3D Printing in Medical Applications Market Size Analysis and Top Companies
The global 3D printing in medical applications market size is projected to surpass around USD 16.88 billion by 2033 from USD 3.53 billion in 2023, expanding at a solid CAGR of 16.94% between 2023 and 2033. The top companies in the 3D printing in medical applications market are 3D Systems, Markforged, Organovo, EnvisionTEC, Siemens, Arkema, Struktur, Stratasys, Materialise, Formlabs, and Others.
Market Report Coverage
| Report Attributes |
Details |
| Market Size by 2033 |
USD 16.88 Billion |
| Market Size in 2023 |
USD 3.53 Billion |
| Market Growth Rate from 2023 to 2033 |
CAGR of 16.94% |
| Largest Market |
North America |
| Base Year |
2023 |
| Forecast Period |
2023 to 2033 |
| Segments Covered |
Applications, Raw Materials, Technology, and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, and Africa |
3D Printing in Medical Applications Key Players
- 3D Systems
- Markforged
- Organovo
- EnvisionTEC
- Siemens
- Arkema
- Struktur
- Stratasys
- Materialise
- Formlabs
Recent Developments
- In October 2024, PrintMon Maker, a new AI-powered 3D model generator, was unveiled by 3D printer company Bambu Lab. Using text or image suggestions, users can design 3D printable characters with this tool accessible through MakerWorld. It aims to promote innovation and reduce the entrance barrier for 3D modeling. Interestingly, the generative AI platform generates models best suited for 3D printing in several colors.
- In May 2024, to examine diseased or damaged tissues and organs, researchers at the Mayo Clinic created tissue replicas of various bodily components using technology. They see a time when a 3D bioprinter may shape living cells to create a treatment or remedy for complicated illnesses.
- In January 2024, Simpliforge Creations, a provider of additive manufacturing solutions, and ABB Robotics are working to improve and develop 3D printing technology for the Indian construction industry. Due to the partnership, construction companies will be able to build structures more quickly, safely, and sustainably.
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