Spain 3D Printing Medical Devices Market Analysis

Spain 3D Printing Medical Devices Market Analysis


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Spain's 3D printing medical devices market size was valued at $57 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 15.3% from 2022-30 and will reach $179 Mn in 2030. The market is segmented by component, application, technology, and end user. This market will grow medical devices manufactured to order using 3D printing providing new opportunities for improving patient care and creating ground-breaking treatments. The key market players are BCN3D Technologies (ESP), Regemat3D (ESP), EMO3D (ESP), Intamsys (ESP), Nanofabrica (ESP), Grupo Sicnova (ESP), Microlay (ESP), Zerintia Technologies (ESP), Mimetis Biomaterials (ESP), 3D Surgical Technologies (ESP), Dental Global Service (ESP), and others.

ID: IN10ESMD002 CATEGORY: Medical Devices GEOGRAPHY: Spain AUTHOR: Chandani Patel

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Spain 3D Printing Medical Devices Market Executive Summary

Spain's 3D printing medical devices market size was valued at $57 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 15.3% from 2022 to 2030 and will reach $179 Mn in 2030. Spain is a country located in southwestern Europe, bordered by France to the north, Portugal to the west, and the Mediterranean Sea to the east and south. In terms of GDP, Spain is the 4th largest economy in the Eurozone and the 13th largest economy in the world. According to the World Bank, Spain's GDP was $1.4 trillion in 2020. The country has a diversified economy, with major sectors including services, industry, and agriculture. Spain has a national healthcare system that provides universal coverage to all residents. According to data from the Organization for Economic Co-operation and Development (OECD), Spain's total healthcare expenditure was 9.9% of its GDP in 2019, which is slightly above the average of 8.8% for OECD countries.

Healthcare 3D printing or medical 3D printing is an additive process whereby layers of material are built up to create a 3D part. 3D printing is used to create living human cells or tissue for use in regenerative medicine and tissue engineering. The widely prominent key applications of healthcare 3D printing include orthopedic implants, personalized surgery, and dental devices, among others.

In recent years, there has been growing interest in 3D printing medical devices as a way to reduce healthcare costs and improve patient outcomes. While the initial cost of 3D printing equipment can be high, the ability to produce custom-made devices can lead to cost savings over time by reducing the need for complex surgical procedures or by improving patient outcomes and reducing the need for long-term care.

Spain has been at the forefront of innovation in 3D printing medical devices, with several notable research and development initiatives in this area. The French government has also provided funding for research into 3D printing medical devices as part of its broader efforts to promote innovation and technological advancement in healthcare.

The healthcare 3D printing market growth in Spain is owing to the increasing number of applications in the medical as well as pharmacology fields. Also, the introduction of new technology and the development of 3D printing technology. The technology has enabled 3D printing to create layers of human skin sustaining the lives of individuals that have met with critical accidents and suffering through major injuries. Moreover, increasing demand for customizations in implants for surgical procedures significantly contributes to market growth.

Furthermore, significant interest is observed from the private and public authorities in the 3D printing marketplace and considerable amounts of funds are granted to manufacturers under various programs. For instance, in April 2022, the European Union’s invested nearly $2.13 Mn under the REACT-EU scheme to accelerate two research projects on producing medicine and implants with 3D printing and artificial intelligence at the University Hospital Hamburg-Eppendorf (UKE). Hence, the 3D printing medical device market will grow in the coming years across the nation.

spain 3D printing medical devices market

Market Dynamics

Market Growth Drivers

Medical devices manufactured to order using 3D printing provide new opportunities for improving patient care and creating ground-breaking treatments. Moreover, 3D-printed medical devices can reduce total healthcare costs by reducing the need for complex surgical procedures, improving patient outcomes, and reducing the need for long-term care.

Using 3D printing, medical device production may be done quickly and efficiently, reducing lead times and improving patient outcomes. Moreover, 3D printing makes it feasible to customize medical devices to each patient's needs, enhancing patient comfort and effectiveness.

Market Restraints

Despite the potential that 3D printing has demonstrated in the medical device sector, the industry may not have fully embraced the technology yet. Also, the selection of materials now available for 3D printing medical devices is constrained, which may restrict the spectrum of possible uses. Moreover, 3D printing brings up challenging challenges related to intellectual property, particularly when using patents or drawings that are protected by copyright.

Competitive Landscape

Key Players

  • BCN3D Technologies (ESP)
  • Regemat3D (ESP)
  • EMO3D (ESP)
  • Intamsys (ESP)
  • Nanofabrica (ESP)
  • Grupo Sicnova (ESP)
  • Microlay (ESP)
  • Zerintia Technologies (ESP)
  • Mimetis Biomaterials (ESP)
  • 3D Surgical Technologies (ESP)
  • Dental Global Service (ESP)
  • Convergent Dental Solutions
  • BT Ingenieros
  • Sisma
  • Formlabs
  • Materialise
  • Renishaw

Key Developments

February 2021: The British company Renishaw announced that it had received approval from the Spanish Agency of Medicines and Medical Devices for its RenAM 500M 3D printer. The printer is used to produce medical implants, including spinal implants.

March 2021: Regemat3D announced that it had received funding from the Spanish Ministry of Science and Innovation to develop 3D-printed bioprinting technologies for regenerative medicine.

June 2021: BCN3D Technologies announced that it had partnered with the Hospital Clínic de Barcelona to develop 3D-printed medical devices, including surgical guides and anatomical models.

September 2021: Materialise announced that it had acquired a majority stake in the Spanish software company RS Print. The acquisition will allow Materialise to expand its software offerings for the 3D printing medical device market.

Healthcare Policies and Regulatory Landscape

3D printing medical devices in Spain are regulated by the Spanish Agency of Medicines and Medical Devices (AEMPS) and must comply with European Union regulations. The AEMPS is responsible for the evaluation and authorization of medical devices, including those produced using 3D printing technology.

Manufacturers of 3D-printed medical devices in Spain must adhere to the regulations set out in the EU Medical Devices Regulation (MDR) and the In Vitro Diagnostic Regulation (IVDR). These regulations outline the requirements for the design, manufacture, and distribution of medical devices, including those produced using 3D printing technology.

In addition, the AEMPS has specific guidelines for the 3D printing of medical devices. These guidelines outline the requirements for the quality system, design, validation, production, and post-production activities for 3D-printed medical devices. They also provide recommendations for the materials, printing processes, and testing methods that should be used. 3D printed medical devices in Spain to ensure that their products are safe and effective for their intended use. They must also comply with the labeling, packaging, and documentation requirements set out in the EU regulations.

1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Spain 3D Printing Medical Devices Market Segmentation

By Component

The Spain market is divided into three categories based on the component: equipment, materials, and software & services. End customers frequently employ software and services for designing and processing control of 3D-printed medical devices, particularly for bespoke items. The cost-effectiveness, utility, uniformity, and precision given by services for medical device 3D printing, together with a rise in demand for personalized 3D printed medical equipment among hospitals and surgical centers, are driving the market demand for software & surgical guides.

  • Equipment
    • 3D Printers
    • 3D Bioprinters
  • Materials
  • Plastics
    • Thermoplastics
    • Photopolymers
  • Metals and Metal Alloys
  • Biomaterials
  • Ceramics
  • Paper
  • Wax
  • Other Materials
  • Services & Software

By Application

The Spain market is divided into surgical guides, surgical tools, tissue-engineered goods, hearing aids, wearable medical devices/implantable medical devices, standard prostheses and implants, custom prosthetics and implants, and other medical devices based on the application. Due to the widespread adoption of 3D printing technology in the production of prosthetics and implants, the increased availability of high-quality biomaterials and ceramics for 3D printing, and ongoing industry investment in the development of novel 3D printers, the custom prosthetics and implants segment is expected to hold a larger share of the market in 2022.

  • Surgical Guides
    • Dental Guides
    • Craniomaxillofacial Guides
    • Orthopedic Guides
    • Spinal Guides
  • Surgical Instruments
  • Surgical Fasteners
  • Scalpels
  • Retractors
  • Standard Prosthetics & Implants
  • Orthopedic Implants
  • Dental Prosthetics & Implants
  • Craniomaxillofacial Implants
  • Bone & Cartilage Scaffolds
  • Ligament & Tendon Scaffolds
  • Custom Prosthetics & Implants
  • Tissue-engineered Products
  • Hearing Aids
  • Wearable Medical Devices
  • Other Applications

By Technology

According to technology, the global market has been divided into three categories: three-dimensional printing (3DP) or adhesion bonding; electron beam melting (EBM); laser beam melting (LBM); photopolymerization; droplet deposition or extrusion-based technologies; and other technologies. The laser beam melting (LBM) segment is anticipated to hold the greatest market share in 2022, in large part due to the growing use of this technology in the dental sector and for the production of implants for minimally invasive surgery.

  • Laser Beam Melting
    • Direct Metal Laser Sintering
    • Selective Laser Sintering
    • Selective Laser Melting
    • LaserCUSING
  • Photopolymerization
  • Digital Light Processing
  • Stereolithography
  • Two-photon Polymerization
  • PolyJet 3D Printing
  • Fused Deposition Modeling
  • Multiphase Jet Solidification
  • Low-temperature Deposition Manufacturing
  • Microextrusion Bioprinting
  • Droplet Deposition/Extrusion-based Technologies
  • Electron Beam Melting
  • Three-dimensional Printing/Adhesion Bonding/Binder Jetting
  • Other Technologies

By End User

The Spain market has been divided into hospitals and surgical facilities, dental and orthopedic clinics, academic institutions and research labs, pharma-biotech and medical device firms, and clinical research organizations based on end users. In 2022, hospitals and surgical centers are anticipated to hold the greatest market share. The high proportion of this market may be due to the ongoing expansion of internal 3D printing capabilities, the expansion of existing 3D printing laboratories, the rising affordability of 3D printing services, and the quick uptake of cutting-edge technology by hospitals in developed markets.

  • Hospitals & Surgical Centers
  • Dental & Orthopedic Clinics
  • Academic Institutions & Research Laboratories
  • Pharma-Biotech & Medical Device Companies
  • Clinical Research Organizations

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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Last updated on: 20 September 2023
Updated by: Dhruv Joshi

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