The global 3D printed surgical models market size is expected to reach USD 1,605.6 Million by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 15.2% in the forecast period. The market for 3D printed surgical models has grown as a result of the increased demand for technological advancements in surgical instruments, techniques, 3D printed materials, and individualized healthcare. The use of 3D printed surgical models in the medical industry for planning endovascular aneurysm repair, tumor excision, and the cure for trauma injuries in orthopedic surgery has improved market statistics for 3D printed surgical models.
Surgeons are particularly intrigued by 3D-printed surgical models as they can speed up operations and increase accuracy. 25 studies utilizing 3D-printed surgical guides showed a mean time savings of 23 minutes, while seven research using 3D-printed anatomic models in surgical care showed a mean time saving of 62 minutes. Academic Radiology published the results of this investigation. Furthermore, the rising spending on healthcare by governments worldwide aids surgeons in performing surgery successfully and precisely, leading to a rise in the number of successful treatments. The surge in demand for minimally invasive procedures has been the primary factor driving the industry expansion for 3D printed surgical models throughout the predicted timeframe.
Due to technological improvements and advances in the medical sciences, the market is growing. The industry share is being driven by an older population and a global need for minimally invasive surgery. On the other hand, it is anticipated that the high cost of the technology will limit the demand. The increased utilization of refurbished and recycled equipment is also anticipated to limit industry growth during the forecast period. The pandemic has caused a decline in the demand for goods and equipment, which affected new investments in the healthcare sector.
Due to strict lockdown restrictions in the nation and the product’s disrupted supply chain, medical devices also saw low sales and revenue in the first half of 2020. The COVID-19 pandemic had a negative effect on the industry in 2020 as it caused delays in elective procedures and increased financial burden on hospitals. However, there was a spike in elective operations in 2021, indicating a gain in surgical procedure demand following COVID-19, which is expected to favorably impact industry growth.
Request a free sample copy or view report summary: 3D Printed Surgical Models Market Report
The orthopedic surgery segment dominated the industry in 2021 due to the growing geriatric population and increased prevalence & incidence of orthopedic illnesses
The Fused Deposition Modeling(FDM) segment is expected to witness a significant CAGR during the forecast period. FDM printers are economical in medical 3D printing labs, which aids the segment dominance
FDM technology is a sort of material extrusion technology that is perfect for doctors since it is quick, simple to use, office-friendly, and allows for low-cost prototype development
North America dominated the global industry in 2021 owing to the rising cases of chronic disorders, technological advances in healthcare, and the high geriatric population in the U.S.
Asia Pacific is estimated to register the fastest CAGR during the forecast period due to the growing patient population, supportive government initiatives, and rising disposable income
Grand View Research has segmented the global 3D printed surgical models market based on specialty, technology, material, and region:
3D Printed Surgical Models Specialty Outlook (Revenue, USD Million, 2018 - 2030)
Cardiac Surgery/Interventional Cardiology
Annuloplasty (mitral valve repair)
Repair Coronary Aneurysm
Replacement of Aortic Valve
Stent Insertion
Repair Congenital Heart Defects
Gastroenterology Endoscopy of Esophageal
Endoscopy of Esophageal lesion
Splenectomy
Neurosurgery
Repair Aneurysm
Transsphenoidal Excision of Pituitary Gland
Remove Brain Tumor
Orthopedic Surgery
Repair Scoliosis
Repair Clavicle Fracture
Hip Repair
Repair Intervertebral Disc
Hip Replacement Revision
Repair Leg Fracture
Osteotomy
Reconstructive Surgery
Facial Reconstruction
Hand Reconstruction
Breast Reconstruction
Mastoidectomy
Cleft Palate Correction
Surgical Oncology
Removal of Adrenal Tumor
Removal of Liver Tumor
Endoscopic Removal of Cardiac Lesion
Thoracic Removal of Lung Tumor
Removal of Renal Tumor
Transplant Surgery
Cardiac Surgery/ Interventional Cardiology
Heart Transplant
Liver Transplant
Lung Transplant
Kidney Transplant
3D Printed Surgical Models Technology Outlook (Revenue, USD Million, 2018 - 2030)
Stereolithography (SLA)
ColorJet Printing (CJP)
MultiJet/PolyJet Printing
Fused Deposition Modeling (FDM)
Others
3D Printed Surgical Models Material Outlook (Revenue, USD Million, 2018 - 2030)
Metal
Polymer
Plastic
Others
3D Printed Surgical Models Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Spain
Italy
Asia Pacific
India
China
Japan
South Korea
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
List of Key Players in 3D Printed Surgical Models Market
Stratasys Ltd.
3D Systems, Inc.
Lazarus 3D, LLC
Osteo3D
Axial3D
Onkos Surgical
Formlabs
Materialise NV
3D LifePrints U.K. Ltd.
WhiteClouds Inc.
"The quality of research they have done for us has been excellent..."