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23-Jun-2021

Global 3D Printed Medical Implants Market Continues To Grow Owing To the Increasing Incidence of Diseases Such As Osteoarthritis in the World

3D printed implants is a term used to describe surgical devices used in the spine to surgically reinstate a lost joint or even bone. The orthopedic concept started many years ago with the development of tissue engineering, which relies on tissue engineering for the creation of bones, ligaments, cartilage, and other tissues. The latest applications of orthopedic implants use 3D printed implants to construct better-fitting prosthetic limbs, enhance bone healing and joint stability, and create customized tools for the treatment of particular injuries or conditions. This advanced technology allows orthopedic professionals to produce better-fitting implants with greater strength, durability, and better function.

With the advancement in 3D printed implants, orthopedic surgeons can now design and manufacture prosthetic joints that closely match the structure of a patient's osseus. Because these prosthetics have more than one bone piece, the prosthesis has increased in strength and function. This particular application is particularly effective for spinal injuries, spinal fusion, arthritic conditions, herniated discs, and many others.

Some of the key players operating in the global 3D printed medical implants market include 3D Systems Corporations, Stratasys Ltd, EnvisionTEC, Arcam AB, Organovo Holdings, Inc., EnvisionTEC, Arcam AB, SLM Solutions Group AG, Oxford Performance Materials, Inc., Materialise NV, Bio3D Technologies, and Cyfuse Medical K.K.

The increasing incidence of the need for specific and accurate medical implants is the main factor that is driving the growth of the global 3d printed medical implants market. For instance, according to the National Institutes of Health (NIH), periodontal diseases are very prevalent in both developing and developed nations and affect around 20-50% of the world population. The higher prevalence of these diseases in older individuals, adults, and adolescents, makes it a point of concern. The increasing incidence of such diseases along with peripheral vascular diseases, osteoarthritis, and diabetes-related gangrene is increasing the requirements for 3D printed medical implants. Moreover, the rapid technological advancements in the medical field are also enhancing the growth of the global 3d printed medical implants market.

Healthcare companies have utilized 3D technology for years, but it was not until recently that orthopedic professionals used the technology to their advantage to make the best prosthetic available for their patients. In addition to strength and durability, high flexibility and long life are also important to patients suffering from various conditions or diseases. With the help of 3D printers and other modern manufacturing techniques, patients and healthcare providers can now work together to design prosthetics with increased functionality, improved strength, longevity, and comfort for their particular needs. However, the cost of 3D implants is the main factor that is negatively affecting the growth of the global 3d printed medical implants market.

Owing to the incidence of several diseases such as osteoarthritis in the region, North America is witnessing high demand in the global 3d printed medical implants market. For instance, according to the Centers for Disease Control and Prevention, more than 32.5 million adults residing in the United States suffer from osteoarthritis. Moreover, the increasing growth of the healthcare sector in the region is also aiding the market growth. Owing to such factors there have been some recent developments in the global 3d printed medical implants market. For instance, in June 2021, Tsunami Medical launched Caprera and Ortigia-J, which are OLIF cages that are 3D printed and have expansion and fixation features.

Global 3D Printed Medical Implants Market Continues To Grow Owing To the Increasing Incidence of Diseases Such As Osteoarthritis in the World

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Last Updated: 23-Jun-2021