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Global 3D Printed Prosthetics Market to reach USD 2.35 billion by the end of 2029

Global 3D Printed Prosthetics Market Size study & Forecast, by Type (Sockets, Limbs, Joints, Others), by Material (Polyethylene, Polypropylene, Acrylics, Polyurethane), by End-use (Hospitals, Rehabilitation Centers, Prosthetic Clinics) and Regional Analysis, 2022-2029

Product Code: HLSMDE-87915992
Publish Date: 25-01-2023
Page: 200

Global 3D Printed Prosthetics Market is valued at approximately USD 1.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2022-2029. 3D printed prosthetics are the usage of additive manufacturing technologies instead of traditional subtractive manufacturing methods for producing artificial body parts. 3D scanning and printing are implemented in a variety of medical applications, including creating prosthetic implants. The market growth is primarily driven by the factors such as the increasing number of accidental injuries and trauma cases, the rising introduction of 3D-printed prosthetic implants for orthopedic applications, coupled with the growing need for customized additive manufacturing.

The increasing expenditure on healthcare products and services is exhibiting a positive influence on the growth of the market. According to Statista, in 2019, the healthcare expenditure in Brazil was recorded at USD 182.38 billion and it is anticipated that the amount increases and reach USD 212.59 billion by the year 2028. Likewise, as per CMS.gov, in the United States, the national healthcare expenditure grew 9.7% to USD 4.1 trillion or USD 12,530 per person in 2020, which accounted for 19.7% of the Gross Domestic Product (GDP). Also, it is anticipated that the National health spending is likely to increase at an average annual rate of 5.4 percent for 2019-28 and is estimated to reach USD 6.2 trillion by 2028. Therefore, these aforementioned factors are acting as catalyzing factors for market growth globally. Moreover, the rising introduction of innovative products, as well as the growing investment in R&D of 3d printing are presenting various lucrative opportunities over the forecasting years. However, the stringent regulatory policies and lack of awareness among people about the advanced technologies of prosthetic implants are challenging the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global 3D Printed Prosthetics Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the surging demand for quality healthcare services, favorable government initiatives, and the rising incidence of sports injuries. Whereas, the Asia Pacific is also expected to grow with the highest CAGR during the forecast period, owing to factors such as rising investment in research & development, increasing number of accidental cases, and the presence of a large fraction of the population in the market space.

Major market players included in this report are:
3D Systems Corporation
Stratasys Ltd.
LimbForge, Inc.
Create Prosthetics
Bio3D Technologies
Laser GmbH
Prodways Group
3T RPD Ltd.

Recent Developments in the Market:
 In 2022, Protosthetics- a 3D printed prosthetic manufacturer unveiled that the company launched its novel in-house 3D printing program. The product is specially designed for orthotics and prosthetics (O&P) practices.

Global 3D Printed Prosthetics Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Material, End-use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
By Material:
By End-use:
Rehabilitation Centers
Prosthetic Clinics
By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. 3D Printed Prosthetics Market, by Region, 2019-2029 (USD Billion)
1.2.2. 3D Printed Prosthetics Market, by Type, 2019-2029 (USD Billion)
1.2.3. 3D Printed Prosthetics Market, by Material, 2019-2029 (USD Billion)
1.2.4. 3D Printed Prosthetics Market, by End-use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global 3D Printed Prosthetics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global 3D Printed Prosthetics Market Dynamics
3.1. 3D Printed Prosthetics Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing expenditure on healthcare products and services Rising introduction of 3D-printed prosthetic implants for orthopedic applications
3.1.2. Market Challenges Stringent regulatory policies Lack of awareness among people about the advanced technologies of prosthetic implants
3.1.3. Market Opportunities Rising introduction of innovative products Growing investment in R&D of 3d printing
Chapter 4. Global 3D Printed Prosthetics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global 3D Printed Prosthetics Market, by Type
6.1. Market Snapshot
6.2. Global 3D Printed Prosthetics Market by Type, Performance – Potential Analysis
6.3. Global 3D Printed Prosthetics Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. 3D Printed Prosthetics Market, Sub Segment Analysis
6.4.1. Sockets
6.4.2. Limbs
6.4.3. Joints
6.4.4. Others
Chapter 7. Global 3D Printed Prosthetics Market, by Material
7.1. Market Snapshot
7.2. Global 3D Printed Prosthetics Market by Material, Performance – Potential Analysis
7.3. Global 3D Printed Prosthetics Market Estimates & Forecasts by Material 2019-2029 (USD Billion)
7.4. 3D Printed Prosthetics Market, Sub Segment Analysis
7.4.1. Polyethylene
7.4.2. Polypropylene
7.4.3. Acrylics
7.4.4. Polyurethane
Chapter 8. Global 3D Printed Prosthetics Market, by End-use
8.1. Market Snapshot
8.2. Global 3D Printed Prosthetics Market by End-use, Performance – Potential Analysis
8.3. Global 3D Printed Prosthetics Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
8.4. 3D Printed Prosthetics Market, Sub Segment Analysis
8.4.1. Hospitals
8.4.2. Rehabilitation Centers
8.4.3. Prosthetic Clinics
Chapter 9. Global 3D Printed Prosthetics Market, Regional Analysis
9.1. 3D Printed Prosthetics Market, Regional Market Snapshot
9.2. North America 3D Printed Prosthetics Market
9.2.1. U.S. 3D Printed Prosthetics Market Type breakdown estimates & forecasts, 2019-2029 Material breakdown estimates & forecasts, 2019-2029 End-use breakdown estimates & forecasts, 2019-2029
9.2.2. Canada 3D Printed Prosthetics Market
9.3. Europe 3D Printed Prosthetics Market Snapshot
9.3.1. U.K. 3D Printed Prosthetics Market
9.3.2. Germany 3D Printed Prosthetics Market
9.3.3. France 3D Printed Prosthetics Market
9.3.4. Spain 3D Printed Prosthetics Market
9.3.5. Italy 3D Printed Prosthetics Market
9.3.6. Rest of Europe 3D Printed Prosthetics Market
9.4. Asia-Pacific 3D Printed Prosthetics Market Snapshot
9.4.1. China 3D Printed Prosthetics Market
9.4.2. India 3D Printed Prosthetics Market
9.4.3. Japan 3D Printed Prosthetics Market
9.4.4. Australia 3D Printed Prosthetics Market
9.4.5. South Korea 3D Printed Prosthetics Market
9.4.6. Rest of Asia Pacific 3D Printed Prosthetics Market
9.5. Latin America 3D Printed Prosthetics Market Snapshot
9.5.1. Brazil 3D Printed Prosthetics Market
9.5.2. Mexico 3D Printed Prosthetics Market
9.5.3. Rest of Latin America 3D Printed Prosthetics Market
9.6. Rest of The World 3D Printed Prosthetics Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. 3D Systems Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. EnvisionTEC
10.2.3. Stratasys Ltd.
10.2.4. Bionicohand
10.2.5. LimbForge, Inc.
10.2.6. Create Prosthetics
10.2.7. Bio3D Technologies
10.2.8. Laser GmbH
10.2.9. Prodways Group
10.2.10. 3T RPD Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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