3D Printed Surgical Models Market Size to Witness an Uptick Size US$ 516.5 Mn by the end of 2032 | CAGR of 14.7% – by FMI

3D Printed Surgical Models Market Outlook (2022-2032)

[306 Pages Report] The 3D printed surgical models market is anticipated to have a stable CAGR of 14.7% during the forecast period of 2022-2032. According to FMI, the 3D printed surgical models market is expected to grow from US$ 347.5 million in 2021 to US$ 1731.9 million by 2032.

“Growth of the 3D printed surgical models market is accelerating, owing to the fast expanding need for personalized healthcare solutions and the diverse applications of 3D printing in surgery.”

The desire for individualized healthcare is on the rise, and surgical equipment, methods, and 3D printed materials have all advanced technologically, boosting the 3D printed surgical models market.

Due to its capacity to address urgent manufacturing needs and overcome the drawbacks of conventional manufacturing during the COVID-19 pandemic, the 3D printed surgical models market received significant recognition in 2020. Benefits include enhancing 3D awareness and enabling preoperative planning with surgical equipment, boosting the 3D printed surgical models market share.

The application of 3D printed surgical models in the healthcare sector, including the treatment of trauma injuries in orthopedic surgery, planning tumor resection, endovascular aneurysm repair, and planning tumor resection, improving the 3D printed surgical models market statistics.

Surgery professionals are more interested in 3D printed surgical models, as they can reduce operating time and improve precision.

For instance, research published in Academic Radiology found that using 3D printed anatomical models and surgical guides during orthopedic and maxillofacial operations each saved an average of roughly 62 minutes and 23 minutes, respectively.

Request a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15078

What Proliferates the 3D Printed Surgical Models Market?

An increase in global government healthcare spending helps surgeons perform surgery precisely and effectively, leading to an increase in the number of successful procedures. The 3D printed surgical models market growth throughout the anticipated period has been driven by the spike in demand for minimally invasive procedures.

The 3D printed surgical models market is expanding as a result of technical developments and advancements in the medical sciences. Global demand for minimally invasive surgery and an aging population are driving the 3D printed surgical models market share.

The global market for surgical models is being driven by an increase in chronic diseases and a rise in the use of cutting-edge technologies like stereo lithography and mixed deposition modeling to produce curative models.

The use of additive manufacturing gives surgeons access to additional information that is helpful for better spatial orientation within the heart’s cavities and for high-fidelity stimulation of the procedure’s various steps. As a result, it impacts the 3D printed surgical models market outlook.

The assessment of the ideal size, length, and stent position is helpful for the actual intervention in the patient, and is made possible by the 3D printed surgical models. These characteristics of 3D-printed surgical models are expected to encourage 3D printed surgical models market expansion.

On the other hand, the 3D printed surgical models market is anticipated to be hampered by the high cost of the technology. Additionally, it is anticipated that increased use of recycled and refurbished equipment would pose a hurdle to the market’s expansion during the forecast period.

The increasing number of high-strength product launches and the growing acceptance of these 3D printed surgical models across the healthcare sector to address urgent production needs are both significant 3D printed surgical models market trends.

Recently, there has been a constant high need for medical imaging due to the increased incidence of virtually all types of severe and chronic illnesses, which drives the demand for 3D printed surgical models. An efficient and technologically advanced imaging technique is important to successfully plan the treatment of many ailments, especially orthopedic.

3D printed surgical models market future trends and opportunities, such as growing technology advancements in surgical models, are a major element that is anticipated to considerably fuel the expansion of the global market. One of the technological advances is the creation of efficient medical imaging, surging the 3D printed surgical models market share.

Technical breakthroughs include improvements to these devices’ computing power and field strength. Additionally, its utilization in endovascular aneurysm repair expands the 3D printed surgical models market’s lucrative potential. An increase in R&D efforts will help to grow the 3D printed surgical models market share.

According to FMI, the 3D printed surgical models market research report offers a thorough analysis of the industry and focuses on important factors like the top manufacturers, markets, suppliers, segments, and products.

Get in Touch With Our Team For 20% Flat Discount @ https://www.futuremarketinsights.com/request-discount/rep-gb-15078

Segment-Wise Outlook

Which Surgical Model is Leading in the 3D Printed Surgical Models Market?

With an expected CAGR of 11.4% and a market share of US$ 368.8 million by 2032, the orthopedic surgery category is expected to dominate the 3D printed surgical models market share.

The main drivers of the market expansion for orthopedic surgery are the growing elderly population and the rising prevalence and incidence of orthopedic ailments. Over the forecast period, the neurosurgery segment is anticipated to grow profitably, with a CAGR of 17.4%.

This is due to the high prevalence of neurological illnesses, the delicate architecture of the brain’s vasculature, which necessitates high levels of precision in neurosurgery, and technological developments in 3D printing systems and materials.

Which Technology has Highest Potential in the 3D Printed Surgical Models Market?

The market for 3D printed surgical models was driven by the ColorJet Printing (CJP) category, which generated the biggest market share of US$ 481.4 million during the projection period. This is due to the fact that CJP 3D printing labs can save money by using CJP printers.

FDM technology, which belongs to the material extrusion technology class and is office-friendly, simple to use, quick, and allows low-cost development of a prototype, makes it ideal for doctors interested in entering the field of 3D printing. It has a profitable growth potential in the market for 3D printed surgical models.

Due to the rising popularity of HP’s multi jet fusion technology, which is a member of the powder bed fusion class of technologies, it is projected that the other category will expand quickly.

Which Material Dominates the 3D Printed Surgical Models Market?

In 2020, the plastic sector held a disproportionately significant share of US$ 101.3 million in the market for 3D printed surgical models, and is expected to reach US$ 383.3 million by 2032.

The large market share of plastics is expected to be influenced by a number of factors, including the relatively low cost of the material, the availability of improved thermoplastics, the presence of biodegradable plastics, compatibility with a number of 3D printing technologies, and reusability.

Request a Customization @  https://www.futuremarketinsights.com/customization-available/rep-gb-15078

Region-Wise Outlook

What is the North America 3D Printed Surgical Models Market Outlook?

The 3D printed surgical models market in North America is expected to grow to a value of US$ 507.2 million during the projected period. It is projected that the rising senior population and the high frequency of disorders linked to a sedentary lifestyle will support market expansion in the area.

The United States boasts the most sophisticated healthcare infrastructure, including hospitals, clinics, and widespread use of cutting-edge medical goods and services like 3D printing. Furthermore, it is projected that the existence of established market competitors and a favorable reimbursement system would further increase the region’s market share.

How is Europe Performing in the 3D Printed Surgical Models Market?

The Europe 3D printed surgical models market is anticipated to experience a phase of steady growth, with a market value of US$ 473.8 million during the forecast period.

This growth is due to various factors affecting the healthcare sector, such as the focus of government expenditure towards the healthcare sector, particularly in research and development, along with structural changes introduced into the system to enable several healthcare providers to concentrate not just in ensuring that a sufficient volume is handled, but also in ensuring that healthcare professionals do not sacrifice service quality.

How Start-up is Performing in the 3D Printed Surgical Models Market?

The market for 3D printed surgical models offers several opportunities for small firms and startups to create low-cost production and processing processes. End-user demand is continually rising, which can inspire several business people to launch cutting-edge products in this industry.

For instance: Developer of orthopedic implants using 3D printing technology, Monogram was formed in 2017. The business uses patient CT scans to produce intelligent CAD models and develop implants utilizing simulation, geometric modeling, and predictive modeling techniques. Hip implants and joint replacement implants are among the goods created.

Multiply Labs creates dietary supplements tailored to each person’s demands for health, energy, or exercise using pharmaceutical science and robotic technology. The manufacturer further asserts that the drug is made as a sustained time-release tablet to deliver long-lasting therapeutic effects.

How Competition Intensifies the 3D Printed Surgical Models Market?

Due to the presence of numerous domestic and foreign manufacturers, the market for 3D printed surgical models is quite competitive. The development of new products, mergers, acquisitions, partnerships, and collaborations are a few of the important strategic initiatives that market participants have undertaken.

Recent Developments:

• The company’s Mimics Enlight cardiovascular planning software suite will include new Left Atrium Appendage Occlusion (LAAO) procedure support technologies in 2021, boosting Materialize 3D printing capabilities in the field of cardiology.
• In order to offer a new DICOM-to-print solution for surgeons and hospitals throughout North America in 2020, Fast Radius teamed up with Axial3D. It is predicted that such strategic actions will promote market expansion. The following are a few of the leading companies in the market for 3D printed surgical models:

Key Players:

• Stratasys Ltd.
• 3D Systems, Inc.
• Lazarus 3D, LLC
• Osteo3D
• Axial3D
• Onkos Surgical
• Formlabs
• Materialize NV
• 3D LifePrints U.K. Ltd.
• WhiteClouds Inc.

Key segments

• By Surgical Models:
• Cardiac Surgery/Interventional Cardiology
• Gastroenterology Endoscopy of Esophageal
• Neurosurgery
• Orthopedic Surgery
• Reconstructive Surgery
• Surgical oncology
• Transplant Surgery

By Technology:

• Stereo-lithography
• Fused Deposition Modeling

By Material:

• Plastic
• Metal

By End User:

• Hospitals
• Ambulatory Surgical Centers

By Region:

• North America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa
• Latin America

About FMI:

Future Market Insights (ESOMAR certified 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 Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs