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What fueled the previous growth in the 3d printed medical devices market?

The market size of 3D printed medical devices has witnessed substantial expansion in the past few years. The market, which is estimated to be $3.25 billion in 2024, is projected to escalate to $4.02 billion in 2025 with a compound annual growth rate (CAGR) of 23.7%. Contributing factors for this growth throughout the historic period include enhanced customization and personalization, recognition from regulatory bodies and standardized approval processes, increased demand for solutions tailored to individual patients, strategic collaborations and partnerships, as well as cost and time efficiency.

What will be the 3d printed medical devices market size in the future?

Anticipated to experience swift expansion in the coming years, the market size of preventive healthcare technologies and services is projected to reach $617.77 billion by 2029, with a compound annual growth rate (CAGR) of 15.7%. The growth projected within this forecast period can be credited to factors such as the development of digital health platforms and applications, incentive programs and health promotion campaigns, concerns regarding global health security, increase in the aging population, and an upsurge in collaboration and data sharing. The forecast period will be characterized by key trends including population health management solutions, applications of AI and machine learning, digital therapeutic and health applications, use of blockchain for health data security, and partnerships with pharmaceutical and technology companies.

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What main drivers are fueling expansion in the 3d printed medical devices market?

The surge in instances of osteoarthritis and similar musculoskeletal disorders is a key force propelling the expansion of the 3D printed medical devices market. Osteoarthritis, a condition inflicting damage to joint cartilage and surrounding tissues, results in pain, stiffness, and loss of joint functionality for its sufferers. 3D printed medical devices have the ability to generate an exact model of a patient’s joint, offering surgeons vital data that might not be apparent in a 2-dimensional scan. The risk of osteoarthritis escalates with the progression of age. For example, a report from the US National Library of Medicine states that by 2040, an approximate 78 million (26%) US adults aged 18 years and over are anticipated to be clinically diagnosed with arthritis. This propels the uptake of 3D printed medical devices, consequently facilitating market growth.

What key areas define the segmentation of the global 3d printed medical devices market?

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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Who are the dominant players expanding their reach 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.

How are evolving market trends shaping 3d printed medical devices Strategies?

Top-notch firms in the 3D printed medical devices market are prioritizing the launch of innovative products, like oral health devices. These products are specifically engineered to augment dental care by providing bespoke solutions for patients. Items of oral health, such as 3D-printed aligners, dentures, and surgical guides, are curated for the prevention, diagnosis, and treatment of dental disorders, intensifying comfort and precision in dental procedures for the patient. As an example, in January 2024, the American company Proclaim unleashed the Custom-Jet Oral Health System. Its new system incorporates a 3D printed mouthpiece, specially designed to annihilate detrimental bacteria, notably P.Gingivalis, within seven seconds. This groundbreaking instrument has clinically demonstrated its effectiveness in enhancing oral health, drastically decreasing symptoms of gum disease, and boosting overall systemic health.

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Which regions are emerging as leaders in 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.

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