Global Personalized 3D Printed Orthopedic Implants Market Size By Material Type (Plastics, Biomaterial Inks, Metal & Alloys), By Technology (Stereolithography (SLA), Selective Laser Sintering (SLS), Fused Deposition Modeling (FDM)), By End-User (Hospitals and Diagnostic Centers, Academic Institution

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Personalized 3D Printed Orthopedic Implants Market Size And Forecast

Personalised 3D Printed Orthopedic Implants Market size was valued at USD 47.36 Billion in 2024 and is projected to reach USD 69.28 Billion by 2031, growing at a CAGR of 4.69% during the forecast period 2024-2031.

The growing advancements in materials, supporting technology, and increasing medical applications will drive significant growth for the Personalized 3D Printed Orthopedic Implants Market in the coming years. Personalized 3D printed orthopedic implants are medical implants that are manufactured with the assistance of 3D printers. This technique is also known as additive manufacturing. These implants are made through the help of scans provided by MRI and CT machines. These scans result in accurate measurements helping the implants to be fitted within the patient with greater effectiveness and efficiency in the surgical procedure.

Global Personalized 3D Printed Orthopaedic Implants Market Definition

Personalized 3D printed orthopedic implants are the type of medical devices or implants which are manufactured by 3D printers. This method is also known as additive manufacturing. The implants are manufactured with the help of scans provided by MRI and CT machines. These scans conducted on the patients provide accurate measurements helping the implants to be fitted in the patient with greater efficiency and effectiveness in the surgical procedure. Many companies in the market are collaborating with various hospitals and rehabilitation centers to provide customizable devices for the specific needs of patients.

These partnerships are meant to benefit both parties. Companies can tap into the hospitals' networks to spread the word about their products, while hospitals can get tailored devices whenever they need them. The market for 3D printing in healthcare is growing rapidly. A big reason for this is the rise in public-private funding for these activities. Other factors includeMore uses for 3D printing in healthcare Companies focusing on innovation and developing custom devices An increasing number of chronic diseases worldwide Advances in materials, technology, and medical applications

The growing need for organ transplants, the changing way medical device makers manage their supply chains, and the increasing demand for organ transplants are all creating new opportunities for the personalized 3D printed ortho implants market over the next few years. But there are also some challenges that could slow down the market's growth, including stricter rules for approving 3D-printed medical devices, not enough trained workers, and ethical concerns about how 3D-printed products are used.

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Global Personalized 3D Printed Orthopedic Implants Market Overview

The Global Personalized 3D Printed Orthopedic Implants Market is a crucial part of the growing trend, of printing in medical applications. The Global Personalized 3D Printed Orthopedic Implants Market players are serving a need of the medical sector. Medical processes are enhanced with training on artificial models before surgeries. Additionally, the products in the global market help in reconstructing the entire facial features, limbs, and tissue lost during illnesses such as Arthritis and others.

Technology has made incredible strides in medicine. Take nano-materials, for example. Doctors can now create precise copies of your body parts, extending their toolbox and helping them provide even better care. Complex surgeries like heart replacements and joint replacements are now easier thanks to virtual planning and guidance using 3D printers. And ortho implants, those metal devices used in surgeries, are getting better. These new materials help your bones fuse with the implant and bear more weight. Hospitals are increasingly using 3D printers in their radiology departments. And the devices they create are often better than traditional ones. For instance, printed casts for broken bones can be open and custom-fitted. This means you can wash, ventilate, and even scratch the injured area, and they can be easily recycled when you're done with them.

Get ready for the future of personalized healthcare! 3D-printed orthopedic implants are about to take off in a big way, thanks to exciting new materials, fancy gadgets, and their amazing use in medicine. One of the reasons this market is booming is that governments and companies are teaming up to pump money into 3D printing. This means more research and cool new products, which will make 3D-printed orthopedic implants even better. But here's a snagwe need more skilled workers to make these implants. There aren't enough people who know how to use those fancy 3D printers, so that's something we need to work on.

One major hurdle in bringing 3D printing into the mainstream is the shortage of skilled workers. It's tough to find people who really know their stuff when it comes to 3D printing, and the medical device industry is growing so fast with new technologies and materials that it's making the problem worse. There's not enough training available, and there's a big gap between what people learn in school and what they need to know to work in the real world. This lack of skilled workers is holding 3D printing back from becoming more widely used.

Global Personalized 3D Printed Orthopedic Implants Market Segmentation Analysis

The Global Personalized 3D Printed Orthopedic Implants Market is Segmented on the basis of Material Type, Technology, End-User, and Geography.

Personalized 3D Printed Orthopedic Implants Market, By Material Type

• Plastics• Biomaterial Inks• Metals & Alloys

Based on Material Type, the market is segmented into Plastics, Biomaterial Inks, And Metal & Alloys.

Personalized 3D Printed Orthopedic Implants Market, By Technology

• Stereolithography (SLA)• Selective Laser Sintering (SLS)• Fused Deposition Modeling (FDM)• Others

Based on Technology, the market is segmented into Stereolithography (SLA), Selective Laser Sintering (SLS), Fused Deposition Modeling (FDM), And Others.

Personalized 3D Printed Orthopedic Implants Market, By End-User

• Hospitals and Diagnostic Centers• Academic Institutions• Ambulatory Surgical Centers• Pharmaceutical & Biotechnology Organizations

Based on End-User, the market is segmented into Hospitals and Diagnostic Centers, Academic Institutions, Ambulatory Surgical Centers, And  Pharmaceutical & Biotechnology Organizations.

Personalized 3D Printed Orthopedic Implants Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global Personalized 3D Printed Orthopedic Implants Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America accounted for a momentous share in the market and is expected to follow a similar trend during the forecast period. High preference towards technologically advanced products to maintain better health of individuals will favor regional growth. Increasing demand for medical implants, reduction in the cost of implantation procedures, and availability of skilled surgeons in the region will augment the regional business growth.

Key Players

The “Global Personalized 3D Printed Orthopedic Implants Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Envision TEC, CYFUSE Biomedical K.K, Stratasys Ltd, FABRX Ltd, ARCAM, Formlabs, SLM Solutions, Organavo Holdings Inc., Renishaw plc, OSSEUS, Onshape Inc, Johnson and Johnson Services.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• September 2020NTopology (US) raised funding of USD 40 million for the development of the top software platform for additive manufacturing processes.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Envision TEC, CYFUSE Biomedical K.K, Stratasys Ltd, FABRX Ltd, ARCAM, Formlabs, SLM Solutions, Organavo Holdings Inc.

SEGMENTS COVERED

By Material Type, By Technology, By End-User, And By Geography.

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