The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s 3D printed medical devices market report forecasts the 3D printed medical devices market size to grow to $6.88 Billion by 2027, with a CAGR (compound annual growth rate) of more than 24%.

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3D Printed Medical Devices Market Size Forecast
The global 3D printed medical devices market is expected to grow from $2.07 billion in 2021 to $2.87 billion in 2022 at a compound annual growth rate (CAGR) of 38.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The 3D printed medical devices market size is expected to grow to $6.88 billion in 2026 at a CAGR of 24.5%.

North America held the largest 3D printed medical devices market share.

Key 3D Printed Medical Devices Market Driver ­– Increase In The Prevalence Of Osteoarthritis And Similar Musculoskeletal Conditions
For instance, according to the US National Library of Medicine report, by 2040, it is estimated that approximately 78 million (26%) US adults aged 18 years and above will be projected to have doctor-diagnosed arthritis. Thereby driving the adoption of 3D printed medical devices, positively impacting the market growth.

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Key 3D Printed Medical Devices Market Trend – Increasing Use Of 3D Printing Technology In The Spine Industry
The spine industry is adopting 3D printing to produce new innovative products that can promote bone ingrowth and improve implant fixation to spine bone, reducing the number of manufacturing steps, thereby making the 3D printing process more cost-effective in several cases. For instance, Medtronic launched its titanium 3D printed platform – TiONIC Technology. TiONIC Technology is a 3D printed technique that uses laser methods to create implants with enhanced surface textures. Artic-L is the first implant created by the company using TiONIC Technology. The implant is made up of titanium and is designed to be used by surgeons in spine surgery. In addition to that, K2M’s Lamellar, introduced its 3D Titanium Technology to create a 3D spinal implant. The 3D printing medical device using titanium technology uses an advanced 3D printing method to create structures that were once considered impractical with traditional manufacturing techniques. The implants use titanium powder and are associated with bone growth activity.

3D Printed Medical Devices Market Segment

1) By Type: Implants, Surgical instruments, Prosthetics, Tissue engineering devices, Other Types

2) By Application: Orthopedic, Spinal, Dental, Hearing Aids, Other Applications

3) By Technology: Fused Deposition Modelling, Digital Light Processing, Stereolithography, Selective Laser melting

4) By Raw Material: Plastics, Biomaterial inks, Metals and Alloys

5) By End User: Hospitals, Diagnostics Centres, Academic Institutions, Other End Users

3D Printed Medical Devices Market Major Players and Strategies
Major players in the 3D printed medical devices market are 3D Systems Corporation, EnvisionTEC, Stratasys Ltd., Arcam AB, Cyfuse Biomedical, Materialise NV, Organovo Holdings, EOS GmbH, FabRx Ltd., and Concept Laser.

In July 2020, Medtronic, an American Irish-domiciled medical device company acquired Medicrea International for an undisclosed amount. The acquisition of Medicrea expands Medtronic’s already deep portfolio as this adds to their spinal solution profile as the advent of new digital technology will offer the ability to custom spinal implants. Medicrea International is a spinal surgery company with 30+ FDA-approved spinal implant technologies that have been utilized in over 150,000 spinal surgeries to date.

The 3D Printed Medical Devices Global Market Report 2023 covers regional data on 3D printed medical devices market size, 3D printed medical devices market trends and drivers, opportunities, strategies, and 3D printed medical devices market competitor analysis. The countries covered in the 3D printed medical devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

3D printed medical devices are artificial devices that replace a missing body part or biological structure and are manufactured by laying successive layers of material using inputs from a digital 3D model.

View More Reports Related To The 3D Printed Medical Devices Market –

3D Medical Imaging Devices Global Market Report 2023

3D Printed Implants Global Market Report 2023

3D Printed Prosthetics Global Market Report 2023

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