3D Printing in Medical Applications Market Size to Reach US$ 2.76 Billion and Growing at 15.5% CAGR By 2028

According to the report, The global market for 𝟑𝐃 𝐩𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐢𝐧 𝐦𝐞𝐝𝐢𝐜𝐚𝐥 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 was valued at US$ 893.9 Mn in 2020 and is expected to cross the value of US$ 2.76 Bn by the end of 2028. It is estimated to expand at a CAGR of 15.5% from 2021 to 2028. 3D printing has many functions in various industries. It has four key applications in the medical field. The four core uses of 3D printing in the medical field associated with recent innovations are creating tissues & organoids, surgical tools, patient-specific surgical models, and custom-made prosthetics. Medical devices used to replace a missing joint or bone is one of the applications where 3D printing shines. Medical experts can use the technology to produce implants that are better fitting, endure longer, and function better.

Biocompatible materials that can endure sterilization have been created by 3D printing companies, including high-performance thermoplastics such as Ultem, PEEK, and nylon, and metals such as stainless steel, nickel, and titanium alloys. 3D printing has changed various industries by allowing for non-conventional, faster, and more cost-effective manufacturing of a wide range of products. The medical industry is rapidly discovering the potential uses of this technology, and numerous innovative medical applications of 3D printing are likely to be discovered in the next years.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐝 𝐟𝐨𝐫 𝐐𝐮𝐢𝐜𝐤 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1522

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝟑𝐃 𝐏𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐭𝐨 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

Rise in trend of customized 3D printed medical products and increase in number of medical applications are projected to drive the global 3D printing in medical applications in the next few years. 3D printing is used to create new surgical cutting and drill guides, prosthetics, and patient-specific replicas of bones, organs, and blood vessels. Recent 3D printing advancements in healthcare have resulted in lighter, stronger, and safer products, as well as shorter lead times and lower costs.

𝐈𝐦𝐩𝐥𝐚𝐧𝐭𝐬 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of application, the global 3D printing in medical application market has been classified into surgical guide, implants, surgical instruments, and bioengineering. The segment is anticipated to grow at a rapid pace during the forecast period. The segment is expected to dominate the global 3D printing in medical application market over the next few years.

𝐏𝐡𝐨𝐭𝐨𝐩𝐨𝐥𝐲𝐦𝐞𝐫𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐭𝐨 𝐛𝐞 𝐇𝐢𝐠𝐡𝐥𝐲 𝐋𝐮𝐜𝐫𝐚𝐭𝐢𝐯𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭

Based on technologies, the global 3D printing in medical application market has been categorized into electron beam melting (EBM), laser beam melting (LBM), photopolymerization, stereolithography and droplet deposition manufacturing. Photopolymerization 3D printing technology combines the benefits of high resolution and favorable printing speed, offering a sophisticated approach to fabricate bespoke medical devices and drug delivery systems.

𝐏𝐨𝐥𝐲𝐦𝐞𝐫𝐬 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of material, the global 3D printing in medical application market has been divided into metals, polymers, ceramics, and biological cells. The polymers segment is likely to account for major share of the market during the forecast period. Most biomaterials used in biomedical 3-dimensional (3D) printing technology, such as metals, ceramics, hard polymers and composites, are rigid. These materials are widely used in orthopedic and dental applications, as these can produce customized solutions due to inherent structural and morphological characteristics. Soft polymers, including hydrogels, are widely used in combination with various cells, biological molecules, and drugs for tissue and organ production.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 | 𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐚𝐭 - https://www.transparencymarketresearch.com/checkout.php?rep_id=1522<ype=S

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐭𝐨 𝐋𝐞𝐚𝐝 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of region, the global 3D printing in medical application market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global 3D printing in medical application market in 2020. The region's dominance of the global market can be attributed to the presence of key players in 3D printing technology in the U.S. The country accounts for a significant share of the global 3D printing in medical applications market and is expected to be the hub for future developments in the field. Hence, North America is projected to dominate the global market during the forecast period. However, Europe is anticipated to outpace North America owing to the rise in number of 3D printing companies in the region. Despite being a slow-growth region for several industries owing to recent economic upheavals across several countries in the past few years, technologically advanced companies in Europe have been focusing on innovations such as 3D printing. The 3D printing in medical application market in Europe is likely to be led by Germany, which is expected to outpace Japan in terms of growth rate in the next few years.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The global 3D printing in medical application market is fragmented in terms of number of players. Key players in the global market include Nanoscribe GmbH, 3D Systems Corporation, EnvisionTEC GmbH, Voxeljet Technology GmbH, Stratasys Ltd., and Materialise NV.

𝐆𝐥𝐨𝐛𝐚𝐥 𝟑𝐃 𝐏𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐢𝐧 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝟑𝐃 𝐏𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐢𝐧 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

𝐒𝐮𝐫𝐠𝐢𝐜𝐚𝐥 𝐆𝐮𝐢𝐝𝐞𝐬
Orthopedic
Dental
Cranio-maxillofacial

𝐈𝐦𝐩𝐥𝐚𝐧𝐭𝐬
Orthopedic
Dental
Cranio-maxillofacial

𝐒𝐮𝐫𝐠𝐢𝐜𝐚𝐥 𝐈𝐧𝐬𝐭𝐫𝐮𝐦𝐞𝐧𝐭𝐬

𝐁𝐢𝐨𝐞𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐢𝐧𝐠

𝟑𝐃 𝐏𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐢𝐧 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲

Electron Beam Melting (EBM)
Laser Beam Melting (LBM)
Photopolymerization
Stereolithography
Two Photon Polymerization
Digital Light Processing
Droplet Deposition Manufacturing
Inkjet Printing
Fused Deposition Modeling
Multiphase Jet Solidification

𝟑𝐃 𝐏𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐢𝐧 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, 𝐛𝐲 𝐑𝐚𝐰 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥

Metals
Polymers
Ceramics
Biological Cells

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1522

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

𝐍𝐞𝐮𝐫𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐃𝐢𝐬𝐨𝐫𝐝𝐞𝐫 𝐃𝐫𝐮𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭-https://www.globenewswire.com/news-release/2022/04/25/2428360/0/en/Neurological-Disorder-Drugs-Market-to-Expand-with-Rise-in-Focus-of-Players-on-Development-of-3D-CNS-Organoids-States-TMR-Study.html

𝐏𝐚𝐭𝐢𝐞𝐧𝐭 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭-https://www.prnewswire.com/news-releases/patient-engagement-solutions-market-to-advance-at-cagr-of-15-7-during-20212028-growing-adoption-of-mobile-health-to-catalyze-growth-prospects-says-tmr-301518227.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Nikhil Sawlani
Transparency Market Research Inc.
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