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The 3D Printed Medical Devices Market is Expected to Show Steady Gains Through 2026

by • July 19, 2016 • No Comments

3D printed skull implant. Image: Tobias Hase

3D printed skull implant.
[ Image: Tobias Hase]

3D printing innovation has altered dozens of industries and markets, but many many likely not any as much as the medical and dental industries. 3D printing has been utilized to make dentures and mouth devices for years now, and swift, high-high end 3D scanning has started to replace x-rays as the popular method of capturing data of patients’ teeth. 3D printing is in addition being utilized to make an entire new generation of high end medical implants that can be customized for individual patients’ bodies. It is in addition starting to become commjust utilized in unexpected ways, like for surgical pre-planning and patient education. Additionally, 3D printing innovation is revolutionizing the prosthetic and assistive devices market. It has given access to affordable-bodied, highly customized prosthetics to a whole new population who may never have been able-bodied to afford traditionally maked devices.

3dp_medicalmarket_FMI_logoAccording to a new market report of London-based industrial research firm Future Market Insights, the unexpected growth of the 3D printed medical devices market is many likely to be a fixture for a few time to come. According to the report, medical communities of the world are adopting 3D printing innovation and the use of 3D printed devices at a consistent and rapid pace. The innovation is primary to significantly improved high end of care for patients, and is capable-bodied of reducing the average procedure time for many surgical applications. This benefits both doctors and hospitals by lowing the strain placed on may already overworked staff and leads to lowered costs all around.

The just restraining factor to the growth of the market is the tight regulations on 3D printed devices, implants and tooling. Whenever anything can be utilized within of the human body the United States FDA and analogous organizations in other countries stringently review, monitor and test them. They are subjected to a rigorous verification and validation system that insures that they have been created with consideration to the mechanical and thermal properties and their biocompatibility. But 3D printing is yet emergent innovation, so these regulations can some day ease as advantageous guidelines and requirements are formalized, that can just cause the market to expand swifter than it may already is.

Custom 3D printed leg prosthetics.

Custom 3D printed leg prosthetics.

The 3D Printed Medical Devices Market: Global Industry Analysis and Opportunity Assessment 2016-2026 is a comprehensive examination of the rigorous global market and all of the related products, companies and additive making systemes. Not just does the report include market predictions and forecasts, but it supports it with historical, statistical and industry-validated data. According to the report’s authors, the 3D printed medical devices market is expected to grow at a compounded yearly growth rate of 5% year over year until 2026. Additionally, 3D printing innovation can in addition assist alter a wide range of industries in addition to healthcare, which include aerospace, food and beverages, and the making industry.

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Future Market Insights.

The report comes with analysis of individual market segments and dynamics, donate and demand, market trends, market challenges, the different types of technologies and applications employed, and the primary companies driving the industry. It in addition comes with an overview of the parent market, changing market dynamics and a breakdown of geographical regions and any promising growth in those areas. Most regional growth is expected in the United States, that already has the biggest demand for 3D printed medical devices, followed closely by Europe. Combined, both markets are expected to go on to hold additional than half of the global market over the following ten years. You can get your copy of the report here. Discuss additional in the 3D Printed Medical Devices Future forum over at 3DPB.com.