Overview and Scope
3D printed prosthetics are artificial devices that replace a missing body part and are manufactured by laying successive layers of material using inputs from a digital 3D model.
Sizing and Forecast
The 3d printed prosthetics market size has grown strongly in recent years. It will grow from $1.04 billion in 2023 to $1.13 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to growth in customization for individual users, cost-efficiency and affordability, collaborations and partnerships, patient-specific solutions, regulatory approvals and quality standards, .
The 3d printed prosthetics market size is expected to see strong growth in the next few years. It will grow to $1.56 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to remote monitoring and adjustments, expansion of pediatric applications, biocompatible material advancements, global accessibility initiatives, rising awareness and acceptance. Major trends in the forecast period include incorporation of sensory technologies, technological convergence, regulatory adaptation to technological advances, advancements in 3d printing technology, integration of bionic technology.
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Segmentation & Regional Insights
The 3d printed prosthetics market covered in this report is segmented –
1) By Type: Sockets, Limbs, Joints, Covers, Other Types
2) By Material: Polypropylene, Polyethylene, Acrylics, Polyurethane
3) By End-User: Hospitals, Rehabilitation Centers, Prosthetic Clinics
North America was the largest region in the 3D printing medical prosthetics market in 2023. Asia-Pacific was the second-largest region in the global 3D printed prosthetics market. The regions covered in the 3d printed prosthetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising number of accidental injuries is driving the growth of the 3D printing prosthetic devices market. Accidental injuries can cause serious damage to a person, and these injuries can sometimes lead to amputation. In 2021, car crashes in the US resulted in the death of 42915 people which was the highest in 16 years. According to a report from National Centre for Health Statistics, approximately 50,000 new amputation cases come up each year in the US. An increase in incidences of other medical conditions such as diabetes and vascular diseases is also leading to a rise in amputation cases, thus boosting the sales of 3D printing prosthetics. For instance, according to a report published in the American Journal of Managed Care, it was estimated that, globally, one patient leg is amputated every 30 seconds and around 85% of these amputations were a result of a diabetic foot ulcer.
Key Industry Players
Major companies operating in the 3d printed prosthetics market report are HP Inc., Laser GmbH, Otto Bock HealthCare GmbH, EOS GmbH, Renishaw Plc, Stratasys Ltd., 3D Systems corporation, Materialise NV, Groupe Gorge SA, Carbon Inc., SLM Solutions Group AG, Prodways Group, Formlabs Inc., Arcam AB, EnvisionTEC, Freedom Innovations LLC, LimbForge Inc., Concept Laser GmbH, Open Bionics Ltd., UNYQ Inc., Mecuris GmbH, YouBionic S.r.l., Protosthetics LLC, Bionico Hand Solutions, Create Prosthetics Inc., Bio3D Technologies Pte Ltd., 3T RPD Ltd., Photopolymerization, laser beam melting, The biomedical model of medicine, Ultimaker BV, XYZprinting Inc., Beijing Long Yuan Automated Fabrication System Co.Ltd., Organovo Holdings Inc.
The 3d printed prosthetics market report table of contents includes:
1. Executive Summary
2. 3D Printed Prosthetics Market Characteristics
3. 3D Printed Prosthetics Market Trends And Strategies
4. 3D Printed Prosthetics Market – Macro Economic Scenario
5. Global 3D Printed Prosthetics Market Size and Growth
…
32. Global 3D Printed Prosthetics Market Competitive Benchmarking
33. Global 3D Printed Prosthetics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The 3D Printed Prosthetics Market
35.3D Printed Prosthetics Market Future Outlook and Potential Analysis
36. Appendix
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