3D printing, also referred as additive manufacturing, is used to manufacture several medical devices in the healthcare sector such as orthopedic and cranial implants, surgical instruments, dental restorations such as crowns, and external prosthetics.
The global 3D printed medical devices market is estimated to account for US$ 1,737.5 Mn in terms of value by the end of 2027.
Figure 1. Global 3D Printed Medical Devices Market Value (US$ Mn), by Region, 2019
PolyJet / InkJet 3D Printing segment in the global 3D printed medical devices market was valued at US$ 89.3 Mn in 2019 and is expected to reach US$ 348.1 Mn by 2027 at a CAGR of 18.4% during the forecast period.
Market Trends/Key Takeaways
Major players in the market are focused on developing porous 3D printed PEEK porous medical implants. For instance, in January 2020, FossiLabs, LLC, a US-based medical 3D printing start-up, launched its FFF 3D printed bone-like scaffolding structures using a porous PEEK material.
The market is also witnessing collaboration and partnership activities among players. For instance, in June 2019, PrinterPrezz, the U.S.-based medical 3D printing service bureau, partnered with UCSF Surgical Innovations to develop new 3d printed medical devices.
Global 3d Printed Medical Devices Market Report Snapshots
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