01-Dec-2020 | Facts and Factors
Findings from Facts and Factors report “3D Printed Medical Implants Market By Component (Material, Service, and Software), By Technology (Laser Beam Melting, Electronic Beam Melting, Droplet Deposition, Others), By Application (Dental, Orthopedic, Cranial, Others), By End-User (Pharmaceutical & Biopharmaceutical Companies, Academic Institutions, Surgical Centers, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global 3D Printed Medical Implants Market in 2019 was approximately USD 1.2 Billion. The market is expected to grow at a CAGR of 14.3% and is anticipated to reach around USD 3.8 Billion by 2026.
The 3D Printed Medical Implants Market Is Powered By the Increasing Prevalence For The Need Of Medical Implant And the Collaboration Of ManufacturersAcross The World.
3D printing is also called additive manufacturing which means the addition of layers related to raw materials for the production of objects that forms a three-dimensional file. In terms of medicine, these 3D medical implants help surgeons in surgeries by biological objects implantation and also help to minimize the risks which are involved during the surgery, infection risk and slow down in anesthesia exposure duration.
3D printing is a highly growing technology in today’s time which boosts the manufacturers of the medical sector to produce customized products and implant them through the replacement of damaged biological structures. This 3D printed medical implant helps the patients in their rapid recovery and thus reduces their stay in hospitals.
Browse the full “3D Printed Medical Implants Market By Component (Material, Service, and Software), By Technology (Laser Beam Melting, Electronic Beam Melting, Droplet Deposition, Others), By Application (Dental, Orthopedic, Cranial, Others), By End-User (Pharmaceutical & Biopharmaceutical Companies, Academic Institutions, Surgical Centers, Others) : Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/3d-printed-medical-implants-market
With each day passing, new techniques of printing implants need new biomaterials, which will enhance the need for 3D-printed medical implants. There has been huge approval of 3D-printed medical implants for surgeries. Due to this reason biotechnology companies, established as well as startups are making partnerships or collaborations with many universities. These efforts have strengthened the medical burden of people who comes up with traumatic injuries.
As per a survey of the World Health Organization, in the year 2016, approximately 60 million population in the U.S. was suffering from periodontitis due to the reasons such as diabetes gangrene, a rise in periodontitis, vascular diseases, osteoarthritis, which has created the demand for 3D printed medical implants. Also, the high growth in technological advancements in the field of healthcare will boost the demand for the 3D-printed medical implants market in the coming years.
Moreover, the collaborations and partnerships between the manufacturing firms to enhance the development of the product has affected the market growth. Chronic diseases are also increasing day by day which includes a rise in accidents, bone dental diseases will definitely propel the growth of the 3D printed medical implants market.
Key Segments: 3D Printed Medical Implants Market
The market for 3D-printed medical implants is segmented on the basis of components, technology, application, and end-user. On the basis of components, it is bifurcated into material, service, and software and among this software, the segment is expected to dominate the market owing to the rise in investments for the development of software solutions.
Secondly, on the basis of technology, the market is bifurcated into laser beam melting, electronic beam melting, droplet deposition, and others.
Further, by application, the market is bifurcated into dental, orthopedic, cranial, and others, and among these dental segment will hold the maximum market share because of the availability of customized, affordable, and technological products in the dentistry sector.
Lastly, on the basis of end-users, the market is bifurcated into pharmaceutical and biopharmaceutical companies, academic institutions, surgical centers, and others. The surgical center's segment will dominate the market in the forecast period due to the minimized complications by the use of 3D-printed medical devices.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 1.2 Billion |
Projected Market Size in 2026 |
USD 3.8 Billion |
CAGR Growth Rate |
14.3% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Aspect Biosystems, Organovo, 3D Bioprinting Solutions, Rokit, Stratasys, Medprin, Cyfuse Biomedical, Formlabs, Materialise, BioBots, and others. |
Key Segment |
By Component, Technology, Application, End-User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Top Market Players
Major key players operating in the 3D printed medical implants market include Aspect Biosystems, Organovo, 3D Bioprinting Solutions, Rokit, Stratasys, Medprin, Cyfuse Biomedical, Formlabs, Materialise, BioBots, among others.
Regional Overview:
In terms of geography, North America will dominate the market for 3D printed medical implants in the coming years due to the awareness among the population regarding the newest technologies and advancements, and adopting the same will increase the expenditure of the healthcare sector in this region.
The taxonomy of the 3D printed medical implants market by its scope and segmentation is as follows:
Global 3D Printed Medical Implants Market: By Component
- Material
- Service
- Software
Global 3D Printed Medical Implants Market: By Technology
- Laser Beam Melting
- Electronic Beam Melting
- Droplet Deposition
- Others
Global 3D Printed Medical Implants Market: By Application
- Dental
- Orthopedic
- Cranial
- Others
Global 3D Printed Medical Implants Market: By End-User
- Pharmaceutical & Biopharmaceutical Companies
- Academic Institutions
- Surgical Centres
- Others
Global 3D Printed Medical Implants Market: By Region
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
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