3D Printed Prosthetics Global Market 2024 - Growth Analysis, Business Opportunities, Future Trends, Developments And Forecast To 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

3D Printed Prosthetics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.56 billion In 2028 At A CAGR Of 8.4% :

The 3d printed prosthetics market size has grown strongly in recent years. It will grow from $1.04 billion in 2023 to $1.13 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to growth in customization for individual users, cost-efficiency and affordability, collaborations and partnerships, patient-specific solutions, regulatory approvals and quality standards, .

The 3d printed prosthetics market size is expected to see strong growth in the next few years. It will grow to $1.56 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to remote monitoring and adjustments, expansion of pediatric applications, biocompatible material advancements, global accessibility initiatives, rising awareness and acceptance. Major trends in the forecast period include incorporation of sensory technologies, technological convergence, regulatory adaptation to technological advances, advancements in 3d printing technology, integration of bionic technology.

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3D Printed Prosthetics Market Major Segments
The 3d printed prosthetics market covered in this report is segmented -

1) By Type: Sockets, Limbs, Joints, Covers, Other Types
2) By Material: Polypropylene, Polyethylene, Acrylics, Polyurethane
3) By End-User: Hospitals, Rehabilitation Centers, Prosthetic Clinics

Key Driver - Rising Number Of Accidental Injuries In 3D Printed Prosthetics Market

The rising number of accidental injuries is driving the growth of the 3D printing prosthetic devices market. Accidental injuries can cause serious damage to a person, and these injuries can sometimes lead to amputation. In 2021, car crashes in the US resulted in the death of 42915 people which was the highest in 16 years. According to a report from National Centre for Health Statistics, approximately 50,000 new amputation cases come up each year in the US. An increase in incidences of other medical conditions such as diabetes and vascular diseases is also leading to a rise in amputation cases, thus boosting the sales of 3D printing prosthetics. For instance, according to a report published in the American Journal of Managed Care, it was estimated that, globally, one patient leg is amputated every 30 seconds and around 85% of these amputations were a result of a diabetic foot ulcer.

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Prominent Trend - Advancements In 3D Printing Prosthetics Market With Galileo System

Companies in the 3D printing prosthetics market are focusing on the development of waterproof prosthetic devices. The aim behind this innovation is to provide the user with an increased range of mobility, especially in athletics. In April 2022, Protosthetics a US-based company that manufactures prosthetics devices launched Galileo for 3D printing prosthetics. Galileo is a 3D printing solution that combines the best technology, materials, and support to provide a seamless answer to orthotics and prosthetics (O&P) practices. Galileo system connects clinicians to experts in 3D printing to make successful sockets happen in real-time.

3D Printed Prosthetics Market Players
Major companies operating in the 3d printed prosthetics market report are HP Inc., Laser GmbH, Otto Bock HealthCare GmbH, EOS GmbH, Renishaw Plc, Stratasys Ltd., 3D Systems corporation, Materialise NV, Groupe Gorge SA, Carbon Inc., SLM Solutions Group AG, Prodways Group, Formlabs Inc., Arcam AB, EnvisionTEC, Freedom Innovations LLC, LimbForge Inc., Concept Laser GmbH, Open Bionics Ltd., UNYQ Inc., Mecuris GmbH, YouBionic S.r.l., Protosthetics LLC, Bionico Hand Solutions, Create Prosthetics Inc., Bio3D Technologies Pte Ltd., 3T RPD Ltd., Photopolymerization, laser beam melting, The biomedical model of medicine, Ultimaker BV, XYZprinting Inc., Beijing Long Yuan Automated Fabrication System Co.Ltd., Organovo Holdings Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the 3D printing medical prosthetics market in 2023. Asia-Pacific was the second-largest region in the global 3D printed prosthetics market. The regions covered in the 3d printed prosthetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. 3D Printed Prosthetics Market Report Structure
3. 3D Printed Prosthetics Market Trends And Strategies
4. 3D Printed Prosthetics Market - Macro Economic Scenario
5. 3D Printed Prosthetics Market Size And Growth
…..
27. 3D Printed Prosthetics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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