Global 3D Printed Surgical Models Market by Material (Plastic, Metal), by Technology (Fused Deposition Modeling, Stereolithography) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global 3D printed surgical models market was valued at USD 282.5 Million in 2020. It is expected to grow at a compound annual rate (CAGR of 15.6%) between 2021 and 2028. This is due to the growing demand for personalized healthcare and technological advances in surgical tools, techniques and 3D printed material. The 3D printing industry was widely recognized in 2020 due to its ability meet pressing manufacturing needs and overcome the weaknesses of traditional manufacturing during COVID-19.

Due to delayed elective surgeries, increasing hospital financial strain and lower investments in advanced 3D printers, the COVID-19 pandemic impacted the market in 2020 for 3D printed surgical models. The market for 3D-printed surgical models was also affected by the economic slowdown, supply chain disruptions, and reduced operational activities in related markets. According to The Needham's survey, 56% of the 255 participants indicated that they were willing to undergo elective surgery within the next three months. This indicates that there is a rise in demand, which will in turn favor market growth.

3D-printed surgical models improve three-dimensional perception and enable pre-adoption surgical instruments in preoperative plans. There are many uses for 3D-printed surgical models in the healthcare industry. These include orthopedic surgery, treatment of trauma injuries and planning of endovascular aneurysm repairs, as well as planning of tumor removal. 3D-printed surgical models can be used to reduce operating time and increase precision. This has led to a rise in demand from surgeons. According to Academic Radiology's study, 3D-printed anatomic models can save an average time of almost 62 minutes, while 3D-printed surgical guides can save an average time of 23 minutes for orthopedic and maxillofacial surgery.

3D-printed surgical models are being created due to the increasing demand for personalized healthcare products and the many applications of 3D printing in medicine. Pediatric cases of congenital heart disease can be more difficult than adults because they have smaller chest cavities. The surgeons can use additive manufacturing to gain more information. This helps them in the spatial orientation of the heart cavities and in guiding the surgical steps with high precision. The 3D-printed surgical models can be used to stimulate the stenting procedure and allow for the assessment of the optimal size, length and position of the stent. This information is then useful for the actual treatment in the patient. These 3D-printed surgical models will be a boon for the market.

Specialty Insights

In 2020, the orthopedic surgery market was the most dominant in terms of 3D-printed surgical models. It held the largest revenue share at more than 30%. Major factors driving growth in orthopedic surgery are the growing geriatric population and the increasing incidence and prevalence of orthopedic disorders. According to the British Medical Journal's study, the average age-standard annual incidence rate for osteoarthritis and the point prevalence were nearly 181.2 and 3754.2 respectively in 100 000 people worldwide between 1990 and 2017. This indicates a high level of disease burden, which favors segment growth.

The 3D printed surgical models specialty segment is broadly categorized into cardiac surgery/interventional cardiology, gastroenterology endoscopy of esophageal, neurosurgery, orthopedic surgery, reconstructive surgery, surgical oncology, and transplant surgery. Over the forecast period, the segment of neurosurgery is expected to experience a significant growth. This is due to the high incidence of neurological disorders and the need to have high precision in neurosurgery because of the complex nature of brain vasculature.

Technology Insights

Fused Deposition Modeling (FDM), which dominated the market for 3D-printed surgical models, accounted for 25.0% of the total revenue in 2020. FDM printers can be used in medical 3D printing labs as they are economical. FDM technology is part of the material extrusion tech class. It's easy to use, fast, and affordable, making it ideal for doctors who are interested in 3D printing. According to the American Society of Mechanical Engineers, nearly half of those surveyed used material extrusion technology in 2020 for medical 3D printing. This makes it the most commonly used technology for prosthetics, assistive devices, and surgical planning. This technology's high adoption is expected to increase market share.

Stereolithography (SLA), ColorJet Printing(CJP), multijet/polyjet print, Fused Deposition Modelings (FDM), and other technologies are all included in the technology segment. Other technologies include powder bed fusion technology, directed energy deposition technologies, and other related technologies. Due to HP's multijet Fusion technology, which is part of the powder bed class of technologies, the others segment will grow rapidly.

Material Insights

The plastic segment was the dominant market for 3D-printed surgical models and held the largest share of revenue at more than 30% in 2020. The high market share for plastics is expected to be due to factors such as the relatively low cost of materials, availability of advanced thermoplastics, presence biodegradable polymers, compatibility and reusability.

The market for 3D-printed surgical models can be divided into three segments based on material: polymer, metal and plastic. Due to the advent of desktop resin-based 3D printing machines and their material versatility, the polymers segment will see significant growth during the forecast period. This will drive market growth.

Regional Insights

North America was the dominant market for 3D-printed surgical models in 2020. It accounted for nearly 34.0% of the total revenue. Market growth is expected to be aided by the growing geriatric population as well as high rates of lifestyle-associated diseases. The U.S. has one of the best healthcare infrastructures in the world, with hospitals and clinics and high-quality healthcare products and services such as HTML3_ 3D printing. The region will benefit from a favorable reimbursement system and established market players.

The market for 3D-printed surgical models in Asia Pacific is expected to grow significantly over the forecast period. The rise in 3D printed surgical models is expected to be driven by factors such as rising per capita income, high unmet medical need, technological advancements, and economic development in emerging countries like India and China.

Market Share Insights & Key Companies

There are many domestic and international players in the market for 3D printed surgical models. This makes it highly competitive. Stratasys Ltd., 3D Systems, Inc, Materialise, Formlabs were the top players in 2020. Market players have taken key strategic initiatives such as new product development and mergers, acquisition, partnership and collaboration. Materialise, for example, added a new procedure support technology, Left Atrium Appendage Occlusion (LAAO), to its Mimics Enlight cardiovascular planning suite in 2021. This allowed it to expand its 3D printing capabilities within the cardiology field. Fast Radius also partnered with Axial3D in 2020 to offer a DICOM-to print service for surgeons across North America. These strategic partnerships are expected to help market growth. The market for 3D printed surgical models includes the following players:

• Stratasys Ltd.

• 3D Systems, Inc.

• Lazarus 3D, LLC

• Osteo3D

• Axial3D

• Onkos Surgical

• Formlabs

• Materialise NV

• 3D LifePrints U.K. Ltd.

• WhiteClouds Inc.

Up Market Research published a new report titled “3D Printed Surgical Models Market research report which is segmented by Material (Plastic, Metal), by Technology (Fused Deposition Modeling, Stereolithography), By Players/Companies 3D Systems Inc, Lazarus 3D LLC, Osteo3D, Stratasys Ltd, Axial3D, Formlabs, Materialise NV, 3D LifePrints UK Ltd, Onkos Surgical, WhiteClouds Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global 3D Printed Surgical Models Market Report Segments:

The market is segmented by Material (Plastic, Metal), by Technology (Fused Deposition Modeling, Stereolithography).

3D Printed Surgical Models Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the 3D Printed Surgical Models Market

Overview of the regional outlook of the 3D Printed Surgical Models Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The 3D Printed Surgical Models Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of 3D Printed Surgical Models Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Plastic

                2. Metal

                1. Fused Deposition Modeling

                2. Stereolithography

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 3D Printed Surgical Models Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the 3D Printed Surgical Models Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.