Press release
Biocompatible 3D Printing Materials Market Size Anticipated by 22% CAGR, Reach at US$ 832.7 million by 2023
The biocompatible 3D printing materials market size is estimated to be USD 308.1 million in 2018 and is projected to reach USD 832.7 million by 2023, at a CAGR of 22.0% between 2018 and 2023. The increasing demand for biocompatible 3D printing materials in medical applications is one of the most significant factors driving the biocompatible 3D printing materials market.
Target Audience
• Manufacturers of biocompatible 3D printing materials
• Suppliers of raw materials
• Distributors and suppliers of biocompatible 3D printing materials
• End-use industries
• Industry associations
3D printing is a process used for creating objects directly, by adding materials layer by layer in a variety of ways, depending on the technology used. 3D printing technologies are developed to encourage and drive innovations with unique design freedom; these technologies are tool-less processes that reduce the excessive costs and lead times. By using biocompatible 3D printing materials, various components of a structure can be designed.
Scope of the Report:
Biocompatible 3D Printing Materials Market, by Type:
• Polymer
• Metal
• Others
Biocompatible 3D Printing Materials Market by Form:
• Powder
• Liquid
• Others
Biocompatible 3D Printing Materials Market by Application:
• Implants & Prosthesis
• Prototyping & Surgical Guides
• Tissue Engineering
• Hearing Aids
• Others
Tissue engineering is a broad term which can be further segmented into applications such as 3D cell culture, bone regeneration, drug release, soft tissue fabrication, 3D tissue constructs, and others. Powder is the leading form in the global biocompatible 3D printing materials market. Powder form is compatible with several 3D printers and hence is used in medical applications such as implants & prosthesis, bio fabrication, and surgical instruments.
This report provides a comprehensive analysis of key companies listed below:
• 3D Systems, Inc. (US)
• Evonik Industries AG (Germany)
• Stratasys Ltd. (Israel)
• Concept Laser, GmBH (Germany)
• EOS GmBH Electro Optical Systems (Germany)
• Renishaw PLC. (UK)
• Formlabs, Inc. (US)
• EnvisionTEC, Inc. (Germany)
• 3D Composites (US)
• Aspect Biosystems Ltd. (Canada)
The breakdown of primary interviews by company type, designation, and region is given below:
• By Company Type- Tier 1 - 10%, Tier 2 - 25%, and Tier 3 - 65%
• By Designation- C level - 10%, Director level - 30%, and Others - 60%
• By Region- APAC - 45%, North America - 20%, Europe - 15%, Latin America - 11%, and MEA- 9%
For more information about this report visit http://www.rnrmarketresearch.com/contacts/purchase?rname=1663353
This report segments the biocompatible 3D printing materials market and provides the closest approximation of revenues for the overall market and its subsegments across different verticals and regions.
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Overview
The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the Biocompatible 3D Printing Materials Market for the 2017-2025 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the 3d printing…
