News | February 27, 2015

Medical 3-D Printing Purchases to Eclipse 2,000 by 2020

Modeling, surgical guides among uses driving high demand

3-D printing, medical industry, advanced visualization, 2020

February 27, 2015 — In a new report, SmarTech Markets Publishing forecasts shipments of 3-D printers in the medical industry will reach 2,135 units in 2020, growing to 3,055 units in 2024. The report, "3-D Printing in Medical Markets: An Opportunity Analysis and Ten-Year Forecast," shows where opportunities will be found.

The report includes 10-year forecasts with breakouts by printer technology, materials type and software expenditures. It also contains market analysis for a wide variety of medical applications including implants, surgical tools and guides, medical models, medical devices and equipment prototyping. The report further discusses where 3-D printing must adapt to meet the needs of medicine. Comprehensive profiles of medical related strategies of 15 leading 3-D printer firms are included.

Companies discussed in the report include: 3-D Systems, Arcam, Autodesk, Bespoke Innovations, e-Nable, EnvisionTEC, EOS, Innovation MediTech, Lima Corporate, LUXeXcel, Medical Modeling, Optomec, Organovo, Ossis, Oxford Performance Materials, Protos Eyewear, Rapid Shape, Renishaw, Stratasys, Visualization Sciences, voxeljet, Within Technologies and Worrell.

In 2014 just over 1,100 printers were sold for medical applications, more than 60 percent falling into the photopolymerization or material jetting categories. Both these types of medical 3-D printers can handle modeling, surgical guides and tools, medical prototypes and hearing aid shells. They are not suitable for implants and prosthetics, where requirements are highly specific. By 2020, shipments of medical 3-D printers are expected to have almost doubled.

Revenues of materials for medical 3-D printing were almost $50 million in 2014 and are expected to reach $345 million by 2020. After 2020 revenues from 3-D printed medical materials will be larger that revenues from the printers themselves. SmarTech's bullish forecast for materials is due to rapidly increasing print volumes for medical applications. Primary drivers for these increased volumes are medical models and orthopedic implants. Currently, most of the sales of 3-D printed materials for medical applications are photopolymers and metal powders.

For more information: www.smartechpublishing.com

Related Content

Carestream dose management
Sponsored Content | Whitepapers | Advanced Visualization | August 17, 2017
It's critical for today's healthcare professionals to understand the balance between the risks and benefits of any X-...
Carestream Launches MR Brain Perfusion and Diffusion Modules for Vue PACS
Technology | Advanced Visualization | August 16, 2017
Carestream Health recently introduced new MR (magnetic resonance) Brain Perfusion and MR Brain Diffusion modules that...
CDN to Integrate Advanced Cardiac Imaging Tools From DiA Imaging Analysis
Technology | Advanced Visualization | August 10, 2017
August 10, 2017 — CDN recently announced a new partnership agreement with DiA Imaging Analysis Ltd., makers of next-g
GE Additive and Stryker Announce Additive Manufacturing Partnership
News | 3-D Printing | July 06, 2017
July 6, 2017 — GE Additive and Stryker have entered a partnership agreement to support Stryker’s growth in...
Philips Receives FDA 510(k) Clearance for IntelliSpace Portal 9.0
Technology | Advanced Visualization | June 29, 2017
Philips announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market...
Strain Imaging Improves Cardiac Surveillance of Certain Breast Cancer Patients
News | Cardio-oncology | May 03, 2017
Epsilon Imaging Inc. announced a research study using EchoInsight was presented at the American College of Cardiology (...
Fovia and Predible Health Combine XStream HDVR with Deep Learning to Fight Cancer
News | Advanced Visualization | April 25, 2017
Fovia Inc. and Predible Health announced a new collaboration to combine high-quality imaging performance and accuracy...
SyntheticMR Myelination Quantification Feature Receives CE Mark
News | Magnetic Resonance Imaging (MRI) | April 19, 2017
April 19, 2017 — REMyDI (Rapid Estimation of Myelin for Diagnostic Imaging), first introduced by SyntheticMR AB at th
3-D-printed Model of Stenotic Intracranial Artery Enables Vessel-Wall MRI Standardization
News | 3-D Printing | April 18, 2017
April 18, 2017 — A collaboration between stroke neurologists at the Medical University of South Carolina (MUSC) and b
3-D Prints Compare Effectiveness of Top Surgical Techniques for Repairing Heel Deformity
News | 3-D Printing | April 18, 2017
Using 3-D models of a patient’s foot, investigators at Cedars-Sinai have found that the three leading procedures for...
Overlay Init