Digital 3D Printing Market Size, Growth and Trends Analysis by Component (System/Device, Software/Services), Material (Polymers, Metal and Alloy), Technology (Stereo Lithography, Deposition Modeling, Laser Sintering, Jetting Technology, Electron Beam Melting), Application (Dental, Prosthetics, Orthopedics, Medical Components, Tissue Engineering, Hearing Aids, Drug Screening), End-User – Global Forecast till 2025
Digital 3D Printing Market Trends
The digital 3D printing market is projected to grow at a CAGR of 20.54% during the forecast period. As per the 3D printing market research report, the global market for 3D printing is projected to grow swiftly by US$5,214.8 million by 2025. According to analysts, increasing applications of digital 3D printing in healthcare as well as advanced 3D printing techniques will drive the market growth during the forecast period.
The 3D printing market research report offers a comprehensive analysis of the global 3D printing market and its application, end-users, component, technologies, and material segments. The high price of technologies along with technical limitations are the elements that could influence the 3D printing market advancement throughout the forecast period. The 3D printing market research report by expert analysts is developed to assist organizations in the 3D printing market.
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Digital 3D Printing Market Segmentation
The global 3D printing market has been segmented based on application, end-users, component, technologies, and material. On the basis of application, the market for 3D printing is segmented based on drug screening, hearing aids, medical components, orthopedics, prosthetics, tissue engineering, dental, and others. Additionally, the market on the basis of end-users, is segmented into dental clinics & laboratories (offices), pharmaceutical & biotechnology companies, hospitals & surgical centers, and others. The global market for 3D printing is also covered based on the component segment which is further split into system/device, software/services. On the basis of technologies, the market for 3D printing is segmented based on deposition modeling, electron beam melting, jetting technology, laser sintering, stereo lithography, and others. Additionally, the market on the basis of material, is segmented into polymers, metal and alloy, and others.
Major elements such as high material cost could obstruct the 3D printing market growth. However, according to the 3D printing market research report, increasing use in dental & orthodontic treatments along with increasing benefits of the mentioned applications will propel growth throughout the forecast period. The 3D printing market is set to register growth at a high CAGR owing to these key factors.
The exploration of application, end-users, component, technologies, and material segments along with regional markets has been given in the global digital 3D printing market research report. The research analysts studying the 3D printing market have put out market forecasts in the 3D printing market research report in order to support digital 3D printing market-based companies. The 3D printing market research report provides an extensive understanding of the 3D printing market based on the information and forecasts till 2025.
Digital 3D Printing Market Regional Insights
North America, Europe, Asia Pacific and the rest of the world regional market for 3D printing are predominantly covered in the global 3D printing market research report. Country-level 3D printing markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level 3D printing markets are covered in the report. In Asia-Pacific (APAC) region, the country-level 3D printing markets covered are Japan, India, China, and others. The 3D printing market research report also explores the regional market for 3D printing present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The 3D printing market research report also covers regional markets from the rest of the world alongside 3D printing markets of Africa and the Middle East.
Digital 3D Printing Market Competitive Landscape
Technological advancements in digital 3D printing and the surge in demand for metal and alloy are presumed to drive the 3D printing market growth worldwide. The global 3D printing market could be challenged by technical complexities, nevertheless, organizations in the 3D printing market will carry the growth rate forward. The 3D printing market research report presents company profiles of major companies active in the 3D printing market globally. Furthermore, the global 3D printing market report offers an all-inclusive analysis of the market collected from the 3D printing market’s primary and secondary sources covering both decision makers and thought leaders. The 3D printing market research report highlights such key areas assisting businesses operating in the 3D printing market to build better growth strategies.
University of New South Wales scientists (UNSW) created a new method for 3D printing structures for bone-imitation containing living cells that could potentially be applied to bone tissue technology, disease-modeling, and drug screening applications. Most notably, the method could allow the reconstruction of bone and cartilage defects locally, by extruding the ceramically founded ink directly into the area concerned, which, according to Associate Professor Kristopher Kilian, has not yet been achieved through other technology.
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