The global 3D printed surgical models market size was valued at USD 282.5 million in 2020 and is expected to reach USD 1066.6 million by 2028, growing at a CAGR of 15.6% during the forecast period between 2021 and 2028. The 3D printed surgical models are advanced techniques primarily designed to assist patients in preparing for surgery and utilized to enhance post-operation results by conducting effective execution of the planned surgical procedures. These models are widely used for various treatments and surgeries especially for the treatment of hypoplastic left heart syndrome. Aortic architecture and diameters are precisely recreated in 3D models for in vitro simulation and preoperative planning by using the models. Moreover, this technology aids in the training courses of young surgeons as it helps to clearly illustrate the position and size of the organs needed to be put under surgical. The models produce the real-time image of tissues and body components in the form of three-dimensional structure for allowing pre-examination of the concerned body regions.
Market Trends, Drivers, Restraints, and Opportunities:
- Wide prevalence of chronic diseases and rising number of the ageing population who are at high risk of exposing to these diseases worldwide present key rivers of the market.
- Rapid expansion of the medical industry with development of a series of advanced surgical devices especially in the 3D printing technology is a major driving factor of the market.
- Availability of cost-cutting alternatives, increasing level of complex anatomies to optimize surgical repair, and growing demand for orthognathic & cardiac surgeries are pushing the market growth.
- High cost of the equipment installation acts as a major restraining factor of the market. It costs hundreds of thousands of dollars for sophisticated procedures and these technology cannot be utilized in emergency situations. This is a major factor expected to hamper the market expansion in the coming years.
- Increased usage of innovative technologies for printing surgical models such as fused deposition modelling and stereolithography is offering a key aspect of the market growth.
Scope of the report:
The report on the global 3D printed surgical models market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
3D Printed Surgical Models Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Specialty (Cardiac Surgery [Annuloplasty, Repair Coronary Aneurysm, Stent Insertion, and Others], Gastroenterology Endoscopy of Esophagus, Reconstructive Surgery, Surgical Oncology, Transplant Surgery, Neurosurgery, and Orthopedic Surgery), Technology (Stereolithography, Color Jet Printing, MultiJet/poly Jet Printing, Fused Deposition Modeling, and Others), Materials (Polymer, Metal, Plastic, and Others), End-users (Hospitals, Clinics, and Ambulatory Surgical Centers)
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
Lifebeam Technologies Ltd.; Fusar Technologies Inc.; Daqri LLC; Sena Technologies Inc.; Jager HelmX Smart Helmets; Nand Logic Corp.; Forcite Helmet System Pvt. Ltd.; 360fly Inc.; Jarvish Inc.; and Babaali. Co
3D Printed Surgical Models Market Segment Insights:
Orthopedic surgery segment to hold significant market share
In the terms of specialty, the market is segmented into cardiac surgery, gastroenterology endoscopy of esophagus, reconstructive surgery, surgical oncology, transplant surgery, neurosurgery, and orthopedic surgery. The cardiac surgery segment is further divided into annuloplasty, repair coronary aneurysm, stent insertion, and others. The orthopedic surgery segment is projected to hold significant market share during the forecast period owing to the rising frequency and incidence of orthopedic problems especially among the growing elderly population. However, the neurosurgery segment is expected to develop at a healthy rate in the coming years owing to the increasing frequency of neurological diseases and wide necessity for great accuracy in neurosurgery treatment.
Fused deposition modeling segment to expand substantially
Based on technology, the market is fragmented into stereolithography (SLA), color jet printing (CJP), MultiJet/poly jet printing, fused deposition modeling (FDM), and others. The FDM segment is anticipated to expand substantially in the coming years due to wide application of the printers as they are cost-effective. FDM technology, which belongs to the material extrusion technology class, is office-friendly, easy to use, fast, and enables for low-cost prototype creation, making it perfect for physicians interested in 3D printing. Powder bed fusion technologies, directed energy deposition technologies, and other related technologies are included in the others category. Owing to the growing popularity of HP's MultiJet fusion technology, which belongs to the powder bed fusion class of technologies, the others segment is expected to grow at a high rate.
Plastic segment to grow at a robust rate
On the basis of materials, the global 3D printed surgical models market is segregated into polymer, metal, plastic, and others. The plastics segment is expected to grow at a robust rate due to certain advantages such as low cost, availability of advanced thermoplastics, availability of biodegradable plastics, compatibility with a variety of 3D printing methods, and reusability. With the introduction of desktop resin-based 3D printers and material flexibility, the polymers market is expected to increase significantly during the projected period.
North America to dominate the global market
In terms of regions, the market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America constituted a significant share of the market in 2020 and is projected to dominate the market in the coming years due to wide occurrence of surgical operations, impacted by the rising number of the ageing population in the region. Moreover, availability of sophisticated healthcare infrastructure of institutions including clinics and hospitals along with widespread use of innovative healthcare goods and services especially in the US present another key drivers of the regional market growth. In addition, the presence of a favorable reimbursement structure and well-established market competitors are expected to boost the market share of the region. On the other hand, the market of Asia Pacific is expected to develop at a healthy rate owing to the growth in demand for 3D printed surgical models, rising per capita income and high unmet medical requirements, as well as technical developments and economic development in emerging nations such as India and China.
- Cardiac Surgery
- Repair Coronary Aneurysm
- Stent Insertion
- Gastroenterology Endoscopy of Esophagus
- Orthopedic Surgery
- Reconstructive Surgery
- Surgical Oncology
- Transplant Surgery
- Fragmented Stereolithography (SLA)
- Color Jet Printing (CJP)
- MultiJet/poly jet printing
- Fused Deposition Modeling (FDM)
- Ambulatory Surgical Centers
- Asia Pacific
- North America
- Latin America
- Middle East & Africa
By Key Players
- Stratasys Ltd.
- 3D Systems Inc
- Lazarus 3D LLC
- ENVISIONTEC, INC.
- Onkos Surgical
- Materialise NV
- ENVISIONTEC, INC.
- Onkos Surgical
- 3D LifePrints U.K. Ltd.
- WhiteClouds Inc.
Key players in the global 3D printed surgical models market are Stratasys Ltd., 3D Systems Inc, Lazarus 3D LLC, ENVISIONTEC, INC., Axial3D, Onkos Surgical, Formlabs, Materialise NV, ENVISIONTEC, INC., Axial3D, Onkos Surgical, 3D LifePrints U.K. Ltd., and WhiteClouds Inc. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.