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Global Biocompatible 3D Printing Materials Market: By Type: Polymer, Metal, Others; By Form: Powder, Liquid, Others; By Application: Implants and Prosthesis, Prototyping and Surgical Guides, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Biocompatible 3D Printing Materials Market Outlook
The global biocompatible 3D printing materials market reached a value of around USD 360 million in 2020 and is expected to grow at a CAGR of 20% during the forecast period of 2023-2028.
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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.
Market Segmentation
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:
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- 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.
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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.
- General Electric Company (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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Form, Application, Region |
| Breakup by Type | Polymer, Metal, Others |
| Breakup by Form | Powder, Liquid, Others |
| Breakup by Application | Implants and Prosthesis, Prototyping and Surgical Guides, Tissue Engineering, Hearing Aid, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | 3D Systems, Inc., Evonik Industries AG, Stratasys Ltd., General Electric Company (Concept Laser GmbH), Renishaw [RSW (LON)], Aspect Biosystems Ltd., Detax Ettlingen, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Biocompatible 3D Printing Materials Market Analysis
8.1 Key Industry Highlights
8.2 Global Biocompatible 3D Printing Materials Historical Market (2018-2022)
8.3 Global Biocompatible 3D Printing Materials Market Forecast (2023-2028)
8.4 Global Biocompatible 3D Printing Materials Market by Type
8.4.1 Polymer
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Metal
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Biocompatible 3D Printing Materials Market by Form
8.5.1 Powder
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Liquid
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Biocompatible 3D Printing Materials Market by Application
8.6.1 Implants and Prosthesis
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Prototyping and Surgical Guides
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Tissue Engineering
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Hearing Aid
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Biocompatible 3D Printing Materials Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 3D Systems Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Evonik Industries AG
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Stratasys Ltd.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 General Electric Company (Concept Laser GmbH)
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Renishaw Plc
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Aspect Biosystems Ltd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Detax Ettlingen
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Biocompatible 3D Printing Materials Market: Key Industry Highlights, 2018 and 2028
2. Global Biocompatible 3D Printing Materials Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Biocompatible 3D Printing Materials Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Biocompatible 3D Printing Materials Historical Market: Breakup by Form (USD Million), 2018-2022
5. Global Biocompatible 3D Printing Materials Market Forecast: Breakup by Form (USD Million), 2023-2028
6. Global Biocompatible 3D Printing Materials Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Biocompatible 3D Printing Materials Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Biocompatible 3D Printing Materials Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Biocompatible 3D Printing Materials Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Biocompatible 3D Printing Materials Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Biocompatible 3D Printing Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Biocompatible 3D Printing Materials Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Biocompatible 3D Printing Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Biocompatible 3D Printing Materials Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Biocompatible 3D Printing Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Biocompatible 3D Printing Materials Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Biocompatible 3D Printing Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Biocompatible 3D Printing Materials Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Biocompatible 3D Printing Materials Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Biocompatible 3D Printing Materials Market Structure
Key Questions Answered in the Report
In 2020, the global biocompatible 3D printing materials market attained a value of nearly USD 360 million.
The market is estimated to witness a healthy growth, expanding at a CAGR of 20% between 2021 and 2026.
The major drivers of the market include the growing demand for additive manufacturing (AM), also known as 3D printing, and the rapid technological advancements.
The increased investment in the R&D sector to invent other advanced biocompatible 3D printing materials is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Polymer, and metal, among others are the different types of the product in the market.
Powder, and liquid, among others are the significant forms of the product in the market.
Implants and prosthesis, prototyping and surgical guides, tissue engineering, and hearing aid, among others are the various applications of the product.
The major players in the industry are 3D Systems, Inc., Evonik Industries AG, Stratasys Ltd., General Electric Company (Concept Laser GmbH), Renishaw, Aspect Biosystems Ltd., and Detax Ettlingen, among others.
Analyst Review
The biocompatible 3D printing materials market is being driven by the growing demand for additive manufacturing in the medical field. Aided by the increasing investment in R&D activities to develop advanced biocompatible 3D printing materials, the market is anticipated to grow at a CAGR of 20% in the forecast period of 2023-2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is divided into polymer, and metal, among others. On the basis of form, the market is segmented into powder, and liquid, among others. The various applications of the product include implants and prosthesis, prototyping and surgical guides, tissue engineering, and hearing aid, among others. The major regional markets for biocompatible 3D printing materials are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include 3D Systems, Inc., Evonik Industries AG, Stratasys Ltd., General Electric Company (Concept Laser GmbH), Renishaw, Aspect Biosystems Ltd., and Detax Ettlingen, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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