The 3D printed medical implants market consist of sales of 3D printed medical implants and related services. In 3D printing technology, an artificial three dimensions physical object is created with the help of computer-aided design (CAD) or a Magnetic Resonance Image (MRI), which can replaced the missing or defective body parts, to give support or recover damaged biological structure. 3D printed medical implants include 3D dental crowns, 3D dental bridges, 3D acetabular hip implants and shoulder implants.
The global 3d printed medical implants market is expected to grow from $0.2 billion in 2019 to $0.2 billion in 2020 at a compound annual growth rate (CAGR) of 2.2%. 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 17.7% from 2021 and reach $0.3 billion in 2023.