This paper presents an efficient hardware design for the Depth Modeling Mode 1 (DMM-1) decoder of the 3D-High Efficiency Video Coding (3D-HEVC). The designed architecture uses a lossless wedgelet memory compression technique to reduce the used memory, and a well-balanced parallelism level to allow the desired throughput at the minimum possible power consumption and area usage. The architecture was synthesized for the 65nm ST standard cells technology, using 4,047 gates and consuming 0.95mW. It is capable of processing 1080p videos at 30 frames per second, decoding all allowed block sizes and wedgelets patterns. Besides, the proposed architecture saves 10.7% of area and 29.1% of power when compared with a version without memory compression. At the best of the author's knowledge, this is the first work with a dedicated hardware design targeting the DMM-1 decoder.