Rockville, April 29, 2024 (GLOBE NEWSWIRE) -- Cases of orthopedic and dental diseases have been steadily increasing across the world over the past years. As a result, demand for 3D-printed medical devices has been rising rapidly. The global 3D printing medical device market has been estimated at US$ 3.76 billion in 2024. As stated in an updated report by Fact.MR, a market research and competitive intelligence provider, worldwide demand for 3D printing medical devices is forecasted to increase at a high-value CAGR of 13.9% from 2024 to 2034.
Get Free Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=248
Some of the key market drivers are rising public as well as private funding for taking 3D printing initiatives and increasing availability of various types of advanced 3D printing materials for dental or medical applications. In addition, increasing preference for 3D-printed products in the fields of cosmetics and pharmaceuticals is also generating lucrative opportunities for market players.
In recent years, the surgical and dental care fields have been changing from traditional to digital technologies and processes. The use of computer-controlled procedures helps manufacture a physical object with the use of a digital design. With the development of 3D printing technology, an increased employment of direct digital production techniques is encountered, which positively impacts market growth.
| Report Attribute | Details |
| Value Projection (2034) | US$ 13.79 Billion |
| Growth Rate (2024-2034) | 13.9% CAGR |
| No. of pages | 170 Pages |
| No. of Tables | 80 Tables |
| No. of Figures | 131 Figures |
Key Takeaway from Market Study
- Worldwide sales of 3D printing medical devices are calculated to reach US$ 3.76 billion in 2024.
- The global 3D printing medical device market is projected to reach a value of US$ 13.79 billion by 2034.
- Demand for 3D printing medical devices is forecasted to advance at a double-digit CAGR of 13.9% from 2024 to 2034.
- North America is forecasted to account for 35.2% of the global market share by the end of 2034.
- Sales of 3D printing medical devices in South Korea are poised to rise at a CAGR of 14.5% from 2024 to 2034.
- Worldwide demand for 3D printers is evaluated to increase at a CAGR of 15% and reach a valuation of US$ 5.81 billion by 2034-end.
“Growing demand for 3D printing medical devices is attributed to their use in the quick development of more efficient, reliable, and advanced medical tools,” says a Fact.MR analyst.
Related Market Projections for 2034
| Dental 3D Printing Market | US$ 25 Billion |
| 3D Printing Material Market | US$ 16.4 Billion |
Key Companies Profiled in This Report
- 3D Systems Corporation
- Cyfuse Biomedical K.K.
- Biomedical Modeling Inc.
- Stratasys Ltd.
- Carbon, Inc.
- SLM Solutions Group AG
- Renishaw Plc
- General Electric Company
- Organovo Holdings, Inc.
- Envision TEC GmbH
- Groupe Gorge SA
- Materialise NV
Presence of Well-established Healthcare Infrastructure in the United States Generating Avenues for Market Players
Sales of 3D printing medical devices in the United States are projected to rise at a CAGR of 15% and reach US$ 1.23 billion by the end of 2034. Increased demand for 3D printing medical devices in the country is owing to the presence of advanced healthcare facilities, including hospitals, diagnostic centers, and many more. Moreover, growing incidences of installation of 3D printers in the healthcare sector are driving opportunities for players.
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=248
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the 3D printing medical device market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights into the market based on product (3D printers, 3D bio-printers, material, software & services), technology (laser beam melting, photo polymerization, three-dimensional printing, electron beam melting, droplet deposition), application (surgical guides, surgical instruments, standard prosthetics & implants, tissue-engineered products, hearing aids, external wearable devices), and end user (hospitals, academic institutes, contract research organizations, pharma & biotech companies), across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).
Explore More Related Studies Published by Fact.MR Research:
Dental 3D Printing Market: Global demand for dental 3D printing is forecasted to reach a value of US$ 21.9 billion by 2033-end.
3D Cell Culture Market: The global 3D cell culture market size is estimated at US$ 572.8 million in 2024 and is forecasted to reach US$ 1.42 billion by 2034-end.
3D Dental Scanners Market: Worldwide demand for 3D dental scanners is set to surge at 10.8% CAGR from 2022 to 2027.
About Fact.MR:
Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning. With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Sales Team: sales@factmr.com
Follow Us: LinkedIn | Twitter | Blog
