Biocompatible 3D Printing Materials Market to Receive Overwhelming Hike in Revenues by 2027

1. Biocompatible 3D Printing Materials Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

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3. Biocompatible 3D Printing Materials Market: Key Highlights The global biocompatible 3D printing materials market was valued at ~US$ 318 Mn in 2018, and is anticipated to expand at a CAGR of ~16% from 2019 to 2027. The usage of 3D printing in the medical industry is expected to rise during the forecast period, due to the various advantages offered by 3D printing over traditional printing. Increase in the adoption of 3D printing in the medical industry is estimated to boost the demand for biocompatible 3D printing materials during the forecast period View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Key Drivers of Biocompatible 3D Printing Materials Market • 3D printing is rapidly becoming the preferred manufacturing technology for certain medical applications. 3D printing technology offers higher competitive advantages over traditional manufacturing techniques in the medical industry. • 3D printing facilitates the easy production of orthopedic implants, dental devices, surgical guides, anatomical models, medical tools, prostheses, and custom enclosures. It is also employed in the printing of organs, bone regeneration, and drug release. • The possibility of mass customization, i.e. production of highly-customized products, with the added advantage of low-cost production is also projected to boost the adoption of 3D printing in the medical industry.

5. Prototypes & Surgical Guides Application Projected to Offer Lucrative Opportunities 3D printing is widely used for the rapid prototyping and creation of anatomical models. It is also used to produce surgical guides, which are gaining popularity due to advancements in guided surgical procedures. Surgical guides are used in guiding the insertion and proper positioning of implants. The prototyping & surgical guides segment is anticipated to expand at a fast pace during the forecast period, due to the efficiency they provide in surgeries. Accurately printed customized surgical guides are employed for the insertion of implants during surgeries. ©2019 Transparency Market Research, All Rights Reserved

6. Leading Players Actively Engage in New Product Development and R&D Activities 3D Systems, Inc. Stratasys Ltd. Evonik Industries AG Renishaw plc Formlabs Inc. Envisiontec, Inc. Sandvik AB Elix Polymers SLU Concept Laser GmbH ©2019 Transparency Market Research, All Rights Reserved

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