The global 3D printed brain model market size was valued at USD 24.4 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 16.3% from 2021 to 2028. The market was adversely affected in 2020 due to the COVID-19 pandemic on account of delays in neurological surgery and decreasing financial resources of health organizations, leading to reduced investment in advanced technology. Also, the economic slowdown, lockdowns in various areas leading to disruption in the supply chain, and the shutting down of a few market players have negatively impacted the market. A survey was conducted by The American College of Surgeons and Neurosurgeons where 60 countries were invited and there was a total of 494 participants.
They reported that their operative volume had dropped more than 50%, and for countries most affected by COVID-19, this proportion is 54.7%. However, the market is expected to gain momentum over the coming years due to the rising demand for personalized healthcare, technological advancements in neurological tools & techniques and 3D printed materials, and the rising prevalence of a large number of neurological diseases. A 3D printed brain model helps in understanding and can also be used in teaching and for learning purposes by new surgeons.
For instance, the Walter E. Dandy Neurosurgical Society is an organization that provides education and training to surgeons on 3D printed brain models aimed at improving patient outcomes. Additive manufacturing helps neuro-surgeons have more information that further helps in the spatial orientation inside the brain. It also helps in stimulating the steps with high fidelity. Thus, they are anticipated to contribute to market growth.
The Fused Deposition Modelling (FDM), or Fused Filament Fabrication (FFF), technology segment dominated the market with a revenue share of more than 26% in 2020. It is expected to grow at a steady CAGR over the forecasted period. This technology can help produce strong, stable, and durable 3D models. Models created using this technology are easy to create, office-friendly, and with flexibility in material choice. It is also highly stable and provides cost-efficiency. A complex structure of the brain can be easily made using this technology.
Other technologies include Stereolithography(SLA), ColorJet Printing (CJP), MultiJet/PolyJet Printing, and others. The other technology segment includes Selective Laser Sintering (SLS), binder jetting, and digital light synthesis. According to a survey conducted by AFMG, in 2019, around 40.0% of respondents chose FDM as the most revenue-generating technology, which was followed by SLA at 21.0%.
The plastic materials segment led the market with a revenue share of over 42% in 2020. The segment is expected to grow at a steady CAGR over the forecasted period. The key driving factors for this segment are feasibility, biodegradability, compatibility with a wide range of 3D printed technologies, and efficiency offered by plastic materials along with the availability of various advanced thermoplastics.
Based on materials, the market is segmented into polymer,plastic, and others. The others material segment includes metals,ceramics, and calcium phosphate salts (HA), glass, oxides of aluminum, and titanium. After plastic materials, the polymer segment is expected to witness lucrative growth over the forecast period owing to the benefits of product development and the versatility of the material.
North America dominated the market in 2020 with a revenue share of more than 34% and will expand at a steady CAGR from 2021 to 2028. The growing demand for personalized healthcare and the prevalence of neurological diseases are anticipated to contribute to the market growth in the region. The U.S. adopts new technology and advancements faster in comparison to any other region. Also, the presence of large-scale established market players along with a favorable reimbursement process is anticipated to contribute to the growth of the market. For instance, in April 2020, CELLINK became a public listed company and started share trading on Nasdaq Stockholm, which, in turn, is expected to increase the investment in the market.
Asia Pacific is expected to witness the fastest CAGRover the forecast period. The main drivers of this market are the influx of many players, the need for technological advancements, the rise in unmet needs related to neurological diseases & treatment, and the presence of emerging countries, such as Japan and China. For instance, MedPrin, a Chinese company, invented 3D printed membrane, named ReDura.
The global market is competitive due to the presence of domestic as well as international players. Companies focus on various strategies including mergers, acquisitions, partnering, and collaborations to gain a higher market share. In many cases, individuals come up with new ideas, and large businesses/venture capitalists fund these ideas to create new companies. For instance, Stratasys is partnering with Jacobs Institute and working alongside physicians at Kaleida Health’s Gates Vascular Institute and biomedical engineers at the University of Buffalo. They have developed a new approach to repair complex brain aneurysms. The 3D-printed replica reduces the risk by its study and corrects a near-fatal condition. Some prominent players in the global 3D printed brain model market include:
Rokit Healthcare Inc.
MedPrin
3D Systems
Formlabs
Voxeljet
Report Attribute |
Details |
Market Size value in 2021 |
USD 33.7 million |
Revenue forecast in 2028 |
USD 96.9 million |
Growth rate |
CAGR of 16.3% from 2021 to 2028 |
Base year for estimation |
2020 |
Historical data |
2016 - 2019 |
Forecast period |
2021 - 2028 |
Quantitative units |
Revenue in USD million and CAGR from 2021 to 2028 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Technology, materials, and region |
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope |
U.S.; Canada; U.K.; Germany; France; Italy; Spain; India; Japan; China; Australia; South Korea; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Key companies profiled |
Stratasys Ltd.; CELLINK; Cyfuse Biomedical; Rokit Healthcare Inc.; MedPrin; 3D Systems; Formlabs; Voxeljet |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs.Explore purchase options |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Grand View Research has segmented the global 3D printed brain model market report on the basis of technology, materials, and region:
Technology Outlook (Revenue, USD Million, 2016 - 2028)
Stereolithography (SLA)
ColorJet Printing
MultiJet/PolyJet Printing
Fused Deposition Modeling (FDM)
Others
Materials Outlook (Revenue, USD Million, 2016 - 2028)
Polymer
Plastics
Others
Regional Outlook (Revenue, USD Million, 2016 - 2028)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Asia Pacific
India
Japan
China
Australia
South Korea
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
b.The global 3D printed brain model market size was estimated at USD 24.4 million in 2020 and is expected to reach USD 33.7 million in 2021.
b.The global 3D printed brain model market is expected to grow at a compound annual growth rate of 16.3% from 2021 to 2028 to reach USD 96.9 million by 2028.
b.North America dominated the 3D printed brain model market with a share of 34.0% in 2020. This is attributable to the rising demand for personalized healthcare and the prevalence of neurological diseases are anticipated to contribute to market growth in the region.
b.Some key players operating in the 3D printed brain model market include Rokit Healthcare Inc., MedPrin, 3D Systems, Formlabs, Voxeljet, Stratasys, CELLINK, and Cyfuse Biomedical.
b.Key factors that are driving the 3D printed brain model market growth rising demand for personalized healthcare, technological advancements in neurological tools and techniques, and 3D printed materials.
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