Global 3D Printed Prosthetics Market
Medical Equipment

How Will The 3D Printed Prosthetics Market Globally Expand In 2023?

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 prosthetics market report forecasts the 3D printed prosthetics market size to grow to $1.44 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

 

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3D Printed Prosthetics Market Size Forecast
The global 3D printed prosthetics market is expected to grow from $0.96 billion in 2022 to $1.04 billion in 2023 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, causing inflation across goods and services and affecting many markets across the globe. The global 3D printed prosthetics market size is expected to grow to $1.44 billion in 2027 at a CAGR of 8.4%.

 

North America held the largest 3D printed prosthetics market share.

 

Key 3D Printed Prosthetics Market Driver ­– Rise In Number Of Accidental Injuries
In 2021, car crashes in the US resulted in the death of 42915 people which was the highest in 16 years. 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.

 

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Key 3D Printed Prosthetics Market Trend – Developing Waterproof Prosthetic Devices
The aim behind this innovation is to provide the user with an increased range of mobility, especially in athletics. In October 2020, Braskem, Americas leading producer of biopolymers has launched Braskem e-NABLE Chapter for Philanthropic Creation of 3D Printed Prosthetic Devices. Braskem was selected to be certified to produce the e-NABLE Phoenix V3 prosthetic hand as it is one of the most commonly produced e-NABLE prosthetic devices.

 

3D Printed Prosthetics Market Segment
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

 

3D Printed Prosthetics Market Major Players and Strategies
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.

 

The 3D Printed Prosthetics Global Market Report 2023 covers regional data on 3D printed prosthetics market size, 3D printed prosthetics market trends and drivers, opportunities, strategies, and 3D printed prosthetics market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

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

 

View More Reports Related To The 3D Printed Prosthetics Market –

Prosthetics & Orthotics Global Market Report 2022

3D Orthopedics/Prosthetics Global Market Report 2022

Neuroprosthetics Global Market Report 2022

 

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