NEW
YORK, July 31, 2024 /PRNewswire/ -- The global
3D printing in healthcare industry market size is estimated
to grow by USD 5.73 billion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of almost 23.31% during the forecast
period. Increased demand for personalized or customized
medical devices is driving market growth, with a trend
towards emerging technological advances and applications of 3D
printing in medical devices. However, high initial setup cost
of 3D printing facilities poses a challenge. Key market
players include 3D Systems Corp., Allevi Inc., Anatomics Pty Ltd.,
Dentsply Sirona Inc., Desktop Metal Inc., EOS GmbH, Formlabs Inc.,
General Electric Co., Groupe Gorge SA, INTAMSYS TECHNOLOGY CO.
LTD., MATERIALISE NV, Mecuris GmbH, Organovo Holdings Inc., Proto
Labs Inc., Rapid Shape GmbH, Renishaw Plc, Roland DG Corp., SLM
Solutions Group AG, Stratasys Ltd., and Ultimaker BV.
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2017 - 2021
|
Segment
Covered
|
Application (Orthopedic
and spinal, Dental, Hearing aids, and Others), Technology
(Stereolithography, Granular materials binding, and Others), and
Geography (North America, Europe, Asia, and Rest of World
(ROW))
|
Region
Covered
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Key companies
profiled
|
3D Systems Corp.,
Allevi Inc., Anatomics Pty Ltd., Dentsply Sirona Inc., Desktop
Metal Inc., EOS GmbH, Formlabs Inc., General Electric Co., Groupe
Gorge SA, INTAMSYS TECHNOLOGY CO. LTD., MATERIALISE NV, Mecuris
GmbH, Organovo Holdings Inc., Proto Labs Inc., Rapid Shape GmbH,
Renishaw Plc, Roland DG Corp., SLM Solutions Group AG, Stratasys
Ltd., and Ultimaker BV
|
Key Market Trends Fueling Growth
The 3D printing market in the healthcare industry has witnessed
significant advancements, leading to increased production speed and
volume capabilities for 3D systems. This technology offers numerous
benefits, including reduced material waste and capital equipment
expenditure, as well as a decrease in reliance on milling centers.
In the dental sector, 3D printing enables the production of precise
and efficient dental devices. New combinations of 3D printing
materials are under development, expanding the technology's
applications and reducing costs. UV Silicone 60A MG and HT PCL MG
are two approved materials suitable for various applications. UV
Silicone 60A MG, a biocompatible liquid silicone rubber, delivers a
Shore A hardness of 60 and is approved for short-term use in the
body. HT PCL MG, a biodegradable thermoplastic polyester, is
approved for both short- and long-term use and is suitable for
applications like bone and cartilage regeneration. EnvisionTEC's
new material, E-OrthoShape, is an affordable option for 3D printing
orthodontic models, enabling the creation of clear thermoformed
aligners. Advances in imaging modalities have made it possible to
develop customized anatomical models with greater precision. 3D
Systems' VSP is a 510(k) cleared service tool used for orthognathic
surgical planning, mandibular or maxillary reconstruction, trauma
reduction surgery, and distraction osteogenesis planning. Software
advancements have made it easier to extract the surface of
structures of interest from 3D medical imaging data, increasing the
adoption of 3D-printed healthcare products. Key vendors are
investing heavily in R&D to develop innovative products,
fueling the growth of the global 3D printing market in healthcare
during the forecast period.
The 3D printing market in the healthcare sector is experiencing
significant growth, particularly in the production of customized
medical devices. Traditional patterns are being replaced with 3D
printed solutions for anesthesia equipment, surgical instruments,
and external wearable devices. The biomedical sector benefits from
component insights using multi-material printing and the droplet
deposition technique for creating chemical endurance parts.
Healthcare professionals in remote places can access flawless
service with portable equipment. 3D printing is revolutionizing
healthcare, from customized implants for dental applications and
prosthetics to surgical instruments made of ceramics, plastics,
elastomers, and even paper. Sepsis treatment and chronic disease
management are improved with this technology. The World Health
Organization supports 3D printing in orthopedic diseases like
osteoporosis, osteoarthritis, and osteopenia. Organ transplantation
and organ donors also benefit from 3D printed models for planning
and training. Tobacco consumption and sedentary lifestyles are
major health concerns, leading to an increased demand for 3D
printed surgical instruments and portable equipments. Surgical
centers and medical tourism are adopting this technology for
customized implants and laser beam melting techniques. Skilled
technicians ensure desired results in various applications,
including anesthesia, dental, and surgical procedures. The future
of healthcare is 3D printed!
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Market Challenges
- The 3D printing market in healthcare industry faces significant
challenges due to high capital costs. Equipment for 3D printing,
whether in-house or outsourced, comes with substantial expenses.
Desktop FDM or SLA machines cost between USD3,000 and USD15,000, while higher-end printers (SLS,
material jetting, and metal printing) range from USD200,000 to USD850,000, and even millions of dollars.
Proprietary raw materials sold by manufacturers contribute to these
high costs. Clinical 3D printing labs require trained staff for
production, adding to the investment. The time required to print
models, ranging from hours to days, limits mass manufacturing
viability without purchasing and operating numerous printers
simultaneously. These factors may hinder the growth of the global
3D printing market in healthcare during the forecast period.
- The 3D printing market in healthcare is growing rapidly,
offering solutions for portable equipment in remote places and
ensuring flawless service for desired results. Healthcare
professionals use 3D printing for creating dental implants,
prosthetics, surgical instruments, and even ceramics, plastics,
elastomers, and paper models for training. Challenges include
accessibility in hospitals and the need for computer-aided design
and manufacturing. The World Health Organization supports 3D
printing for addressing orthopedic diseases like osteoporosis,
osteoarthritis, and osteopenia. Organ transplantation and organ
donors can benefit from 3D printing in creating customized implants
and biomedical products. Tobacco consumption and sedentary
lifestyles increase the demand for dental applications using laser
beam melting and surgical centers. Medical tourism and customized
implants are driving the market, with bioprinting and
stereolithography technology advancing dental applications. The
syringe-based segment and biomedical products are also significant
areas of growth.
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challenges - Download a Sample Report
Segment Overview
This 3d printing in healthcare industry market report
extensively covers market segmentation by
- Application
- 1.1 Orthopedic and spinal
- 1.2 Dental
- 1.3 Hearing aids
- 1.4 Others
- Technology
- 2.1 Stereolithography
- 2.2 Granular materials binding
- 2.3 Others
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Orthopedic and spinal- The 3D printing
market in the healthcare industry is gaining significant traction,
particularly in the orthopedic and spinal applications sector. This
segment accounts for the largest share due to the increasing
prevalence of orthopedic and spinal disorders, the rising demand
for patient-specific implants, and the need for advanced surfaces
and structures. Hospitals and ambulatory surgery centers are
increasingly adopting 3D printing for manufacturing standard-sized
and custom orthopedic implants, including those for individuals
with bone or joint deformities. The technology enables the creation
of complex structures and devices that cannot be produced using
conventional methods. It also allows for the production of lattice
structures that accelerate the healing process and promote better
bone ingrowth. Furthermore, 3D printing is used in the fabrication
of prosthetic limbs, significantly reducing manufacturing costs and
offering the same functionality as traditionally manufactured
prosthetics. The global market for 3D printing in healthcare is
expected to grow due to increasing R&D investments in
technologically advanced implants, such as SeaSpine Holdings
Corporation's WaveForm C Interbody Implant System for spinal
disorders.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2017 -
2021) - Download a Sample Report
Research Analysis
The 3D printing technology has revolutionized the healthcare
industry by enabling the production of customized medical devices
tailored to individual patient needs. This innovation has
significantly impacted the health care sector by providing
solutions for various applications, including dental implants,
prosthetics, surgical instruments, and even biomedical products.
Medical staff and healthcare professionals have benefited from this
technology by having access to accurate and precise tools, reducing
the risk of errors and improving patient outcomes. 3D printing
technology allows for the creation of customized implants using
materials such as ceramics, plastics, elastomers, and even paper.
The anatomical makeup of each patient can be precisely replicated,
leading to better fit and function. Musculoskeletal injuries can be
addressed with customized implants, while biomedical products like
syringes can be produced more efficiently in the syringe-based
segment. Moreover, the frontier of 3D printing in healthcare is
bioprinting, which holds great potential for tissue engineering and
organ replacement. Stereolithography technology is one of the
leading methods used in bioprinting, enabling the creation of
complex structures with living cells. The healthcare technologies
that utilize 3D printing are continually evolving, offering new
possibilities for improving patient care and advancing medical
research.
Market Research Overview
The 3D printing industry in the healthcare sector is
revolutionizing the way medical devices are designed and
manufactured, providing customized solutions for various healthcare
applications. This technology is transforming the biomedical sector
by enabling the production of medical devices tailored to
individual patients, from anesthesia equipment to surgical
instruments, dental implants, and prosthetics. The use of
multi-material 3D printing technology allows for the creation of
complex components with superior chemical endurance, ideal for
medical applications. Sepsis, chronic diseases, and orthopedic
diseases such as osteoporosis, osteoarthritis, and osteopenia are
some of the conditions that can benefit from 3D printing. In remote
places, 3D printing enables the production of portable equipment
and external wearable devices, ensuring flawless service and
desired results for healthcare professionals. The World Health
Organization recognizes the potential of 3D printing in healthcare,
particularly in organ transplantation and organ donation. However,
the industry faces challenges such as the need for skilled
technicians and the high cost of some 3D printing technologies.
Traditional patterns of manufacturing medical devices are being
disrupted by 3D printing technology, with applications ranging from
surgical procedures to dental applications using techniques such as
laser beam melting, stereolithography, and bioprinting. The
syringe-based segment is also experiencing growth due to the
production of insulin pens and other medical devices. Tobacco
consumption and sedentary lifestyles are leading to an increase in
healthcare needs, further driving the demand for 3D printing in
healthcare. The future of 3D printing in healthcare is bright, with
continued innovation and advancements in this technology expected
to bring about significant improvements in patient care.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Orthopedic And Spinal
- Dental
- Hearing Aids
- Others
- Technology
-
- Stereolithography
- Granular Materials Binding
- Others
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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