3D Printed Prosthetics Market Size 2023 to 2033 | By 3D Systems, EnvisionTEC, Stratasys, Bionicohand, YouBionic

According to Future Market Insights, the global 3D Printed Prosthetics market demand is predicted to develop at an 8% CAGR from 2023 to 2033. By 2033, the global market for 3D Printed Prosthetics is estimated to reach a value of US$ 3.5 billion. The primary element driving market expansion is that the production costs of such medical devices are being driven down through the use of additive manufacturing, making them more affordable to the general public. Orthotics and prosthetics are perfect candidates for 3D printing technology because they are composed of plastic and must be custom-made for each patient.

The World Health Organisation estimates that over 30 million people worldwide require prosthetics, and using 3D printing technology can assist boost availability for individuals, particularly in remote areas, at a reduced cost. These advantages, together with great patient comfort and ease of customisation, are projected to drive market expansion. Individuals will be able to 3D scan their limbs and have prosthetics moulded after them, allowing for a more natural fitting and look, thanks to advancements in body modelling and 3D scanning technology from firms such as Body Labs.

A sample of this report is available upon request@ https://www.futuremarketinsights.com/reports/sample/rep-gb-15940

The emergence of COVID-19 had an influence on the additive manufacturing sector, as the pandemic caused supply chain bottlenecks and manufacturing closures, primarily in the first quarters of 2020. However, the 3D printing market saw a significant increase following the pandemic because this is a disruptive technology that has emerged as a potential solution to medical device supply shortages. Furthermore, the key players in the 3D Printed Prosthetics market reported a sales increase in 2021, indicating that the market has recovered from the impact of COVID-19 and is expected to grow rapidly in the future.

Key Takeaways from the Market Study

• The limbs category is predicted to lead the global 3D Printed Prosthetics market, accounting for 35% of total revenue.
• In terms of end use, the hospitals segment is estimated to account for up to 40% of total revenue in 2023.
• By material, polypropylene is estimated to dominate the global market in 2023, accounting for 33% of total revenue.
• North America is predicted to dominate the global market in 2023, accounting for more than 40% of global revenue share.
• In 2023, Asia Pacific is estimated to hold 37% of the market for 3D printed prostheses.

“Increasing cases of accidental and sports injures is the key factor driving the growth of the 3D Printed Prosthetics market. In addition, technological advancement too is spurring the adoption of 3D Printed Prosthetics,” comments a Future Market Insights analyst.

Ask More About This Market’s Geographical Distribution Along With a Detailed Analysis of the Top Regions@ https://www.futuremarketinsights.com/ask-question/rep-gb-15940

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

• YouBionic, a key player in the 3D Printed Prosthetics is focusing on making their 3D printed prosthetic hand durable, flexible and more movable. Thus, the company is integrating artificial intelligence to increase its usability.
• Prodways Group, another key player in the 3D Printed Prosthetics market offers a technologically advanced arm for patients of all age groups. The company is focusing on offering the same to a wider consumer base by penetrating into different geographical locations.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global 3D Printed Prosthetics market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.

Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/15940

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

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn | Twitter | Blogs