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Key Factor Supporting 3D Printed Prosthetics Market Development in 2025: Rising Number Of Accidental Injuries In 3D Printed Prosthetics Market
3D Printed Prosthetics
How Large Will the 3D Printed Prosthetics Market Size By 2025?
There has been a significant growth in the market size of 3D printed prosthetics in the past few years. The market is set to surge from $0 billion in 2024 to $0 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%. The increment during the historic period is due to factors such as customization for individual consumers, cost-effectiveness and affordability, collaborations and partnerships, solutions tailored for individual patients, regulatory compliances and quality standards.
How Big Is the 3D Printed Prosthetics Market Size Expected to Grow by 2029?
The market size for 3D printed prosthetics is predicted to witness a swift expansion in the upcoming years, reaching the value of $0 billion by 2029 with a CAGR of 15.9%. The anticipated growth during this forecast period can be accredited to factors like the implementation of remote monitoring and adjustments, extended applications in pediatrics, advancements in biocompatible materials, worldwide accessibility initiatives, and an increase in awareness and acceptance. Key trends for the forecasted period encompass the inclusion of sensory technologies, technological convergence, regulatory adjustments in response to tech advancements, progression in 3D printing tech, and the unification of bionic technology.
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Which Key Market Drivers Powering 3D Printed Prosthetics Market Expansion and Growth?
The escalating count of incidents leading to injuries is propelling the expansion of the 3D prosthetic devices market printed using 3D technology. Sometimes, accidental harms can not only cause severe damage but may also necessitate amputation. As an example, data from the official site of The Welsh Government in June 2024 revealed that police forces reported 4,447 road casualties in 2022, demonstrating a 2% increase compared to 2021. Out of this, 1,016 incidents (equivalent to 23%) resulted in deaths or serious injuries, maintaining the same figure from the preceding year. Moreover, minor injuries were noted in 3,431 cases (77%), marking a 3% rise from 2021. This growing frequency of accidents causing injuries is, hence, fueling the expansion of the market dedicated to 3D printed prosthetic devices.
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What Are the Key Trends Driving 3D Printed Prosthetics Market Growth?
In the 3D printing prosthetics market, businesses are concentrating on creating waterproof prosthetic products. The goal of this advancement is to improve the user's mobility options, particularly in sports. For example, in April 2022, Protosthetics, a company that produces prosthetic devices in the US, introduced a product named Galileo for 3D printing prosthetics. Galileo is an integrated 3D printing solution that merges superior technology, materials, and support to supply a smooth response to orthotics and prosthetics (O&P) practices. The Galileo system seamlessly links clinicians with 3D printing experts to allow the real-time creation of successful sockets.
What Are the Emerging Segments in the 3D Printed Prosthetics Market?
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
Subsegments:
1) By Sockets: Adjustable Sockets, Standard Sockets
2) By Limbs: Upper Limb Prosthetics, Lower Limb Prosthetics
3) By Joints: Knee Joints, Ankle Joints, Elbow Joints
4) By Covers: Cosmetic Covers, Functional Covers
5) By Other Types: Pediatric Prosthetics, Custom-Made Prosthetics
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Who Are the Global Leaders in the 3D Printed Prosthetics Market?
Major companies operating in the 3D printed prosthetics market include HP Inc., Laser GmbH, Otto Bock Healare 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., Ultimaker BV, XYZprinting Inc.
Which are the Top Profitable Regional Markets for the 3D Printed Prosthetics Industry?
North America was the largest region in the 3D printing medical prosthetics market in 2024. 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.
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