PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1410104
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1410104
The 3D printing surgical models market is estimated to grow at a CAGR of 16.49% during the forecast period.
3D printing surgical models are precise replicas of a patient's anatomy which allows surgeons to better plan and practice complex procedures before performing them on the actual patient. Multiple advantages and growing demand for minimally invasive surgeries are major growth drivers of the 3D printing surgical models market. Moreover, the rising cases of chronic illnesses such as cancer, cardiovascular diseases, and others are further propelling the market expansion. Additionally, the increasing investments and technological advancements resulting in enhanced product launches are also expected to boost the 3D printing surgical models market.
The multiple advantages associated with 3D models are a major growth driver of the 3D printing surgical models market. The anatomy of a patient is represented in great accuracy and detail by 3D surgical models, which enable surgeons to carefully evaluate and plan surgical treatments. Surgeons can perform virtual surgeries on the model, familiarize themselves with the steps, and refine their techniques. This preoperative practice helps improve surgical precision, reduces operative time, and increases surgeon confidence. Patients can better understand their condition and the proposed procedures, leading to improved informed consent. The visual and tactile nature of the models enhances patient education, allowing them to make more informed decisions about their treatment.
The rise of minimally invasive surgical techniques, such as laparoscopy and robotic-assisted surgery, demands a high level of precision and spatial awareness. 3D-printed surgical models assist surgeons in getting acquainted with the unique anatomical variances of individual patients, determining optimal trocar placements, and honing their skills in manipulating surgical instruments. The growing demand for minimally invasive procedures is therefore expected to propel the 3D printing surgical models market. For instance, out of a total of 15.6 million cosmetic surgeries processed in 2020, 13.2 million were minimally invasive surgeries as per the American Society of Plastic Surgeons.
3D-printed surgical models can help in treatment planning for patients with chronic disorders, such as cardiovascular issues or orthopaedic conditions. 3D surgical models can assist in treatment planning. The rising cases of chronic conditions are contemplated to propel the 3D printing surgical models market. For instance, according to the WHO estimates, 17.9 million deaths worldwide in 2019 were attributable to cardiovascular diseases (CVDs) representing 32% of all fatalities. In the United States, CVD claims more lives each year than all types of cancer and Chronic Lower Respiratory Disease (CLRD) put together as per the American Heart Association.
A large number of surgical specialities have the potential to greatly increase their utilization of 3D-printed surgical models. There are chances to investigate the technology's potential in other specialties including urology, dentistry, plastic surgery, and more in the coming years thereby providing an ample opportunity for 3D printing surgical models market expansion. The use of 3D-printed surgical models may become more widespread as surgeons and medical professionals learn more about the advantages. Moreover, the integration of 3D printing with advanced medical imaging technologies opens up opportunities for developing automated segmentation algorithms, advanced visualization tools, and software solutions that seamlessly convert imaging data into 3D printed models.
The 3D printing surgical model market has experienced growth and development, however, some restraints or challenges can impact its expansion. Adoption may be significantly hampered by the price of 3D printing technology, materials, and post-processing. The therapeutic usefulness of 3D-printed surgical models depends on their excellent quality and accuracy. Resolution, surface polish, and material qualities may be constrained by the 3D printing process and materials. Moreover, due to compatibility concerns between multiple imaging modalities and software systems, acquiring and integrating high-quality medical imaging data from numerous sources can be difficult.
North America is expected to hold a significant share of the 3D printing surgical model market during the forecast period. The factors attributed to such a share are the rising disposable income, R&D initiatives, higher prevalence of chronic diseases, and rising aging population. For instance, the population aged 65 years or above is estimated to grow to over 80 million by 2040 as per the Administration of Community Living (ACL). Moreover, the presence of major market leaders in the region such as Stratasys Ltd., and 3D Systems, Inc. further boosts the 3D printing surgical models market growth through enhanced accessibility and product launches.