Biocompatible 3D Printing Materials Market to Receive Overwhelming Hike in Revenues by 2027 - PowerPoint PPT Presentation

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Biocompatible 3D Printing Materials Market to Receive Overwhelming Hike in Revenues by 2027

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Title: Biocompatible 3D Printing Materials Market to Receive Overwhelming Hike in Revenues by 2027


1
Biocompatible 3D Printing Materials Market
  • Global Industry Analysis, Size, Share, Growth,
    Trends and Forecast, 2027

2
About Us
  • Transparency Market Research (TMR) is a market
    intelligence company, providing North America
    business information reports and services. Our
    exclusive blend of quantitative forecasting and
    trends analysis provides forward-looking insight
    for thousands of decision-makers. We have an
    experienced team of Analysts, Researchers, and
    Consultants, who use proprietary data sources and
    various tools and techniques to gather and
    analyze information. Our business offerings
    represent the latest and the most reliable informa
    tion indispensable for businesses to sustain a
    competitive edge.
  • Each TMR Syndicated Research report covers a
    different sectorsuch as pharmaceuticals,
    chemical, energy, food beverages,
    semiconductors, med-devices, consumer goods, and
    technology. These reports provide in-depth
    analysis and deep segmentation to possible micro
    levels. With a wider scope and stratified
    research methodology, our syndicated reports
    strive to serve clients and satisfy their overall
    research requirement.

3
Biocompatible 3D Printing Materials Market Key
Highlights
  • The global biocompatible 3D printing materials
    market was valued at US 318 Mn in 2018, and is
    anticipated to expand at a CAGR of
    16 from 2019 to 2027.
  • The usage of 3D printing in the medical industry
    is expected to rise during the forecast period,
    due to the various advantages offered by 3D
    printing over traditional printing.
  • Increase in the adoption of 3D printing in the
    medical industry is estimated to boost the demand
    for biocompatible 3D printing materials during
    the forecast period

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4
Key Drivers of Biocompatible 3D Printing
Materials Market
  • 3D printing is rapidly becoming the preferred
    manufacturing technology for certain medical
    applications. 3D printing technology offers
    higher competitive advantages over traditional
    manufacturing techniques in the medical industry.
  • 3D printing facilitates the easy production of
    orthopedic implants, dental devices, surgical
    guides, anatomical models, medical tools,
    prostheses, and custom enclosures. It is also
    employed in the printing of organs, bone
    regeneration, and drug release.
  • The possibility of mass customization, i.e.
    production of highly-customized products, with
    the added advantage of low-cost production is
    also projected to boost the adoption of 3D
    printing in the medical industry.

5
Prototypes Surgical Guides Application
Projected to Offer Lucrative Opportunities
  • 3D printing is widely used for the rapid
    prototyping and creation of anatomical models. It
    is also used to produce surgical guides, which
    are gaining popularity due to advancements in
    guided surgical procedures.
  • Surgical guides are used in guiding the insertion
    and proper positioning of implants.
  • The prototyping surgical guides segment is
    anticipated to expand at a fast pace during the
    forecast period, due to the efficiency they
    provide in surgeries. Accurately printed
    customized surgical guides are employed for the
    insertion of implants during surgeries.

6
Leading Players Actively Engage in New Product
Development and RD Activities
  • 3D Systems, Inc.
  • Stratasys Ltd.
  • Evonik Industries AG
  • Renishaw plc
  • Formlabs Inc.
  • Envisiontec, Inc.
  • Sandvik AB
  • Elix Polymers SLU
  • Concept Laser GmbH

7
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