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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; Regional Analysis; Historical Market and Forecast (2016-2026); 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 2021-2026.
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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.
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:
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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.
- 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 | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| 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 & Prosthesis, Prototyping & 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, EMR’s 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., 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. |
*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.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Biocompatible 3D Printing Materials Market Analysis
6.1 Global Biocompatible 3D Printing Materials Market (2016-2020) & Forecast (2021-2026)
6.2 Global Biocompatible 3D Printing Materials Market Breakup by Type
6.2.1 Polymer
6.2.2 Metal
6.2.3 Others
6.3 Global Biocompatible 3D Printing Materials Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
6.3.1 Polymer
6.3.2 Metal
6.3.3 Others
6.4 Global Biocompatible 3D Printing Materials Market Breakup by Form
6.4.1 Powder
6.4.2 Liquid
6.4.3 Others
6.5 Global Biocompatible 3D Printing Materials Market Breakup by Form: Historical Market (2016-2020) & Forecast (2021-2026)
6.5.1 Powder
6.5.2 Liquid
6.5.3 Others
6.6 Global Biocompatible 3D Printing Materials Market by Application
6.6.1 Implants & Prosthesis
6.6.2 Prototyping & Surgical Guides
6.6.3 Tissue Engineering
6.6.4 Hearing Aid
6.6.5 Others
6.7 Global Biocompatible 3D Printing Materials Market by Application: Historical Market (2016-2020) & Forecast (2021-2026)
6.7.1 Implants & Prosthesis
6.7.2 Prototyping & Surgical Guides
6.7.3 Tissue Engineering
6.7.4 Hearing Aid
6.7.5 Others
6.8 Global Biocompatible 3D Printing Materials Market by Region
6.8.1 North America
6.8.1.1 United States of America
6.8.1.2 Canada
6.8.2 Europe
6.8.2.1 Germany
6.8.2.2 United Kingdom
6.8.2.3 France
6.8.2.4 Italy
6.8.2.5 Others
6.8.3 Asia Pacific
6.8.3.1 China
6.8.3.2 Japan
6.8.3.3 India
6.8.3.4 ASEAN
6.8.3.5 Others
6.8.4 Latin America
6.8.4.1 Brazil
6.8.4.2 Argentina
6.8.4.3 Mexico
6.8.4.4 Others
6.8.5 Middle East & Africa
6.8.5.1 Saudi Arabia
6.8.5.2 United Arab Emirates
6.8.5.3 Nigeria
6.8.5.4 South Africa
6.8.5.5 Others
6.9 Global Biocompatible 3D Printing Materials Market by Region: Historical Market (2016-2020) & Forecast (2021-2026)
6.9.1 North America
6.9.1.1 United States of America
6.9.1.2 Canada
6.9.2 Europe
6.9.2.1 Germany
6.9.2.2 United Kingdom
6.9.2.3 France
6.9.2.4 Italy
6.9.2.5 Others
6.9.3 Asia Pacific
6.9.3.1 China
6.9.3.2 Japan
6.9.3.3 India
6.9.3.4 ASEAN
6.9.3.5 Others
6.9.4 Latin America
6.9.4.1 Brazil
6.9.4.2 Argentina
6.9.4.3 Mexico
6.9.4.4 Others
6.9.5 Middle East & Africa
6.9.5.1 Saudi Arabia
6.9.5.2 United Arab Emirates
6.9.5.3 Nigeria
6.9.5.4 South Africa
6.9.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Competitive Landscape & Supplier Analysis
9.1 3D Systems, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Evonik Industries AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Stratasys Ltd.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Concept Laser GmbH
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Renishaw [RSW (LON)]
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Aspect Biosystems Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Detax Ettlingen
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Others
10 Industry Events and Developments
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., 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 2021-2026.
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., 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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