3D Printed Prosthetics Market New Innovations and Future Expansion 2023 to 2033

Future Market Insights predicts that the 3D Printed Prosthetics Market will experience a CAGR of 8% between 2023 and 2033. By 2033, the global market for 3D printed prosthetics is expected to reach a value of US$3.50 billion. The driving force behind this growth is the ability of additive manufacturing to reduce production costs, making prosthetics more affordable for the masses. As orthotics and prosthetics are made of plastic and must be tailored to each patient, they are an ideal fit for 3D printing technology.

According to the World Health Organization, approximately 30 million people worldwide are in need of prosthetics. The adoption of 3D printing technology can increase availability, particularly in remote regions, and reduce costs. Additionally, 3D printing technology offers high patient comfort and easy customization, which is expected to boost market growth. With advancements in body modeling and 3D scanning technologies from players like Body Labs, individuals can 3D scan their limbs and have prosthetics molded to fit their bodies, providing a more natural appearance and fit.

The COVID-19 pandemic initially had an adverse impact on the additive manufacturing market due to supply chain bottlenecks and manufacturing closures in early 2020. However, the 3D printing market experienced a significant boost post-pandemic as a disruptive technology with the potential to curb medical device supply shortages. Furthermore, key players in the 3D printed prosthetics market reported an increase in sales in 2021, indicating market recovery from the pandemic and expected growth 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

Get 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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