Europe 3D Printing Medical Devices Market Opportunities, Challenges, Strategies and Forecasts by 2028

According to our latest study on “Europe 3D Printing Medical Devices Market Forecast to 2028 – COVID-19 Impact and Analysis – by Component, Technology, Application, and End-User,” the market is projected to reach US$ 1,986.9 million by 2028 from US$ 642.6 million in 2021; it is expected to grow at a CAGR of 17.5% from 2021 to 2028. The report highlights trends prevailing in the market, and the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the rising incidences of cancer and increasing adoption of metabolomics and investments by market players. However, high cost of tools, instruments, and usage is expected to restrict the market growth during the forecast period.

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The List of Companies 

  1. EOS GmbH Electro Optical Systems
  2. Renishaw PLC
  3. Stratasys Ltd.
  4. 3D Systems, Inc.
  5. EnvisionTech, Inc.
  6. Concept Laser Gmbh (General Electric)
  7. Proadways Group
  8. SLM Solution Group AG
  9. CELLINK
  10. 3T RPD Ltd.

3D printing plays a crucial role in manufacturing various medical devices, including those with intricate geometries or customized features tailored to a patient’s unique anatomy. While some devices are produced from a standard design and replicated in multiple identical copies, others—known as patient-matched or patient-specific devices—are created using patient-specific imaging data. The selection of 3D printing technology depends on several factors, such as the intended application of the printed product and the complexity of the printer itself.

Powder bed fusion is the most commonly used technique for 3D printing medical devices, as it supports a wide range of materials, including titanium and nylon. This technology enables the cost-effective and straightforward production of patient-specific, tactile reference models derived from CT and MRI scans. These models offer surgeons an enhanced perspective, allowing for improved surgical preparation and significantly reducing both procedure time and associated costs in the operating room. As a result, patients may experience increased satisfaction, reduced anxiety, and faster recovery times.

Moreover, advancements in biocompatible 3D printing materials are driving the development of innovative surgical tools and techniques aimed at enhancing the surgical experience. Among the tools that can be produced using 3D printing are sterilizable fixation trays, contouring templates, and implant sizing models. These models assist surgeons in selecting the appropriate implant size before making the first incision, leading to more precise and time-efficient procedures.

Amid the COVID-19 pandemic, the European Commission opted to delay the transition from the Medical Device Directive (MDD) to the Medical Device Regulation (MDR) to allow the medical device industry and Notified Bodies (NBs) to focus on addressing the crisis. However, there has been no confirmation regarding a delay for the In Vitro Diagnostic Regulation (IVDR) 2017/246, which remains set to take effect in May 2021. This places additional pressure on IVD manufacturers, who must continue adapting to the new regulatory requirements while managing the heightened demand for essential diagnostic tests and the logistical challenges of kit production and distribution during the pandemic.

Furthermore, the European Commission has temporarily imposed export authorization requirements on certain medical devices, including personal protective equipment (PPE) and similar protective gear. This restriction may pose challenges for medical device companies that have contractual obligations to supply these products to non-EU countries. However, Norway, Liechtenstein, and Switzerland are exempt from this authorization requirement.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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