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3D Printed Implants Market Size

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

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3D Printed Implants Market Size

3D Printed Implants Market size surpassed USD 2.5 billion in 2022. The industry is anticipated to grow at over 19% CAGR from 2023 to 2032, driven by the mounting adoption of advanced technologies in the healthcare sector.

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The soaring prevalence of degenerative bone diseases across the world is expected to stimulate business growth. Growing age causes calcium loss and poor calcium absorption, which might result in bone and joint degeneration. Additionally, a family history of osteoarthritis and chronic joint stress from a strenuous lifestyle that wears down bones and cartilage are among the main drivers of market development. According to the Centers for Disease Control and Prevention (CDC) speculations, more than 32.5 million people in the United States suffer from osteoarthritis (OA).

3D Printed Implants Market Report Attributes
Report Attribute	Details
Base Year:	2022
3D Printed Implants Market Size in 2022:	USD 2.5 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	19.4%
2032 Value Projection:	USD 15.5 Billion
Historical Data for:	2018 to 2022
No. of Pages:	170
Tables, Charts & Figures:	244
Segments covered:	Material, Application, End-user, and Region
Growth Drivers:	Increasing prevalence of degenerative bone disease Technological advancements Rising demand for customized 3D printed implants Growing investments in R&D activities
Pitfalls & Challenges:	High cost associated with 3D printing Lack of skilled professionals

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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.