Analysts’ Viewpoint on Market Scenario
Due to interruptions in the supply of key medical equipment amid the ongoing COVID-19 pandemic, companies in the 3D printing in medical applications market are capitalizing on this opportunity to provide hospital respiratory support apparatus. Even though the 3D printing technology has many technical and regulatory challenges, med-tech companies should increase R&D investment to resolve these challenges and increase focus on the development of pharmaceutical formulations. The 3D printing has potentials to accelerate the design process by iterating complex designs in days instead of weeks. In-house 3D printing is playing an instrumental role in reducing the lead-time for prototypes. Professionals around the world are using 3D printing to re-invent patient- and customer-specific insoles and orthoses.
Affordable prostheses, bio-printing, and new medical devices are transforming 3D printing in medical applications industry. As children grow and get into adventures, they inevitably outgrow their prostheses and require expensive repairs. The lack of manufacturing processes is providing impetus to 3D printing’s much-noted design freedom to mitigate high financial barriers to treatment.
Innovative platforms are supporting entire communities around the world to design 3D-printed prostheses. Companies in the global market for 3D printing in medical applications are taking advantage of this to gain information through open-source designs to increase the availability of custom-designed prostheses that are well-adapted for budget-strained individuals.
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The 3D printing community is refocusing its medical attention internationally by capitalizing on centralized large-scale manufacturing facilities as well as local distributed manufacturing of verified and tested CAD (Computer Aided Design) files amid the ongoing COVID-19 pandemic. Companies in the 3D printing in medical applications market are increasing efforts to support multiple medical, engineering, and other societies to work on common needs.
Due to challenges created by the pandemic, companies in 3D printing in medical application business are facing hurdles to ensure the clinical effectiveness of many devices manufactured according to CAD files. Nevertheless, participants in the market are taking the help of government stimulus packages to ensure business continuity. They are increasing R&D to test devices approved for frontline clinical use by relevant regulatory bodies.
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Even though 3D printing technology has many technical and regulatory challenges, these problems are being solved by increasing R&D investment. This investment is necessary for the development of new medicines and for accelerating the arrival of personalized & intelligent drug delivery.
3D printing has the potential to realize the precise shaping of a variety of materials and overcome the issues of conventional preparation technology in many aspects. This technology is providing new methods for pharmaceutical investigation and fosters the development of personalized drug delivery.
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The 3D printed anatomical models from patient scan data are becoming increasingly useful tools in today’s practice of personalized and precision medicine. Healthcare professionals, research organizations, and hospitals across the globe are using 3D-printed anatomical models as reference tools for preoperative planning, intraoperative visualization, and pre-fitting medical equipment, as both routine and highly complex procedures are being documented in hundreds of publications.
It has been found that producing patient-specific and tactile reference models from CT (Computed Tomography) and MRI (Magnetic Resonance Imaging) scans is cost-efficient and straightforward with 3D printing. Such findings are translating into revenue opportunities for healthcare companies in the 3D printing in the medical application market.
3D printing has virtually become a synonym for rapid prototyping. The ease of use and low cost of in-house 3D printing is revolutionizing product development and the designing of surgical instruments. Such trends are contributing to the expansion of 3D printing in medical application market.
Top med-tech companies are using 3D printing to generate accurate prototypes of medical devices as well as jigs and fixtures to simplify testing. In-house 3D printing is eliminating the hassles associated with outside print vendors for prototypes. The 3D printing technology is helping to accelerate production rates and significantly reduce costs for prototyping.
Attribute | Detail |
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Market Size Value in 2020 | US$ 893.9 Mn |
Market Forecast Value in 2028 | US$ 2.76 Bn |
Growth Rate (CAGR) | 15.5% |
Forecast Period | 2021-2028 |
Quantitative Units | US$ Mn for Value |
Market Analysis | It includes cross-segment analysis at the global as well as regional levels. Moreover, the qualitative analysis includes drivers, restraints, opportunities, key trends, and a parent industry overview. |
Competition Landscape |
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Format | Electronic (PDF) + Excel |
Market Segmentation |
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Regions Covered |
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Companies Profiled |
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Customization Scope | Available upon request |
Pricing | Available upon request |
3D Printing in Medical Applications Market – Segmentation
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Global 3D printing in the medical application market is expected to cross the value of US$ 2.76 Bn by the end of 2028
3D printing in the medical application market is estimated to expand at a CAGR of 15.5% from 2021 to 2028
3D printing in the medical application market is driven by a rise in the trend of customized 3D printed medical products and an increase in the number of medical applications
North America accounted for a major share of the global market for 3D printing in medical application
Key players in the global market for 3D printing in medical applications are Nanoscribe GmbH, 3D Systems Corporation, EnvisionTEC GmbH, Voxeljet Technology GmbH, and Stratasys Ltd.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global 3D Printing in Medical Application
4. Market Overview
4.1. Introduction
4.1.1. Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global 3D Printing in Medical Application Analysis and Forecast, 2017-2028
5. Key Insights
5.1. Regulatory Scenario, by Region/globally
5.2. Key Mergers & Acquisitions
5.3. Technological Advancements
5.4. COVID-19 Pandemics Impact on Industry
6. Global 3D Printing in Medical Application Analysis and Forecast, By Application
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Application, 2017-2028
6.3.1. Surgical Guides
6.3.1.1. Orthopedic
6.3.1.2. Dental
6.3.1.3. Cranio-maxillofacial
6.3.2. Implants
6.3.2.1. Orthopedic
6.3.2.2. Dental
6.3.2.3. Cranio-maxillofacial
6.3.3. Surgical Instruments
6.3.4. Bioengineering
6.4. Market Attractiveness By Application
7. Global 3D Printing in Medical Application Analysis and Forecast, By Technology
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Technology, 2017-2028
7.3.1. Electron Beam Melting (EBM)
7.3.2. Laser Beam Melting (LBM)
7.3.3. Photopolymerization
7.3.4. Stereolithography
7.3.4.1. Two Photon Polymerization
7.3.4.2. Digital Light Processing
7.3.5. Droplet Deposition Manufacturing
7.4. Market Attractiveness Analysis, By Technology
8. Global 3D Printing in Medical Application Analysis and Forecast, By Raw Material
8.1. Introduction & Definition
8.2. Key Findings / Developments
8.3. Market Value Forecast, by Raw Material, 2017-2028
8.3.1. Metals
8.3.2. Polymers
8.3.3. Ceramics
8.3.4. Biological Cells
8.4. Market Attractiveness Analysis, By Raw Material
9. Global 3D Printing in Medical Application Analysis and Forecast, By Region
9.1. Key Findings
9.2. Market Value Forecast, by Region
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Latin America
9.2.5. Middle East & Africa
9.3. Market Attractiveness Analysis, By Country/Region
10. North America 3D Printing in Medical Application Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value Forecast, by Application, 2017-2028
10.2.1. Surgical Guides
10.2.1.1. Orthopedic
10.2.1.2. Dental
10.2.1.3. Cranio-maxillofacial
10.2.2. Implants
10.2.2.1. Orthopedic
10.2.2.2. Dental
10.2.2.3. Cranio-maxillofacial
10.2.3. Surgical Instruments
10.2.4. Bioengineering
10.3. Market Value Forecast, by Technology, 2017-2028
10.3.1. Electron Beam Melting (EBM)
10.3.2. Laser Beam Melting (LBM)
10.3.3. Photopolymerization
10.3.4. Stereolithography
10.3.4.1. Two Photon Polymerization
10.3.4.2. Digital Light Processing
10.3.5. Droplet Deposition Manufacturing
10.4. Market Value Forecast, by Raw Material, 2017-2028
10.4.1. Metals
10.4.2. Polymers
10.4.3. Ceramics
10.4.4. Biological Cells
10.5. Market Value Forecast, by Country, 2017-2028
10.5.1. U.S.
10.5.2. Canada
10.6. Market Attractiveness Analysis
10.6.1. By Application
10.6.2. By Technology
10.6.3. By Raw Material
10.6.4. By Country
11. Europe 3D Printing in Medical Application Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast, by Application, 2017-2028
11.2.1. Surgical Guides
11.2.1.1. Orthopedic
11.2.1.2. Dental
11.2.1.3. Cranio-maxillofacial
11.2.2. Implants
11.2.2.1. Orthopedic
11.2.2.2. Dental
11.2.2.3. Cranio-maxillofacial
11.2.3. Surgical Instruments
11.2.4. Bioengineering
11.3. Market Value Forecast, by Technology, 2017-2028
11.3.1. Electron Beam Melting (EBM)
11.3.2. Laser Beam Melting (LBM)
11.3.3. Photopolymerization
11.3.4. Stereolithography
11.3.4.1. Two Photon Polymerization
11.3.4.2. Digital Light Processing
11.3.5. Droplet Deposition Manufacturing
11.4. Market Value Forecast, by Raw Material, 2017-2028
11.4.1. Metals
11.4.2. Polymers
11.4.3. Ceramics
11.4.4. Biological Cells
11.5. Market Value Forecast, by Country/Sub-region, 2017-2028
11.5.1. Germany
11.5.2. U.K.
11.5.3. France
11.5.4. Italy
11.5.5. Spain
11.5.6. Rest of Europe
11.6. Market Attractiveness Analysis
11.6.1. By Application
11.6.2. By Technology
11.6.3. By Raw Material
11.6.4. By Country/Sub-region
12. Asia Pacific 3D Printing in Medical Application Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast, by Application, 2017-2028
12.2.1. Surgical Guides
12.2.1.1. Orthopedic
12.2.1.2. Dental
12.2.1.3. Cranio-maxillofacial
12.2.2. Implants
12.2.2.1. Orthopedic
12.2.2.2. Dental
12.2.2.3. Cranio-maxillofacial
12.2.3. Surgical Instruments
12.2.4. Bioengineering
12.3. Market Value Forecast, by Technology, 2017-2028
12.3.1. Electron Beam Melting (EBM)
12.3.2. Laser Beam Melting (LBM)
12.3.3. Photopolymerization
12.3.4. Stereolithography
12.3.4.1. Two Photon Polymerization
12.3.4.2. Digital Light Processing
12.3.5. Droplet Deposition Manufacturing
12.4. Market Value Forecast, by Raw Material, 2017-2028
12.4.1. Metals
12.4.2. Polymers
12.4.3. Ceramics
12.4.4. Biological Cells
12.5. Market Value Forecast, by Country/Sub-region, 2017-2028
12.5.1. China
12.5.2. Japan
12.5.3. India
12.5.4. Australia & New Zealand
12.5.5. Rest of Asia Pacific
12.6. Market Attractiveness Analysis
12.6.1. By Application
12.6.2. By Technology
12.6.3. By Raw Material
12.6.4. By Country/Sub-region
13. Latin America 3D Printing in Medical Application Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast, by Application, 2017-2028
13.2.1. Surgical Guides
13.2.1.1. Orthopedic
13.2.1.2. Dental
13.2.1.3. Cranio-maxillofacial
13.2.2. Implants
13.2.2.1. Orthopedic
13.2.2.2. Dental
13.2.2.3. Cranio-maxillofacial
13.2.3. Surgical Instruments
13.2.4. Bioengineering
13.3. Market Value Forecast, by Technology, 2017-2028
13.3.1. Electron Beam Melting (EBM)
13.3.2. Laser Beam Melting (LBM)
13.3.3. Photopolymerization
13.3.4. Stereolithography
13.3.4.1. Two Photon Polymerization
13.3.4.2. Digital Light Processing
13.3.5. Droplet Deposition Manufacturing
13.4. Market Value Forecast, by Raw Material, 2017-2028
13.4.1. Metals
13.4.2. Polymers
13.4.3. Ceramics
13.4.4. Biological Cells
13.5. Market Value Forecast, by Country/Sub-region, 2017-2028
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Market Attractiveness Analysis
13.6.1. By Application
13.6.2. By Technology
13.6.3. By Raw Material
13.6.4. By Country/Sub-region
14. Middle East & Africa 3D Printing in Medical Application Analysis and Forecast
14.1. Introduction
14.1.1. Key Findings
14.2. Market Value Forecast, by Application, 2017-2028
14.2.1. Surgical Guides
14.2.1.1. Orthopedic
14.2.1.2. Dental
14.2.1.3. Cranio-maxillofacial
14.2.2. Implants
14.2.2.1. Orthopedic
14.2.2.2. Dental
14.2.2.3. Cranio-maxillofacial
14.2.3. Surgical Instruments
14.2.4. Bioengineering
14.3. Market Value Forecast, by Technology, 2017-2028
14.3.1. Electron Beam Melting (EBM)
14.3.2. Laser Beam Melting (LBM)
14.3.3. Photopolymerization
14.3.4. Stereolithography
14.3.4.1. Two Photon Polymerization
14.3.4.2. Digital Light Processing
14.3.5. Droplet Deposition Manufacturing
14.4. Market Value Forecast, by Raw Material, 2017-2028
14.4.1. Metals
14.4.2. Polymers
14.4.3. Ceramics
14.4.4. Biological Cells
14.5. Market Value Forecast, by Country/Sub-region, 2017-2028
14.5.1. GCC Countries
14.5.2. South Africa
14.5.3. Rest of Middle East & Africa
14.6. Market Attractiveness Analysis
14.6.1. By Application
14.6.2. By Technology
14.6.3. By Raw Material
14.6.4. By Country/Sub-region
15. Competition Landscape
15.1. Market Player - Competition Matrix (by tier and size of companies)
15.2. Market Share Analysis, by Company, 2020
15.3. Company Profiles
15.3.1. Nanoscribe GmbH
15.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)
15.3.1.2. Financial Analysis
15.3.1.3. Growth Strategies
15.3.1.4. SWOT Analysis
15.3.2. 3D Systems Corporation
15.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)
15.3.2.2. Financial Analysis
15.3.2.3. Growth Strategies
15.3.2.4. SWOT Analysis
15.3.3. F. EnvisionTEC GmbH
15.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)
15.3.3.2. Financial Analysis
15.3.3.3. Growth Strategies
15.3.3.4. SWOT Analysis
15.3.4. Voxeljet Technology GmbH
15.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)
15.3.4.2. Financial Analysis
15.3.4.3. Growth Strategies
15.3.4.4. SWOT Analysis
15.3.5. Stratasys Ltd.
15.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)
15.3.5.2. Financial Analysis
15.3.5.3. Growth Strategies
15.3.5.4. SWOT Analysis
15.3.6. Materialise NV
15.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)
15.3.6.2. Financial Analysis
15.3.6.3. Growth Strategies
15.3.6.4. SWOT Analysis
15.3.7. Eos GmbH Electro Optical Systems
15.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)
15.3.7.2. Financial Analysis
15.3.7.3. Growth Strategies
15.3.7.4. SWOT Analysis
List of Tables
Table 1: Market Snapshot: 3D Printing in Medical Application Market (2012 & 2019)
Table 2: Global 3D Printing in Medical Application Market Revenue (US$ Mn), by Application, 2021-2028
Table 3: Global 3D Printing in Medical Implants Market Value (US$ Mn), by Type, 2021-2028
Table 4: Global 3D Printing in Surgical Guides Market Value, by Type, 2021-2028
Table 5: Global 3D Printing in Medical Application Market Value (US$ Mn), by Technology, 2021-2028
Table 6: Global Electron Beam Melting in Medical Application Market Value (US$ Mn), by Application, 2021-2028
Table 7: Global Laser Beam Melting in Medical Application Market Value (US$ Mn), by Application, 2021-2028
Table 8: Global Photopolymerization in Medical Application Market Value (US$ Mn), by Types, 2021-2028
Table 9: Global Photopolymerization Market Value (US$ Mn), by Application, 2021-2028
Table 10: Global Droplet Deposition Manufacturing in Medical Application Market Value (US$ Mn), by Types, 2021-2028
Table 11: Global Droplet Deposition Manufacturing in Medical Application Market Value (US$ Mn), by Application, 2021-2028
Table 12: Global 3D Printing Raw Material in Medical Application Market Value (US$ Mn), by Types, 2021-2028
Table 13: Global 3D Printing in Medical Application Market Value (US$ Mn), by Geography, 2021-2028
List of Figures
Figure 1: Comparative Analysis: Global 3D Printing Market, by Application, 2021 & 2028 (%)
Figure 2: Global 3D Printing in Medical Application Market Segmentation
Figure 3: Global 3D Printing in Medical Application Market, by Technology, 2020
Figure 4: Global 3D Printing in Medical Application Market, by Application, 2020
Figure 5: Global 3D Printing Market: Drivers and Restraints
Figure 6: Porter’s five forces analysis for 3D printing in Medical Application Market
Figure 7: Market Attractiveness Analysis: 3D Printing Market, by Geography
Figure 8: Global 3D Printing Market Share Analysis of Key Players
Figure 9: Global 3D Printing in Medical Application Market Segmentation, by Medical Application
Figure 10: Global 3D Printed Dental Implants Market Value (US$ Mn), 2021-2028
Figure 11; Global 3D Printed Orthopedic Implants Market Value (US$ Mn), 2021-2028
Figure 12: Global 3D Printed Cranio-maxillofacial Implants Market Value (US$ Mn), 2021-2028
Figure 13: Global 3D Printed Bioengineering Products Market Value (US$ Mn), 2021-2028
Figure 14: Global 3D Printed Orthopedic Surgical Guides Market Value (US$ Mn), 2021-2028
Figure 15: Global 3D Printed Dental Surgical Guides Market Value (US$ Mn), 2021-2028
Figure 16: Global 3D Printed Cranio-maxillofacial Surgical Guides Market Value (US$ Mn), 2021-2028
Figure 17: Global 3D Printed Surgical Instruments Market, 2021-2028
Figure 18: Market Segmentation of 3D Printing in Medical Application, by Technology
Figure 19: Global Electron Beam Melting in Medical Application Market Value (US$ Mn), 2021-2028
Figure 20: Global Laser Beam Melting in Medical Application Market Value (US$ Mn), 2021-2028
Figure 21: Global Stereolithography Market Value (US$ Mn), 2021-2028
Figure 22: Global Digital Light Processing in Medical Application Market Value (US$ Mn), 2021-2028
Figure 23: Global Two Photon Polymerization in Medical Application Market Value (US$ Mn), 2021-2028
Figure 24: Global Inkjet Printing in Medical Application Market Value (US$ Mn), 2021-2028
Figure 25: Global Fused Deposition Modeling in Medical Application Market Value (US$ Mn), 2021-2028
Figure 26: Global Multiphase Jet Solidification Market Value (US$ Mn), 2021-2028
Figure 27: Global 3D Printing Metal in Medical Application Market Value (US$ Mn), 2021-2028
Figure 28: Global 3D Printing Polymers in Medical Application Market Value (US$ Mn), 2021-2028
Figure 29: Global 3D Printing Ceramics in Medical Application Market Value (US$ Mn), 2021-2028
Figure 30: Global 3D Printing Biological Cells in Medical Application Market Value (US$ Mn), 2021-2028
Figure 31: North America 3D Printing in Medical Application Market Value (US$ Mn), 2021-2028
Figure 32: Europe 3D Printing in Medical Application Market Value (US$ Mn), 2021-2028
Figure 33: Asia Pacific 3D Printing in Medical Application Market Value (US$ Mn), 2021-2028
Figure 34: Rest of the World (RoW) 3D Printing in Medical Application Market Value (US$ Mn), 2021-2028