How Has The Computer Vision in 3D Printed Medical Devices Market Size Evolved In Recent Years?
The 3d printed medical devices market has seen considerable growth due to a variety of factors.
• In the past few years, the market size for 3D printed medical devices has seen a rapid expansion. This market is predicted to escalate from $3.25 billion in 2024 to $4.02 billion in 2025, reflecting a compound annual growth rate (CAGR) of 23.7%.
The historical growth of this market can be associated with factors such as customization and personalization, compliance with regulatory standards and approvals, increased requirement for patient-tailored solutions, strategic collaborations and partnerships, and benefits in terms of cost and time efficiency.
What Is The Forecast For The 3D Printed Medical Devices Market By 2029?
The 3d printed medical devices market is expected to maintain its strong growth trajectory in upcoming years.
• The market for 3D printed medical devices is predicted to expand rapidly in the coming years, surging to a value of $7.79 billion in 2029, rising at an 18.0% compound annual growth rate (CAGR).
Factors contributing to potential growth during this forecasted period can be credited to heightened accessibility and affordability, broad implementation of 3d printing in medical sector, the combination of remote healthcare and telemedicine, an emphasis on sustainable and environmentally safe practices, and developments in biocompatible material. The forecast period also indicates several significant trends such as regulatory adaptations to technological progress, the incorporation of artificial intelligence, technological progression in 3D printing, point-of-care printing, and the coupling of remote printing with telemedicine.
What Are The Key Drivers Fueling Growth In The 3D Printed Medical Devices Market?
The surge in 3D printed medical devices market growth is largely due to a rise in musculoskeletal ailments like osteoarthritis. The joint cartilage and surrounding tissues of an individual suffering from osteoarthritis deteriorate, resulting in discomfort, rigidity, and impaired joint functionality. The ability of 3D printed medical devices to produce a patient's joint replica offers surgeons invaluable data that might be undetectable on a 2-dimensional scan. As people age, the risk of osteoarthritis expands. For instance, a report by the US National Library of Medicine predicts that by 2040, about 78 million (26%) US adults aged 18 years and older are expected to have arthritis diagnosed by a doctor. This trend is expected to propel the 3D printed medical devices market growth, making a substantial positive impact.
How Is The Globa 3D Printed Medical Devices Market Divided Into Key Segments?
The 3D printed medical devices market covered in this report is segmented –
1) By Type: Implants, Surgical instruments, Prosthetics, Tissue engineering devices, Other Types
2) By Raw Material: Plastics, Biomaterial inks, Metals and Alloys
3) By Technology: Fused Deposition Modelling, Digital Light Processing, Stereolithography, Selective Laser melting
4) By Application: Orthopedic, Spinal, Dental, Hearing Aids, Other Applications
5) By End User: Hospitals, Diagnostics Centers, Academic Institutions, Other End Users
Subsegments:
1) By Implants: Orthopedic Implants, Dental Implants, Cranial Implants
2) By Surgical Instruments: Customized Surgical Tools, 3D Printed Guides And Templates
3) By Prosthetics: Limb Prosthetics, Facial Prosthetics
4) By Tissue Engineering Devices: Scaffolds, Bioprinted Tissues
5) By Other Types: Patient-Specific Models, Medical Training Models
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What Trends Are Reshaping The 3D Printed Medical Devices Market?
Leading companies in the 3D printed medical devices industry are concentrating on the roll-out of novel products like oral health devices. These devices are tailor-made to upgrade dental care with individualized solutions for patients. Oral health devices are specially crafted for the prevention, diagnosis, and treatment of dental complications, and include 3D-printed dentures, aligners, and surgical guides, which boost patient comfort and precision in dental operations. For instance, in January 2024, Proclaim, a firm based in the US, unveiled the Custom-Jet Oral Health System. This new system comes with a 3D printed mouthpiece that in a mere seven seconds, can eradicate harmful bacteria, especially P.Gingivalis. This novel device has been clinically validated to enhance oral health, significantly alleviate symptoms of gum disease, and boost overall systemic health.
Who Are the Key Players in the 3D Printed Medical Devices Market?
Major companies operating in the 3D printed medical devices market include:
• Siemens AG
• General Electric Company
• Arcam AB
• Hewlett Packard Development Company LP
• Adobe Inc.
• Dassault Systèmes SE
• Phidias Technologies
• Ansys Inc.
• Bio3D Technologies Pte Ltd.
• Renishaw plc
• Stratasys Ltd.
• Concept Laser GmbH
• 3D Systems Corporation
• Protolabs Inc.
• Materialise NV
• Groupe Gorgé SA
• SLM Solutions Group AG
• Carbon Inc.
• Formlabs Inc.
• ExOne Company
• Envision TEC Inc.
• Nano Dimension Ltd.
• Cyfuse Biomedical K.K.
• EOS GmbH Electro Optical Systems
• Oxford Performance Materials Inc.
• FabRx Ltd.
• Organovo Holdings Inc.
• Laser GmbH
• 3T RPD Ltd.
What are the Regional Insights into the 3D Printed Medical Devices Market?
North America was the largest region in the 3D printed medical devices market in 2024. Western Europe was the second largest region in the global 3D printed medical devices market report. The regions covered in the 3D printed medical devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
