The future of the global biocompatible 3D printing material market looks promising with opportunities in the implant & prosthesis, prototyping & surgical guide, tissue engineering, and hearing aid markets. The global biocompatible 3D printing material market is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 24.5% from 2024 to 2030. The major drivers for this market are large-scale biocompatible 3D printing materials customization, utilization of 3D printing in new medical applications, and reduced production time and products that are specifically tailored.
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 biocompatible 3D printing
material market by type (polymer, metal, and others), form (powder, liquid, and
others), application (implants & prosthesis, prototyping & surgical
guides, tissue engineering, hearing aids, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, polymer
and metal are the major segments of biocompatible 3D printing material market
by type. Lucintel forecasts that polymer is expected to witness highest growth
over the forecast period due to its growing application in various 3D printing
given to its affordablility, moldability, and biodegradable feature.Within this
market, implant & prosthesis will remain the largest segment due to
significant demand for biocompatible 3D printing materials in this application
for dental, orthopedic, and cardiovascular implants.
North America is
expected to witness highest growth over the forecast period due to rising
government spending on 3D printing technology, rapid industrialiization, and
presence of key players in the region.
3D Systems, Evonik,
Stratasys, Concept Laser, Eos Electro Optical Systems, Renishaw, Formlabs,
Envisiontec, 3D Composites, and Aspect Biosystems are the major suppliers in
the biocompatible 3D printing material market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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