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3D Printed Wearables Market Size, Growth, Market Analysis, Segmentation, And Forecast To 2033

06-19-2024 10:32 AM CET | Health & Medicine

Press release from: The Business Research Company

3D Printed Wearables Market

3D Printed Wearables Market

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

3D Printed Wearables Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $5.68 billion In 2028 At A CAGR Of 8.7% :

The 3D printed wearables market size has grown strongly in recent years. It will grow from $3.76 billion in 2023 to $4.07 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to growth in demand for quality healthcare services, increased investment in the 3D printing industry, increased development of wearable robotics, increased adoption in the fashion industry, and increased use in sports performance.

The 3D printed wearables market size is expected to see strong growth in the next few years. It will grow to $5.68 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing demand for personalization, rising prevalence of chronic conditions, rising prevalence of diabetes, growing demand for eco-friendly products, and rising awareness of preventive healthcare. Major trends in the forecast period include biofabrication, miniaturization, technological advancements, smart wearables, and adoption of modular design.

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3D Printed Wearables Market Major Segments
The 3D printed wearables market covered in this report is segmented -

1) By Product Type: Orthopedic Implants, Prosthetics, Smart Watches, Surgical Instruments, Fitness Trackers
2) By Sales Channel: Online Retail, Offline Retail, Direct Sales, Healthcare Providers, Customization Platforms
3) By End-user: Pharma And Biotech Companies, Hospitals, Academic Institutes, Other End-users

Key Driver - Climate Change Mitigation Strategies Fuel Growth In Climate Data Analysis Market

The rising prevalence of diabetes is expected to propel the growth of the 3D printed wearables market going forward. Diabetes is a chronic health condition defined by excessive blood glucose levels, which are generally caused by inadequate insulin synthesis or poor insulin usage. The rising prevalence of diabetes can be attributed to factors such as an aging population, genetic predispositions, and increased stress levels in modern society. 3D printed wearables in diabetes management are custom-designed devices that use 3D printing technology to monitor and manage blood glucose levels, deliver insulin, and offer real-time health data to diabetics. For instance, in July 2021, according to the International Diabetes Federation, the number of adults with diabetes was estimated to be 537 million in 2021, and this number is projected to rise to 783 million by 2045. Therefore, the rising prevalence of diabetes is driving the growth of the 3D-printed wearables market.

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Prominent Trend - Focus On Introducing Innovative 3D-Printed Wearable Watch Using Advanced Technologies

Major companies operating in the 3D printed wearables market are focusing their efforts on introducing solutions that utilize advanced technology, such as multi-jet fusion technology, to offer faster build speeds and gain a competitive edge in the market. Multi-Jet Fusion (MJF) is an innovative 3D printing method that allows for the rapid, precise, and cost-effective manufacture of parts made from a variety of materials. For instance, in March 2022, SEVENFRIDAY AG, a Switzerland-based manufacturing company, launched the FREE-D watch, an industrial-inspired 3D-printed wearable watch. It includes several elements printed with HP Multi Jet Fusion (MJF) technology from PA11, a sustainable polyamide material. The watch stresses wearing comfort, lightness, flexibility, and resistance because of its design and materials. Furthermore, every watch has an NFC (Near Field Communication) chip that links it to a unique NFT (Non-Fungible Token) certificate and is collectible, emulating the futuristic blending of industries.

3D Printed Wearables Market Players
Major companies operating in the 3D printed wearables market are Nike Inc., Adidas America Inc., Koninklijke Philips N.V., OMRON Corporation, Under Armour Inc., New Balance Athletics Inc., Stratasys Ltd., EOS GmbH Electro Optical Systems, 3D Systems Corporation, Proto Labs Inc., Materialise NV, Desktop Metal Inc., Carbon Inc., Markforged Inc., Formlabs Inc., LifeWatch AG, Envisiontec Inc., Zortrax Sp. z o.o., EnvisionTEC Inc., Shapeways Inc., Cyfuse Biomedical K.K., Zephyr Technology Corporation, Everist Genomics Inc.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/3d-printed-wearables-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the 3D printed wearables market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3D printed wearables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. 3D Printed Wearables Market Report Structure
3. 3D Printed Wearables Market Trends And Strategies
4. 3D Printed Wearables Market - Macro Economic Scenario
5. 3D Printed Wearables Market Size And Growth
…..
27. 3D Printed Wearables Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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