Global Personalized 3D Printed Orthopedic Implants Market, By Material Type (Plastics, Biomaterial Inks, Metals & Alloys), Technology (Stereolithography (SLA) – Liquid Based 3D Printing, Selective Laser Sintering (SLS) – Powder Based 3D Printing, Digital Light Processing (DLP), Fused Deposition Modeling (FDM) – Plastic Filament Extrusion Based Technology, Electronic Beam Melting (EBM), PolyJet/InkJet 3D Printing), End-User (Hospitals and Diagnostic Centers, Academic Institutions, Ambulatory Surgical Centers, Pharmaceutical & Biotechnology Organizations), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Personalized 3D Printed Orthopedic Implants Market
The personalized 3D printed orthopedic implants market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of 1579.33 USD million and grow at a CAGR of 17.0% in the above-mentioned forecast period. Rise in the technological advancements in 3D printing drives the personalized 3D printed orthopedic implants market.
Personalized 3D printed orthopedic implants are the type of medical devices/implants which are manufactured with the help of 3D printers, this method is also known as additive manufacturing. The implants are manufactured through the help of scans provided by MRI and CT machines. These scans conducted on the patients provide precise accurate measurements helping the implants to be fitted in the patient with greater efficiency and effectiveness in the surgical procedure.
Increasing public-private funding for 3D printing activities is the vital factor escalating the market growth, also rise in the applications of 3D printing in the healthcare industry, rise in the focus of companies on technological innovation and development of customized device, escalating number of chronic diseases across the world and rise in the advancements in materials, supporting technology, and increasing medical application are the major factors among others driving the personalized 3D printed orthopedic implants market. Moreover, growing demand for organ transplant, rise in the reconfiguration of supply chain models of medical device manufacturers and rise in the demand for organ transplant will further create new opportunities for personalized 3D printed orthopedic implants market in the forecasted period of 2021-2028.
However, rise in the stringent regulatory process for the approval of 3D-printed medical devices is the major factors among others which will obstruct the market growth, while rise in the dearth of trained professionals and rise in the socio-ethical concerns related to the use of 3D-printed product will further challenge the growth of personalized 3D printed orthopedic implants market in the forecast period mentioned above.
The personalized 3D printed orthopedic implants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the personalized 3D printed orthopedic implants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Personalized 3D Printed Orthopedic Implants Market Scope and Market Size
The personalized 3D printed orthopedic implants market is segmented on the basis of material type, technology and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of material type, the personalized 3D printed orthopedic implants market is segmented into plastics, biomaterial inks and metals & alloys.
- Based on technology, the personalized 3D printed orthopedic implants market is segmented into stereolithography (SLA) – liquid based 3D printing, selective laser sintering (SLS) – powder based 3D printing, digital light processing (DLP), fused deposition modeling (FDM) – plastic filament extrusion based technology, electronic beam melting (EBM) and polyJet/inkJet 3D printing.
- The personalized 3D printed orthopedic implants market is also segmented on the basis of end-user into hospitals and diagnostic centers, academic institutions, ambulatory surgical centers and pharmaceutical & biotechnology organizations.
Personalized 3D Printed Orthopedic Implants Market Country Level Analysis
The personalized 3D printed orthopedic implants market is analysed and market size insights and trends are provided by country, material type, technology and end-user as referenced above.
The countries covered in the personalized 3D printed orthopedic implants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the personalized 3D printed orthopedic implants market due to rise in the preference towards technologically advanced products to maintain better health of individuals and rise in the demand for medical implants, reduction in cost of implantation procedures and availability of skilled surgeons. Europe is the expected region in terms of growth in personalized 3D printed orthopedic implants market due to rise in the prevalence of bone related injuries, dental disorders and increasing focus on personal care in this region.
The country section of the personalized 3D printed orthopedic implants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The personalized 3D printed orthopedic implants market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for personalized 3D printed orthopedic implants market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the personalized 3D printed orthopedic implants market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Personalized 3D Printed Orthopedic Implants Market Share Analysis
The personalized 3D printed orthopedic implants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to personalized 3D printed orthopedic implants market.
The major players covered in the personalized 3D printed orthopedic implants market report are EnvisionTEC; Cyfuse Biomedical K.K.; EOS.IO; 3D Systems, Inc.; Stratasys Ltd.; FabRx Ltd; Arcam; Formlabs; SLM Solutions; Organovo Holdings Inc.; Oxford Performance Materials; Materialise; Xilloc Medical B.V.; Renishaw plc; OSSEUS; Present. Onshape Inc.; Johnson & Johnson Services, Inc.; Optomec, Inc.; GENERAL ELECTRIC; Stryker and AUTODESK, INC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.