The global 3D printing for medical sector market size was valued at US$ 542.8 Mn in 2022 and is expected to exhibit a CAGR of 11.7% over the forecast period (2023 – 2030). The technology of 3D printing is a fast-growing and affordable innovation that has considerable potential to revolutionize the delivery of healthcare and clinical practices. Its applications span a wide range, including the creation of artificial skin, livers, pills, pancreases, kidneys, orthopedic, and dental implants. Despite these advances, the current manufacturing capabilities are insufficient to accurately produce artificial organs with the exact size and shape of miniature organ parts.
The utilization of 3D printing technology in creating biological models can improve surgical training, enable personalized medication, and aid in treatment planning, ultimately leading to a better quality of life for the recipient. Though currently prevalent in dental applications, the potential for 3D printing technology is expected to expand into other medical sectors, including tissues, medicines, medical equipment, prosthetics, synthetic skin, and heart valves, in the near future.
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The growth of the global 3D printing for the medical sector market is anticipated to be driven by regular releases and the adoption of new 3D printing systems.
The global 3D printing for the medical sector market is expected to experience significant growth during the forecast period due to the frequent introduction and release of new 3D printing systems into the market.
As an example, the NextDent 5100 high-speed dental 3D printer was released by 3D Systems in August 2018. With the NextDent 5100, dental clinics and labs can create orthodontic splints, bridges, surgical guides, crowns, models, dentures, and trays with improved efficiency, speed, and accuracy, all while keeping costs lower than other comparable systems.
Materialise NV obtained approval from the US Food and Drug Administration in March 2018 for its software designed to produce 3D printing anatomical models for diagnostic purposes. This approval facilitates the establishment of point-of-care 3D printing centers within hospitals.
The anticipated market expansion during the forecast period is likely to be propelled by strategic alliances and partnerships between key players.
Major players in the market are engaged in strategic partnerships and acquisitions to broaden their product reach across large regions and increase their market share. As a result, this strategic expansion by key players across a wide geographic area is anticipated to foster a profitable atmosphere for the growth of the global 3D printing for the medical sector market.
An example of this can be seen in August 2019 when Materialise NV, a company based in Belgium that specializes in 3D printing solutions, revealed its strategic investment in Engimplan, a manufacturer of orthopedic and cranio-maxillofacial (CMF) implants and instruments located in Brazil. Materialise’s Brazilian subsidiary, Engimplan Holding Ltda, has agreed to purchase a 75% stake in Engimplan through a combination of acquiring existing and new shares.
By combining Materialise’s expertise in 3D-printed medical solutions with Engimplan’s innovative product portfolio, the Brazilian market can expect a hastened implementation of 3D-printed, personalized implants and instruments.
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The 3D printing market for medical applications is expected to experience growth through positive government policies and funding.
To promote innovation in healthcare, the U.S. government is providing funding and creating manufacturing hubs. As an example, in 2014, the National Institutes of Health launched the 3D Print Exchange, which facilitates the open-source exchange of biomedical 3D print files and tutorials.
Although the U.S. FDA currently limits 3D printing approvals to dental, cranio-maxillary, orthopedics, and tissue engineering, allowing clearance for 3D printing in other sectors would lead to a substantial increase in the growth of the 3D printing market.
Plans to establish ten 3D printing innovation centers throughout China were announced by the Chinese government in June 2013. Subsequently, in May 2016, SHINING 3D, a 3D printing firm based in China, established its new headquarters in the Zhejiang 3D industrial zone.
Top companies in the global 3D printing for medical sector market consist of Stratasys Inc., 3T RPD, Ltd., EnvisionTEC Inc., Organovo Holdings, Inc., Arcam AB, Materialise NV, 3D Systems Inc., Renishaw PLC, and Eos GmbH Electro Optical Systems.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- New Product Approvals/Launch
- Merger and Acquisitions
- Technological Advancement
- Epidemiology/Prevalence/Incidence
- Promotion and Marketing Initiatives
- Market Dynamics
- Global 3D Printing for Medical Sector Market, By Technology, 2017 – 2030 (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2030 (%)
- Y-o-Y Growth Analysis, 2017–2030
- Segment Trends
- Electron Beam Melting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Laser Beam Melting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Droplet Deposition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Photopolymerization
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global 3D Printing for Medical Sector Market, By Application, 2017 – 2030 (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2030 (%)
- Y-o-Y Growth Analysis, 2017–2030
- Segment Trends
- Tissue Engineering
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Surgical Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Healthcare Wearable Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Others (Drug testing and Anatomical models)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global 3D Printing for Medical Sector Market, By End User, 2017 – 2030 (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2030 (%)
- Y-o-Y Growth Analysis, 2017–2030
- Segment Trends
- Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Medical Industries
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Academic and Research Institutions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global 3D Printing for Medical Sector Market, By Region, 2017 – 2030 (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2019 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017–2030
- North America
- Market Size and Forecast, By Technology, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 – 2030 (US$ Mn)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Technology, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 – 2030 (US$ Mn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Technology, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 – 2030 (US$ Mn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Technology, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 – 2030 (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- Market Size and Forecast, By Technology, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Country/Region, 2017 – 2030 (US$ Mn)
- Central Africa
- South Africa
- North Africa
- Middle East
- Market Size and Forecast, By Technology, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Application, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2017 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2017 – 2030 (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- 3T RPD, Ltd.
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- EnvisionTEC, Inc.
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Arcam AB
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 3D Systems, Inc.
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Eos GmbH Electro Optical Systems
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Renishaw PLC.
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Stratasys Inc.
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Materialise NV
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Organovo Holdings, Inc.
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 3T RPD, Ltd.
- Section
- References
- Research Methodology
- About us and Sales Contact
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