3DPrint.com May 28, 2024
Soaring to $16.5 billion by 2034, the 3D printed medical device market is on a remarkable growth trajectory. According to a recent report by Additive Manufacturing Research titled “Market Trends and Opportunities in Medical Devices; Prosthetics, Dental, Audiology,” the market is expected to expand from $4.5 billion in 2023, achieving a compound annual growth rate (CAGR) of 12% over the next decade.
Transformative Impact
3D printing technology has revolutionized the healthcare sector, significantly impacting the production and accessibility of medical devices. This technology has helped create personalized medical devices tailored to individual patient needs, reducing development costs and fostering innovation in advanced medical solutions. For instance, custom-made implants and prosthetics, such as titanium implants for cranial reconstruction and personalized limb...