Press release
Global 3D Printed Medical Devices Market Growth Prospects, Future Industry Landscape 2032 | 3D Systems Corporation, EnvisionTEC, Stratasys Ltd., Arcam AB, Cyfuse Biomedical, Materialise NV
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's 3D Printed Medical Devices Global Market Report 2023 identifies the increasing prevalence of osteoarthritis and similar musculoskeletal conditions is one of the major factors driving the growth of the 3D printed medical devices market. Osteoarthritis is a disorder that damages the joint cartilage and surrounding tissues causing pain, stiffness, and loss of joint function to the person affected by it. The 3D printing medical devices enable the creation of a replica of a patient's joint, which can provide surgeons with a crucial piece of information that might not be visible on a 2-dimensional scan. The chance of developing osteoarthritis increases with age.
The global 3d printed medical devices market grew from $2.87 billion in 2022 to $3.57 billion in 2023 at a compound annual growth rate (CAGR) of 24.5%. 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 3d printed medical devices market is expected to grow to $9.09 billion in 2027 at a CAGR of 26.3%.
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Major players in the 3D printed medical devices market are 3D Systems Corporation, EnvisionTEC, Stratasys Ltd., Arcam AB, Cyfuse Biomedical, Materialise NV, Organovo Holdings, EOS GmbH, FabRx Ltd., and Concept Laser.
A key trend in the 3D Printed Medical Devices market includes the increasing use of 3D printing technology in the spine industry is one of the latest trends in the 3D printing medical devices market.
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The 3D Printed Medical Devices market is segmented -
1) By Type: Implants, Surgical instruments, Prosthetics, Tissue engineering devices, Other Types
2) By Application: Orthopedic, Spinal, Dental, Hearing Aids, Other Applications
3) By Technology: Fused Deposition Modelling, Digital Light Processing, Stereolithography, Selective Laser melting
4) By Raw Material: Plastics, Biomaterial inks, Metals and Alloys
5) By End User: Hospitals, Diagnostics Centres, Academic Institutions, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the 3D Printed Medical Devices market.
The Business Research Company's "Global 3D Printed Medical Devices Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The 3D Printed Medical Devices Market Include:
1. Executive Summary
2. 3D Printed Medical Devices Market Characteristics
3. 3D Printed Medical Devices Market Trends And Strategies
4. 3D Printed Medical Devices Market - Macro Economic Scenario
5. 3D Printed Medical Devices Market Size And Growth
……
27. 3D Printed Medical Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 3D Printed Medical Devices Market
29. 3D Printed Medical Devices Market Future Outlook and Potential Analysis
30. Appendix
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