3D printing technology will impact the healthcare sector

The 3D printed medical device market will reach revenues of $16.5 billion in 2034, up from $4.5 billion in 2023 at a 10-year CAGR of 12%. This is according to a new report published by Additive Manufacturing Research.

The use of 3D printing technology has had a significant impact on the healthcare sector. It has facilitated the production of personalized medical devices, reduced development costs, spurred innovation in advanced devices, and improved the availability of prosthetics. Over the past two decades, its incorporation into healthcare has significantly improved patient outcomes and increased access to healthcare. This technology has played a key role in addressing the challenges of medical device manufacturing during the COVID-19 pandemic, streamlining the supply chain and bringing device design and manufacturing closer to both patients and suppliers.

Source: Additive Manufacturing Research

Looking ahead, the medical device industry, particularly prosthetics, audiology and dentistry, is expected to experience significant growth as these segments continue to use 3D printing technology.

This Additive Manufacturing Research study examines the current opportunities for 3D printing in prosthetics, audiology and dentistry – the three most important medical device segments where 3D printing is driving innovation, development and adoption. These opportunities include technological advances in application-specific 3D printing platforms, especially in dentistry, the continued digitization of healthcare and medical device supply chains, and continued advances by regulatory agencies such as the US Food and Drug Administration (FDA) and the European Medicines Agency agencies (EMA) that consistently publish guidelines on 3D printing of medical devices.