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Global 3D Printing Medical Devices Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ02703
Global 3D Printing Medical Devices Market Outlook to 2029

Report Description

3D-printed medical devices are artificial devices that restore a missing body part or biological structure and are created by laying successive layers of material using inputs from a digital 3D model. According to BlueQuark Research & Consulting, the Global 3D Printing Medical Devices Market is expected to witness a significant growth rate during the forecasted period. Factors such as the more used by surgeons to reduce the duration of anaesthesia exposure and planning surgeries are expected to drive the 3D Printing Medical Devices market in the forecasted period. Further, the rising introduction of novel technologies for preserving stem cells and their storage as a combined effort of public and private players is expected to drive the 3D Printing Medical Devices market in the forecasted period. Furthermore, the rise in pharmaceutical applications and availability of bioprinting tissues & organs are opportunistic for the 3D Printing Medical Devices market growth in the forecasted period. However, the high pricing of printers, lack of structured regulation, limited technical expertise, unfavourable reimbursement policies and biocompatibility issues that affect 3D printed medical devices are predicted to hinder the market in the forecasted period.

The requirement for 3D printing medical devices is increasing due to its many benefits. Dental restorations, external prosthetics etc., and orthopaedic implants are examples of 3D printing medical devices. 3D printing assumes an exceptionally critical part in clinical and dental gadget production. Due to their abilities, 3D printings are most generally utilized for clinical gadgets and can be used for different items, including food, family, and car parts. When it comes to the creation of medical and dental devices, 3D printing plays a significant role. 3D printers can be utilized to create a variety of goods, such as food, household items, and automobile parts. However, they are most frequently used to develop medical devices. This 3D printing technology is used for various therapies, including creating plastic tracheal supports and appendage prosthetics, titanium hip and jaw replacements, and appendage prosthetics. One of the advantages that 3D printers in medical devices provide is customized medical products and equipment. Thus custom-built prosthetics and implants provide value addition for both patients and doctors. Also, customized implants have a positive impact in terms of the time demand for surgery, patient recovery time, and the positive outcome of the implant. The digitalization of dental and medical processes has improved significantly to enhance clinical workflow via technology. Traditional dentists and operations are giving way to computerized ones in the sector. By utilizing computer-controlled techniques, direct digital manufacturing creates natural objects directly from digital designs. Compared to conventional manufacturing methods, 3D printing improvements have led to a rise in the usage of direct digital production. As it removes the need for tooling, shortens the time between design and manufacture, and boosts output, it provides unique advantages that make them highly valuable in the dental industry.

North America is expected to maintain its leading during the forecast period due to the three major countries of North America considered in the report, including the U.S., Canada, and Mexico. North America is dominating the market of overall 3D printing in healthcare and is expected to dominate throughout the forecasted period. This is attributed to the widespread adoption of 3D printing technology and numerous collaborations between academic and commercial organizations in this region. In addition, technological innovations in 3D printing, increased funding for advancement in 3D printers for healthcare, and an upsurge in the patient pool in this region have contributed to its dominance. Customizable medical products by 3D printing are predicted to drive market growth. X Rays and Computerized tomography are changed into 3D computer-aided design files. The files manufacture and customize the medical implants to a patient's anatomy. Johnson and Johnson (J and J) are practising the technique of 3D printing medical devices. The command for organ transplantation is a critical opportunity for 3D Printing medical devices. Bioprinting mentions 3D printers depositing biomaterial layers to build and develop complex structures like bones, skin, and corneas. To "print" an object, stem cells from an adult stem cell can be used. The stem cells are grown into a bio-ink. These are held together through some dissolvable gel scaffold, which can support the cells and mould them into the correct shape. Many experts choose 3D printing equipment before medical treatments of any organ part since they are cutting-edge innovations and easy-to-use tools which can lessen errors. A PC-supported plan drawing, or a beautiful reverberation picture, is a 3D object fashioned from an advanced 3D image. Creating a 3D object involves building continuous layers of material, each connected to the previous one until the final product is achieved. Different sorts of materials that are useful for medical applications are used to create 3D images. Direct digital manufacturing is becoming more widely used than traditional manufacturing techniques as 3D printing technology advances. 3D printing Medical Devices provide distinct benefits by eliminating the need for tooling, shortening the time between design and production, and increasing output. Medical printing devices offer numerous advantages to users throughout the healthcare lifecycle. 3D printing medical devices improve clinical outcomes and procedural efficiency while lowering reintervention costs, offering benefits as an overall treatment plan for complicated injuries, thereby driving the market expansion of 3D printing medical devices.

Some of the market's key players are Cord Blood Registry Systems, Cordlife Group Limited, Cryo-Cell International, ViaCord, and Cryo-Save AG.

In June 2023, Liqcreate, a 3D printing resin manufacturer based in the Netherlands, introduced its latest product, Liqcreate Bio-Med Clear. This new addition expands their extensive range of 3D printing resins. Bio-Med Clear is a biocompatible resin designed for applications that demand non-cytotoxic, non-sensitizing, and non-irritating properties.

In February 2023, Stratasys unveiled TrueDent, a transparent and highly realistic dental resin. This groundbreaking product is Stratasys' inaugural FDA-cleared offering, specifically formulated to be compatible exclusively with the Stratasys J5 DentaJet 3D printer and the GrabCAD Print software platform.

Global 3D Printing Medical Devices Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the 3D Printing Medical Devices market by segmenting based on By Product (Equipment, Materials, Services and Software), Technology (Laser Beam Melting, Photopolymerization, Droplet Deposition/Extrusion-based Technologies, Electron Beam Melting, Three-dimensional Printing/Adhesion Bonding/Binder Jetting, Other Technologies), Application (Surgical Guides, Surgical Instruments, Standard Prosthetics and Implants, Custom Prosthetics and Implants, Tissue-Engineered Products, Hearing Aids, Wearable Medical Devices, Other Applications), End User (Hospitals and Surgical Centers, Dental and Orthopedic Clinics, Academic Institutions and Research Laboratories, Pharma-Biotech and Medical Device Companies, Clinical Research Organizations) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global 3D Printing Medical Devices Market
  • Equip yourself with rigorous analysis and forward-looking insight into the 3D Printing Medical Devices Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for 3D Printing Medical Devices Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global 3D Printing Medical Devices Market, in USD Million, 2019-2029

Global 3D Printing Medical Devices Market - Market Dynamics, 2024-2029

Global 3D Printing Medical Devices Market - Supply Chain Analysis

Global 3D Printing Medical Devices Market - Porters Five Forces Analysis

North America - 3D Printing Medical Devices Market, in USD Million, 2019-2029

Europe - 3D Printing Medical Devices Market, in USD Million, 2019-2029

Asia-Pacific - 3D Printing Medical Devices Market, in USD Million, 2019-2029

South America - 3D Printing Medical Devices Market, in USD Million, 2019-2029

Middle East & Africa - 3D Printing Medical Devices Market, in USD Million, 2019-2029

3D Printing Medical Devices Market - Infographics

Other Charts

For complete list of tables and charts, please contact us via the form at the top of the page.

  Who need this report?

  • Manufacturers & Suppliers
  • Healthcare Service Providers
  • Pharmaceutical Companies
  • Insurance Companies
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global 3D Printing Medical Devices Market Outlook to 2028.pdf
Market Data - Global 3D Printing Medical Devices Market Outlook to 2028.xls

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