3D Printing in Medical Devices - Thematic Intelligence
Summary
3D printing (additive manufacturing) is the process of joining materials to make objects from three-dimensional data. As technologies’ development and costs come down, 3D printing is replacing traditional prototype development approaches across various industries, and medical usage is a fast-growing area. GlobalData estimates that by 2026, 3D printing will be a $43 billion industry, and growing at a compound annual growth rate (CAGR) of 22% between 2019 and 2026.
3D printing has been extensively adopted by the medical industry with applications including surgical planning, by providing a physical model of the operation area; training; and orthotics and prosthetics, among others. This adoption rate is due to this method’s quick turn-around compared to the traditional methods.
Scope
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