In 2030, Revenue From 3D Printed Prostheses, Orthotics And Hearing Aids Will Reach US$1 Billion

Recently, 3D printing market research company SmarTech Analysis released a report on the status and forecast of 3D printing of medical devices-"Medical Devices in 2021: Market Opportunities for 3D Printed Prostheses, Orthotics and Hearing Aids"

At present, 3D printing technology is subverting the medical device industry, such as reducing manufacturing costs, digitization, and even automation and the ability to achieve a higher level of device customization. The report predicts that by 2026, this market will achieve US$509 million in revenue, and by 2030 it will likely reach US$996 million.

Over the years, we have seen many cases of 3D printed medical devices, such as orthodontics and orthopedic implants, and applications in surgical training and surgical rehearsal have become more mature. In the report, lower and upper limb prostheses, orthopedic braces and insoles, and hearing aid equipment were discussed. 3D printed prostheses and hearing aids are non-surgical in nature, easy to wear and increase patient comfort.

The market for 3D printed medical devices is rapidly undergoing critical changes. For example, the application of 3D printing in the orthotics and prosthetics industry is about to leave the R&D laboratory and enter the full commercialization stage. Some start-ups of prosthetic equipment and orthopedic insoles are beginning to expand in scale, develop and provide customization through cooperation with the backbone of the industry. Of corrective equipment. In addition, although 3D printing has been one of the manufacturing methods of hearing aid housings for several years, now 3D printing behind ear devices has also exploded in potential.

The SmarTech report studies many companies’ 3D printed medical device innovations, including:

3D Systems

Carbon

Desktop Metal

EnvisionTEC

ExOne

Formlabs

FitMyFoot

GE Additive

Groupe Gorge/ Prodways

HP

Limbitless

Materialise

Naked Prosthetics

Open Bionics

Protolabs

SLM Solutions

Stratasys

Stryker

Ultimaker

Twikit

UNYQ

Zimmer Biomet

In addition, the application of medical modeling continues to increase. For example, CT and MRI scans can be used to create 3D printed anatomical models, so that surgeons can better explain complex operations to patients and their families, and are also used for operations. Before planning to reduce the risk of patients.