Infinium Global Research Reveals Explosive Growth in 3D Printing Medical Device Market: Predicts USD 9.42 Billion Value by 2030 with a Remarkable CAGR of 15.82%

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Oct 16, 2023, 05:15 ET

PUNE, India, Oct. 16, 2023 /PRNewswire/ -- Infinium Global Research, a leading market research firm, has released an extensive report on the 3D Printing Medical Device Market, offering an in-depth analysis of market segments and sub-segments at both global and regional levels. The report uncovers the impacts of drivers, restraints, and macro indicators on the 3D printing medical device market over the short and long term.

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The 3D printing medical device market is experiencing remarkable growth, driven by a multitude of factors, including advancements in 3D printing technology and the ease of creating customized medical products. This growth is evident in the production of 3D-printed prosthetics, implants, dental restorations, surgical instruments, and tissues. Over 20 types of implants, including cranial, hip, knee, and spinal implants, have been FDA-approved, and manufactured using various 3D printing technologies. Several factors are contributing to the expansion of the global 3D printing medical device market, such as advances in 3D printing technology, improvements in healthcare infrastructure, and a growing aging population. FDA guidelines streamline the approval process for 3D-printed medical devices, making it easier for manufacturers to enter the market. On the positive side, recent advancements in 3D printing have reduced equipment costs while offering improved technology and a wider range of engineering materials. Furthermore, the increasing demand for organ transplants presents significant growth opportunities for key players in the global 3D printing medical device market.

Key Findings:

Remarkable Growth Projection: In 2022, the global 3D printing medical device market was valued at USD 2.49 billion. The report predicts it will soar to USD 9.42 billion by 2030, driven by a notable Compound Annual Growth Rate (CAGR) of 15.82% during the forecast period of 2023-2030.
Drivers of Market Growth: The market's growth is powered by technological advancements in 3D printing and the ability to create customized medical products. This is particular evidence in the production of 3D-printed prosthetics, implants, dental restorations, surgical instruments, and tissues. FDA guidelines streamline the approval process for 3D-printed medical devices, easing market entry for manufacturers. On the positive side, recent advancements in 3D printing have reduced equipment costs while offering improved technology and a wider range of engineering materials. Furthermore, the increasing demand for organ transplants presents significant growth opportunities in the market.
Dominant Region: According to the report the North America is poised to dominate the 3D printing medical device market, thanks to its robust technological infrastructure and strong emphasis on research and development. The presence of leading industry players and government-funded R&D initiatives creates significant growth opportunities. Asia-Pacific is expected to witness substantial growth due to expanding populations and research and development efforts. Europe, a mature market for 3D printing medical devices, is also predicted to see rapid growth in the future, backed by expertise in 3D printing, quality control, and regulatory compliance.
Segmental Analysis: The report provides a comprehensive breakdown of the 3D printing medical device market by technology, application, and end user. Sub-markets include electron beam melting, selective laser melting, photopolymerization, direct metal laser sintering, laminated object manufacturing, and laser beam melting for technology. Application sub-markets include surgical guides, medical implants, surgical instruments, and bioengineering. End-user sub-markets encompass medical and surgical centers, pharma and biotech companies, and academic institutions.
Key Players: The report includes profiles of companies in the market, such as 3D Systems, Inc., ENVISIONTEC US LLC, Arcam AB (acquired by General Electric), Stratasys, CYFUSE BIOMEDICAL K.K., Organovo Holdings Inc., EOS GmbH, FABRX LTD., Materialise, and Concept Laser GmbH (acquired by General Electric).

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Table of Contents

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. 3D Printing Medical Device Market Highlights

2.2. 3D Printing Medical Device Market Projection

2.3. 3D Printing Medical Device Market Regional Highlights

Chapter 3. Global 3D Printing Medical Device Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter`s Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Technology

3.4.2. IGR-Growth Matrix Analysis by Application

3.4.3. IGR-Growth Matrix Analysis by End User

3.4.4. IGR-Growth Matrix Analysis by Region

3.5. Value Chain Analysis of 3D Printing Medical Device Market

Chapter 4. 3D Printing Medical Device Market Macro Indicator Analysis

Chapter 5. Company Profiles and Competitive Landscape

5.1. Competitive Landscape in the Global 3D Printing Medical Device Market

5.2. Companies Profiles

5.2.1. 3D Systems, Inc.

5.2.2. ENVISIONTEC US LLC

5.2.3. Arcam AB (acquired by General Electric)

5.2.4. Stratasys

5.2.5. CYFUSE BIOMEDICAL K.K.

5.2.6. Organovo Holdings Inc.

5.2.7. EOS GmbH

5.2.8. FABRX LTD.

5.2.9. Materialise

5.2.10. Concept Laser GmbH (acquired by General Electric)

Chapter 6. Global 3D Printing Medical Device Market by Technology

6.1. Electron Beam Melting

6.2. Selective Laser Melting

6.3. Photopolymerization

6.4. Direct Metal Laser Sintering

6.5. Laminated Object Manufacturing

6.6. Laser Beam Melting

Chapter 7. Global 3D Printing Medical Device Market by Application

7.1. Surgical Guide

7.2. Medical Implant

7.3. Surgical Instrument

7.4. Bioengineering

Chapter 8. Global 3D Printing Medical Device Market by End User

8.1. Medical and Surgical Centers

8.2. Pharma and Biotech Companies

8.3. Academic Institutions

Chapter 9. Global 3D Printing Medical Device Market by Region 2023-2030

9.1. North America

9.1.1. North America 3D Printing Medical Device Market by Technology

9.1.2. North America 3D Printing Medical Device Market by Application

9.1.3. North America 3D Printing Medical Device Market by End User

9.1.4. North America 3D Printing Medical Device Market by Country

9.1.4.1. The U.S. 3D Printing Medical Device Market

9.1.4.1.1. The U.S. 3D Printing Medical Device Market by Technology

9.1.4.1.2. The U.S. 3D Printing Medical Device Market by Application

9.1.4.1.3. The U.S. 3D Printing Medical Device Market by End User

9.1.4.2. Canada 3D Printing Medical Device Market

9.1.4.2.1. Canada 3D Printing Medical Device Market by Technology

9.1.4.2.2. Canada 3D Printing Medical Device Market by Application

9.1.4.2.3. Canada 3D Printing Medical Device Market by End User

9.1.4.3. Mexico 3D Printing Medical Device Market

9.1.4.3.1. Mexico 3D Printing Medical Device Market by Technology

9.1.4.3.2. Mexico 3D Printing Medical Device Market by Application

9.1.4.3.3. Mexico 3D Printing Medical Device Market by End User

9.2. Europe

9.2.1. Europe 3D Printing Medical Device Market by Technology

9.2.2. Europe 3D Printing Medical Device Market by Application

9.2.3. Europe 3D Printing Medical Device Market by End User

9.2.4. Europe 3D Printing Medical Device Market by Country

9.2.4.1. Germany 3D Printing Medical Device Market

9.2.4.1.1. Germany 3D Printing Medical Device Market by Technology

9.2.4.1.2. Germany 3D Printing Medical Device Market by Application

9.2.4.1.3. Germany 3D Printing Medical Device Market by End User

9.2.4.2. United Kingdom 3D Printing Medical Device Market

9.2.4.2.1. United Kingdom 3D Printing Medical Device Market by Technology

9.2.4.2.2. United Kingdom 3D Printing Medical Device Market by Application

9.2.4.2.3. United Kingdom 3D Printing Medical Device Market by End User

9.2.4.3. France 3D Printing Medical Device Market

9.2.4.3.1. France 3D Printing Medical Device Market by Technology

9.2.4.3.2. France 3D Printing Medical Device Market by Application

9.2.4.3.3. France 3D Printing Medical Device Market by End User

9.2.4.4. Italy 3D Printing Medical Device Market

9.2.4.4.1. Italy 3D Printing Medical Device Market by Technology

9.2.4.4.2. Italy 3D Printing Medical Device Market by Application

9.2.4.4.3. Italy 3D Printing Medical Device Market by End User

9.2.4.5. Rest of Europe 3D Printing Medical Device Market

9.2.4.5.1. Rest of Europe 3D Printing Medical Device Market by Technology

9.2.4.5.2. Rest of Europe 3D Printing Medical Device Market by Application

9.2.4.5.3. Rest of Europe 3D Printing Medical Device Market by End User

9.3. Asia Pacific

9.3.1. Asia Pacific 3D Printing Medical Device Market by Technology

9.3.2. Asia Pacific 3D Printing Medical Device Market by Application

9.3.3. Asia Pacific 3D Printing Medical Device Market by End User

9.3.4. Asia Pacific 3D Printing Medical Device Market by Country

9.3.4.1. China 3D Printing Medical Device Market

9.3.4.1.1. China 3D Printing Medical Device Market by Technology

9.3.4.1.2. China 3D Printing Medical Device Market by Application

9.3.4.1.3. China 3D Printing Medical Device Market by End User

9.3.4.2. Japan 3D Printing Medical Device Market

9.3.4.2.1. Japan 3D Printing Medical Device Market by Technology

9.3.4.2.2. Japan 3D Printing Medical Device Market by Application

9.3.4.2.3. Japan 3D Printing Medical Device Market by End User

9.3.4.3. India 3D Printing Medical Device Market

9.3.4.3.1. India 3D Printing Medical Device Market by Technology

9.3.4.3.2. India 3D Printing Medical Device Market by Application

9.3.4.3.3. India 3D Printing Medical Device Market by End User

9.3.4.4. South Korea 3D Printing Medical Device Market

9.3.4.4.1. South Korea 3D Printing Medical Device Market by Technology

9.3.4.4.2. South Korea 3D Printing Medical Device Market by Application

9.3.4.4.3. South Korea 3D Printing Medical Device Market by End User

9.3.4.5. Australia 3D Printing Medical Device Market

9.3.4.5.1. Australia 3D Printing Medical Device Market by Technology

9.3.4.5.2. Australia 3D Printing Medical Device Market by Application

9.3.4.5.3. Australia 3D Printing Medical Device Market by End User

9.3.4.6. Rest of Asia-Pacific 3D Printing Medical Device Market

9.3.4.6.1. Rest of Asia-Pacific 3D Printing Medical Device Market by Technology

9.3.4.6.2. Rest of Asia-Pacific 3D Printing Medical Device Market by Application

9.3.4.6.3. Rest of Asia-Pacific 3D Printing Medical Device Market by End User

9.4. RoW

9.4.1. RoW 3D Printing Medical Device Market by Technology

9.4.2. RoW 3D Printing Medical Device Market by Application

9.4.3. RoW 3D Printing Medical Device Market by End User

9.4.4. RoW 3D Printing Medical Device Market by Sub-region

9.4.4.1. Latin America 3D Printing Medical Device Market

9.4.4.1.1. Latin America 3D Printing Medical Device Market by Technology

9.4.4.1.2. Latin America 3D Printing Medical Device Market by Application

9.4.4.1.3. Latin America 3D Printing Medical Device Market by End User

9.4.4.2. Middle East 3D Printing Medical Device Market

9.4.4.2.1. Middle East 3D Printing Medical Device Market by Technology

9.4.4.2.2. Middle East 3D Printing Medical Device Market by Application

9.4.4.2.3. Middle East 3D Printing Medical Device Market by End User

9.4.4.3. Africa 3D Printing Medical Device Market

9.4.4.3.1. Africa 3D Printing Medical Device Market by Technology

9.4.4.3.2. Africa 3D Printing Medical Device Market by Application

9.4.4.3.3. Africa 3D Printing Medical Device Market by End User

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of 3D printing medical device.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

About Infinium Global Research:

Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.

Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.

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