Canada 3D Printing Medical Devices Market Report 2022 to 2030

Canada 3D Printing Medical Devices Market Analysis

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Canada's 3D printing medical devices market size was valued at $238 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 16.3% from 2022 to 2030 and will reach $ 795 Mn in 2030. The market is segmented by component, application, technology, and end user. The Canadian 3D Printing Medical Devices market will grow as the development of new 3D printing materials and techniques has led to the production of more complex and customizable medical devices. The key market players are Precision ADM (CAN), Custom Prototypes Inc. (CAN), Adaptiiv Medical Technologies Inc. (CAN), 3D Metalforge Inc. (CAN), 3DQue Systems Inc. (CAN), Mosaic 3D Printing (CAN), Nia Technologies Inc. (CAN), and others.

ID: IN10CAMD002 CATEGORY: Medical Devices GEOGRAPHY: Canada AUTHOR: Chandani Patel

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Canada 3D Printing Medical Devices Market Executive Summary

Canada's 3D printing medical devices market size was valued at $238 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 16.3% from 2022-30 and will reach $ 795 Mn in 2030. Canada has a publicly funded healthcare system, known as Medicare, which is financed through a combination of federal, provincial, and territorial taxes. In 2021, Canada's total healthcare expenditure is estimated to be CAD 298.5 Bn or 10.6% of the country's gross domestic product (GDP).

3D printing technology is being increasingly used in the production of medical devices in Canada. 3D printing technology is being used to produce prosthetic limbs and other body parts in Canada. The ability to produce customized prosthetics that fit an individual's specific needs and anatomy is a major benefit of 3D printing technology. 3D printing technology is being used to produce surgical instruments in Canada, including bone plates, surgical tools, and dental implants. 3D printing allows for the production of complex and precise instruments that are difficult to produce using traditional manufacturing techniques.

Additionally, 3D printing technology is being used to produce implants for joint replacements, spinal surgeries, and dental surgeries. 3D-printed implants can be customized to fit an individual's specific needs, leading to improved patient outcomes. Moreover, 3D printing technology is being used to produce models of patients' anatomy for surgical planning. Surgeons can use these models to plan and practice surgeries, leading to improved outcomes and reduced surgery times. The use of 3D printing technology in the production of medical devices in Canada is rapidly growing, with increasing adoption by healthcare providers and manufacturers. The ability to produce customized, complex, and precise medical devices using 3D printing technology is driving its adoption in the healthcare industry in Canada.

3D printing technology allows for the production of customized medical devices tailored to a patient's specific needs, which can offer improved patient outcomes. The growing demand for personalized medical devices presents a significant opportunity for 3D printing technology in Canada. The ability to produce 3D models of patients' anatomy for surgical planning is an area of significant opportunity for 3D printing technology in Canada. 3D printing can help reduce surgery times and improve patient outcomes by allowing surgeons to plan and practice surgeries beforehand. 3D printing technology can be used to produce medical models for education and training purposes, providing healthcare professionals with hands-on experience with complex medical devices and procedures. This presents an opportunity for 3D printing technology to be used in medical schools and training programs in Canada.

The 3D printing technology offers a cost-effective solution for producing medical devices in small quantities, allowing for the production of customized devices without the need for large-scale manufacturing facilities. This presents an opportunity for smaller manufacturers in Canada to enter the market and compete with larger manufacturers.

canada 3D printing dvice market

Market Dynamics

Market Growth Drivers

Increasing demand for personalized medical devices: 3D printing technology allows for the production of customized medical devices tailored to a patient's specific needs, leading to increased demand for 3D-printed medical devices in Canada
Advancements in 3D printing technology: Continuous improvements in 3D printing technology are allowing for the production of more complex and precise medical devices, which is driving growth in the market
Growing healthcare expenditure: With a growing aging population in Canada, there is an increase in healthcare expenditure, including medical devices. 3D printing technology can offer cost-effective solutions for producing medical devices, driving growth in the market

Market Restraints

Regulatory challenges: Obtaining regulatory approval for 3D-printed medical devices can be challenging and time-consuming, which may limit growth in the market
High costs of 3D printing technology: The high cost of 3D printing equipment and materials can be a barrier to entry for smaller manufacturers, limiting the growth of the market
Limited reimbursement policies: Currently, there are limited reimbursement policies for 3D-printed medical devices, which may limit their adoption in the healthcare system in Canada

Competitive Landscape

Key Players

Precision ADM (CAN)
Custom Prototypes Inc. (CAN)
Adaptiiv Medical Technologies Inc. (CAN)
3D Metalforge Inc. (CAN)
3DQue Systems Inc. (CAN)
Mosaic 3D Printing (CAN)
Nia Technologies Inc. (CAN)
Align Technology
A.M. Surgical
Tactile Medical
3D Systems Corporation
Stryker Corporation
Zimmer Biomet Holdings
Oxford Performance Materials
Carbon, Inc
Stratasys
GE Additive
Organovo Holdings, Inc.
Biomedical Modeling, Inc.
Formlabs, Inc.
DENTSPLY Sirona, Inc.
HP, Inc.
Materialise NV
Renishaw plc

Recent Developments

Precision ADM, a Winnipeg-based medical device manufacturer, announced in 2021 that it had received approval from Health Canada to produce 3D-printed titanium spinal implants. The company also announced that it had entered into a strategic partnership with PrinterPrezz, a US-based medical device manufacturer, to expand its 3D printing capabilities.

Adaptiiv Medical Technologies, a Halifax-based medical device company, announced in 2021 that it had received approval from Health Canada to market its 3D-printed patient-specific boluses for radiation therapy. The company also announced that it had partnered with Elekta, a Swedish medical device company, to integrate its software with Elekta's treatment planning system.

RepliSLS3D, a Montreal-based 3D printing company, announced in 2021 that it had partnered with Hanger Clinic, a US-based prosthetics and orthotics company, to produce 3D printed prosthetic sockets using RepliSLS3D's technology.

Healthcare Policies and Regulatory Landscape

In Canada, 3D-printed medical devices are regulated by Health Canada, which is the country's federal health department. Health Canada regulates medical devices through the Medical Devices Bureau (MDB), which is responsible for ensuring the safety, efficacy, and quality of medical devices sold in Canada.

The regulations for 3D printing medical devices in Canada are similar to those in the US and are intended to ensure the safety and effectiveness of these devices. Medical devices produced using 3D printing technology are subject to the same regulatory requirements as traditional medical devices and must comply with the Canadian Medical Devices Regulations. Health Canada has developed guidance documents for the use of 3D printing technology in the production of medical devices. These documents provide information on the requirements for 3D printing processes, materials, and software used in the production of medical devices.

Similar to the US FDA, Health Canada requires manufacturers to submit a medical device license application for approval before marketing their products. The approval process may vary depending on the risk level of the device and may require additional testing and clinical data for higher-risk devices.

The regulatory environment for 3D printing medical devices in Canada is focused on ensuring the safety and efficacy of these devices, while also encouraging innovation and the development of new technologies.

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

Canada 3D Printing Medical Devices Market Segmentation

By Component

The Canada 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 Canada 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 Canada 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

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.