MarketResearch.biz delivers in-depth insights on the global biocompatible 3D printing materials market in its upcoming report titled, “Global Biocompatible 3D Printing Materials Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global biocompatible 3D printing materials market is estimated to register a CAGR of approximately 21.2% in terms of value during forecast period 2018 to 2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global biocompatible 3D printing materials market has been segmented on the basis of type, form, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Biocompatible 3D printing materials exists in different types such as polymer as well as in metals and are used for the various applications such as, in implants, tissue engineering, in prototyping, and hearing aids. Biocompatible 3D printing materials are available in the powder as well as in liquid form. They are primarily used in advanced medical applications globally.
Growing consumption of biocompatible 3D printing materials, owing to increasing customization of biocompatible 3D printing materials to meet various industry standards is a major factor driving growth of the global biocompatible 3D printing materials market. In addition, rising demand for biocompatible 3D printing materials in various end-use medical applications such as implants & prosthesis and prototyping & surgical is another factor expected to fuel growth of the target market over the forecast period.
However, high costs associated with this material is major factor expected to limit growth of the global biocompatible 3D printing materials market over the forecast period.
Currently, market in North America accounts for highest market share in the global biocompatible 3D printing materials market in terms of revenue. This can be attributed to presence of leading manufacturing companies of biocompatible 3D printing, in the region such as including 3D systems. In addition, the governments in North America has undertaken considerable research and development activities with regards to healthcare sector in order to reduce cost of the medical applications. Moreover, various benefits associated with use of biocompatible 3D printing such as reduced production time as well as availability of specifically tailored products are factors projected to further propel growth of the global biocompatible 3D printing materials market over the forecast period. The market in Asia-Pacific and Europe are also expected to witness significant growth over the forecast period, owing to increasing demand for biocompatible 3D printing materials in new medical applications in the region. Also the market in North America is expected to register a CAGR of X.X% during the forecast period.
Global biocompatible 3D printing materials market segmentation:
- Implants & Prosthesis
- Prototyping & Surgical Guides
- Tissue Engineering
- Hearing Aids
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- 3D Systems, Inc.
- Evonik Industries AG
- Stratasys Ltd.
- Concept Laser, GmBH
- EOS GmBH Electro Optical Systems
- Renishaw PLC.
- Formlabs Inc.
- EnvisionTEC, Inc.
- 3D Composites
- Aspect Biosystems Ltd.
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