the world that hindered the supply chain in the medical devices manufacturing industry. The market is then expected to recover and grow at a CAGR of 18.8% from 2021 and reach $2.2 billion in 2023.
