Press release
3D Printed Implants Global Market Expected to Reach $6.38 Billion with CAGR of 19.0% By 2028 | Medtronic PLC, Canon Inc., Siemens Healthineers, Koninklijke Philips N.V., Stryker Corporation
3D Printed Implants Global Market
The Business Research Company presents an extensive market research report on the 3D Printed Implants Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The 3d printed implants market size has grown rapidly in recent years. It will grow from $2.67 billion in 2023 to $3.18 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The growth in the historic period can be attributed to growth in medical research and development, regulatory approvals, customization and personalization, cost-efficiency and time savings.
The 3d printed implants market size is expected to see rapid growth in the next few years. It will grow to $6.38 billion in 2028 at a compound annual growth rate (CAGR) of 19.0%. The growth in the forecast period can be attributed to biocompatible materials innovation, expanded medical applications, remote surgery and telemedicine, global market expansion, patient-specific implant solutions. Major trends in the forecast period include bio-printing and regenerative medicine, material innovations, orthopedic implants dominance, dental applications, collaborations and partnerships,collaborations and partnerships.
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Key Market Players:
Major companies operating in the 3d printed implants market report are Johnson & Johnson, Medtronic plc, Canon Inc., Siemens Healthineers, Koninklijke Philips N.V., Stryker Corporation, GE Healthcare, Zimmer Biomet Holdings Inc., Bio3D Technologies, Neusoft Medical System, Renishaw plc, Stratasys Ltd., 3D Systems Corporation, Lima Corporation, Materialise, EOS GmbH Electro Optical Systems, SLM Solutions Group AG, Prodways Group, Arcam AB, EnvisionTEC, axial3D Ltd., Cyfuse Medical, Cyfuse Biomedical K.K., Oxford Performance Materials, Formlabs Inc., FabRx Ltd., 3D LifePrints Ltd., Organovo Holdings Inc., Laser GmbH, 3T RPD Ltd., Xilloc Medical B.V.
Market Drivers:
The increasing prevalence of various medical conditions is driving the growth of the 3D printed medical implants market. As the number of people suffering from orthopaedic, cardiac, and dental diseases is increasing, the demand for 3D dental crowns, 3D dental bridges, 3D acetabular hip implants, shoulder implants, and various other implants is rising. According to the World Health Organization (WHO), the US had around 65 million people suffering from periodontitis i.e. Inflammation and infection of the ligaments and bones that support the teeth. This mainly occurred due to the rising prevalence of periodontitis, diabetes-related gangrene, osteoarthritis, and peripheral vascular disease. Similarly, the rise in prevalence of other medical conditions is driving the demand for use of 3D printed medical implants.
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https://www.thebusinessresearchcompany.com/report/3d-printed-implants-global-market-report
The 3d printed implants market covered in this report is segmented -
1) By Implantation Technology: Laser Beam Melting, Electronic Beam Melting, Droplet Deposition, Laminated Deposition, Two-photon Polymerization
2) By Application: Dental, Orthopedic, Cranio-maxillofacial
3) By End Users: Medical And Surgical Centers, Pharmaceutical Companies, Biotechnology Industry, Medical Institution
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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