Trends
3D printing medical devices market to hit USD 7.92B
The growth of 3D printing for medical applications, which has revolutionized the surgical and orthopaedic structures, is referred to as the 3D printing medical device market. Stronger, lighter, and safer items, such organ, bone, and blood vessel replicas, are made possible by 3D printing. Additive manufacturing is another name for 3D printing. Three-dimensional printing is used to create the things. Digital three-dimensional objects are created, including computer-aided design (CAD) drawings and magnetic resonance imaging (MRI). The need for 3D printed medical equipment is rising as surgical procedures increase globally.
The global 3D printing medical devices market is projected to reach USD 7.92 billion by 2030 from USD 2.07 billion in 2023, at a CAGR of 16.1% from 2024 to 2030
3D printing medical devices market trends
Increased use of digital manufacturing processes to propel market growth
As additive manufacturing, 3D printing is the technique of creating three-dimensional solid objects from digital designs or files. In recent years, the digital revolution in dental and medical operations has advanced significantly with the goal of enhancing clinical workflow through technology integration. Dental care and surgeries are being replaced by digital ones in the sector. Using computer-controlled processes, direct digital manufacturing turns a digital design into a tangible product. As 3D printing technology develops, direct digital production is replacing traditional manufacturing methods in more applications.
3D printing medical devices market driver
The cost savings associated with the usage of 3D printing to manufacture medical devices further fuel the growth rate of the market
One factor fueling the market expansion for 3D printed medical equipment is the increasing number of patients with chronic illnesses. Chronic illness patients require ongoing health monitoring and disease treatment, and they also require specialized medical devices for efficient disease management. Examples of these illnesses include cancer, cardiovascular disease (CVD), diabetes, orthopedic ailments, and others. The use of 3D printing technology may make it possible to produce surgical instruments, prosthetic limbs, and implants that are precisely tailored to the needs of the individual patient. In order to ensure proper fit, function, and comfort—all of which are critical for patients with chronic illnesses who need to wear medical devices for an extended period of time—researchers and healthcare professionals have begun using 3D printing technology to create customized medical devices that can enhance patient outcomes. Exactitude Consultancy