3D Printed Surgical Models Market Is Set to Expand at A CAGR of 14.7% & To Reach US$ 1731.9 Million During 2022 to 2032 - Future Market Insights, Inc.
Demand for Personalized Healthcare Solutions Elevating the 3D Printed Surgical Models Market Growth. The 3D printed surgical models market in North America is expected to grow to a value of US$ 507.2 million during the projected period. Orthopedic segment holds a significant market share of US$ 368.8 million during the forecast period
DUBAI, UAE, July 25, 2022 /PRNewswire/ -- The 3D printed surgical models market is expected to see a prodigious CAGR of 14.7%, and is projected to increase from US$ 347.5 million in 2021 to US$ 1731.9 million by 2032.
The use of 3D printed surgical models in the healthcare industry for planning tumor excision, endovascular aneurysm repair, and the treatment of trauma injuries in orthopedic surgery has improved 3D printed surgical models market statistics.
More money spent on healthcare by governments around the world aids surgeons in performing surgery precisely and successfully, increasing the number of successful treatments, and promotes the 3D printed surgical models market growth.
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The surge in demand for minimally invasive procedures has been the primary factor driving the market expansion for 3D printed surgical models throughout the forecast period. An increase in R&D efforts will aid in the 3D printed surgical models market share growth.
The high expense of the technology, on the other hand, is projected to restrict the demand for 3D printed surgical models. The expansion of the market is also expected to be hampered by the rising use of recycled and refurbished equipment during the forecast period.
The most advanced healthcare infrastructure, including hospitals, clinics, and extensive use of cutting-edge medical products and services like 3D printing, is found in the United States.
Key Segments
- The 3D printed surgical models market is expected to have a CAGR of 14.7% during the forecast period.
- The 3D printed surgical models market is having a valuation of US$ 396.6 million in 2022.
- The 3D printed surgical models market had a valuation of US$ 347.5 million in 2021.
- The 3D printed surgical models market is segmented based on surgical models, wherein the orthopedic segment is anticipated to have a CAGR of 11.4% by 2032.
- The 3D printed surgical models market is segmented based on technology, wherein the Color Jet Printing is anticipated to have a market share of US$ 481.4 million by 2032.
- The 3D printed surgical models market is segmented based on material, wherein the plastic segment is anticipated to have a market share of US$ 383.3 million by 2032.
- The Europe 3D printed surgical models market is anticipated to reach a value of US$ 473.8 million through 2032.
- The North America 3D printed surgical models market is expected to lead with a prodigious share of US$ 507.2 million during the forecast period.
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Competition Landscape
The market for 3D printed surgical models is very crowded, with both domestic and international vendors. The increasing demand from consumers can motivate a number of business individuals to introduce cutting-edge products in this sector.
Some of the major key players in the 3D printed surgical models market are Stratasys Ltd., 3D Systems, Inc, Lazarus 3D, LLC, Osteo3D, Axial3D, Onkos Surgical, Formlabs, Materialize NV, 3D LifePrints U.K. Ltd., and WhiteClouds Inc.
Recent Developments:
- The company's Mimics Enlight cardiovascular planning software suite will include new Left Atrium Appendage Occlusion (LAAO) procedure support technologies in 2021, boosting Materialize 3D printing capabilities in the field of cardiology.
- In order to offer a new DICOM-to-print solution for surgeons and hospitals throughout North America in 2020, Fast Radius teamed up with Axial3D. It is predicted that such strategic actions will promote market expansion. The following are a few of the leading companies in the market for 3D printed surgical models
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Market Segments Covered in 3D Printed Surgical Models Market Analysis
Key segments
By Surgical Models:
- Cardiac Surgery/Interventional Cardiology
- Gastroenterology Endoscopy of Esophageal
- Neurosurgery
- Orthopedic Surgery
- Reconstructive Surgery
- Surgical oncology
- Transplant Surgery
By Technology:
- Stereo-lithography
- Fused Deposition Modeling
By Material:
- Plastic
- Metal
By End User:
- Hospitals
- Ambulatory Surgical Centers
By Region:
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
- Latin America
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Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter's Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global 3D Printed Surgical Models Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
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About the Healthcare Division at Future Market Insights
The Healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analysing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.
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