3D Printing Medical Devices Market Analysis and Forecast to 2031: By Component (3D Printing Equipment, Materials, Services and Software), Technology (Photopolymerization, Droplet Deposition/Extrusion Based Technologies, Laser Beam Melting, Electron Beam Melting, Three-Dimensional Printing/Adhesion Bonding), Medical Product (Surgical Guides, Surgical Instruments, Prosthetics and Implants, Tissue Engineering Products), End User (Hospitals and Surgical Centres, Dental and Orthopaedic Clinics, Academic Institutions and Research Laboratories, Pharma-Biotech and Medical Device Companies, Clinical Research Organizations) and Region

Global 3D Printing in Medical Devices Market is expected to reach $7.2bn by 2031 growing at a CAGR of 16.8% between 2021-2031.

Market Overview

3D printing is a type of additive manufacturing. There are various types of additive manufacturing, but the terms 3D printing and additive manufacturing are often used mutually. 3D printing is a process that generates a three-dimensional object by constructing successive layers of raw material. Every new layer is attached to the previous one until the entity is complete. Objects are generated from a digital 3D file, such as a computer-aided design (CAD) drawing or a Magnetic Resonance Image (MRI). The flexibility of 3D printing allows creators to make changes simply without the need to set up additional equipment or tools. It also allows manufacturers to generate devices matched to a patient’s anatomy (patient-specific devices) or devices with very complex internal structures. These capabilities have surged huge interest in the 3D printing of medical devices and other products, comprising food, household items, and automotive parts.

Scope of the Report
Report Attribute Details
Market Size in 2021$1,6 bn
Market Size in 2031$7.2 bn
Growth Rate (2021-31)16.8%
Historic Period2015-2020
Forecast Period2022-2031
Base Year2021
Segments CoveredComponent, Technology, Medical Product, End User, Region
Key CompaniesStratasys Ltd., 3D Systems Corporation, Materialise NV, Envisiontec GmbH, Eos GmbH Electro, Optical Systems, Renishaw PLC, 3T RPD, Arcam AB, Concept Laser GmbH, Prodways
Regional ScopeNorth America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Analysis CoverageMarket Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments
Market Drivers
Rising public-private funding for 3D printing activities

In recent times, there has been a significant rise in public-private funding to support various initiatives in the 3D printing industry such as research and funding activities that are likely to boost the development of 3D printing products and technologies, thereby fuelling the growth of the 3D printing medical devices market. For instance, in September 2020, nTopolgy raised $40M to drive the future of engineering.

Market Opportunities

Direct digital manufacturing

The rising digitization of dentistry and medical procedures has advanced greatly over the years, with the aim of improving the clinical workflow through the incorporation of technology. The industry is witnessing a shift from traditional to digital dentistry and surgeries. Direct digital manufacturing comprises the application of computer-controlled processes for developing a physical object directly from a digital strategy. With the expansion in 3D printing, direct digital manufacturing is becoming a widely used technology as compared to traditional manufacturing techniques. It provides a unique set of advantages as it eliminates the investment in tooling, lowers the lag time between designing and production, and raised production.

Market Restraints

Shortage of a skilled workforce

One of the major barriers to the adoption of additive manufacturing or 3D printing is the lack of a skilled workforce. There is a very limited resource pool available for staff that is well-versed with 3D printing processes, which is further worsened by the rapid pace of evolution of the 3D printing medical devices market in terms of technology and materials.

Also, there is a shortage of training programs available for additive manufacturing, and there exists a wide gap between academia and practical applications in the industry that is tough to bridge. The lack of a workforce with a full understanding of the design process and production cycle in additive manufacturing affects the final quality of the product. The lack of such a workforce would like to hamper the overall adoption of 3D printing in the medical devices industry.

Impact of COVID-19 on 3D Printing Medical Devices Market

Owing to the pandemic, during March 2020 and throughout the second quarter of 2020, access to customers to sell and implement the 3D printing medical devices reduced as hospitals became primarily focused on the COVID-19 pandemic. The pandemic has led to a significant increase in the demand for ventilators. The closure of manufacturing facilities owing to shutdowns and disrupted supply chains slightly impacted the growth of the 3D printing medical devices market during the COVID pandemic.

Market Segmental Analysis

The global 3D printing medical devices market is segmented into components, technology, medical product, and end users.

3D Printing Medical Devices Market by Components

By components, the 3D printing medical devices market is segmented into 3D printing equipment, materials and services, and software. The materials segment is also sub-segmented into plastics, metal and metal alloy plastics, biomaterials, and others.

The service and software segment is likely to dominate the market in 2021 with a constant rate of XX% during the forecast period. The key factors such as cost-effectiveness, utility, uniformity, and accuracy offered by services for medical device 3D printing, is likely to boost the growth market during the estimated period.

3D Printing Medical Devices Market by Technology

By technology, the global 3D printing medical devices market is bifurcated into photopolymerization, droplet deposition/extrusion-based technologies, laser beam melting, electron beam melting, and three-dimensional printing/adhesion bonding. The photopolymerization segment is also sub-segmented into digital light processing, stereolithography, and two-photon polymerization. Likewise, the droplet deposition/extrusion-based technologies are sub-segmented into fused deposition modelling, multiphase jet solidification, and low-temperature deposition manufacturing. Also, laser beam melting segment is sub-categorized into selective laser melting, direct metal laser sintering, selective laser sintering, and lasercusing.

The laser beam melting segment is likely to dominate the 3D printing medical devices market with a CAGR of XX% during the projection period. The key factors such as increasing applications in the dental industry and manufacturing implants for minimally invasive surgery.

3D Printing Medical Devices Market by Medical Products

By medical products, the 3D printing medical devices market is segmented into surgical guides, surgical instruments, prosthetics and implants, and tissue engineering products. The surgical guides are sub-segmented into dental guides, craniomaxillofacial guides, and orthopaedic guides. Similarly, the surgical instruments are also sub-segmented into surgical fasteners, scalpels, and retractors. Also, the prosthetics and implants segment is also sub-segmented into standard implants and custom implants. Likewise, the tissue engineering products are also bifurcated into bone and cartilage scaffolds, and ligament and tendon scaffolds.

The prosthetics and implants segment is likely to dominate the market with a CAGR of XX% during the forecast period. 3D printing is used on a large scale in manufacturing highly customizable prosthetics and implants out of a variety of materials, comprising biological materials (such as skin and bones), plastics, ceramics, and metals. 3D printing of custom implants—is attracting many medical device syndicates and new investors to purchase 3D printers is likely to drive the growth of this market segment in the upcoming years.

3D Printing Medical Devices Market Analysis by End User

By end-user, the 3D printing medical devices market is segmented into hospitals & surgical centers, dental & orthopedic clinics, academic institutions & research laboratories, pharma-biotech & medical device companies, and clinical research organizations.

The hospital and surgical centers segment is likely to dominate the market with a constant growth rate of XX% during the forecast period. The key factors such as the expansion of 3D printing technologies coupled with the growing affordability of 3D printing services, and the rapid adoption of advanced technologies by hospitals are boosting the growth of the market.

Geographical Analysis of Global 3D Printing Medical Devices Market

The global 3D printing medical devices market is studied for various key countries of regions such as North America, Europe, Asia Pacific, and the Rest of the World.

North America is likely to hold the largest share of the 3D Printing Medical Devices market in 2021. Market growth is mainly attributed to the strong base of healthcare facilities, especially hospitals and diagnostic imaging centers, and the growing installation base for a 3D printer in healthcare facilities.

Market Players of Global 3D Printing Medical Devices Market

The key players in the global 3D printing medical devices market are Stratasys Ltd., 3D Systems Corporation, Materialise NV, Envisiontec GmbH, Eos GmbH Electro Optical Systems, Renishaw PLC., 3T RPD, Ltd., Arcam AB, Concept Laser GmbH and Prodways among others.

Key Developments in Global Printing Medical Devices Market
  • March 2021: Stratasys Ltd., launched a J5 Denta Jet 3D Poly Jet printer to be used by dental laboratories.
  • April 2020: SLM Solutions has formally entered into a strategic partnership with Canwell Medical. Canwell Medical chosen to use SLM machines for product development of 3D printed surgical implants.
Contents

Chapter 1. Market Summary
1.1 Market Definition and Scope of the Report

Chapter 2. Executive Summary
2.1 Summary
2.2 Key Highlights of the Market

Chapter 3. Research Methodologies
3.1 Approaches

Chapter 4. Market Outlook 
4.1 Market Drivers
4.2 Market Restraints

Chapter 5. Economic Impact of COVID-19
5.1 Overall Impact of COVID
5.2 Impact of COVID on 3D Printing Medical Devices Market
5.3 Economic Impact Analysis

Chapter 6. Global 3D Printing Medical Device Market by Component
6.1 Overview
6.2 3D Printing Equipment
6.3 Material
6.3.1 Plastics
6.3.2 Metal and Metal Alloy Powders
6.3.3 Biomaterials
6.3.4 Other
6.4 Service and Software

Chapter 7. Global Airway Management Device Market by Technology 
7.1 Overview
7.2 Photopolymerization
7.2.1 Digital Light Processing
7.2.2 Stereolithography
7.2.3 Two-Photon Polymerization (2PP)
7.3 Droplet Deposition (DD) or Extrusion-Based Technologies
7.3.1 Fused Deposition Modelling (FDM)
7.3.2 Multiphase Jet Solidification (MJS)
7.3.3 Low-Temperature Deposition Manufacturing (LDM)
7.4 Laser Beam Melting (KBM)
7.4.1 Selective Laser Melting
7.4.2 Direct Metal Laser Sintering (DMLS)
7.4.3 Selective Laser Sintering (SLS)
7.4.4 Lasercusing
7.5 Electron Beam Melting (EBM)
7.6 Three-Dimensional Printing (3DP) or Adhesion Bonding

Chapter 8. Global Airway Management Device Market by Medical Product
8.1 Overview
8.2 Surgical Guides
8.2.1 Dental Guides
8.2.2 Craniomaxillofacial (CMF) Guides
8.2.3 Orthopaedic Guides
8.3 Surgical Instruments
8.3.1 Surgical Fasteners
8.3.2 Scalpels
8.3.3 Retractors
8.4 Prosthetics and Implants
8.4.1 Standard Implants
8.4.2 Custom Implants
8.5 Tissue Engineering Product
8.5.1 Bone and Cartilage Scaffolds
8.5.2 Ligament and Tendon Scaffolds

Chapter 9. Global Airway Management Device Market by End User
9.1 Overview
9.2 Hospitals & Surgical Centers
9.3 Dental & Orthopedic Clinics
9.4 Academic Institutions & Research Laboratories
9.5 Pharma-Biotech & Medical Device Companies
9.6 Clinical Research Organizations

Chapter 10. 3D Printing Medical Devices Market by Geography
10.1 Overview
10.2 North America
10.2.1 Overview
10.2.2 The US
10.2.3 Mexico
10.2.4 Canada
10.3 Europe
10.3.1 Overview
10.3.2 The UK
10.3.3 Germany
10.3.4 France
10.3.5 Italy
10.3.6 Spain
10.3.7 Rest of Europe
10.4 Asia Pacific
10.4.1 Overview
10.4.2 India
10.4.3 China

4.4 Japan
10.4.5 Rest of APAC
10.5 Rest of the World
10.5.1 Overview
10.5.2 Latin America
10.5.3 Middle East and Africa

Chapter 11. Competitive Landscape
11.1 Overview
11.2 Key Developments
11.2.1 Product Launch
11.2.2 Mergers and Acquisition
11.2.3 Business Expansion
11.2.4 Others

Chapter 11. Company Profiling
11.1 Stratasys Ltd.
11.1.1 Overview
11.1.2 Financials
11.1.3 Products and Services
11.1.4 Key Developments
11.1.5 Contact Details
11.2 3D Systems Corporation
11.2.1 Overview
11.2.2 Financials
11.2.3 Products and Services
11.2.4 Key Developments
11.2.5 Contact Details
11.3 Materialise NV
11.3.1 Overview
11.3.2 Financials
11.3.3 Products and Services
11.3.4 Key Developments
11.3.5 Contact Details
11.4 Envisiontec GmbH
11.4.1 Overview
11.4.2 Financials
11.4.3 Products and Services
11.4.4 Key Developments
11.4.5 Contact Details
11.5 Electro Operating Systems GmbH
11.5.1 Overview
11.5.2 Financials
11.5.3 Products and Services
11.5.4 Key Developments
11.5.5 Contact Details
11.6 Renishaw Plc
11.6.1 Overview
11.6.2 Financials
11.6.3 Products and Services
11.6.4 Key Developments
11.6.5 Contact Details
11.7 3T RPD
11.7.1 Overview
11.7.2 Financials
11.7.3 Products and Services
11.7.4 Key Developments
11.7.5 Contact Details
11.8 Arcam, Ltd.
11.8.1 Overview
11.8.2 Financials
11.8.3 Products and Services
11.8.4 Key Developments
11.8.5 Contact Details
11.9 Concept Laser GmbH
11.9.1 Overview
11.9.2 Financials
11.9.3 Products and Services
11.9.4 Key Developments
11.9.5 Contact Details
11.10 Prodways
11.10.1 Overview
11.10.2 Financials
11.10.3 Products and Services
11.10.4 Key Developments
11.10.5 Contact Details

 

Key Players
  • Stratasys Ltd.
  • 3D Systems Corporation
  • Materialise NV
  • Envisiontec GmbH
  • Eos GmbH Electro Optical Systems
  • Renishaw PLC.
  • 3T RPD, Ltd.
  • Arcam AB
  • Concept Laser GmbH
  • Prodways
Market Segments

By Component

  • 3D Printing Equipment
    • Materials
    • Plastics
    • Metal and Metal Alloy Powders
    • Biomaterials
    • Other
  • Services and Software

By Technology

  • Photopolymerization
    • Digital Light Processing
    • Stereolithography
    • Two-Photon Polymerization (2PP)
  • Droplet Deposition (DD) Or Extrusion-Based Technologies
    • Fused Deposition Modeling (FDM)
    • Multiphase Jet Solidification (MJS)
    • Low-Temperature Deposition Manufacturing (LDM)
  • Laser Beam Melting (KBM)
    • Selective Laser Melting (SLM)
    • Direct Metal Laser Sintering (DMLS)
    • Selective Laser Sintering (SLS)
    • Lasercusing
  • Electron Beam Melting (EBM)
  • Three Dimensional Printing (3DP) Or Adhesion Bonding

By Medical Product

  • Surgical Guides
    • Dental Guides
    • Craniomaxillofacial (CMF) Guides
    • Orthopedic Guides
  • Surgical Instruments
    • Surgical Fasteners
    • Scalpels
    • Retractors
  • Prosthetics and Implants
    • Standard Implants
    • Custom Implants
  • Tissue Engineering Products
    • Bone and Cartilage Scaffolds
    • Ligament and Tendon Scaffolds

By End User

  • Hospitals & Surgical Centers
  • Dental & Orthopedic Clinics
  • Academic Institutions & Research Laboratories
  • Pharma-Biotech & Medical Device Companies
  • Clinical Research Organizations

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

 

Order this Report

Have questions about the scope of the report ?

Have specific requirements ?

Budget Constraints ?

Related Reports

Antidepressants are a class of drugs that are…
Pharmaceutical rubber stoppers and seals are components used…
A dental dam is a thin, square-shaped sheet…
Lab Automation in Drug Discovery is the use…
Foot orthotic insoles are devices that are inserted…
Veterinary Blood Glucose is a measure of the…
Benign prostatic hyperplasia (BPH), also known as benign…
The Medical Health Screening Services Market size was…
Automated and Closed Cell Therapy Processing Systems are…
Carboprost tromethamine is a synthetic prostaglandin analog that…