3D Printed Surgical Models Market Size, Share & Trends Analysis Report 2021 - 2028
3D Printed Surgical Models Industry Overview
The global 3D printed surgical models market size was valued at USD 282.5 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 15.6% from 2021 to 2028. This growth can be attributed to the rising demand for personalized healthcare, technological advancements in surgical tools and techniques, and 3D printed materials. In 2020, the 3D printing industry gained widespread acknowledgment due to its ability to meet urgent manufacturing needs and overcome the shortcomings of traditional manufacturing during the COVID-19 pandemic.
The outbreak of the COVID-19 pandemic negatively impacted the market for 3D printed surgical models in 2020 due to delays in elective surgeries and increasing strain on hospital financial resources resulting in reduced investments in advanced 3D printing systems. Furthermore, the supply chain disruption, economic slowdown, and reduction in operational activities across various related markets also negatively impacted the market for 3D printed surgical models. However, according to a survey conducted by The Needham, in March 2021, nearly 56% of the 255 participants displayed a willingness to undergo elective surgical procedures in the next 3 months, thereby indicating a rise in demand for surgical procedures post COVID-19, which in turn is anticipated to positively favor market growth.
Gather more insights about the market drivers, restrains and growth of the Global 3D Printed Surgical Models market
3D printed surgical models enhance three-dimensional perception and allow pre-adoption of surgical instruments in preoperative planning. In the healthcare industry, there are various applications of 3D printed surgical models including in orthopedic surgery for the treatment of trauma injuries, planning of tumor resection, endovascular aneurysm repair, and planning of tumor resection. 3D printed surgical models allow for shortening operative time and improving precision, thereby increasing their demand among the surgeons. For instance, according to a study published by Academic Radiology, the use of 3D printed anatomic models saved an average of nearly 62 minutes while the use of 3D printed surgical guides saved an average of 23 minutes of orthopedic and maxillofacial surgeries.
The rapidly growing need for customized healthcare products and the various application of 3D printing in surgery are the factors that are growing the 3D printed surgical models. In congenital heart disease, the surgical treatment in pediatric cases may be difficult because as compared to adults’ children have smaller chest cavities. Additive manufacturing helps the surgeons to have more information that further helps in the spatial orientation inside the cavities of the heart and in stimulating the steps of the operation with high fidelity. The 3D printed surgical models allow the stimulation of the stenting intervention and assessment of optimal size, length, and stent position is useful for actual intervention in the patient. These features of 3D printed surgical models are anticipated to favor market growth.
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3D Printed Surgical Models Market Segmentation
Grand View Research has segmented the global 3D printed surgical models market on the basis of specialty, technology, material, and region:
3D Printed Surgical Models Specialty Outlook (Revenue, USD Million, 2016 - 2028)
- Cardiac Surgery/Interventional Cardiology
- Gastroenterology Endoscopy of Esophageal
- Neurosurgery
- Orthopedic Surgery
- Reconstructive Surgery
- Surgical oncology
- Transplant Surgery
3D Printed Surgical Models Technology Outlook (Revenue, USD Million, 2016 - 2028)
- Stereolithography (SLA)
- ColorJet Printing (CJP)
- MultiJet/PolyJet Printing
- Fused Deposition Modeling (FDM)
- Others
3D Printed Surgical Models Material Outlook (Revenue, USD Million, 2016 - 2028)
- Metal
- Polymer
- Plastic
- Others
3D Printed Surgical Models Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Companies profiled:
Some prominent players in the global 3D Printed Surgical Models market include
- Stratasys Ltd.
- 3D Systems, Inc.
- Lazarus 3D, LLC
- Osteo3D
- Axial3D
- Onkos Surgical
- Formlabs
- Materialise NV
- 3D LifePrints U.K. Ltd.
- WhiteClouds Inc.
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