According to a recently released Future Market Insights report, the overall market value is estimated to be around USD 507.3 million in 2023. The global demand for 3D printed maxillofacial implants is expected to display a CAGR of 8.2% while amassing a market value worth of USD 1,119.1 million by 2033.
The global market exhibited a CAGR of 3.6% between 2018 and 2022 concluding at a net worth of USD 483.8 million in 2022. Increasing demand for 3D printed maxillofacial implants is due to reduced surgical times and elimination of constraints of shape, internal structure, and size.
Surging cases of road accidents owing to industrialization and urbanization and growing demand for effective reconstructive surgeries are projected to offer various opportunities for expansion to the 3D printed maxillofacial market. Growing demand for minimally invasive surgeries is anticipated to augment the 3D printed maxillofacial market during the assessment period.
The increasing prevalence of facial fractures is likely to lead mainly from combat sports. Furthermore, the expanding geriatric population and rising healthcare expenditures are other factors contributing to the growth of the 3D printed maxillofacial implants market during the forecast period.
| Report Attributes | Details |
|---|---|
| Global 3D Printed Maxillofacial Implants Market Valuation in 2022 | USD 483.8 million |
| Estimated Global Market Share in 2023 | USD 507.3 million |
| Forecasted Global Market Size by 2033 | USD 1,119.1 million |
| Projected Global Market Growth Rate from 2023 to 2033 | 8.2% CAGR |
| Historical Market Growth Rate from 2018 to 2022 | 3.6% |
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Growing Prevalence of Facial Injuries to Boost the Demand for 3D Printed Maxillofacial Implants
As per the Centers for Disease Control and Prevention (CDC), 1.7 to 3.8 million traumatic brain injuries are reported annually in the United States. Out of these, 10% arise due to sports and recreational activities. In 2018, the United States Consumer Product Safety Commission (CPSC) data revealed that 454,407 sports-related head injuries were treated in the United States. Such facts and figures are expected to widen the scope of 3D-printed maxillofacial implant growth during the forecast period.
The growing prevalence of facial injuries and fractures is anticipated to drive the demand for maxillofacial implant equipment in the forthcoming years. Some of the most vital factors driving the incidence of facial fractures include incidents such as domestic accidents, motor vehicle accidents, violence, work-related injuries, and sports, among others. Among all, road traffic accidents are likely to secure a dominant share of maxillofacial trauma events.
Growing Approvals by Regulatory Authorities to Pose Significant Opportunities to the 3D-Printed Maxillofacial Implants Market
Increasing approvals of the equipment by authorities such as the FDA is expected to offer significant opportunities for expansion during the forecast period. For instance, In July 2022, a 3D printed bone graft from medical equipment manufacturer Cerhum obtained approval for use in Europe.
MyBone is the first commercially available 3D printed bone graft authorized under the Medical Device Regulation 2017/745 and has also been ISO 13485 certified. As a result, the patient-specific bone graft will now be made available to maxillofacial and orthopedic surgeons throughout the continent. Such factors are likely to strengthen the 3D printed maxillofacial implants market during the forecast period.
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Lack of Awareness to Limit the 3D Printed Maxillofacial Implants Market
Lack of awareness about the market is expected to act as a significant factor limiting the market growth during the forecast period. Further, high expenses associated with a 3D printed maxillofacial implant are another cause hindering the development of the market in the assessment period.
Growing technological development in maxillofacial implants is expected to act as a significant counter to the hampering factors and assist in market growth during the forecast period.
Maximum Benefits Offered by Healthcare Settings to Strengthen the Hospital Segment
The study reveals that the hospital segment is likely to dominate the global 3D printed maxillofacial implants market during the forecast period. In 2021, the segment garnered at USD 822.5 million.
Domination of the segment can be attributed to the fact that maximum maxillofacial surgeries are conducted in hospitals due to the presence of technologically developed equipment, facilities, and expertise in these healthcare settings.
Other provisions like intensive care units and post-surgical support might lead to many people going to hospitals. Thus, due to various benefits provided by these healthcare settings, the hospital segment is going to exhibit various prospects of growth in the forecast period.
| Category | By End User Vertical |
|---|---|
| Top Segment | Hospital |
| Market Share in Percentage | 73.3% |
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Growing Approvals by FDA for Key Equipment to widen Market Growth Prospects
According to FMI’s analysis, North America is anticipated to dominate the global market during the forecast period. In 2022, the region claimed 37.4% of the total market share. The United States is anticipated to make the maximum contribution to developing the regional market.
Expansion of the regional market is majorly attributed to the expanding geriatric population along with the presence of renowned international players in the region. Also, the number of surgeries performed in the United States is high and is multiplying each year which is projected to have a positive impact on the market during the forecast period.
Growing approval by the United States FDA for key 3D printed maxillofacial equipment is anticipated to fuel the market growth in the forecast period. In October 2020, Pioneering 3D printer manufacturer 3D Systems announced that it received 510(k) clearance from the FDA to 3D print maxillofacial surgical guides using its LaserForm Ti and DuraFormProX PA materials. Such factors are expected to make significant contributions to the market growth in the forecast period.
| Regional Market Comparison | Global Market Share in Percentage |
|---|---|
| North America | 37.2% |
| Europe | 28.4% |
Introduction of New Products in Europe’s Market to Develop the Regional Market
According to Future Market Insights, Europe’s 3D printed maxillofacial implants market is anticipated to be the second-largest market during the forecast period. In 2022, the region secured 29.2% of the global market share.
Expansion of the regional market can be attributed to the growing launch of new products in the market. For instance, in 2019, Evonik rolled out new radiopaque material, PEEK, which can be used for implant technology. The newly launched material can be used in maxillofacial implants. It also offers enhanced bio-stability and biocompatibility.
| Regional Market Comparison | Global Market Share in Percentage |
|---|---|
| The United States | 34.7% |
| Germany | 7.3% |
| Japan | 4.6% |
Ongoing Research and Development in the Field to Drive Asia Pacific’s 3D Printed Maxillofacial Implants Market
Asia Pacific is projected to be the most significant market during the forecast period, expected to display a CAGR of 7.7% until 2033. This can be attributed to the presence of untapped market opportunities in the region. Developing countries like India, China, Japan, and others, are likely to hold significant market opportunities in the region.
Ongoing research and development in developing countries of the region is expected to develop the market in the coming time. For instance,
| Regional Markets | CAGR (2023 to 2033) |
|---|---|
| The United Kingdom | 7% |
| China | 9.1% |
| India | 7.9% |
| Australia | 6.3% |
Ongoing research and development in the 3D printed maxillofacial implants is expected to encourage new players to enter the market, thus, augmenting the market size notably. Some of the names gaining popularity include Maxillofacial Implants (India), Avay (India), Seinser Implants (India), Nasseo (USA), Keystone Dental (2006), iDentical (USA), 3di GmbH (Germany), BioMaterals Korea, Inc. (Korea), Zoriox Innovation Labs (India), and others. Emerging players in the market are making notable contributions to developing the market. For instance,
Key players in the global 3D printed maxillofacial implants market include Materialise, Zimmer Biomet, Medartis, DePuySynthes, and others.
Recent Industry Updates include:
| Report Attributes | Details |
|---|---|
| Growth Rate (2023 to 2033) | 8.2% CAGR |
| Market Value in 2023 | USD 507.3 million |
| Market Value in 2033 | USD 1,119.1 million |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | USD million or USD billion for Value |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | By End User Verticals, By Region |
| Regions Covered | North America; Latin America; Europe; Asia Pacific; The Middle East & Africa |
| Key Countries Profiled | The United States, Canada, Mexico, Brazil, Germany, The United Kingdom, France, Spain, Italy, Russia, China, Japan, India, South Korea, Australia, South Africa, Saudi Arabia |
| Key Companies Profiled | Johnson & Johnson Services; Materialise; Stryker Corporation; Zimmer Biomet Holdings; B. Braun Melsungen; Medtronic Plc.; Boston Medical Products; Integra Lifesciences; KLS Martin; Medartis |
| Customization Scope | Available upon Request |
The market is valued at USD 507.3 million in 2023.
The market rose at a 3.6% CAGR from 2018 to 2022.
The market will reach USD 1,119.1 million by 2033.
The market’s CAGR from 2023 to 2033 will be 8.2%.
In 2022, the North America claimed 37.4% of the total market share.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-User 5.1. Hospitals 5.2. Clinics 5.3. Ambulatory Surgical Centers 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 6.1. North America 6.2. Latin America 6.3. Europe 6.4. Asia Pacific 6.5. Middle East and Africa 7. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 8. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Key Countries Market Analysis 13. Market Structure Analysis 14. Competition Analysis 14.1. Johnson & Johnson Services 14.2. Materialise 14.3. Stryker Corporation 14.4. Zimmer Biomet Holdings 14.5. B. Braun Melsungen 14.6. Medtronic Plc. 14.7. Boston Medical Products 14.8. Integra Lifesciences 14.9. KLS Martin 14.10. Medartis 15. Assumptions & Acronyms Used 16. Research Methodology
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3D Printed Maxillofacial Implants Market
