The 3D Orthopedics/Prosthetics by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s report on 3D Orthopedics/Prosthetics, the market has exhibited robust growth in recent years, expanding from $0.97 billion in 2024 to $1.04 billion in the same year, marking a noteworthy compound annual growth rate (CAGR) of 7.4%. This growth trajectory in the historical period can be ascribed to several key factors, including escalated disability rates, heightened demand for orthopedic medical devices, an upsurge in joint replacement surgeries, technological advancements, augmented healthcare expenditures, and burgeoning growth in emerging markets.
Forecasts suggest a continuation of this upward trend, with the 3D orthopedics/prosthetics market poised to burgeon further, reaching $1.38 billion by 2028, maintaining a CAGR of 7.4%. Anticipated growth drivers in the forecast period encompass an aging population, escalating instances of diabetes-related amputations, a surge in road accidents and sports injuries, and heightened demand for interventions in joint reconstruction disorders. Notable trends in the forecast period include the integration of smart wearables for precise prosthesis control, a focus on eco-friendly alternatives, the utilization of artificial intelligence to tailor treatments to individual anatomies, the adoption of Internet-of-Things (IoT) enabled solutions for surgical monitoring and data collection, the customization of implants using innovative biomaterials, the development of technologies to enhance outcomes and efficiency, strategic partnerships for market expansion, and investments in R&D to drive product innovation.
The increase in number of trauma cases and accidental injuries is contributing to the growth of the 3D orthopedics/prosthetics market. The use of artificial limbs (prostheses) to improve the function and lifestyle of people who have lost limbs is known as orthopedic prosthetics. To match the functional needs of the individual, the prosthesis must be a unique mixture of appropriate alignment, construction, materials, and design. For instance, according to Hanger, Inc., a US-based company that provides prosthetic and orthotic care devices, in April 2021, the number of Americans living with the loss of a limb due to trauma cases and accidental injuries is more than 2 million, and by the year 2050, a staggering 3.6 million people will be living with limb loss in the USA. Therefore, the increasing number of trauma cases and accidental injuries drives the market for 3D orthopedics/ prosthetics.
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The 3d orthpedics/prosthetics market covered in this report is segmented –
1) By Product Type: Upper Extremity Orthopedic & Prosthetics, Lower Extremity Orthopedic & Prosthetics, Other Product Type
2) By Technology: Conventional, Electric-powered, Hybrid
3) By End User: Hospitals, Orthopedic And Prosthetic Centers, Rehabilitation Center, Other End-Users
Smart wearables are emerging as a significant trend in the 3D orthopedics/prosthetics arena. Leveraging robotics and artificial intelligence, these devices enable precise prosthesis control by interpreting electric nerve signals from the patient's muscles. Noteworthy advancements include Esper Bionics' groundbreaking prosthetic arm, which incorporates intuitive self-learning technology surpassing conventional prosthetics in predicting intended movements. The Esper Hand, unveiled in February 2022 by the New York-based engineering startup, operates via a brain-computer interface (BCI) utilizing electromyography to capture brain activity, enabling wearers to control specific muscles and operate the prosthetic with remarkable accuracy.
The 3d orthopedics/prosthetics market report table of contents includes:
1. Executive Summary
2. 3D Orthopedics/Prosthetics Market Characteristics
3. 3D Orthopedics/Prosthetics Market Trends And Strategies
4. 3D Orthopedics/Prosthetics Market - Macro Economic Scenario
5. Global 3D Orthopedics/Prosthetics Market Size and Growth
.....
32. Global 3D Orthopedics/Prosthetics Market Competitive Benchmarking
33. Global 3D Orthopedics/Prosthetics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The 3D Orthopedics/Prosthetics Market
35. 3D Orthopedics/Prosthetics Market Future Outlook and Potential Analysis
36. Appendix
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As per the National Cancer Institute, in 2018, around 17 lakh new cases of cancer were diagnosed in the U.S. and around 6 lakh people died due to the disease.According to a recently published report by Research Nester on “3D Printed Oncology Prosthetics Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the 3D printed oncology prosthetics market in terms of market segmentation by material, by end users and by region.Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.Technological advancements such as introduction of 3D printed cancer cells for the treatment of cancer have largely contributed towards the growth of the market.
The main focus of the scientists is to make the treatment more patient specific in the near future.
In the near future, patients would be able to print their drugs at home with the help of this technology.
2019-2027.Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-1537The market is segmented by material into polypropylene, polyurethane, acrylics and polyethylene and others out of which, the polypropylene and polyethylene material segment is anticipated to have significant growth on account of increased usage of polypropylene and polyethylene in designing of 3D printed prosthetic implants for various tumors.
Both the segments are expected to collectively gain advantage and market share during the forecast period.The market is further segmented by end users into medical & surgical centers, pharma & biotech companies, academic institutions, hospitals, rehabilitation centers and others out of which, the hospitals segment is anticipated to have significant growth on account of large number of patients approaching hospitals and wide range of specialty treatments.
The Middle East & Africa and Latin America region are expected to witness relatively slow growth attributed to lack of awareness among the patients.Prosthetics According to Patient’s Anatomy3D printed prosthetics has the benefit of being designed according to the patient’s anatomy which makes the design patient specific and precise.
