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3D Printed Implants Market Share

Report ID: GMI5494
Published Date: Mar 2023
Report Format: PDF

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3D Printed Implants Market Share

Tangible Solutions
NuVasive
Innovasis
SeaSpine
Tsunami Medical
Orthofix Medical
Stryker
Smith & Nephew
Johnson & Johnson
Zimmer Biomet
Monogram Orthopedics
Medtronic

are some of the key participants involved in the 3D printed implants market who are majorly focusing on product improvement and strategic partnerships to boost their industry position. For instance, in October 2022, American medical technologies giant Stryker unveiled a stand-alone anterior lumbar interbody fusion (ALIF) device, Monterey AL Interbody System, which is designed using 3D printing. This launch helped the company enhance its 3D-printed implant product offerings.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size for 3D printed implants was valued at more than USD 2.5 billion in 2022 and is primed to progress at over 19% CAGR between 2023 and 2032 propelled by the mounting adoption of advanced technology in the healthcare sector.

The polymer segment is poised to reach over USD 6 billion in revenue by 2032 as a result of its light weightiness, biocompatibility, non-inflammation, nontoxicity, and suitability in manufacturing orthopedics, spinal, and trauma implants.

The orthopedic application segment held more than 39% of the market share in 2022 owing to soaring demand for customized orthopedic implants that enable pre-planned operative routes and rapid procedure outcomes.

In 2022, the North America 3D printed implants accounted for more than 39.5% market share on account of the strong presence of recognized businesses, along with consistent efforts by the governments to foster the adoption of 3D printed implants in the region.