India 3d Printed Surgical Models Market Size & Outlook
India 3d printed surgical models market, 2018-2030 (US$M)
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India 3d printed surgical models market highlights
- The India 3d printed surgical models market generated a revenue of USD 18.6 million in 2022 and is expected to reach USD 74.7 million by 2030.
- The India market is expected to grow at a CAGR of 19% from 2023 to 2030.
- In terms of segment, orthopedic surgery was the largest revenue generating specialty in 2022.
- Neurosurgery is the most lucrative specialty segment registering the fastest growth during the forecast period.
3d printed surgical models market data book summary
| Market revenue in 2022 | USD 18.6 million |
| Market revenue in 2030 | USD 74.7 million |
| Growth rate | 19% (CAGR from 2022 to 2030) |
| Largest segment | Orthopedic surgery |
| Fastest growing segment | Neurosurgery |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiac Surgery/ Interventional Cardiology, Gastroenterology Endoscopy of Esophageal, Neurosurgery, Orthopedic Surgery, Reconstructive Surgery, Surgical Oncology, Transplant Surgery |
| Key market players worldwide | Stratasys Ltd, 3D Systems Corp, Formlabs, Materialise NV ADR, Lazarus 3D, Osteoid, Axial3D, Onkos Surgical, Insight Surgery, WhiteClouds |
Other key industry trends
- In terms of revenue, India accounted for 3.5% of the global 3d printed surgical models market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan 3d printed surgical models market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 74.7 million by 2030.
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3D Printed Surgical Models Market Scope
3D Printed Surgical Models Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 3d printed surgical models market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3d printed surgical models market will help companies and investors design strategic landscapes.
Orthopedic surgery was the largest segment with a revenue share of 32.8% in 2022. Horizon Databook has segmented the India 3d printed surgical models market based on cardiac surgery/ interventional cardiology, gastroenterology endoscopy of esophageal, neurosurgery, orthopedic surgery, reconstructive surgery, surgical oncology, transplant surgery covering the revenue growth of each sub-segment from 2018 to 2030.
The shortage of healthcare professionals in countries creates growth opportunities for technology that can make surgeries easier, faster, and more precise for the medical team. This is expected to boost the demand for 3D printed surgical models in the country.
India has a very low healthcare spending. According to WHO, healthcare spending per capita in India was USD 72.8 in 2018. However, improving healthcare infrastructure in India offers growth opportunities in 3D printed surgical model market.
For instance, the budget of 2021 increased the spending on healthcare by 137%. Moreover, population of over 1.3 billion and surgical volume of over 1 million per year are expected to create immense opportunities for 3D printed surgical model market.
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Horizon Databook provides a detailed overview of country-level data and insights on the India 3d printed surgical models market , including forecasts for subscribers. This country databook contains high-level insights into India 3d printed surgical models market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India 3d printed surgical models market size, by specialty, 2018-2030 (US$M)
India 3D Printed Surgical Models Market Outlook Share, 2022 & 2030 (US$M)
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