Press release
3D Printed Prosthetics Market Size, Share, Growth Analysis, Business Insights And Forecast To 2033
3D Printed Prosthetics Market Size
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=2512&type=smp
According to The Business Research Company's, 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.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/3d-printed-prosthetics-global-market-report
Market Drivers and Trends:
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.
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.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
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.
3D Printed Prosthetics Market 2024 Key Insights:
• 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%.
• Rising Number Of Accidental Injuries In 3D Printed Prosthetics Market
• Advancements In 3D Printing Prosthetics Market With Galileo System
• North America was the largest region in the 3D printing medical prosthetics market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=2512&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 3D Printed Prosthetics Market Size, Share, Growth Analysis, Business Insights And Forecast To 2033 here
News-ID: 3768682 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Prosthetics
Facial Prosthetics Market Generated Opportunities, Future Scope 2025-2032 | The …
The facial prosthetics market is estimated to reach $1.22 billion by 2025 and is projected to grow significantly, reaching $1.89 billion by 2032.
The Facial Prosthetics Market Report is the result of extensive research and analysis conducted by our team of experienced market researchers through -
• 70% efforts of Primary Research
• 15% efforts of Secondary Research
• 15% efforts from the subscription to Paid…
Facial Prosthetics Market Detailed In New Research Report 2024 | The Medical Art …
Facial Prosthetics Market Analysis - 2025-2032:
Coherent Market Insights has released a new report titled "Facial Prosthetics Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2032 (Version 2025)." This report provides an in-depth analysis of the Facial Prosthetics industry, featuring insights on market trends and performance. It also includes a thorough examination of competitors, regional dynamics, and the latest advancements within the market.
Coverage of the Facial Prosthetics Market:
The report provides…
Global Orthopedic Prosthetics Market Report by Product Type (Upper Extremity Pro …
Global Orthopedic Prosthetics Market Analysis
The global orthopedic prosthetics market is projected to exceed USD 3.58 billion by 2032, up from USD 2.14 billion in 2023. This growth, representing a Compound Annual Growth Rate (CAGR) of 5.86% during the period from 2024 to 2032, is driven by technological advancements in prosthetics, the prevalence of orthopedic disorders, and an increasing demand for enhanced mobility. This analysis highlights the market's expansion and development.
Orthopedic…
Maxillofacial Prosthetics Market Regulatory Landscape & Investment Analysis 2023 …
"Maxillofacial Prosthetics Market" report's each segment and sub-segment is analyzed in detail so that no stone is left unturned in ensuring that the customer receives the top-quality information about the Maxillofacial Prosthetics Market by Infinity Business Insights. This report will help the viewer in Better Decision Making.
The Maxillofacial Prosthetics Market was worth $1 billion in 2022, and it is expected to be worth $2.56 billion in 2030. Between 2023 and…
Best Maxillofacial Prosthetics Market Growth Set to Surge Significantly during 2 …
A report by Stratagem Market Research (SMI) provides a 360-degree analysis of the global Maxillofacial Prosthetics market. Hence, readers get access to a thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2023 to 2030.
The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the Maxillofacial…
Cosmetic Prosthetics Market 2018: Explores New Growth Opportunities By Danaher, …
Cosmetic prosthesis market is expected to grow significantly in the coming years. The key factors that are likely to propel the growth of the cosmetic prosthesis market include, rise in the number of plastic surgery, aesthetic surgeries. Increase in the number of the limb replacements due to the defects and road accidents and more. The market is likely to open the opportunities for the market players to develop innovative implant…
