The global 3D printing medical devices market size was estimated to be USD 3.47 billion in 2023 and is expected to reach at USD 18.65 billion by 2034 with a CAGR of 16.52% during the forecast period 2024-2034. Surge in technological advancements in 3D printing, increasing investments in research & development activities, growing biomedical & pharmaceutical applications, availability of bioprinting tissues & organs, rising demand for customized medical devices, surge in awareness regarding 3D printing medical devices, increasing demand for customized medical devices, growing focus on manufacturing of advanced surgical tools, and rising introduction of novel 3D printing medical devices are some of the key factors boosting the market growth.
Rising introduction of novel 3D printing medical devices is predicted to boost the market growth during the forecast period. The advent of 3D printing, or additive manufacturing, has brought about significant transformations across several sectors, with the medical field being no exception. This innovative technology, which enables the gradual construction of intricate and personalized items, has spurred the creation of a wide range of medical supplies using 3D printing, including implants, prosthetic devices, and surgical tools. As a result, there is a growing demand for medical devices produced through 3D printing due to the advantages it provides to both patients and healthcare professionals, such as tailor-made solutions, shortened production timelines, and enhanced patient results. For instance, in May 2023, CELLINK has unveiled the third iteration of their LUMEN X™ product, which sets a new benchmark for benchtop DLP bioprinting. This state-of-the-art device offers substantial enhancements in printer resolution and introduces advanced capabilities like the creation of multi-stiffness constructs, microfluidic systems, and a design tailored for cell printing.
By component, software & services was the highest revenue-grossing segment in the global 3D printing medical devices market in 2023 owing to the cost-effectiveness, utility, consistency, and precision offered by services for medical device 3D printing, rising technological advancements, and growing demand for personalized 3D printed medical devices by hospitals & surgical centers. Additionally, materials is predicted to grow at fastest CAGR during the forecast period owing to the rising focus on development of new products and growing launch of new products. For instance, in February 2023, Stratasys Ltd has launched TrueDent resin, a specially designed material for dental laboratories, with the aim of enabling precise dental shade applications.
By application, prosthetic & Implants was the highest revenue-grossing segment in the global 3D printing medical devices market in 2023 owing to increasing demand for dental implants as a treatment option for oral diseases, growing usage for the diagnosis of partial or complete orthodontic treatment in patients with Oral Lichen Planus (OLP), rising development of new prosthetic parts & automated production techniques that offer consistency, precision, & reliability, and surge in launch of advanced platforms. For instance, in July 2023, Desktop Health, the medical 3D printing division of Desktop Metal, has introduced PrintRoll, an integrated rotating build platform for the 3D-Bioplotter bioprinting system. This innovative technology enables the creation of intricate tubular solutions for various bodily systems, including the vascular, digestive, respiratory, and reproductive systems. Additionally, tissue engineering is predicted to grow at fastest CAGR during the forecast period owing to the rising technological advancements in the field of 3D tissue engineering, surge in government funding for medical & academic research activities, and growing awareness regarding tissue engineering.
By technology, laser beam melting was the highest revenue-grossing segment in the global 3D printing medical devices market in 2023 owing to the expanding use of this technology for producing parts for minimally invasive surgery, rising adoption in dentistry sector particularly for the monitoring of hard & soft tissues, and increasing technological advancements. Additionally, electron beam melting is predicted to grow at fastest CAGR during the forecast period owing to the rising number of orthopedic patients, surge in demand for orthopedic products as a result of issues with the spine, hip joints, & knee joints, increasing usage in medicine particularly for dental implants, and growing adoption of innovative systems. For instance, in April 2023, CAI, situated in the Neighborhood 91 facility, is about to be the first recipient in North America to receive JEOL's Electron Beam Melting (EBM) 3D printing system installation.
By end-user, hospitals & surgical centers was the highest revenue-grossing segment in the global 3D printing medical devices market in 2023 owing to the surge in number of 3D printing laboratories, the growth of currently operating 3D printing labs, the outsourcing of some industrial tasks to 3D printing companies, and the rise in demand for manufactured or bespoke solutions. Additionally, pharmaceutical and biotech companies is predicted to grow at fastest CAGR during the forecast period owing to the rising investment for the development of advanced products, growing research & development activities, increasing launch of novel devices, and surge in partnerships & collaborations within market players. For instance, in March 2023, Stratasys Ltd has revealed a partnership with Ricoh USA, Inc. to deliver 3D-printed anatomical models for clinical use on-demand. Stratasys' Patient-Specific 3D Solutions brings together Stratasys' 3D printing technology, Axial3D's cloud-based Segmentation-as-a-Service solution, and Ricoh's precision additive manufacturing services into a single, streamlined solution. This new service expands upon the existing collaboration between Ricoh 3D for Healthcare and Stratasys, with the goal of broadening access to 3D-printed medical models.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing demand for 3D printing medical devices, rising awareness regarding 3D printing technology, increasing focus on development of 3D printed wearable devices, and surge in collaborations within market players. For instance, in June 2023, Mighty Oak Medical is partnering with HP to develop healthcare applications utilizing HP's Jet Fusion 5200 3D printers. HP's advanced Multi Jet Fusion technology speeds up the printing process, resulting in a rapid turnaround and increased accessibility to highly personalized healthcare for a substantial number of patients. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising technological advancements in 3D printing, surge in investment in research & development activities, growing innovative product launch, and increasing collaborations within market payers. For instance, in September 2023, The Ulsan National Institute of Science and Technology (UNIST) and Pusan National University Yangsan Hospital in South Korea have teamed up for a collaborative effort to explore and advance the field of 3D printing technology in the medical device sector.
Rising introduction of novel 3D printing medical devices is predicted to boost the market growth during the forecast period. The advent of 3D printing, or additive manufacturing, has brought about significant transformations across several sectors, with the medical field being no exception. This innovative technology, which enables the gradual construction of intricate and personalized items, has spurred the creation of a wide range of medical supplies using 3D printing, including implants, prosthetic devices, and surgical tools. As a result, there is a growing demand for medical devices produced through 3D printing due to the advantages it provides to both patients and healthcare professionals, such as tailor-made solutions, shortened production timelines, and enhanced patient results. For instance, in May 2023, CELLINK has unveiled the third iteration of their LUMEN X™ product, which sets a new benchmark for benchtop DLP bioprinting. This state-of-the-art device offers substantial enhancements in printer resolution and introduces advanced capabilities like the creation of multi-stiffness constructs, microfluidic systems, and a design tailored for cell printing.
By component, software & services was the highest revenue-grossing segment in the global 3D printing medical devices market in 2023 owing to the cost-effectiveness, utility, consistency, and precision offered by services for medical device 3D printing, rising technological advancements, and growing demand for personalized 3D printed medical devices by hospitals & surgical centers. Additionally, materials is predicted to grow at fastest CAGR during the forecast period owing to the rising focus on development of new products and growing launch of new products. For instance, in February 2023, Stratasys Ltd has launched TrueDent resin, a specially designed material for dental laboratories, with the aim of enabling precise dental shade applications.
By application, prosthetic & Implants was the highest revenue-grossing segment in the global 3D printing medical devices market in 2023 owing to increasing demand for dental implants as a treatment option for oral diseases, growing usage for the diagnosis of partial or complete orthodontic treatment in patients with Oral Lichen Planus (OLP), rising development of new prosthetic parts & automated production techniques that offer consistency, precision, & reliability, and surge in launch of advanced platforms. For instance, in July 2023, Desktop Health, the medical 3D printing division of Desktop Metal, has introduced PrintRoll, an integrated rotating build platform for the 3D-Bioplotter bioprinting system. This innovative technology enables the creation of intricate tubular solutions for various bodily systems, including the vascular, digestive, respiratory, and reproductive systems. Additionally, tissue engineering is predicted to grow at fastest CAGR during the forecast period owing to the rising technological advancements in the field of 3D tissue engineering, surge in government funding for medical & academic research activities, and growing awareness regarding tissue engineering.
By technology, laser beam melting was the highest revenue-grossing segment in the global 3D printing medical devices market in 2023 owing to the expanding use of this technology for producing parts for minimally invasive surgery, rising adoption in dentistry sector particularly for the monitoring of hard & soft tissues, and increasing technological advancements. Additionally, electron beam melting is predicted to grow at fastest CAGR during the forecast period owing to the rising number of orthopedic patients, surge in demand for orthopedic products as a result of issues with the spine, hip joints, & knee joints, increasing usage in medicine particularly for dental implants, and growing adoption of innovative systems. For instance, in April 2023, CAI, situated in the Neighborhood 91 facility, is about to be the first recipient in North America to receive JEOL's Electron Beam Melting (EBM) 3D printing system installation.
By end-user, hospitals & surgical centers was the highest revenue-grossing segment in the global 3D printing medical devices market in 2023 owing to the surge in number of 3D printing laboratories, the growth of currently operating 3D printing labs, the outsourcing of some industrial tasks to 3D printing companies, and the rise in demand for manufactured or bespoke solutions. Additionally, pharmaceutical and biotech companies is predicted to grow at fastest CAGR during the forecast period owing to the rising investment for the development of advanced products, growing research & development activities, increasing launch of novel devices, and surge in partnerships & collaborations within market players. For instance, in March 2023, Stratasys Ltd has revealed a partnership with Ricoh USA, Inc. to deliver 3D-printed anatomical models for clinical use on-demand. Stratasys' Patient-Specific 3D Solutions brings together Stratasys' 3D printing technology, Axial3D's cloud-based Segmentation-as-a-Service solution, and Ricoh's precision additive manufacturing services into a single, streamlined solution. This new service expands upon the existing collaboration between Ricoh 3D for Healthcare and Stratasys, with the goal of broadening access to 3D-printed medical models.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing demand for 3D printing medical devices, rising awareness regarding 3D printing technology, increasing focus on development of 3D printed wearable devices, and surge in collaborations within market players. For instance, in June 2023, Mighty Oak Medical is partnering with HP to develop healthcare applications utilizing HP's Jet Fusion 5200 3D printers. HP's advanced Multi Jet Fusion technology speeds up the printing process, resulting in a rapid turnaround and increased accessibility to highly personalized healthcare for a substantial number of patients. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising technological advancements in 3D printing, surge in investment in research & development activities, growing innovative product launch, and increasing collaborations within market payers. For instance, in September 2023, The Ulsan National Institute of Science and Technology (UNIST) and Pusan National University Yangsan Hospital in South Korea have teamed up for a collaborative effort to explore and advance the field of 3D printing technology in the medical device sector.
Segmentation: 3D Printing Medical Devices Market Report 2023 - 2034
3D Printing Medical Devices Market Analysis & Forecast by Component 2023 - 2034 (Revenue USD Bn)
- Printers
- Materials
- Software & Services
3D Printing Medical Devices Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Prosthetic & Implants
- Tissue Engineering
- Wearable Medical Devices
- Others
3D Printing Medical Devices Market Analysis & Forecast by Technology 2023 - 2034 (Revenue USD Bn)
- Laser Beam Melting (LBM)
- Electron Beam Melting (EBM)
- Droplet Deposition Or Extrusion-Based Technologies
- Photopolymerization
- Direct Metal Laser Sintering
- Three- Dimensional Printing (3DP) Or Adhesion Bonding
- Others
3D Printing Medical Devices Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Hospitals & Surgical Centers
- Pharmaceutical & Biotech Companies
- Academic Institutes & Research Centers
- Others
3D Printing Medical Devices Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. 3D Printing Medical Devices Market: Component Estimates & Trend Analysis
8. 3D Printing Medical Devices Market: Application Estimates & Trend Analysis
9. 3D Printing Medical Devices Market: Technology Estimates & Trend Analysis
10. 3D Printing Medical Devices Market: End-user Estimates & Trend Analysis
11. Regional Market Analysis
12. North America 3D Printing Medical Devices Market
13. Europe Global 3D Printing Medical Devices Market
14. Asia Pacific Global 3D Printing Medical Devices Market
15. Latin America Global 3D Printing Medical Devices Market
16. MEA Global 3D Printing Medical Devices Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- 3d Systems Corporation
- Stratasys Ltd
- Proto Labs Inc.
- Materialise Nv
- Slm Solutions Group Ag
- Oxford Performance Materials Inc.
- Formlabs Inc.
- Organovo Holdings Inc.
- General Electric (Ge Additive)
- Exone Company
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 3.47 Billion |
| Forecasted Market Value ( USD | $ 18.65 Billion |
| Compound Annual Growth Rate | 16.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
