3D Printing Market Projected to Reach US$ 35.36 Billion at 27.29% CAGR Till 2023: Worldwide Key Players – Stratasys, 3D Systems, EOS GmbH, Electro Optical Systems, Concept- Laser GmbH, Sisma S.P.A., Arcam AB

Marketprognosis.com Publish a New Market Research Report On “Global 3D Printing Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global 3D Printing Market:

The Global 3D Printing Market was valued at USD 8.312 Billion in 2017, and is expected to reach a value of USD 35.36 Billion by 2023, at a CAGR of 27.29% over the forecast period (2018 - 2023).

The scope of the report considers hardware, software, and services’ solutions offered by major players in the market. This report focuses on adoption of these solutions by various end users across the globe. The study also emphasizes on latest trends and industry activities that have a lasting impact on the market.

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With technological advancements and product innovations, use of 3D printing technology has found various application in a wide variety of areas, such as jet engines, advanced prosthetics, and even living tissue (with a potential to disrupt the entire manufacturing industry). The industry is being constantly driven by technological developments, which promise higher flexibility and enable faster design. Further, manufacturers have realized the advantages that 3D printing offers, such as optimizing material, labor, and transportation costs. Manufacturing units have been able to cut down on material wastage through the use of 3D printing.

Governments across the world have already started investing in R&D on 3D printing, which has had a positive impact on technology propagation and adoption. In 2016, the Dutch government invested an additional USD 150 million in 3D printing related research and innovation. However, the market remains constrained by high costs of equipment needed to deploy 3D printing on an industrial scale. The lack of an international standards body regulating manufacturers also limits the market growth.

3D Printing is enabling companies in the medical & pharmaceutical sector to manufacture unique, personalized products cost-effectively; for instance, they play a crucial role in the production of surgical instruments and personalized implants, to provide perfect fit, and support bone growth.

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In March 2016, 3D Systems, a 3D printer manufacturer and service provider opened a “Healthcare Technology Center” for producing 3D printing healthcare solutions. Employment of these solutions is helping medical organizations to save thousands of dollars per surgery, with a reduction in surgical planning time of 93% and reduced operating room time of three to four hours. Meanwhile, the US Food and Drug Administration (FDA) has already approved production of the first, 3D printed tablet by Aprecia Pharmaceuticals’ prescription adjunctive therapy, named SPIRITAM, for seizures and epilepsy. Such innovative practices are expected to further spur the growth of the 3D printing market over the forecast period, particularly in the healthcare industry.

Major Key Players:

1 Stratasys Ltd

2 3D Systems Corporation

3 EOS GmbH

4 Electro Optical Systems

5 Concept- Laser GmbH

6 Sisma S.P.A.

7 ExOne Co

8 Arcam AB

9 SLM Solutions Group AG

10 Materialise NV (ADR) and More…………………

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of 3D Printing Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Global 3D Printing Market Segmentation

6 Vendor Market Share

7 Competitive Intelligence- Company Profiles

8 Investment Analysis

9 Future of 3D Printing Market

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This release was published on openPR.