- Surgical Guides
- Surgical Instruments
3D Printing Medical Devices Market size is expected to reach a value of USD 2,945.5 million by 2029 at a CAGR of 19.5% during the forecast period 2023-2029. 3D Printing Medical Devices Market: 3D printing is otherwise called additive manufacturing that utilizes layer-by-layer addition techniques for producing physical objects from 3D digital files. 3D printing technology is rising due to the increase in demands for personalized medical care by providing customized medical devices based on the needs of the individuals. 3D printing technology is flourishing in many application areas in healthcare like medicine, implants, drug manufacturing dental, and others. Materials used for this process will vary according to the need. For instance, metals and ceramics are mostly used in dental implants to print dental crowns, own array of bio-materials is used by the medical industry. 3D printing is used to make 3D printed models of organs plan and practice complex surgeries. 3D printing technology revolutionized the manufacturing process around the industry perpendicularly. In the medical field, 3D printing has led to the development of innovative and efficient products. Ever increase in cost pressures on medical device manufacturers and their intense need to introduce innovative products has forced them to adopt 3D printing to reduce the manufacturing life cycle and eliminate the traditional prototyping process. Increasing medical & pharma business, mainly because of an increase in awareness regarding consumer health along with the increase in health issues are boosting the 3D printing equipment market.
Fastest Growing Market
A number of factors such as continuous technological advancements in 3D printing, increase in public and private investments to develop new 3D printing technologies, rise in acceptance of 3D-printed implants and organs are propelling the demand of 3D printing medical devices market. In addition, growing demand of organ transplantation, consolidation of industry by mergers and acquisitions to enhance market share in the global3D printing medical devices market. However, high cost associated with advanced 3D printers, lack of both structured regulatory frameworks and reimbursement policies, copyright and patent issues associated with the 3D printing of patented products is expected to hamper the market growth.
The 3D printing medical devices market key players are: FabRx Ltd. (UK), Organovo Holdings (U.S.), EOS GmbH Electro Optical Systems (Germany), EnvisionTEC, 3D Systems Inc. (Germany), Cyfuse Biomedical K.K. (Japan), Bio3D Technologies (Singapore), Arcam AB (Sweden), and Stratasys Ltd. (U.S.)
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.