3D Printed Prosthetics Market Detail Analysis of Current and Future Projection 2023 to 2033

During the forecast period 2023 to 2033, the 3D printed prosthetics market is expected to grow at a value of 8% CAGR, according to Future Market Insights. By the year 2033, the global market for 3D printed prosthetics is expected to rise up to a market valuation of US$ 3.5 Billion. The major factor driving the market growth is that the production costs of such medical devices are driven down by using additive manufacturing, making them more affordable for the masses. Orthotics and prosthetics are a great fit for 3D printing technology as they are made of plastic and they must be ideal-made to fit each patient.

The World Health Organization estimates that around 30 million globally are in need of prosthetics, and adopting the 3D printing technique can help increase availability for individuals especially in remote regions at a lower cost. Such factors coupled with high patient comfort and easy customization are expected to boost the market growth. Advancements in body modeling and 3D scanning technologies from players such as Body Labs will enable individuals to 3D scan their limbs and have prosthetics molded after them, allowing a more natural fitting and appearance.

The advent of COVID-19 impacted the additive manufacturing market as the pandemic resulted in supply chain bottlenecks and manufacturing closures mostly in the initial quarters of 2020. However, the 3D printing market witnessed a significant boost post-pandemic as this is a disruptive technology and has emerged as a potential solution to curb medical device supply shortages. Moreover, the key players in the 3D printed prosthetics market reported a sales increase in 2021 and this indicates that the market has recovered from the COVID-19 impact and is expected to grow eminently in the future.

Competitive Landscape

Some of the players in the global 3D printed prosthetics market include 3D Systems Corporation, EnvisionTEC, Stratasys Ltd., Bionicohand, YouBionic, UNYQ, Mecuris, LimbForge, Inc., Open Bionics, Create Prosthetics, Bio3D Technologies, Laser GmbH, Prodways Group, Protosthetics, 3T RPD Ltd, Formlabs

Browse More Details@ https://www.futuremarketinsights.com/reports/3d-printed-prosthetics-market

Key Segments Profiled in the 3D Printed Prosthetics Industry Survey

Type:

  • Sockets
  • Limbs
  • Joints
  • Others

Material:

  • Polyethylene
  • Polypropylene
  • Acrylics
  • Polyurethane

End-use:

  • Hospitals
  • Rehabilitation Centers
  • Prosthetic Clinics 

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