What is the medical future of 3D printing?

What is the medical future of 3D printing?

3D printing is used for the development of new surgical cutting and drill guides, prosthetics as well as the creation of patient-specific replicas of bones, organs, and blood vessels. Recent advances of 3D printing in healthcare have led to lighter, stronger and safer products, reduced lead times and lower costs.

How many hospitals use 3D printing?

The image processing software is licensed by more than 400 hospital labs around the world, helping them to segment 2D images of patient anatomy before using 3D printing to produce lifelike models and other medical devices. A surgeon & radiologist discuss the printing of a heart model.

How big is the medical device market?

The global medical devices market in 2020 was valued at $456.9 billion, which is an increase at a compounded annual growth rate (CAGR) of 4.4% since 2015. Despite an expected decline of -3.2% in 2020, it is expected to rebound in 2021 with a 6.1% CAGR and reach $603.5 billion in 2023.

How big is the 3D market?

b. The global 3D printing market size was estimated at USD 13.84 billion in 2021 and is expected to reach USD 16.75 billion in 2022….

Report Attribute Details
Market size value in 2022 USD 16.75 billion
Revenue forecast in 2030 USD 76.17 billion
Growth Rate CAGR of 20.8% from 2022 to 2030
Base year for estimation 2021

How much is a medical 3D printer?

For example, 3D printing is capable of improving existing surgical procedures and can assist with organ transplantation. The average 3D printer can cost anywhere from $5,000 to $50,000, depending on how complex the machine is.

How do 3D printers help the healthcare industry?

As the price of high-performance 3D printers decreases, more medical professionals use 3D printing to produce cost-efficient customized devices in short periods of time, to design patient-tailored anatomical models, to identify revolutionizing clinical solutions and to create new treatments adapted to patients’ needs.

How is 3D printing used in the medical industry?

Because this type of manufacturing does not rely on molds or multiple pieces of specialized equipment and designs can rapidly be modified, 3D printing can also be used for creating patient-matched products based on the patient’s anatomy. Examples include joint replacements, cranial implants, and dental restorations.

How has 3D printing helped the medical industry?

3D printing has virtually become a synonym for rapid prototyping. The ease of use and low cost of in-house 3D printing has also revolutionized product development and many manufacturers of medical tools have adopted the technology to produce brand new medical devices and surgical instruments.

How much is the medical device industry worth 2021?

USD 186.5 billion
How big is the U.S. medical device manufacturers market? b. The U.S. medical device manufacturers market is estimated at USD 176.7 billion in 2020 and is expected to reach USD 186.5 billion in 2021.

What is the 3D printing market worth?

Market Overview The 3D printing market was valued at USD 13.7 billion in 2020, and it is expected to reach a value of USD 63.46 billion by 2026, at a CAGR of 29.48% over the forecast period (2021 – 2026).

What are 2 trends in 3D printing?

Some of the key trends for 2022 seen already include (1) proliferation of high-temperature, material extrusion thermoplastic printers (2) composites, (3) Binder Jetting for metal, and (4) company growth by way of consolidation.

Why should you buy this global 3D printing medical devices market report?

The Global 3D Printing Medical Devices Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Which segment of the 3D printing market accounted for 40% market share?

The syringe segment accounted for over 40% market share in 2020 and will expand with the rising demand for 3D printers in embedded printing, food printing and bioprinting. Which are the trends in fused deposition modeling boosting healthcare 3D printing market value?

What factors are driving the growth of the 3D printing market?

Increasing dental implants, orthopedic diseases, highly customizable and easy-to-use medical products can be developed using 3d printing, increasing application of 3D printing in healthcare and pharmaceutical sectors, are the factors that will boost the market during the forecasted period.

Who are the leading manufacturers of 3D printers?

Stratasys Ltd., Envisiontec GmbH, 3D Systems Corporation, EOS GmbH Electro Optical Systems, Renishaw plc, Materialise NV, Arcam AB, 3T RPD Ltd., Concept Laser GmbH, Prodways Group.