DUBLIN, December 20, 2021– (BUSINESS WIRE) – The report “3D Printed Medical Devices Global Market Report 2021: COVID-19 Growth and Change to 2030” has been added to ResearchAndMarkets.com offer.

The global 3D printed medical device market is expected to grow from $ 1.33 billion in 2020 to $ 1.49 billion in 2021 at a compound annual growth rate (CAGR) of 12%. The market is expected to reach $ 2.78 billion in 2025 at a CAGR of 16.9%.

The major players in the 3D printed medical device market are 3D Systems Corporation, EnvisionTEC, Stratasys Ltd., Arcam AB and Cyfuse Biomedical.

The 3D printed medical device market comprises the sales of 3D printed medical devices and related services. 3D printing is a process of creating three-dimensional medical devices using computer-aided design. Some of the 3D printed medical devices include orthopedic and cranial implants, surgical instruments, dental restorations such as crowns and external prostheses.

Biocompatibility issues related to 3D printed medical devices are limiting the growth of the 3D printed medical devices market. Biocompatibility involves the properties that make a material or device compatible with the human body. If the material used for the preparation of the 3D printed implant device is not compatible with the biomechanics of the patients, the patients may suffer from side effects such as abnormal bone growth and bleeding.

Titanium is the most common metal used in the manufacture of 3D printed medical devices. Although titanium offers reliability and precision in creating medical grade products, some human bodies tend to reject titanium because its chemical composition can prevent bone and tissue from interacting with the implant.

Apart from those other reasons which can contribute to the failure of metal implants which are either caused by the material properties of the metal (e.g. high rigidity, high corrosion rate and toxicity) itself or by the exposure of the metal. bone to infected metal implants i.e. infection.

The increasing use of 3D printing technology in the spine industry is one of the latest trends in the 3D printing medical device market. The spine industry adopts 3D printing to produce innovative new products which can promote bone growth and improve the fixation of the implant to the spine bone, reduce the number of manufacturing steps, thus making the 3D printing process more profitable in many cases.

For example, Medtronic launched its titanium 3D printing platform – TiONIC Technology. TiONIC technology is a 3D printed technique that uses laser methods to create implants with enhanced surface textures. Artic-L is the first implant created by the company using TiONIC technology. The implant is made of titanium and designed for use by surgeons in spine surgery. In addition to this, K2M’s Lamellar showcased their 3D Titanium technology to create a 3D spinal implant.

The 3D printing medical device using titanium technology uses an advanced 3D printing method to create structures that were once considered impractical with traditional manufacturing techniques. The implants use titanium powder and are associated with bone growth activity.

The increasing prevalence of osteoarthritis and similar musculoskeletal conditions is one of the major growth factors of the 3D printed medical devices market. Osteoarthritis is a disorder that damages joint cartilage and surrounding tissues, causing pain, stiffness, and loss of joint function in the sufferer.

3D printing medical devices make it possible to create an exact replica of a patient’s joint, which can provide surgeons with crucial information that might not be visible on a two-dimensional scan. The risk of developing osteoarthritis increases with age.

For example, according to the United States National Library of Medicine report, by 2040, it is estimated that approximately 78 million (26%) American adults aged 18 and older will have arthritis diagnosed by a doctor. Thus driving the adoption of 3D printed medical devices, positively impacting the growth of the market.

Main topics covered:

1. Summary

2. Characteristics of the 3D printed medical devices market

3. 3D Printed Medical Device Market Trends and Strategies

4. Impact of COVID-19 on 3D printed medical devices

5. Size and growth of the 3D printed medical devices market

5.1. Global historical 3D printed medical device market, 2015-2020, in USD billion

5.1.1. Market pilots

5.1.2. Market restrictions

5.2. Global 3D Printed Medical Device Forecast Market, 2020-2025F, 2030F, in USD Billion

5.2.1. Market pilots

5.2.2. Market restrictions

6. 3D printed medical device market segmentation

6.1. Global 3D printed medical device market, segmentation by type, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

6.2. Global 3D printed medical device market, segmentation by application, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

  • Orthopedic

  • Spinal

  • Dental

  • Hearing aids

  • Other

6.3. Global 3D printed medical device market, segmentation by technology, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

6.4. Global 3D printed medical device market, segmentation by raw material, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

  • Plastics

  • Biomaterials inks

  • Metals and alloys

6.5. Global 3D printed medical device market, segmentation by end user, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

  • Hospitals

  • Diagnostic centers

  • Academic institutions

  • Others

7. Regional and Country Analysis of 3D Printed Medical Devices Market

7.1. Global 3D printed medical device market, divided by region, historical and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

7.2. Global 3D printed medical device market, divided by country, historical and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

Companies mentioned

  • 3D Systems Company

  • EnvisionTEC

  • Stratasys Ltd.

  • Arcam AB

  • Cyfuse Biomedical

  • Materialize NV

  • Organovo Holdings

  • EOS GmbH

  • FabRx Ltd.

  • Design laser

  • GDT solutions

  • Oxford Performance Materials Inc.

  • Bio3D Technologies

  • Laser GmbH

  • Prodways Group

  • 3T RPD Ltd.

  • Light-curing

  • laser beam fusion

  • Electron beam fusion

  • Manufacture of laminated objects

  • Formlabs

  • Design laser

  • EOS GmbH Electro-optical systems

  • Renishaw Plc

  • Gorge SA Group

  • Biomedical modeling

  • Carbone Inc.

  • General Electricity Company

For more information on this report, visit https://www.researchandmarkets.com/r/k6uuq7

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211220005329/en/

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