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The 3D printed prosthetics market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 8%, as per The Business Research Company’s market report!

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The 3D Printed Prosthetics Market Size In 2022 And Forecast
The global 3D printed prosthetics market is expected to grow from $0.88 billion in 2021 to $0.96 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. 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, affecting many markets across the globe. The 3D printed medical prosthetics market is expected to grow to $1.33 billion in 2026 at a CAGR of 8.5%.

The 3D printed medical prosthetics market consists of sales of 3D printed medical prosthetics devices and related services.

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Rise In Number Of Accidental Injuries Is Driving The Growth Of The 3D Printed Prosthetics Market
In 2019, car crashes in the US resulted in the death of 38,800 people. According to a report from National Centre for Health Statistics, approximately 50,000 new amputation cases come up each year in the US. An increase in incidences of other medical conditions such as diabetes and vascular diseases is also leading to a rise in amputation cases, thus boosting the sales of 3D printing prosthetics. For instance, according to a report published in the American Journal of Managed Care, it was estimated that, globally, one patient leg is amputated every 30 seconds and around 85% of these amputations were a result of a diabetic foot ulcer.

Competitive Landscape And The Regional Analysis Of The 3D Printed Prosthetics Market

Major players in the 3D printed prosthetics market are 3D Systems Corporation, EnvisionTEC, Stratasys Ltd., Bionicohand, YouBionic, UNYQ, Mercurys, LimbForge Inc., Open Bionics, Protosthetics, and Create Prosthetics.

Additionally, as per TBRC’s research – North America was the largest region in the 3D printed prosthetics market in 2021 holding the largest market share.

The 3D Printed Prosthetics Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 3D printed prosthetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the 3D printed prosthetics market.

Developing Of Waterproof Prosthetic Devices – A Key Trend In The 3D Printed Prosthetics Market
The aim behind this innovation is to provide the user with an increased range of mobility, especially in athletics.

3D Printed Prosthetics Market Segmentation By The Business Research Company

1) By Material: Polypropylene, Polyethylene, Acrylics, Polyurethane

2) By Type: Sockets, Limbs, Joints, Covers, Other Types

3) By End-User: Hospitals, Rehabilitation Centers, Prosthetic Clinics

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