Medical 3D Printing Plastics Market – Industry Trends and Forecast to 2032

Medical 3D Printing Plastics Market

The global medical 3D printing plastics market size was USD 334 Billion in 2022 and is expected to register a revenue CAGR of 26.2% over the forecast period, according to the latest report by Reports and Data.

The healthcare industry has been transformed by the development of prosthetics and implants that are customized for each patient, offering superior fit, comfort, and usefulness, which has been made possible by the use of 3D printing technology. Key factors driving the ongoing development of new 3D printing polymers include the efficiency and cost-effectiveness of medical device production.

In response to the increasing need for medical equipment with high tensile strength, biocompatibility, and sterilizing capability, advanced medical 3D printing polymers are now being developed. The rising prevalence of chronic diseases like as diabetes and arthritis are driving demand for medical devices and implants, fueling the market’s revenue growth. Another element driving market revenue growth is the use of 3D printing technology in medical research and education.

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Some Key Highlights from the Report

  • In 2022, the ABS segment claimed the highest percentage of revenue in the worldwide medical 3D printing polymers market. ABS, a commonly employed thermoplastic polymer, is renowned for its robustness and resilience. It is utilized in the production of medical apparatus, such as surgical and dental implants, as well as orthopedic implants. ABS plastics are also renowned for their convenience in 3D printing technology, making them a preferred alternative among manufacturers.
  • In 2022, the medical implants and devices segment held the largest revenue share in the worldwide medical 3D printing plastics market. 3D printing technology has enabled manufacturers to create implants and devices that are tailored to the patient’s individual needs, lowering the chance of rejection and increasing patient outcomes. This technique enables the development of complicated geometries and shapes that were previously impossible to achieve using traditional manufacturing procedures. Furthermore, 3D printing can shorten the time it takes to create implants and devices, resulting in faster and more efficient patient care.
  • North America is predicted to account for the greatest revenue share throughout the forecast period due to positive government initiatives and a high rate of adoption of 3D printing technology in the healthcare industry. Due to increased healthcare spending and the availability of new medical facilities, the United States accounts for the bulk of the North American market. Furthermore, the presence of significant market participants in the region, such as 3D Systems Corporation and Stratasys Ltd., is expected to drive market revenue growth.
  • During the forecast period, the Asia Pacific market is anticipated to have the fastest revenue CAGR. The region’s market is seeing revenue growth as a result of expanding 3D printing technology adoption in the healthcare sector and rising healthcare expenditure in emerging nations like China and India. Additionally, a sizable patient base and an increase in the demand for personalized medical devices are anticipated to fuel market revenue growth in the area.

Competitive Landscape:

Evonik Industries AG, Solvay, BASF SE, Arkema S.A., Stratasys Ltd., EnvisionTEC, Oxford Performance Materials, Inc., Formlabs, 3D Systems, Inc., and Materialise NV.

Type Outlook (Revenue, USD Billion; 2022 – 2032)

  • Acrylonitrile Butadiene Styrene (ABS)
  • Polylactic Acid (PLA)
  • Polycarbonate (PC)
  • Polyethylene Terephthalate Glycol (PETG)
  • Others

Application Outlook (Revenue, USD Billion; 2022 – 2032)

  • Medical Implants & Devices
  • Surgical Instruments
  • Others

Technology Outlook (Revenue, USD Billion; 2022 – 2032)

  • Fused Deposition Modeling (FDM)
  • Stereolithography (SLA)
  • Others

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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