What is the global market size of 3D Printed Surgical Models Market?

3D Printed Surgical Models Market size was valued at USD 454.2 Million in 2021 and is poised to grow from USD 522.33 Million in 2022 to USD 1597.82 Million by 2030, at a CAGR of 15% during the forecast period (2023-2030).

Global 3D Printed Surgical Models Market Size, Share, Growth Analysis, By Technology, Type(stereolithography (SLA), ColorJet Printing (CJP)), By Material(Metal, Polymer) - Industry Forecast 2024-2031

Report ID: SQMIG35A2225 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 66 | Figures: 75

Global 3D Printed Surgical Models Market News

To enhance spinal procedures using 3D printing with HP's Jet Fusion 5200 3D printers, Mighty Oak Medical and HP embarked into a technological collaboration in June 2023. Installing Jet Fusion 5200 3D printers has resulted in 99.7% accurate screw replacement and increased reproducibility and consistency.
A contract was struck in February 2023 between Ricoh USA, Inc. and Stratasys Ltd. to supply 3D-printed anatomic models for clinical settings on demand. The new service builds on an existing relationship between Ricoh 3D for Healthcare and Stratasys to increase access to 3D-printed medical models. Anatomic 3D-printed models are accurate, comprehensive representations of a patient's anatomy that aid in the planning and execution of difficult procedures while fostering better lines of communication between medical personnel, patients, and their families.
The J3 DentaJet 3D printer, an entry-level multi-material printer from Stratasys, was introduced in February 2023. It enables dental labs to generate incredibly accurate mixed applications in a single tray simultaneously. Using biocompatible polymers (clear, rigid, and flexible), the J3 DentaJet 3D printer prints mixed parts for crown and bridge models, implantology (model, surgical guides, and gingiva masks) and orthodontic models all in the same print job.
In order to design and produce next-generation medical devices, PrinterPrezz, Inc., a leader in the industry in fusing nanotechnologies, surgical experience, and polymer and metal 3D printing, signed a memorandum of understanding (MOU) in October 2022 to investigate opportunities for joint development of 3D printed medical implants in Singapore.

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Global 3D Printed Surgical Models Market size was valued at USD 522.33 Million in 2022 and is poised to grow from USD 600.68 Million in 2023 to USD 1837.49 Million by 2031, at a CAGR of 15 % during the forecast period (2024-2031).

The global 3D printed surgical models market is highly competitive and fragmented, with the presence of several key players. These players are actively engaged in expanding their businesses through various strategies, such as mergers and acquisitions, partnerships, collaborations, and product launches. The intense competition among these players has led to a high degree of innovation and the introduction of new and advanced products in the market. Additionally, the players are also focused on expanding their global presence through strategic partnerships and collaborations with local players. As the demand for 3D printed surgical models continues to increase, it is expected that the competition among the players in the market will intensify further. 'Stratasys Ltd. (Israel)', '3D Systems Corporation (US)', 'Materialise NV (Belgium)', 'Renishaw plc (UK)', 'EOS GmbH (Germany)', 'EnvisionTEC GmbH (Germany)', 'SLM Solutions Group AG (Germany)', 'Organovo Holdings, Inc. (US)', 'Formlabs, Inc. (US)', 'Concept Laser GmbH (Germany)', '3D LifePrints (UK)', 'Axial3D (UK)', 'RS Print (Spain)', 'Anatomiz3D Medtech Private Limited (India)', 'Replica 3DM (Australia)', 'Osteo3d (US)', 'Youbionic (Italy)', 'ProX DMP 300 (US)', 'Cyfuse Biomedical K.K. (Japan)', 'Bio3D Technologies Pte Ltd. (Singapore)'

The 3D printed surgical models provide surgeons with the opportunity to create personalized models that mimic the patient's anatomy, allowing for more precise surgical planning and reduced surgical time. This helps in improving surgical outcomes and reducing the risk of complications. For instance, in April 2021, Stratasys Ltd. collaborated with Materialize NV to develop personalized surgical models for pediatric heart surgery. This collaboration aims to reduce surgical time, improve outcomes, and enhance patient care.

Rising adoption of 3D printed surgical models in neurosurgery: The use of 3D printed surgical models is rapidly gaining traction in neurosurgery due to the complexity of the surgical procedures and the need for precise anatomical models. In May 2021, Oxford Performance Materials, Inc. received FDA clearance for its 3D printed spinal implant, which was developed using a patient-specific anatomical model.

North America currently dominates the global 3D-printed surgical model market, and it is expected to continue growing at a CAGR of 15.8% over the forecast period. This high market share can be attributed to factors such as an increasing geriatric population, high adoption of advanced technology, strong government initiatives for quality healthcare, and supportive reimbursement policies in the U.S. and Canada. Furthermore, high investments in research and development have led to increased adoption of surgical models manufactured using 3D printing, which further boosts market growth. The presence of dominant 3D printer companies with a robust distribution network in the U.S. and Canada, involved in R&D to introduce innovative technologies to the 3D-printed surgical model market, also contributes to the region's market growth.

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Global 3D Printed Surgical Models Market Size, Share, Growth Analysis, By Technology, Type(stereolithography (SLA), ColorJet Printing (CJP)), By Material(Metal, Polymer) - Industry Forecast 2024-2031

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