Scope of the Report

The global 3D printed medical implants market report provides a thorough assessment of the COVID-19 impact on the current and future market dynamics across various geographies. Starting with an informative market overview, the report explains the market definition and the latest trends prevalent in the industry. Further, the report provides an exhaustive analysis of accurate data required for the business continuity and contingency strategies adopted by industry leaders. The executive summary casts light on CAGR information, the largest end user, largest geographic region, and the important drivers, challenges, and trends, using attractive graphical images. 

Market Overview

The 3D printed medical implants market is growing rapidly. Although in its early stage in healthcare applications, the 3D printing technology holds strong potential for a wide variety of applications in medical implants. The technology had evolved dramatically over recent years, these advances have helped the integration of 3D printing with various types of biocompatible and bioresorbable materials. This, in turn, has increased the preference for 3D printed medical implants in orthopedic surgeries and dentistry. 

Moreover, rising RD expenditures and substantial investments made available by the public and private sectors to enable new product launch and technology upgrade, escalate the market growth to furthered height. According to Market Research Future (MRFR), the global 3D printed medical implants market is projected to create a valuation of USD 1,124.68 MN by 2024, registering around 18.1% CAGR throughout the forecast period (2019-2024). The growing 3D printed surgical models market push the market growth further. 

Besides, factors such as the rising usages of 3D printing technology to print tissues organs and the spurting growth in 3D printing healthcare market, act as key tailwinds for the growth of the market. Additionally, increasing cases of bone-dental disorders, accidents, and injuries drive the demand for bone implants, causing severe injuries to bone and dental structures. Also, increasing numbers of orthopedic surgeries and the need for dental implants create enormous market demand. 

Factors such as huge uptake of advanced technology in the 3d printing medical devices market and strategic investments by leading players, foster the market increase. Augmenting demand for bone implants increases 3d printing in healthcare statistics. The burgeoning medical implant sector and dentistry, are benefitting with the technology the most. Resultantly, the growth trajectory of these sectors defines the increasing landscape of the 3D printed medical implants market. 

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3D Printed Medical Implants Market -   Segments

The report is segmented into five market dynamics;

By Component                              : Material, Services, and Systems.

By Implantation Technology    : Laser Beam Melting, Electronic Beam Melting, Droplet Deposition, and others.

By Application                              : Dental, Orthopedic, Cranio-Maxillofacial, and others.

By End User                                   : Hospitals, Medical Device Companies, Research and Academic Institutes, and others.

By Regions                                     : Asia Pacific, North America, Europe, and the Rest-of-the-World.

3D Printed Medical Implants Market -   Geographical Analysis

North America dominates the global 3D printed medical implants market. The largest market share attributes to the presence of a large number of implant manufacturers and 3D printing technology providers. Also, increasing research development activities led by substantial investments made by public and private organizations foster regional market growth. The North American 3D Printed medical implants market is projected to retain its dominance over the global market throughout the assessment period.

Europe stands second in the global 3D printed medical implants market. The market is driven by the huge demand for 3D printing technology in the dental and medical implant sector. Moreover, increasing uses of 3D printing enabled technology in the medical device sector, drive the growth of the regional market. The region witnesses increasing production of 3D printing-enabled implants. The European 3D printed medical implants market is expected to grow at a phenomenal CAGR during the forecast period.

The 3D printed medical implants market in the Asia Pacific region is growing rapidly. Factors such as increasing financial support by government bodies and private public companies for RD required for innovations drive the regional market growth.  Besides, the growing markets in India and China, backed by improved healthcare services, provide an impetus to the growth of the regional market. The APAC 3D printed medical implants market is projected to register the highest CAGR during the forecast period.

Global 3D Printed Medical Implants Market -   Competitive landscape

Highly competitive, the 3D printed medical implants market appears fragmented due to the presence of several well-established industry players and technology providers. To gain a larger competitive share, players incorporate strategic initiatives such as acquisitions mergers, expansion, collaboration, and product technology launch. They make substantial investments to increase their global footprints and to drive RD activities. 

Major Players: 

Players leading the 3D printed medical implants market include Materialise, Renishaw PLC, 3D Systems, Inc., Stratasys Ltd., ENVISIONTEC, Inc., Arcam AB, SLM Solutions, Oxford Performance Materials, Bio3D Technologies, Cyfuse Biomedical KK, TRUMPF, ADEISS, OsseoMatrix, AnatomikModeling, and EIT Emerging Implant Technologies, among others.

Industry/ Innovation /Related News: 

June 10, 2020 ---- Dutch companies, Admatec Europe BV, and Cam Bioceramics BV, announced their partnership to offer powerful material for applications such as surgical instruments and long-term implants. Admatec Europe BV (Netherlands) is a 3D printer manufacturer, and Cam Bioceramics BV (Netherlands) is an orthobiologic calcium phosphate contract manufacturer. CAM Bioceramics’ medical-grade ceramic materials and Admaflex DLP 3D printing systems together offer a biocompatible and bioresorbable ceramic material with design freedom for medical centers and device manufacturers alike.

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