3D Printing Medical Devices Market

3D Printing Medical Devices Market is anticipated to reach at USD 5,756 Million by 2027 at a CAGR of 14.4% during the forecast period.

3D Printing Medical Devices Market Overview

3D printing refers to the process of creating a three-dimensional object by building successive layers of raw material. 3D printing is highly flexible and helps the manufacturers to create devices matched to a patient’s anatomy with complex internal structure. 3D printing is used in a wide range of healthcare settings such as cardiothoracic surgery, cardiology, gastroenterology, neurosurgery, oral and maxillofacial surgery, ophthalmology and plastic surgery. 3D printing in the medical sector is mainly used for personalized presurgical/treatment and for preoperative planning and to customize surgical tools and prostheses.

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Major 3D Printing Medical Devices Market Drivers

The major factors contributing towards the growth of the Global 3D Printing Medical Devices market includes the increasing public-private funding for 3D printing activities and the continuous technological advancements in 3D printing industry. The increasing adoption of 3D printed medical devices in various medical applications such as 3D printed orthopaedic devices and 3D printed dental devices, will have a positive impact on the demand of the Global 3D Printing Devices market over the coming years. The manufacturers are focusing on continuous product innovation such as introduction of new designs of 3D printed medical devices with personalization as per patient-specific requirement. This growing technological advancement will drive growth of the market during the forecast period. The incline in the number of organ failure cases is encouraging the patients to opt for organ transplant, thereby boosting the demand for 3D printing on medical devices globally. Moreover, the growing direct digital manufacturing process and the expiry of key patents in the 3D printing industry will further complement the growth of the Global 3D Printing Medical Devices over the coming years. On the other hand, the stringent regulatory process for the approval of 3D Printed Medical Devices, the high cost of 3D printing medical products and the lack of trained professional will hamper the growth of the Global 3D Printing Medical Devices.

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Based on Technology, the Global 3D Printing Medical Devices market is segmented into Laser Beam Melting, Photopolymerization, Electron Beam Melting, Droplet Deposition or Extrusion-Based Technologies and Three-Dimensional Printing (3DP) or Adhesion Bonding or Binder Jetting. The Photopolymerization is anticipated to lead the market during the forecast period owing to the increasing application of this technology across the medical industry. Photopolymerization is mainly used for the manufacturing of surgical guides such as orthopaedic, dental and CMF guides, prosthetics & implants, porous scaffolds and dental restorations.

Based on Component, the Global 3D Printing Medical Devices market is segmented into Equipment, Materials and Services & Software. The 3D printed equipment market is expected to grow at a higher CAGR during the forecast period due to the increasing adoption of 3D printing medical devices for various applications such as 3D orthopaedic devices and 3D printed dental devices. Moreover, the growing technological development in the 3D printing such as introduction of bioprinting will further surge the demand for 3D printing equipment, thereby boosting the growth of the Global 3D Printing Medical Devices market over the coming years.

Based on Type, the Global 3D Printing Medical Devices market is segmented into Surgical Guides, Surgical Instruments, Prosthetics and Implants and Tissue Engineering Products. The Surgical guides is expected to grow at a higher CAGR during the forecast period owing to the increasing usage of the digitally driven process in order to get accurate placement of the implant. The growing emphasis on the exact placement of the implant in order to achieve best results and proper alignment of the implant, will drive the growth of the surgical guides over the coming years.

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Regional – Segment Analysis

Based on region, the Asia-Pacific is expected to grow at the fastest rate during the forecast period owing to the establishment of new 3D printing research & training centres in order to have more technical expertise to operate and maintain the 3D printers. In addition to this, the leading market players are focusing on the expansion of their distribution channels across the emerging economies such as India, China and Japan, which will further propel the demand of 3D printing medical devices market in this region. For instance, EnvisionTC signed an agreement with DKSH, with an objective to expand EnvisionTec’s 3D printing solutions market across Malaysia, the Philippines, Singapore, Taiwan and Vietnam. The growing expansion of multinational giants along latest innovation in the 3D medical printing technology will create new opportunities in the Asian 3D Printing Medical Devices market over the coming years.

Top Market Players

Various notable players operating in the market include Stratasys Ltd., EnvisionTEC, 3D Systems, Inc., EOS GmbH Electro Optical Systems, Renishaw plc., Materialise, Arcam AB, 3T Additive Manufacturing Ltd., Concept Laser GmbH, Prodways Group among others.

Key Developments

• • In 2020, Stratasys Ltd., introduced new 3D printer, J826, with full-colour and multi-material 3D printing facility. The main objective is to enable full 3D print along with effective personalization option.

Segments covered in the Report:

The Global 3D Printing Medical Devices market has been segmented based on Technology, Component, Type and key regions. Based on Technology, the market is segmented into Laser Beam Melting, Photopolymerization, Electron Beam Melting, Droplet Deposition Or Extrusion-Based Technologies and Three-Dimensional Printing (3DP) Or Adhesion Bonding Or Binder Jetting. Based on Component, the market has been segmented into Equipment, Materials and Services & Software. Based on Type, the market has been segmented into Surgical Guides, Surgical Instruments, Prosthetics and Implants and Tissue Engineering Products.

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Market Segmentation

Global 3D Printing Medical Devices Market by Technology

• • Laser Beam Melting
    • Direct Metal Laser Sintering
    • Selective Laser Sintering
    • Selective Laser Melting
    • Lasercusing
  • Photopolymerization
    • Digital Light Processing
    • Stereolithography
    • Two-Photon Polymerization (2PP)
    • Polyjet 3D Printing Technology
  • Electron Beam Melting
  • Droplet Deposition Or Extrusion-Based Technologies
    • Fused Deposition Modeling (FDM)
    • Multiphase Jet Solidification
    • Low-Temperature Deposition Manufacturing
  • Three-Dimensional Printing (3DP) Or Adhesion Bonding Or Binder Jetting

Global 3D Printing Medical Devices Market by Component

• • Equipment
    • 3D Printers
    • 3D Bioprinters
  • Materials
    • Plastics
      • Thermoplastics
      • Photopolymers
    • Metal and Metal Alloy Powders
    • Bioprinting Biomaterials
    • Others
  • Services & Software

Global 3D Printing Medical Devices Market by Type

• • Surgical Guides
  • Dental Guides
  • Craniomaxillofacial Guides
  • Orthopaedic Guides
  • Surgical Instruments
    • Surgical Fasteners
    • Scalpels
    • Retractors
  • Prosthetics and Implants
    • Standard Implants
    • Custom Implants
      • Custom Orthopaedic Implants
      • Custom Dental Implants
      • Custom Craniomaxillofacial Implants
    • Tissue Engineering Products
      • Bone and Cartilage Scaffolds
      • Ligament and Tendon Scaffolds

Global 3D Printing Medical Devices Market by Region

• • North America 3D Printing Medical Devices Market (Option 1: As a part of the free 25% customization)

    • North America 3D Printing Medical Devices Market by Type
    • North America 3D Printing Medical Devices Market by Technology
    • North America 3D Printing Medical Devices Market by Component
    • US 3D Printing Medical Devices Market All-Up
    • Canada 3D Printing Medical Devices Market All-Up

  • Europe 3D Printing Medical Devices Market (Option 2: As a part of the free 25% customization)

    • Europe 3D Printing Medical Devices Market by Type
    • Europe 3D Printing Medical Devices Market by Technology
    • Europe 3D Printing Medical Devices Market by Component
    • UK 3D Printing Medical Devices Market All-Up
    • Germany 3D Printing Medical Devices Market All-Up
    • France 3D Printing Medical Devices Market All-Up
    • Spain 3D Printing Medical Devices Market All-Up
    • Rest of Europe 3D Printing Medical Devices Market All-Up

  • Asia-Pacific 3D Printing Medical Devices Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific 3D Printing Medical Devices Market by Type
    • Asia-Pacific 3D Printing Medical Devices Market by Technology
    • Asia-Pacific 3D Printing Medical Devices Market by Component
    • China 3D Printing Medical Devices Market All-Up
    • India 3D Printing Medical Devices Market All-Up
    • Japan 3D Printing Medical Devices Market All-Up
    • Rest of APAC 3D Printing Medical Devices Market All-Up

  • RoW 3D Printing Medical Devices Market (Option 4: As a part of the free 25% customization)

    • RoW 3D Printing Medical Devices Market by Type
    • RoW 3D Printing Medical Devices Market by Technology
    • RoW 3D Printing Medical Devices Market by Component
    • Brazil 3D Printing Medical Devices Market All-Up
    • South Africa 3D Printing Medical Devices Market All-Up
    • Saudi Arabia 3D Printing Medical Devices Market All-Up
    • UAE 3D Printing Medical Devices Market All-Up
    • Rest of world (remaining countries of the LAMEA region) 3D Printing Medical Devices Market All-Up

Major Players Operating the 3D Printing Medical Devices (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Stratasys Ltd.
  • EnvisionTEC
  • 3D Systems, Inc.
  • EOS GmbH Electro Optical Systems
  • Renishaw plc.
  • Materialise
  • Arcam AB
  • 3T Additive Manufacturing Ltd.
  • Concept Laser GmbH
  • Prodways Group