Global Biocompatible 3D Printing Materials Market: By Type: Polymer, Metal, Others; By Form: Powder, Liquid, Others; By Application: Implants & Prosthesis, Prototyping & Surgical Guides, Tissue Engineering, Hearing Aid, Others; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis: Porter’s Five Forces Analysis: Regional Price Analysis: Competitive Landscape & Supplier Analysis: Events and Developments

Global Biocompatible 3D Printing Materials Market Key Insights:

Market Outlook

The global biocompatible 3D printing materials market reached a value of around USD 360 million in 2019 and is expected to grow at a CAGR of 20% during the forecast period of 2020-2025. The rising preference for additive manufacturing is one of the major factors driving the growth of the biocompatible 3D printing materials industry. The increasing demand for silicone in additive manufacturing owing to its sustainable and biocompatible nature is expected to provide a further boost to the industry as it offers flexibility in product design.

Properties and Applications

The biocompatible 3D printing materials industry can be divided into segments like type, application, and form. Based on its type, the market can be categorised as polymer, metal, and others. Based on its application, the market can be segmented into:

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

Based on its form, the market can be divided into powder, liquid, and others. The EMR report looks into the regional markets for biocompatible 3D printing materials like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

Market Analysis

The growing demand for additive manufacturing is one of the key factors contributing to the development of the biocompatible 3D printing materials industry. The demand for additive manufacturing is growing as it is used to produce complex components in the healthcare industry due to its flexible nature.

The powder is the leading segment in the global market for biocompatible 3D printing materials. The powder form is compatible with many 3D printers and is therefore used in medical applications such as implants and prostheses, tissue engineering, and surgical tools. Silicone is becoming increasingly popular as a raw material for the additive manufacturing of medical products owing to its chemical resistant properties and flexibility. The use of biocompatible 3D materials also reduces assembly time and wastage of material; thus, minimising production cost of components. This, coupled with the increased investment in the R&D sector to invent other advanced biocompatible 3D printing materials, is expected to impact the market positively during the forecast period.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global biocompatible 3D printing materials industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• 3D Systems, Inc. (NYSE: DDD)
• Evonik Industries AG
• Stratasys Ltd.
• Concept Laser GmbH 
• Renishaw 
• Aspect Biosystems Ltd.   
• Detax Ettlingen  
• Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

Key Questions Answered in the Report:

• How has the global biocompatible 3D printing materials industry performed in the previous years (2015-2019)?
• What is the forecast assessment of the market for 2020-2025?
• What are the major drivers for the historical (2015-2019) and forecast (2020-2025) periods?
• What are the major constraints for the historical (2015-2019) and forecast (2020-2025) periods?
• What are the major demand indicators of the global market?
• Who are the key manufacturers of biocompatible 3D printing materials in the industry globally?
• What are the major price indicators of biocompatible 3D printing materials in the global market?
• What is the degree of competition in the global market?
• What are the major events and developments taking place within the industry globally?

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