![]() Public-private funding for a variety of initiatives in the 3D printing industry has significantly increased in recent years.Investment in Healthcare Infrastructure to Boost Growth of Medical 3D Printing Market Government bodies are investing in developing healthcare infrastructure to safeguard against unpredicted pandemic and disease outburst. The market's expansion is fueled by the rise in acquisition, product launch, and approval by key players operating in North America.Īsia Pacific is also expected to have high growth as the healthcare industry in emerging economies is expanding. This region's dominance has also been aided by advances in 3D printing technology, an increase in funding for their development, and an increase in the number of patients there. This is due to numerous collaborations between academic and commercial organizations in this region and widespread adoption of 3D printing technology. Due to the three major North American nations that are taken into account in the United States, Canada, and Mexico, The overall market for 3D printing in healthcare is dominated by North America and is expected to remain so throughout the forecast period. North America is anticipated to maintain its dominance throughout the forecast period. The development of this market sector is anticipated to be fueled by the 3D printing of custom implants, which is drawing in new investors and medical device businesses. Plastics, ceramics, metals, and biological materials like skin and bones are just a few of the materials that can be used in 3D printing to make highly customizable prosthetics and implants. Medical 3D Printing Market Anal ysis by Applicationīased on the Application, the Custom Prosthetics and Implants segment is likely to maintain its current dominance of the market. During the forecast period, this market is anticipated to expand due to the services for medical device 3D printing's cost effectiveness, utility, uniformity, and accuracy. Medical 3D Printing Market Analysis b y Produc tīased on the Product, The software and services dominated the 3d printing medical devices market in 2021. By Region, Medical 3D Printing Market is segmented on the basis of North America, Europe, Asia Pacific, Latin America. By End user, Medical 3D Printing Market is segmented into Hospitals and Surgical Centers, Dental and Orthopedic Clinics, Academic Institution and Research Laboratories, Pharma-Biotech and Medical Device Companies, Clinical Research Organization, Others. By Application, Medical 3D Printing Market is segmented into Surgical Guides, Surgical Instruments, Standard Prosthetics and Implants, Custom Prosthetics and Implants, Tissue-Engineered Products, Hearing Aids, Wearable Medical Devices, Others. By Technology, it is segmented into Laser Beam Melting, Photopolymerization, Droplet Deposition/Extrusion-Based Technologies, Electron Beam Melting, Three-Dimensional Printing/Adhesion Bonding/Binder Jetting, Others. By Product, Medical 3D Printing Market is segmented in Equipment, Materials, Services and Software. ![]() The Medical 3d printing device market is segmented By Product, Technology, Application, end user and Region. US Medical 3D Printing Market is poised to grow at a sustainable CAGR for the next forecast year. Additional devices, also known as patient-matched or patient-specific devices, are developed using the patient-specific imaging data. The key factors supporting the growth of the market include the availability of advanced 3D printing materials for dental and medical applications, the rising demand for 3D-printed products in the cosmetics and pharmaceutical industries, the high incidence of dental and orthopedic diseases, the simple development of customized medical products using 3D printing, and the growing applications of 3D printing in the healthcare industry.Ī wide range of products, including those with intricate geometry or features specific to a patient's anatomy, are produced by medical device manufacturers using 3D printers.Īfter printing a small number of devices from a standard design, numerous exact replicas of the same device are made. ![]() It outperforms conventional reconstructive surgeries in a number of ways, including a shorter anesthesia exposure time, a reduction in infection risk, and a reduction in operative risks during complex procedures. In addition, 3D printing technology meets the growing demand for medical devices that can be adapted to each patient's specific requirements. In the healthcare industry, it is used to produce individualized medical products and equipment. Medical 3D Printing Market size was valued at USD 2.4 billion in 2021 and USD 2.79 billion in 2022 and it is expected to reach USD 9.41 billion by 2030, at a CAGR of 16.4% during the forecast period (2023-2030).
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