Biocompatible 3D Printing Material Trends and Forecast
The future of the global biocompatible 3D printing material market looks promising with opportunities in the implant & prosthesis, prototyping & surgical guide, tissue engineering, and hearing aid markets. The global biocompatible 3D printing material market is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 24.5% from 2024 to 2030. The major drivers for this market are large-scale biocompatible 3D printing materials customization, utilization of 3D printing in new medical applications ,and reduced production time and products that are specifically tailored.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Biocompatible 3D Printing Material by Segment
The study includes a forecast for the global biocompatible 3D printing material by type, form, application, and region.
Biocompatible 3D Printing Material Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Polymer
• Metal
• Others
Biocompatible 3D Printing Material Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Powder
• Liquid
• Others
Biocompatible 3D Printing Material Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Implants & Prosthesis
• Prototyping & Surgical Guides
• Tissue Engineering
• Hearing Aids
• Others
Biocompatible 3D Printing Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Biocompatible 3D Printing Material Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biocompatible 3D printing material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biocompatible 3D printing material companies profiled in this report include-
• 3D Systems
• Evonik
• Stratasys
• Concept Laser
• EOS Electro Optical Systems
• Renishaw
• Formlabs
• EnvisionTEC
• 3D Composites
• Aspect Biosystems
Biocompatible 3D Printing Material Market Insights
Lucintel forecasts that polymer is expected to witness highest growth over the forecast period due to its growing application in various 3D printing given to its affordablility, moldability, and biodegradable feature.
Implant & prosthesis will remain the largest segment due to significant demand for biocompatible 3D printing materials in this application for dental, orthopedic, and cardiovascular implants.
North America is expected to witness highest growth over the forecast period due to rising government spending on 3D printing technology, rapid industrialiization, and presence of key players in the region.
Features of the Global Biocompatible 3D Printing Material Market
Market Size Estimates: Biocompatible 3D printing material market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Biocompatible 3D printing material market size by type, form, application, and region in terms of value ($B).
Regional Analysis: Biocompatible 3D printing material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, forms, applications, and regions for the biocompatible 3D printing material market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biocompatible 3D printing material market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the biocompatible 3D printing material market size?
Answer: The global biocompatible 3D printing material market is expected to reach an estimated $3.8 billion by 2030.
Q.2 What is the growth forecast for biocompatible 3D printing material market?
Answer: The global biocompatible 3D printing material market is expected to grow with a CAGR of 24.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the biocompatible 3D printing material market?
Answer: The major drivers for this market are significant application of this technology in bioprinting organs, rising utilization of 3D printing in tissue regeneration of magneto-responsive polymers, and growing demand for energy efficient and environmentally-friendly printing devices.
Q4. What are the major segments for biocompatible 3D printing material market?
Answer: The future of the biocompatible 3D printing material market looks promising with opportunities in the implant & prosthesis, prototyping & surgical guide, tissue engineering, and hearing aid markets.
Q5. Who are the key biocompatible 3D printing material market companies?
Answer: Some of the key biocompatible 3D printing material companies are as follows:
• 3D Systems
• Evonik
• Stratasys
• Concept Laser
• EOS Electro Optical Systems
• Renishaw
• Formlabs
• EnvisionTEC
• 3D Composites
• Aspect Biosystems
Q6. Which biocompatible 3D printing material market segment will be the largest in future?
Answer: Lucintel forecasts that polymer is expected to witness highest growth over the forecast period due to its growing application in various 3D printing given to its affordablility, moldability, and biodegradable feature.
Q7. In biocompatible 3D printing material market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rising government spending on 3D printing technology, rapid industrialiization, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the biocompatible 3D printing material market by type (polymer, metal, and others), form (powder, liquid, and others), application (implants & prosthesis, prototyping & surgical guides, tissue engineering, hearing aids, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Biocompatible 3D Printing Material Market, Biocompatible 3D Printing Material Market Size, Biocompatible 3D Printing Material Market Growth, Biocompatible 3D Printing Material Market Analysis, Biocompatible 3D Printing Material Market Report, Biocompatible 3D Printing Material Market Share, Biocompatible 3D Printing Material Market Trends, Biocompatible 3D Printing Material Market Forecast, Biocompatible 3D Printing Material Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.