SmarTech Publishing, a provider of in-depth industry analysis services to the additive manufacturing industry, published research on the growing ‘additive orthopedics’ industry. According to the report, “Additive Orthopedics: Markets for 3D-Printed Medical Implants – 2017,” this area is a well-defined opportunity for additive manufacturing.
Additive manufacturing technologies have been employed by orthopedic device manufacturers for the production of approved medical implants for almost a decade, however the use of such technology is at a critical tipping point today. This segment of the additive orthopedic market generated nearly $200M in total opportunities in 2016.
The use of additive manufacturing (AM) technologies to produce approved orthopedic devices is a driving force in the growth of metal AM technology, especially for serial manufacturing applications. The industry is expanding these efforts to include not only titanium implants in new orthopedic care segments, but also the use of polymer and bioactive materials because of 3D printing technologies, which could revolutionize the future of orthopedic care using implantable devices.
With nearly 100 pages of analysis and market data, Additive Orthopedics: Markets for 3D Printed Medical Implants 2017 is meant to provide the orthopedic industry with a complete guide to current and future areas of adoption and growth. The associated market forecasts included in this report detail:
–Specific revenue generation opportunities resulting from the use of AM/3DP for orthopedic applications, encompassing the sale of AM/3DP hardware, print materials, print software, and outsourced production and clinical engineering services
–Hardware unit sales to support additive orthopedic production in unit sales, installations, and revenue, by print technology
–Implant production volumes and forecast projections for major segments of orthopedic care including knee, hip, spine, cranial and facial, and extremities
The report also examines the value proposition for various additive technologies in the context of implants and various device types. A complete trailing twelve-month industry activity review in additive orthopedics, as well as an analysis of emerging implant research for new 3D printable applications in regenerative implants using materials such as calcium phosphate and polymer printing is also included.
–As part of a greater opportunity in non-dental medical 3D printing opportunities, the additive orthopedics segment is expected to drive an estimated 44% of all medical 3DP revenues today, and will continue to grow as the single largest area of medical 3DP throughout the forecast period to over 60% of all associated revenues
–Production of all additively manufactured orthopedic and medical implants is estimated to grow by 29% CAGR through 2026, with the fastest growing segments being components of knee reconstruction systems, spinal fusion devices, and non-load-bearing extremity fracture devices greatly exceeding total average growth
Associated revenue opportunities in additive orthopedics heavily favor outsourced manufacturing and engineering services, as outsourced production of printed implants will remain common through both contract manufacturers for standard sized implants and direct-to-provider services for patient specific implants.
Details of the report titled, are available at:
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