3D Printing Market is estimated to reach USD 39.5 Billion in 2025 at a CAGR of 24.6%

The global 3D Printing Market is estimated to reach USD 39.5 Billion in 2025 at a CAGR of 24.6%. Growing use of 3D printing in automotive industry and rising demand for prototyping and mass customization are expected to drive the 3D Printing Market during the forecast period. However, high initial investment and required maintenance expertise is expected to restrain the market during the forecast period. Use of 3D printing in aerospace industry is expected to become an opportunity for 3D Printing Market during the forecast period.

3D printing is a process in which physical objects are generated by depositing materials in layers-based on a digital model. 3D printing also referred as additive manufacturing which requires hardware, software, and materials to work together in same process. 3D printing can be used for creating simple parts and prototypes to high-end technological final products such as airplane parts and eco-friendly building among others. Key players in 3D Printing Market are 3D Systems Inc., Stratasys Ltd., Autodesk Inc., ExOne, Materialise, and Proto Labs Inc. among others.

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3D Printing Market: Drivers & Opportunity

Market Driver:

  • Growing Use of 3D Printing in Automotive Industry

Currently, Various innovations and technologies are recreating the industries across the globe with breathtaking speed. Rapid prototyping and customization is expected to grow the 3D Printing Market in the automotive industry during the next five years. The automotive companies mainly used 3D printing technology in design, manufacturing, development, and distribution process for making flexible designs, safer and lighter products, reducing cost, and reducing the lead times. Moreover, many automotive industries also use 3D printing technology to manage after-sales functions in terms of making replacement or spare parts on demand rather than investing large amounts of capital in the production of aftermarket parts. In April 2019, Audi AG expanded its 3D printing capacity for producing locally printed and custom-designed auxiliary tools to help employees on the production line. Due to these factors, the demand for 3D printing software and 3D printers is expected to increase in the automotive industry.

Market Opportunity:

  • Use of 3D Printing in Aerospace Industry

The use of 3D printing in aerospace industries has enabled companies to manufacture complex components that were impossible to manufacture using the traditional process. 3D printing application in the aerospace industry is evolving and is driven by change and innovation. 3D printing has unique capabilities to produce complex designs meeting the need of manufacturers and are keen to achieve faster speed and utilize complex designs to increase its efficiency. Apart from manufacturing the parts of aerospace, 3D printing improves the manufacturing capabilities of tools that are required to create these parts. Moreover, it can also facilitate lightweight efforts for aerospace structures, increasing fuel-saving and reducing environmental impact. Additionally, it is also used to reduce the supply chain constraints, reduce wasted materials, and limit warehouse space from traditional manufacturing processes. However, owing to these factors there are many opportunities for 3D printing which can be explored in the aerospace industry.

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3D Printing Market: Key Segments

  • Segmentation based on technology: SLA, DLP, FDM, LDM, SLS, SLM, EBM, LOM, and Others
  • Segmentation based on Component: Printer Type, Material Type, Software, and Services
  • Segmentation based on End Use Industry: Automotive, Consumer Electronics, Consumer Goods, Aerospace & Defense, Healthcare, Construction, and Others
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

3D Printing Market: Report Scope

The report on the 3D Printing Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Key Companies Covered

  • 3D Systems Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Autodesk Inc.
  • 3D Hubs B.V
  • General Electric Company
  • HP Inc.
  • Proto Labs Inc.
  • ExOne
  • Materialise
  • Formlabs
  • 3DCeram
  • Stratasys Ltd.
  • Other Key Companies

3D Printing Market: REPORT SEGMENTATION

For the scope of the report, In-depth segmentation is offered by Forencis Research

3D Printing Market, by Technology

  • Stereolithography (SLA)
  • Digital Light Processing (DLP)
  • Fused Deposition Modeling (FDM)
  • Liquid Deposition Modeling (LDM)
  • Selective Laser Sintering (SLS)
  • Selective Laser Melting (SLM)
  • Electronic Beam Melting (EBM)
  • Laminated Object Manufacturing (LOM)
  • Others

3D Printing Market, by Component

  • Printer Type
  • Desktop 3D Printers
  • Industrial 3D Printers
  • Material Type
  • Metal
  • Plastics & Polymers
  • Ceramic
  • Nylon
  • Others
  • Software
  • Scanning Software
  • Printing Software
  • Design Software
  • Inspection Software
  • Services

3D Printing Market, by End-User Industry

  • Automotive
  • Consumer Electronics
  • Consumer Goods
  • Aerospace & Defense
  • Healthcare
  • Construction
  • Others

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3D Printing Market, by Region

  • North America
  • US
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Taiwan
  • South Korea
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Switzerland
  • Rest of Europe
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
  • South America
  • Brazil
  • Argentina
  • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

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Table of Content

  1. INTRODUCTION
  2. Research Objectives
  3. Market Definition
  4. Research Scope
  5. Regional Coverage
  6. Research Timeline
  7. Assumptions
  8. Limitations
  9. RESEARCH DESIGN & SCOPE
  10. Introduction
  11. Primary Research
  12. Key Industry Expert Insight
  13. Secondary Research
  14. Vital Data from Secondary Sources
  15. Market Size Estimation
  16. Data Validation & Triangulation
  17. EXECUTIVE SUMMARY
  18. MARKET DYNAMICS
  19. Introduction
  20. Drivers
  21. The growing use of 3D printing in the Automotive Industry
  22. Rising Demand for Prototyping and Mass Customization
  23. Restraint
  24. High Initial Investment and Required Maintenance Expertise
  25. Opportunities
  26. Use of 3D printing in the Aerospace industry
  27. Challenges
  28. Limited Material Selection
  29. INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
  30. Introduction
  31. Power of Buyers
  32. Power of Suppliers
  33. Intensity of Competition
  34. Challenges of Substitutes
  35. Challenges of New Entrants
  36. Micro-Economic Indicators
  37. GLOBAL 3D PRINTING MARKET BY TECHNOLOGY, Market Size in USD Million (2017–2024)
  38. Introduction
  39. Stereolithography (SLA)
  40. Digital Light Processing (DLP)
  41. Fused Deposition Modeling (FDM)
  42. Liquid Deposition Modeling (LDM)
  43. Selective Laser Sintering (SLS)
  44. Selective Laser Melting (SLM)
  45. Electronic Beam Melting (EBM)
  46. Laminated Object Manufacturing (LOM)
  47. Others
  48. GLOBAL 3D PRINTING MARKET BY COMPONENT, Market Size in USD Million (2017–2024)
  49. Introduction
  50. Printer Type
  51. Desktop 3D Printers
  52. Industrial 3D Printers
  53. Material Type
  54. Metal
  55. Plastics & Polymers
  56. Ceramic
  57. Nylon
  58. Others
  59. Software
  60. Scanning Software
  61. Printing Software

3D Printing in Healthcare Market: Summary

The Global 3D Printing in Healthcare Market is projected to reach a value of USD 4539.5 million by 2027 at a CAGR 19.9%.

3D printing alternatively termed as the additive manufacturing, which can be described as the process that creates a 3D structure through successive layers of raw material. It is rapidly used in the medical & healthcare sector owing to research-driven, fast moving and innovative nature of this sector. It is used in customized production of anatomical structures, implants, prosthetics, drugs and medical devices owing to superior benefits with 3D printing. The global 3D Printing in Healthcare market is driving on the grounds of increasing adoption of 3D printing in development of dental structures, pharmaceuticals, implants and anatomical model for education, research or for surgical planning. Growing demand of personalized medicine owing to higher benefits associated with it is fueling the market growth. Further, rise in demand for medical devices to offering higher disease diagnosis, treatment and enhance patient care, is boosting the 3D printing market in healthcare sector. However, high initial set-up cost along with Strict regulation on 3D printed medical devices hampers the market growth.

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3D Printing in Healthcare Market: Market Dynamics

Market Driver:

  • Growing Demand for Personalized Medicine and Implants
  • Use of 3D printing for designing and discovering implants specific for the patients for minimizing the procedure costs, reduce the surgical time, through optimizing the patient outcomes through proper biomechanical implant fit.
  • It is also used in development of personalized medicine, which is growing treatment area involving drugs, its dosage and delivery
  • Personalized medicine shifts the trend away from one size fit for all, creating demand for 3D printing for development of patient specific implants (PSI)
  • 3D-Printed drugs can be personalized through combination of the drug combinations offering advantage to the patient population through automated dosage control and tailored drug release profiles
  • According to the Personalized Medicine Coalition (PMC), in 2018, 42% of the total Food and Drug Administration (FDA) approvals were for personalized medicines, which represent constant increase since past years
  • Owing to higher demand for personalized medicine and implant demand, the 3D printing in healthcare is growing at a significant pace

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  • Various Advantages of 3D printing
  • 3D printing is innovative method for construction or building of the 3D objects from the digital 3D model
  • Some of the prominent benefits of the 3D printing includes rapid production, low cost, higher flexibility and better durability
  • In healthcare sector, the 3D printing has emerged as the promising technique for rapidly creating prothetics, implants, medical devices, specific drugs, and changing the pre-surgical planning before performing surgical procedure.
  • This leads to development of tailor made implants, and prosthetics for reducing trauma and promote recovery rate.
  • Due to rapid outcomes, it is used by many medical device manufacturers for developing drugs as well as test drug delivery devices in rapid as well as cheaper manner
  • 3D printing provides highly complex structures in relatively less cost with higher sterility, better customization in the rapid way
  • Due to the aforementioned factors, the demand for 3D Printing in Healthcare is on rise
  • Use of 3D printing for Development of Anatomical Models
  • Expanding Application Areas
  • Pre-Operative Surgical Planning Tools for Increasing Health Care Precision in Lesser Time and Cost
  • Increasing Demand for Medical Devices

Market Restraint:

  • High Set-Up Cost
  • Strict Regulation By The Regulatory Approval Authorities On The 3D Printing Medical Devices

3D Printing in Healthcare Market: Key Segments

The Healthcare 3D Printing market is majorly segments into method, type and application.

  • On the basis of method, the market is bifurcated into droplet deposition (DD), photopolymerization, laser beam melting, electronic beam melting (EBM) and laminated object manufacturing
  • On the basis of Component, the market is segmented into hardware, material, software and service. Hardware is further segmented into bioprinters and 3D printers. Materials is further segmented into polymers, slurries and gels, metals, ceramics and biological materials. Polymers are again segmented into thermoplastics, resins and wax. Among materials, metals dominated the segment owing to excellent ability of the metals to design and fabricate in the desired structure or mimic organs on a miniature scale for meeting the need of the patient
  • On the basis of application, the market is segmented into Anatomical Model, Tissue and Organoids, Surgical Tools and Prosthetics and Implants. Tissues and Organoids is segmented into heart, cornea, ear, cartilage and others. Surgical Tools is further segmented into forceps, retractors, medical clamps, needle drivers, hemostats and others. Prosthetics are further segmented into Limb and Arms and Implants are classified into Cranial Implants, Dental Implants and Orthopedic Implants

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Key Companies Covered

  • 3D Systems, Inc. (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy)
  • 3M
  • 3T Additive Manufacturing Ltd.
  • Carbon, Inc.
  • EnvisionTEC
  • ExOne
  • GENERAL ELECTRIC
  • Materialise
  • Oxford Performance Materials
  • Prodways Group
  • Renishaw plc.
  • Stratasys Ltd
  • Other Key Companies

3D Printing in Healthcare Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

3D Printing in Healthcare Market, by Method

  • Droplet Deposition (DD)
  • Fused Deposition Modeling (FDM) Technology
  • Low-temperature Deposition Manufacturing (LDM)
  • Multiphase Jet Solidification (MJS)
  • Photopolymerization
  • Stereolithography (SLA)
  • Continuous Liquid Interface Production (CLIP)
  • Two-photon Polymerization (2PP)
  • Laser Beam Melting
  • Selective Laser Sintering (SLS)
  • Selective Laser Melting (SLM)
  • Direct Metal Laser Sintering (DMLS)
  • Electronic Beam Melting (EBM)
  • Laminated Object Manufacturing

3D Printing in Healthcare Market, by Component

  • Hardware
  • Bioprinters
  • 3D Printers
  • Material
  • Polymers
  • Thermoplastics
  • Resins
  • Wax
  • Slurries and Gels
  • Metals
  • Ceramics
  • Biological Materials
  • Service
  • Software

3D Printing in Healthcare Market, by Application

  • Anatomic Model
  • Tissue and Organoids
  • Heart
  • Cornea
  • Ear
  • Cartilage
  • Others
  • Surgical Tools/ Medical Device
  • Forceps
  • Retractors
  • Medical Clamps
  • Needle Drivers
  • Hemostats
  • Others
  • Prosthetics & Implants
  • Implants
  • Cranial Implants
  • Dental Implants
  • Orthopedic Implants
  • Prosthetics
  • Limb
  • Arms

3D Printing in Healthcare Market, by Region

  • Americas
  • North America
  • US
  • Canada
  • Latin America
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Middle East & Africa
  • Middle East
  • Africa

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Table of Content

  1. INTRODUCTION
  2. Research Objectives
  3. Market Definition
  4. Research Scope
  5. Regional Coverage
  6. Research Timeline
  7. Assumptions
  8. Limitations
  9. RESEARCH DESIGN & SCOPE
  10. Introduction
  11. Primary Research
  12. Key Industry Expert Insight
  13. Secondary Research
  14. Vital Data from Secondary Sources
  15. Market Size Estimation
  16. Data Validation & Triangulation
  17. EXECUTIVE SUMMARY
  18. MARKET DYNAMICS
  19. Introduction
  20. Drivers
  21. Growing Demand for Personalized Medicine & Implants
  22. Use of 3D printing for Development of Anatomical Models
  23. Expanding Application Areas
  24. Various Advantages of 3D printing
  25. Pre-Operative Surgical Planning Tools for Increasing Health Care Precision in Lesser Time and Cost
  26. Increasing Demand for Medical Devices
  27. Restraint
  28. High Set-Up Cost
  29. Strict regulation by the regulatory approval authorities on the 3D printing medical devices
  30. Opportunities
  31. Rising demand for 3D bioprinting and 3D Printed Organs
  32. Entry of new market players
  33. Pipeline of medical devices FDA clearance
  34. Increasing Strategic Collaborations or partnerships
  35. Challenges
  36. Lack of Skilled Professionals
  37. Lack of Reimbursement Challenges the Establishment of 3D Printing Lab
  38. Market Factor Analysis
  39. Porters Five Forces Analysis
  40. Power of Buyers
  41. Power of Suppliers
  42. Intensity of Competition
  43. Challenges of Substitutes
  44. Challenges of New Entrants
  45. Macro-Economic Indicators
  46. Value Chain Analysis
  47. R&D and Designing
  48. Manufacturing
  49. Distribution & Sales
  50. Post-Sales Services
  51. COVID-19 Impact Analysis
  52. Impact on Market Growth
  53. Impact on Regions
  54. GLOBAL 3D PRINTING IN HEALTHCARE MARKET BY METHOD, MARKET SIZE IN USD MILLION (2018–2027)
  55. Introduction
  56. Droplet Deposition (DD)
  57. Fused Deposition Modeling (FDM) Technology
  58. Low-temperature Deposition Manufacturing (LDM)
  59. Multiphase Jet Solidification (MJS)
  60. Photopolymerization
  61. Stereolithography (SLA)
  62. Continuous Liquid Interface Production (CLIP)
  63. Two-photon Polymerization (2PP)
  64. Laser Beam Melting
  65. Selective Laser Sintering (SLS)
  66. Selective Laser Melting (SLM)
  67. Direct Metal Laser Sintering (DMLS)
  68. Electronic Beam Melting (EBM)
  69. Laminated Object Manufacturing
  70. GLOBAL 3D PRINTING IN HEALTHCARE MARKET BY COMPONENT, MARKET SIZE IN USD MILLION (2018–2027)
  71. Introduction
  72. Hardware
  73. Bioprinters
  74. 3D Printers
  75. Material
  76. Polymers
  77. Thermoplastics
  78. Resins
  79. Wax
  80. Slurries and Gels
  81. Metals
  82. Ceramics
  83. Biological Materials
  84. Service
  85. Software
  86. GLOBAL 3D PRINTING IN HEALTHCARE MARKET BY APPLICATION, MARKET SIZE IN USD MILLION (2018–2027)
  87. Introduction
  88. Anatomic Model
  89. Tissue and Organoids
  90. Heart
  91. Cornea
  92. Ear
  93. Cartilage
  94. Others
  95. Surgical Tools
  96. Forceps
  97. Retractors
  98. Medical Clamps
  99. Needle Drivers
  100. Hemostats
  101. Others
  102. Prosthetics & Implants
  103. Implants
  104. Cranial Implants
  105. Dental Implants
  106. Orthopedic Implants
  107. Prosthetics
  108. Limb
  109. Arms
  110. GLOBAL 3D PRINTING IN HEALTHCARE MARKET BY REGION, MARKET SIZE IN USD MILLION (2018–2027)
  111. Americas
  112. North America
  113. US
  114. Canada
  115. Latin America
  116. Europe
  117. Germany
  118. France
  119. Italy
  120. UK
  121. Spain
  122. Rest of Europe
  123. Asia-Pacific
  124. China
  125. India
  126. Japan
  127. Australia
  128. South Korea
  129. Rest of Asia-Pacific

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DataBridge Market Research

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach