Europe Healthcare 3D Printing Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 15.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Healthcare 3D Printing Market Analysis
The Europe Healthcare 3D Printing Market is expected to register a CAGR of 15.4% during the forecast period.
COVID-19 had a significant impact on the studied market owing to the utility of diverse designs used in hospitals by patients and health workers. The use of 3D-printed devices, such as face shields, masks, valves, and nasopharyngeal swabs, was high, which positively impacted the market's growth. For instance, as per an April 2021 article, in the battle against COVID-19, 3D printer companies specializing in a range of services pivoted their technology and designs to support relief efforts, mass-producing medical products essential for providers in a pandemic. The market is estimated to show stable growth owing to the rising use of 3D printing for personalized medicine during the forecast period.
The growth factors, such as the incidence of road injuries and dental issues, along with the rising geriatric population in the Europe region, are also expected to contribute to the demand for healthcare 3D printing, thereby boosting the growth of the market during the forecast period.
Several factors, such as continuous technological advancements in 3D printing, rising public and private investments to develop new 3D printing technologies and applications, and acceptance of 3D-printed organs and implants, are fueling the demand of this market in the European region. According to the data published by OECD 2022 update, around 42 thousand road injuries were registered in Belgium, 323.1 thousand in United Kingdom, and 204.7 thousand in Italy in 2021. Such a huge burden of road accident injuries leads to bone fractures and creates the need for implants, thus driving the growth of the healthcare 3D printing market in the region.
Furthermore, according to the update from European Patent Office 2021, the European market accounts for 42% of the global market for dental implants. The European market is the largest, with an estimated 4 million implants sold per year. It is a relatively new and rapidly expanding application in healthcare. Thus, the increasing use of the implant in the European market drive market growth.
In addition, the technological advancements, expansions, mergers, and acquisitions by market players to enhance market share are offering new growth opportunities for existing market players and new entrants in the European region's global 3D printing medical devices market. For instance, in March 2021, Cellink launched the BIO MDX series, the next generation of bioprinters designed for high-throughput fabrication and precision 3D bioprinting for biomedical manufacturing, including biocompatible medical devices. The developments are estimated to expand the 3D printing market in Europe during the forecast period.
Thus the above-mentioned factors are expected to drive the growth of the market during the forecast period. However, the lack of trained professionals and the absence of specific regulatory guidelines are expected to restrain the growth of the market over the forecast period.
Europe Healthcare 3D Printing Market Trends
This section covers the major market trends shaping the Europe Healthcare 3D Printing Market according to our research experts:
Metal and Alloy Segment is Dominating the European Healthcare 3D Printing Market Over the Forecast Period
Titanium alloy and pure titanium are the most preferred and biocompatible metallic materials for biomedical implants. A wide variety of biomaterials, such as metals and alloys, hydrogels, and polymeric biomaterials based on them, have been used and developed as inks for creating 3D structures with a wide range of sizes and stiffness.
As per an article published in the International Journal of Molecular Sciences in August 2021, the titanium osteosynthesis plate produced by milling methods is considered the gold standard. The use of customized titanium plates produced with 3D printing, specifically direct metal laser sintering become more popular in recent years. Titanium alloys like Ti6Al4V improve strength and have corrosion resistance. On the whole, titanium is one of the most widely adopted metals for 3D printing for medical applications. Hence, the advantages of metal and alloy are expected to propel the utility of 3D printing, boosting the segment's growth.
Furthermore, with technological advancements, 3D printing of titanium is expected to revolutionize medical device manufacturers over the forecast period. The rising research and development are also contributing to the segment's growth. For instance, in March 2021, I-Form, the Science Foundation Ireland research center for advanced manufacturing, partnered with Fort Wayne Metals to develop 3D-printed wires for next-gen medical devices. The rising developments are estimated to propel the segment growth during the forecast period.
Germany is Expected to Hold a Significant Share in the Europe Healthcare 3D Printing Market Over the Forecast Period
Germany is expected to hold a significant share of the market over the forecast period owing to the factors such as increasing trends and developments in customized 3D printing and technological advancements, leading to enhanced applications.
According to the Road accidents press release published in January 2022 by the Federal Statistical Office of Germany, the number of people injured grew by 36% in 2021. The high number of road accidents is expected to propel the demand for healthcare 3D printing in prosthetics. Also, the prevalence of dental diseases in the German population is expected to drive the demand for healthcare 3D printing, thereby contributing to the growth of the market. As per the article titled published in the Journal of Periodontology in January 2021, about 30 million people are affected by periodontitis in Germany. The shift toward computer-aided design or computer-aided manufacturing (CAD/CAM) final abutments and digital dentistry will drive market growth in the country.
Furthermore, the high research and development expenditure in Germany is also expected to contribute to the growth of the market in Germany. For instance, as per deStatis (Statistisches Bundesamt) data on healthcare expenditure in Germany published in June 2022, Germany spent around EUR 441 billion in the healthcare sector in 2021. Additionally, increasing strategic initiatives are also contributing to the market's growth. For instance, in October 2021 Henkel launched novel 3D printing resigns for healthcare applications under its leading Loctite brand. Also, in September 2022, EPLUS established a European office in Ludwigsburg, Germany. This office in Germany was opened in to meet the expanding customer base of Eplus3D. The new office is equipped with a dedicated additive manufacturing workspace and a showcase of parts that were printed using Eplus3D's technology. Such expansions are expected to boost the demand for healthcare 3D printing in the country.
Therefore, owing to the factors such as rising company developments and growing demand for 3D printing for various applications in the country are expected to augment the growth of the studied market in Germany.
Europe Healthcare 3D Printing Industry Overview
The European healthcare 3D printing market is consolidated in nature because of the presence of few market players. Though many market players exist, only a few companies hold a major share. The major players include Stratasys Ltd, 3D Systems Corporation, General Electric (Arcam AB), Materialise NV, Renishaw PLC, Envision TEC GmbH, Nano 3D Biosciences Inc., Oxford Performance Materials, Organovo Holding Inc., Greiner Bio-One International GmbH, Eos GmbH.
Europe Healthcare 3D Printing Market Leaders
-
Stratasys Ltd
-
Materialise NV
-
EOS GmbH
-
Renishaw
-
Envision TEC GmbH
*Disclaimer: Major Players sorted in no particular order
Europe Healthcare 3D Printing Market News
- July 2022: Sculpteo and Daniel Robert Orthopedic launched a Bio-sourced 3D printed device. The collaboration will produce orthopedic devices from a bio-sourced material that will be made possible by 3D printing.
- June 2021: Stratasys launched the J5 MediJet Medical 3D printer, which enables users to create highly detailed 3D anatomical models and drilling and cutting guides with approved third-party 510k-cleared segmentation software.
Europe Healthcare 3D Printing Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Technological Advancements Leading to Enhanced Application
- 4.2.2 Increasing Demand for Customized 3D Printing
-
4.3 Market Restraints
- 4.3.1 Lack of Trained Professionals
- 4.3.2 Absence of Specific Regulatory Guidelines
-
4.4 Porter Five Forces
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
-
5.1 By Technology
- 5.1.1 Stereo Lithography
- 5.1.2 Deposition Modeling
- 5.1.3 Electron Beam Melting
- 5.1.4 Laser Sintering
- 5.1.5 Jetting Technology
- 5.1.6 Laminated Object Manufacturing
- 5.1.7 Other Technologies
-
5.2 By Applications
- 5.2.1 Bioprinting
- 5.2.2 Implants
- 5.2.3 Prosthetics
- 5.2.4 Dentistry
- 5.2.5 Other Applications
-
5.3 By Materials
- 5.3.1 Metals and Alloys
- 5.3.2 Polymers
- 5.3.3 Ceramics
- 5.3.4 Other Materials
-
5.4 Geography
- 5.4.1 Germany
- 5.4.2 United Kingdom
- 5.4.3 France
- 5.4.4 Italy
- 5.4.5 Spain
- 5.4.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
-
6.1 Company Profiles
- 6.1.1 Stratasys Ltd
- 6.1.2 3D Systems Corporation
- 6.1.3 General Electric (Arcam AB)
- 6.1.4 Materialise NV
- 6.1.5 Envision TEC GmbH
- 6.1.6 Nano 3D Biosciences Inc.
- 6.1.7 Oxford Performance Materials
- 6.1.8 Renishaw PLC
- 6.1.9 Stratasys Ltd
- 6.1.10 Organovo Holding Inc.
- 6.1.11 Eos GmbH
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Healthcare 3D Printing Industry Segmentation
As per the scope of the report, 3D printing, also known as additive manufacturing (AM), utilizes a layer-by-layer addition technique to produce physical objects from a 3D digital file. The 3D printing technology caters to the rising demand for personalized medical care by providing customized medical devices based on individual needs. 3D printing has begun to flourish in various domains of healthcare, such as dental, medical, implants, drug manufacturing, and so on. The materials used for these purposes vary accordingly. The Europe Healthcare 3D Printing Market is segmented by Technology (Stereo Lithography, Deposition Modeling, Electron Beam Melting, Laser Sintering, Jetting Technology, Laminated Object Manufacturing, and Other Technologies), Application (Bioprinting, Implants, Prosthetics, Dentistry, and Other Applications), Material (Metal and Alloy, Polymer, and Other Materials), and Geography (Germany, United Kingdom, France, Italy, Spain and Rest of Europe). The report offers the value (in USD million) for the above segments.
| By Technology | Stereo Lithography |
| Deposition Modeling | |
| Electron Beam Melting | |
| Laser Sintering | |
| Jetting Technology | |
| Laminated Object Manufacturing | |
| Other Technologies | |
| By Applications | Bioprinting |
| Implants | |
| Prosthetics | |
| Dentistry | |
| Other Applications | |
| By Materials | Metals and Alloys |
| Polymers | |
| Ceramics | |
| Other Materials | |
| Geography | Germany |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe |
Europe Healthcare 3D Printing Market Research FAQs
What is the current Europe Healthcare 3D Printing Market size?
The Europe Healthcare 3D Printing Market is projected to register a CAGR of 15.40% during the forecast period (2024-2029)
Who are the key players in Europe Healthcare 3D Printing Market?
Stratasys Ltd, Materialise NV, EOS GmbH, Renishaw and Envision TEC GmbH are the major companies operating in the Europe Healthcare 3D Printing Market.
What years does this Europe Healthcare 3D Printing Market cover?
The report covers the Europe Healthcare 3D Printing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Healthcare 3D Printing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Medical 3D Printing Industry Report
Statistics for the 2024 Europe Medical 3D Printing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Medical 3D Printing analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
