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Tuesday, February 22, 2022

Global Biocompatible 3D Printing Materials Market to be Driven by Rising Preference for Additive Manufacturing in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global Biocompatible 3D Printing Materials Market Report and Forecast 2022-2027’, gives an in-depth analysis of the biocompatible 3D printing materials market, assessing the market supported its segments like product type, application, end-user and major regions. The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, alongside analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): 20%

One of the major factors driving the growth of the biocompatible 3D printing materials industry is the growing preference for additive manufacturing. The growing demand for silicone in additive manufacturing is expected to boost the industry, as it allows for more product design flexibility due to its sustainable and biocompatible nature. In the global market for biocompatible 3D printing materials, the powder is the leading segment. Because the powder form works with so many 3D printers, it’s used in medical applications like implants and prostheses, tissue engineering, and surgical tools. Because of its chemical resistance and flexibility, silicone is becoming more popular as a raw material for additive manufacturing of medical products. The use of biocompatible 3D materials also reduces assembly time and material waste, lowering component production costs. This, combined with increased R&D investment to develop other advanced biocompatible 3D printing materials, is expected to have a positive impact on the market during the forecast period.

Industry Definition and Major Segments

Biocompatible materials often include metalspolymers, composites, ceramics and others play a pivotal role in additive manufacturing. Compared to the conventional methods, biocompatible 3D printing is more efficient and is eco-friendly. The biocompatible 3D printing materials industry can be segmented into categories like type, application, and form.

Explore the full report with the table of contents@

Based on type:

Based on application:

  • Implants and Prosthesis
  • Prototyping and Surgical Guides
  • Tissue Engineering
  • Hearing Aid
  • Others

Based on form:

Based on regional markets, the segmentation of the biocompatible 3D printing materials industry includes

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • The Middle East and Africa

Latest News on Global Biocompatible 3D Printing Materials Market@

Market Trends

In the automotive industry, 3D printing materials are widely used to create scaled models for testing. Some of the parts that use 3D printing materials are bellows, front bumper, air conditioning ducting, suspension wishbone, dashboard interface, alternator mounting bracket, battery cover, and other components. 3D printing materials are being used by automotive OEM manufacturers for rapid prototyping. Automobile manufacturers are moving toward the use of 3D printing because of its advantages, such as low cost, shorter manufacturing time, less material waste, and so on. These materials are used by some of the world’s largest automotive manufacturers, including AUDI, Rolls-Royce, Porsche, Hackrod, and many others, to manufacture spare parts and metal prototypes. Because of the decreased demand for automotive fibres, the current slowdown in global automotive production has impacted the market for polyester staple fibre. Furthermore, the current slowdown in auto sales in countries like China is expected to stifle demand for 3D printing materials.

Key Market Players

The major players within the market are 3D Systems, Inc. (NYSE: DDD), Evonik Industries AG, Stratasys Ltd., Concept Laser GmbH, Renishaw, Aspect Biosystems Ltd., Detax Ettlingen and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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