The global 3D printing materials in medical market is projected to reach $0.63 billion by 2028, at a CAGR of 16.1% during 2023-2028. The growth of 3D printing materials in medical market is driven by increasing use of 3D printing materials to enable exploration of complicated body structure as an actual three-dimensional object, growing demand for human organ transplants, and availability of advanced and safe printing materials.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the 3D printing materials in medical market by component (system, materials, and services), technology (droplet deposition, photopolymerization, laser beam melting, etc), application (external wearable devices, clinical study devices, etc), end use industry (medical & surgical centers, pharmaceutical & biotechnology companies, etc), and regions?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the 3D printing materials in medical market?
Q.4 What are some changing demands of customers in the 3D printing materials in medical market?
Q.5 What are the new developments in the 3D printing materials in medical market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this 3D printing materials in medical area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this 3D printing materials in medical market?
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Based on component, the 3D printing materials in medical market is segmented into system, materials, and services. The system segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing demand from the healthcare industry for innovative full-color and multi-material 3D printing systems.
North America will remain the largest region due to the increasing operation activity and supportive funding from government and private organizations for the adoption of modern technology in healthcare sector of the region.
Key Players in the 3D printing materials in medical market are Formlabs, General Electric, 3D Systems Corporation, Exone Company, and Materialise NV.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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