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3D Printed Implants Market Report, Opportunities, Analysis And Forecast 2033

04-04-2024 08:42 AM CET | Health & Medicine

Press release from: The Business research company

3D Printed Implants Market

3D Printed Implants Market

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.

Market Overview -
3D printed implants are artificial devices used to replace a missing or damaged biological structure in the body and are manufactured by laying successive layers of material using inputs from a digital 3D model.

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Increasing Prevalence Of Medical Conditions In 3D Printed Implants Market
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.

Competitive Landscape -
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.

Advancements In 3D Printed Implants With Impulse Am
Major companies operating in the 3D printed implant market are innovating new products, such as the Impulse AM, to provide reliable services to customers. Impulse AM is designed for 3D medical implants for better visualization during surgical procedures. For instance, in February 2022, DeGen Medical, Inc., a US-based medical device development company, launched Impulse AM. Impulse AM is a spinal implant made from proprietary titanium Puri-Ti using 3D printing technology. This is the first 3D-printed spinal implant to employ Puri-Ti, a different type of titanium material. Impulse AM allows for the creation of complex geometries and structures that are difficult or impossible to produce with traditional manufacturing methods.

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Key Segments -
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

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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