According to a study by Additive Manufacturing Research, revenue from 3D printed medical devices will reach $16.5 billion by 2034

NEW YORK

,

May 28, 2024

/PRNewswire/ — The market for 3D printed medical devices will reach

$16.5 billion

in revenues in 2034 growing from

$4.5 billion

in 2023 at a 10-year CAGR of 12%. This is according to

“Market trends and opportunities in the field of medical devices; prosthetics, dentistry, audiology

– a new report published by Additive Manufacturing Research.

About the report:

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. 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 study examined 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.

Additionally, the report summarizes 3D printing technologies and materials applicable to the medical devices sector from leading suppliers such as 3D Systems, Formlabs, Stratasys and Materialize.

Buyers of the report also receive a comprehensive Excel data file with a ten-year revenue forecast for the sector, divided by technology, materials and services.

More information about the report, including a free sample, can be found at:

https://additivemanufacturingresearch.com/reports/market-trends-and-opportunities-in-medical-devices-prosthetics-dental-audiology/

About additive manufacturing research:

Since 2013, Additive Manufacturing Research (formerly SmarTech Analysis) has been reporting on all the important revenue opportunities in the 3D printing/additive manufacturing sector and is considered the leading industry analyst firm providing coverage of this sector. AMR analytics and data are driving strategy development in the additives industry and have been adopted and demonstrated by many of the industry’s largest companies.

More details about our company: http://www.additivemanufacturingresearch.com/

Contact:

[email protected]

Press contact:

Jake Thomas

[email protected]

(248) 382-8043

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SOURCE Additive Manufacturing Research