3D Printing Medical Devices Market Introduction and Overview
According to SPER Market Research, the Global 3D Printing Medical Devices Market is estimated to reach USD 13.19 billion by 2033 with a CAGR of 14.71%.
The report includes an in-depth analysis of the Global 3D Printing Medical Devices Market, including market size and trends, product mix, applications, and supplier analysis. Traditional manufacturing procedures frequently include numerous manufacturing steps, assembling processes, and the utilization of various components. In contrast, 3D printing can make the production process easier by producing complex medical devices as a single, consolidated element. This reduction in complexity can help to streamline supply chains, shorten manufacturing times, and lower the risk of assembly-related errors or failures. The introduction of new materials specifically tailored for 3D printing has broadened the scope of 3D-printed medical equipment. Biocompatible materials having appropriate mechanical qualities, such as bioresorbable polymers and specific metal alloys, are now available for medical usage.
- Nov 2021: EOS has bought a share in Metalpine, an Austrian metal powder company. The goal of this acquisition is to collaborate closely on the creation of novel and sustainable metal powders.
- Oct 2021: The announcement was made by 3D Systems, Inc. to expand its tissue engineering and biology expertise by acquiring Volumetric Biotechnologies.
Market Opportunities and Challenges
Opportunities- The use of desktop printers and CAD/CAM technology is growing- The use of 3D printing in healthcare has changed to meet the needs and accommodate larger facilities. Industrial-grade high-throughput 3D printers are a suitable option for major healthcare facilities that need to regularly generate huge quantities of equipment since they have good capacity and quality. In contrast, desktop printers have a lower throughput, are more compact and adaptable, and provide excellent print quality. Dental clinics and hospitals are increasingly using 3D printers due to their affordability, increased versatility, and adaptation for various treatments. This has increased the 3D printer market's overall growth in the dental and medical industries.
Challenges- Social and ethical issues surrounding the usage of 3D-printed goods- Products for a variety of medical purposes being developed using 3D printing. It is widely employed in the development of tissues and organs in an effort to meet the world's expanding need for organ transplantation. Human organs are developed using 3D printing using biomaterials and living cells. Biosafety issues arise, though, when 3D-printed goods—which are made with living cells—are used within the human body. A further ethical concern with this element is that the use of living cells, including stem cells, in medicine is prohibited by a number of world religions.
Market Competitive Landscape
In order to assure technical advancement and boost manufacturing capacity, the top producers of 3D printed medical products have invested in cooperative developments within the industry. Some of the Key Players are Autodesk Inc, Biomerics LLC, Desktop Metal Inc, EOS GmbH, General Electric Co., INTAMSYS TECHNOLOGY CO. LTD., Medtronic Plc, Qualtech Consulting Corp. and Stratasys Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Application, By Component, By End User, By Technology
|
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Autodesk Inc, Biomerics LLC, Desktop Metal Inc, EOS GmbH, General Electric Co., INTAMSYS TECHNOLOGY CO. LTD.,Medtronic Plc, Qualtech Consulting Corp. and Stratasys Ltd. . |
COVID-19 Impact on Global 3D Printing Medical Devices Market
A rise in the need for reconditioned medical equipment, like mechanical ventilators, is anticipated as a result of the COVID-19 pandemic. However, the healthcare industry is also dealing with a serious disturbance in the supply chain that has an adverse effect on reconditioned medical equipment. 3D Printing Medical Devices is a gadget that has been reconditioned to a level comparable to that of new equipment.
Key Target Audience:
- Healthcare Institutions
- Medical Device Manufacturers
- Patients and Patient Advocacy Groups
Our in-depth analysis of the 3D Printing Medical Devices Market includes the following segments:
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By Component: |
3D Bioprinter
3D Printer
Material Software
Service
|
|
By Application: |
Implant
Prosthetics
Surgical Guides
|
|
By End User: |
Hospitals
Research Centres
|
|
By Technology: |
DLMS
EBM
Polyjet
SLS
SLA
|
Key Topics Covered in the Report:- Global 3D Printing Medical Devices Market Size (FY’2024-FY’2033)
- Overview of Global 3D Printing Medical Devices Market
- Segmentation of Global 3D Printing Medical Devices Market By Component (3D Bioprinter, 3D Printer, Material Software, Service.)
- Segmentation of Global 3D Printing Medical Devices Market By Application (Implant, Prosthetics and Surgical Guides.)
- Segmentation of Global 3D Printing Medical Devices Market By End User (Hospitals and Research Centres)
- Segmentation of Global 3D Printing Medical Devices Market By Technology (DLP, DLMS, EBM, Polyjet, SLS, SLA.)
- Statistical Snap of Global 3D Printing Medical Devices Market
- Expansion Analysis of Global 3D Printing Medical Devices Market
- Problems and Obstacles in Global 3D Printing Medical Devices Market
- Competitive Landscape in the Global 3D Printing Medical Devices Market
- Impact of COVID-19 and Demonetization on Global 3D Printing Medical Devices Market
- Details on Current Investment in Global 3D Printing Medical Devices Market
- Competitive Analysis of Global 3D Printing Medical Devices Market
- Prominent Players in the Global 3D Printing Medical Devices Market
- SWOT Analysis of Global 3D Printing Medical Devices Market
- Global 3D Printing Medical Devices Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global 3D Printing Medical Devices Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global 3D Printing Medical Devices Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global 3D Printing Medical Devices Market
7. Global 3D Printing Medical Devices Market, By Component (USD Million)
7.1. Global 3D Printing Medical Devices Market Value Share and Forecast, By Component, 2024-2033
7.2. 3D Bioprinter
7.3. 3D Printer
7.4. Material Software
7.5. Service
8. Global 3D Printing Medical Devices Market, By Application (USD Million)
8.1. Global 3D Printing Medical Devices Market Value Share and Forecast, By Application, 2024-2033
8.2. Implant
8.3. Prosthetics
8.4. Surgical Guides
9. Global 3D Printing Medical Devices Market, By End User (USD Million)
9.1. Global 3D Printing Medical Devices Market Value Share and Forecast, By End User, 2024-2033
9.2. Hospitals
9.3. Research Centres
10. Global 3D Printing Medical Devices Market, By Technology (USD Million)
10.1. Global 3D Printing Medical Devices Market Value Share and Forecast, By Technology, 2024-2033
10.2. DLP
10.3. DLMS
10.4. EBM
10.5. Polyjet
10.6. SLS
10.7. SLA
11. Global 3D Printing Medical Devices Market Forecast, 2020-2033 (USD Million)
11.1. Global 3D Printing Medical Devices Market Size and Market Share
12. Global 3D Printing Medical Devices Market, By Component 2020-2033 (USD Million)
12.1. Global 3D Printing Medical Devices Market Size and Market Share By Component (2020-2026)
12.2. Global 3D Printing Medical Devices Market Size and Market Share By Component (2027-2033)
13. Global 3D Printing Medical Devices Market, By Application 2020-2033 (USD Million)
13.1. Global 3D Printing Medical Devices Market Size and Market Share By Application (2020-2026)
13.2. Global 3D Printing Medical Devices Market Size and Market Share By Application (2027-2033)
14. Global 3D Printing Medical Devices Market, By End User, 2020-2033 (USD Million)
14.1. Global 3D Printing Medical Devices Market Size and Market Share By End User (2020-2026)
14.2. Global 3D Printing Medical Devices Market Size and Market Share By End User (2027-2033)
15. Global 3D Printing Medical Devices Market, By Technology, 2020-2033 (USD Million)
15.1. Global 3D Printing Medical Devices Market Size and Market Share By Technology (2020-2026)
15.2. Global 3D Printing Medical Devices Market Size and Market Share By Technology (2027-2033)
16. Global 3D Printing Medical Devices Market, By Region, 2020-2033 (USD Million)
16.1. Global 3D Printing Medical Devices Market Size and Market Share By Region (2020-2026)
16.2. Global 3D Printing Medical Devices Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific
16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile
17.1. Autodesk Inc
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Biomerics LLC
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Desktop Metal Inc
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. EOS GmbH
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Formlabs Inc.
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. General Electric Co.
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. INTAMSYS TECHNOLOGY CO. LTD.
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Medtronic Plc
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Qualtech Consulting Corp.
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Stratasys Ltd.
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
