The global 3D printed prosthetics market was surpassed at USD 0.91 billion in 2021 and is expected to hit around USD 1.87 billion by 2030, growing at a CAGR of 8.33% from 2022 to 2030.
3D printing technology is transforming the field of medicine and tackling specific issues such as prosthetics. The 3D printed prosthetic products permit amputees to get a hold of a medical device which is cheaper cost than traditional prosthetic devices. Many companies are utilizing the advantages of additive manufacturing and generative design to make a new methodology for prosthetics both in terms of functionality and form. 3D-printed prosthetics are available in materials such as polyethylene, polypropylene, acrylics, and polyurethane.
The increase in demand for uniquely designed prosthetic products, the rise in the incidence of road accidents and sports injuries, and the availability of 3D printed prosthetic implants for orthopedic conditions are anticipated to develop the growth of the 3D printed prosthetics market significantly. In addition, an increase in the prevalence of diabetic-related amputation, a surge in demand for advanced prosthetics products, and an increase in the requirement for customized additive manufacturing are the other factors that drive the market growth. Moreover, increasing investment in R&D for developing technologically advanced prosthetics, favorable reimbursement policies, government initiatives, and inclination toward advanced innovative products further boost the market growth.
The COVID-19 pandemic had considerably impacted the manufacturing, and transportation of raw materials of 3D printed prosthetics products. The supply chain was disturbed during the COVID-19 pandemic lockdown in various regions. The market players have observed a decrease in the sale of 3D printed prosthetics products. However, after the COVID-19 pandemic, the sale of 3D printed prosthetics started rising as the requirement and demand for the prosthetics surged with a rise in the awareness about the prosthetics among the consumers.
Scope of The Report
Report Coverage | Details |
Market Size in 2021 | USD 0.91 billion |
Revenue Forecast by 2030 | USD 1.87 billion |
Growth rate from 2022 to 2030 | CAGR of 8.33% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segmentation | Product Type, Material, End-Use, Region |
Companies Covered |
3D Systems Corporation, Mercurys, LimbForge Inc., Bionicohand, EnvisionTEC, YouBionic, UNYQ, Stratasys Ltd., Open Bionics, Bio3D Technologies, and Create Prosthetics |
Based on the product type, limbs are anticipated to account for the highest market share due to an increase in demand for 3D printed prosthetic limbs, an increase in the number of accidental injuries, and a rise in amputation cases are the major factors that boost the growth of the market. Moreover, market players in 3D printed prosthetics are concentrating on the development of waterproof 3D printed prosthetic limbs. The invention aims to offer the user a better range of mobility, mainly in athletics. The 3D-printed prosthetic limbs offer advantages such as not causing pain to the user, being more comfortable, and being highly customizable.
The North America region is expected to witness the largest market share and growth over the forecast period. The factors such as an increase in the incidence of sports injuries, growing demand for quality healthcare services, presence of several key market players in this region, and well-established healthcare infrastructure drives the growth of the market. Moreover, favorable government initiatives to support R&D activities and subsidies for improving the adoption of 3D-printed prosthetics are likely to fuel the market growth in the region.
Key Players
Market Segmentation
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on 3D Printed Prosthetics Market
5.1. COVID-19 Landscape: 3D Printed Prosthetics Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global 3D Printed Prosthetics Market, By Product Type
8.1. 3D Printed Prosthetics Market, by Product Type, 2022-2030
8.1.1 Sockets
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Limbs
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Joints
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Covers
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global 3D Printed Prosthetics Market, By Material
9.1. 3D Printed Prosthetics Market, by Material, 2022-2030
9.1.1. Polypropylene
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Polyethylene
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Acrylics
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Polyurethane
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global 3D Printed Prosthetics Market, By End-Use
10.1. 3D Printed Prosthetics Market, by End-Use, 2022-2030
10.1.1. Hospitals
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Rehabilitation Centers
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Prosthetic Clinics
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global 3D Printed Prosthetics Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.1.2. Market Revenue and Forecast, by Material (2017-2030)
11.1.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Material (2017-2030)
11.1.4.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Material (2017-2030)
11.1.5.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.2. Market Revenue and Forecast, by Material (2017-2030)
11.2.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Material (2017-2030)
11.2.4.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Material (2017-2030)
11.2.5.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Material (2017-2030)
11.2.6.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Material (2017-2030)
11.2.7.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.2. Market Revenue and Forecast, by Material (2017-2030)
11.3.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Material (2017-2030)
11.3.4.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Material (2017-2030)
11.3.5.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Material (2017-2030)
11.3.6.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Material (2017-2030)
11.3.7.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.2. Market Revenue and Forecast, by Material (2017-2030)
11.4.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Material (2017-2030)
11.4.4.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Material (2017-2030)
11.4.5.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Material (2017-2030)
11.4.6.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Material (2017-2030)
11.4.7.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.5.2. Market Revenue and Forecast, by Material (2017-2030)
11.5.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Material (2017-2030)
11.5.4.3. Market Revenue and Forecast, by End-Use (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product Type (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Material (2017-2030)
11.5.5.3. Market Revenue and Forecast, by End-Use (2017-2030)
Chapter 12. Company Profiles
12.1. 3D Systems Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Mercurys
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. LimbForge Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Bionicohand
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. EnvisionTEC
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. YouBionic
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. UNYQ
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Stratasys Ltd.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Open Bionics
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Bio3D Technologies
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms