The 3D printing medical devices market is projected to reach US$ 6,583.50 million by 2028 from US$ 2,123.11 million in 2021; it is estimated to grow at a CAGR of 17.5% from 2021 to 2028.

3D printing is used to create patient-specific replicas of bones, organs, and blood vessels, as well as innovative surgical cutting and drill guides, and prosthetics. 3D printing developments in healthcare have resulted in light, strong, and safe products, as well as reduced lead times and costs. Custom parts can be made to fit the needs of an individual.

The 3D printing medical devices market is segmented on the basis of component, technology, application, end user, and geography. The market, by geography, is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the market, emphasizing parameters such as market trends, technological advancements, and market dynamics, along with the analysis of the competitive landscape of the globally leading market players.       

Market Insights

High Occurrence of Dental and Orthopedic Diseases Drive 3D Printing Medical Devices Market Growth during Forecast Period

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3D Printing Medical Devices Market: Strategic Insights

3D Printing Medical Devices Market

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  CAGR (2021 - 2028)

  17.5%
• Market Size 2021
  US$ 2.12 Billion
• Market Size 2028
  US$ 6.58 Billion

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Key Players

• EOS GmbH Electro Optical Systems
• Renishaw PLC
• Stratasys Ltd.
• 3D Systems, Inc.
• EnvisionTech, Inc.
• Concept Laser Gmbh (General Electric)
• 3T RPD Ltd.
• Proadways Group
• SLM Solution Group AG

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Component

• Software and Services
• Equipment

Technology

• Laser Beam Melting

Application

• Custom Prosthetics and Implants

End-User

• Hospitals and Surgical Centers
• Dental and Orthopedic Centers
• Medical Device Companies
• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutes
• Others

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The use of 3D printing technology has gained prominence in the field of implantable medical devices in recent decades due to its high accuracy and precision, and optimum material utilization abilities. The specialty that can benefit the most from the advantages of these tools is dental, orthopedic surgery and traumatology. 3D printing technology can create implantable medical devices of any shape, simple or complex, without being affected by processing issues. It can solve the problems associated with the design and manufacturing of complex implantable medical devices. The 3D printing technique can also be used to produce personalized and customized implantable medical devices.

Tooth decay is the second most common dental issue in the world. The prevalence of orthodontic problem is common in both males and females, with minor differences based on gender. The possibility of individualized products, savings on small-scale productions, simplified sharing and processing of patient image data, and upgrades in education are the forces driving advancements in 3D printing for medicine and dentistry applications.  

Increasing Applications of 3D Printing in Healthcare Sector Contributes Significantly to 3D Printing Medical Devices Market Growth

3D printers are used to manufacture a variety of medical devices, including those with complex geometry or features that match a patient’s unique anatomy. A few devices are printed from a standard design, and then multiple identical copies of the same device are made. Other devices, called patient-matched or patient-specific devices, are created from the patient-specific imaging data. The choice of technology used for 3D printing depends on many factors, including the intended use of printed products and the simplicity of the printer, among others. Powder bed fusion is the most common technology used for the 3D printing of medical devices. This technique is compatible with various materials used in medical devices, such as titanium and nylon. With 3D printing, creating patient-specific, tactile reference models from CT and MRI scans is both affordable and simple. These models provide an additional perspective that helps physicians better prepare for surgeries, resulting in drastically reduced time and cost of an actual procedure performed within an operating room. This may benefit patients through greater satisfaction, lowered anxiety, and shortened recovery time. In addition to this, the launch of new biocompatible medical 3D printing materials helps in the development of new surgical tools and techniques with the ultimate goal of improving the clinical experience during surgery. The tools that can be printed using 3D printing techniques include sterilizable fixation trays, contouring templates, and implant sizing models, which can be used to size implants in the operating room before the first cut, allowing surgeons to save time and improve accuracy during complex procedures.

Product Insights           

Based on component, the global 3D printing medical devices market is segmented into software and service, equipment, and material. The market for the equipment segment is further bifurcated into 3D printers and 3D bioprinters. The market for the material segment is subsegmented into plastics material, metal and metal alloys, bioprinting biomaterial, wax material, and others. In 2021, the material segment held the largest share of the market. However, the software and service segment is expected to register the highest CAGR in the market during 2021–2028. 3D printing medical devices, particularly surgical instruments/cutting guides, account for 2% of the biological materials. The 3D printing materials are biocompatible, easily printable with tunable degradation rates, and morphologically mimic living tissues as per the NCBI report. Furthermore, recent advancements in novel biodegradable materials have potential applicability in 3D printing in medicine and pharmaceuticals

End-User Insights

Based on end-users, the 3D printing medical devices market is segmented into hospitals and surgical centers, dental and orthopedic centers, medical device companies, pharmaceutical and biotechnology companies, academic and research institutes, and others. The hospitals and surgical centers segment held the largest market share in 2021 and is expected to hold a significant share in the market during the forecast period.

Product launches, and mergers and acquisitions are highly adopted strategies by the global 3D printing medical devices market players. A few of the recent key market developments are listed below:

In November 2021, 3D Systems launched its high-throughput 3D printing technologies that are expected to improve the additive manufacturing software and a new production-grade photopolymer. The company supporting the customers experience advanced additive manufacturing performance and productivity in the healthcare and industrial market.

Recent initiatives and collaborations by companies, hospitals, and researchers in utilizing 3D printing during the COVID-19 pandemic and rise in support for local 3D printing efforts were lifesaving. The 3D printing community has refocused its medical attention internationally, capitalizing on centralized large-scale manufacturing facilities and locally distributed manufacturing of verified and tested CAD files. The 3D printing technology can transcend and contribute to each of the main strategic principles in a meaningful way. Communities of the 3D printing industry can leverage the technology to rapidly design and manufacture replacements for essential healthcare equipment in response to the depletion of vital medical supplies.

3D Printing Medical Devices Market Report Scope

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3D Printing Medical devices – Market Segmentation

The global 3D printing medical devices market is segmented on the basis of component, technology, application, end user, and geography. Based on component, the market is segmented into software and service, equipment, and material. Based on technology, the 3D printing medical devices market is segmented into laser beam melting, photopolymerization, droplet deposition/extrusion based technologies, and electron beam melting. Furthermore, based on application, the market is segmented into custom prosthetics and implants, surgical guides, tissue engineering products, surgical instruments, hearing aids, wearable medical devices, and standard prosthetics and implants. By end-user, the 3D printing medical devices market is segmented into hospitals and surgical centers, dental and orthopedic centers, medical device companies, pharmaceutical and biotechnology companies, academic and research institutes, and others. The market, by geography, is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America.

Company Profiles

• EOS GmbH Electro Optical Systems
• Renishaw PLC
• Stratasys Ltd.
• 3D Systems, Inc.
• EnvisionTech, Inc.
• Concept Laser Gmbh (General Electric)
• 3T RPD Ltd.
• Proadways Group
• SLM Solution Group AG
• CELLINK