3d Printed Hip And Knee Implants Market Analysis

3D printed Hip & Knee Implants Market Restraints

While the 3D printed hip & knee implant market has a tremendous scope with the pace at which 3D printing is advancing, there are still major challenges faced today. The first one is long term performance. 3D printed parts are inherently weaker than forged parts which are how traditional metal implants are made today. They are stronger than cast parts, but they wear down much faster than forged parts in lab tests. The second main concern is the lack of regulation. At present, more than 70 3D printed devices have been approved by 510(k) of the U.S. FDA Act and this includes medical implants as well. While those drafts have been approved, FDA technical guidance is still some time away. It is an open question how restrictive the guidelines will be once published. And this just pertains to the U.S as there is no governing body or standard worldwide. This means that the 3D printed hip & knee implant market will have to go through separate approvals in each country, increasing the effort and time taken by manufacturers.

3D printed Hip & Knee Implants Market Key Regions

The largest 3D printed hip & knee implant market is the U.S as half of all joint replacements worldwide take place there. China is the fastest growing market. Implants are heavily regulated there as the country currently imports a majority of them. Greater government pressure to manufacture indigenously is encouraging companies to enter the domestic 3D printed hip & knee implant market. The China Food And Drug Administration has also approved 3D printed hip plants for medical use there.

3D printed Hip & Knee Implants Market Key Market Players 

Some companies in the 3D printed hip & knee implant market are Medtronic, DePuy, 3D Systems, Embody Orthopaedics & Smith & Nephew.

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