3D Printing Materials and Services Market To Grow At Global Sector by the Major Factors and the …

 

Global 3D Printing Materials and Services Market 2018-2023:

The Global 3D Printing Materials and Services Market was estimated at USD 5.45 billion in 2017 and is projected to reach USD 29.56 billion by 2023, at a CAGR of 40.24% over the forecast period. This technology has been used by companies for prototyping purposes for decades and is slowly being integrated into final products. 3D printing materials come in varieties like plastic, metal, ceramic etc. to offer raw material solutions to various industries like automotive, aerospace, defense and others.

The major players include:

ENVISIONTEC GMBH, STRATASYS LTD., ARKEMA S.A., ROYAL DSM N.V., ARCAM AB, 3D SYSTEMS GROUP, CRP GROUP, LPW TECHNOLOGY LTD., ABB GROUP, amongst others.

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Companies Mentioned:
Envisiontec GmbH, Stratasys Ltd., Arkema S.A., Royal DSM N.V., Arcam AB, 3D Systems Group, CRP Group, LPW Technology Ltd., ABB Group,

The 3D printing materials and services market is driven by the growth of the 3D printing market and a vast array of upcoming applications. With the introduction of materials like graphene, new application sectors of 3D printed electronics and automotive have opened up. Judicial implementation of the technology offers opportunities to re-structure the entire supply chain for many industries. Recent technological advancements have brought down the cost of getting objects 3D printed while increasing the speed of the process. Considerable support is also being seen from some governments to promote R&D of the technology. The market is restrained by very high initial inventory investment and expensive materials to sustain growth.

The market segment by type is led by plastic, but metal is expected to grow owing to its increase in the number of applications. By form, the market is segmented into liquid, filament and powder. Application in the automotive sector is growing due to the introduction of 3D printed technology in manufacturing hybrid vehicles. Consumer goods like electronics and home appliances are high-potential sectors, as the cost of producing finished products go down.

Regionally, the US is the biggest market for 3D printing technology in the world. Germany contributes to approximately 33% of the total European market. Analyses indicate that China shall become the fastest growing 3D printing market in the world.

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Key Deliverables of the Study:
Market analysis for the global 3D printing materials and services market, with region specific assessments and competition analysis on global and regional scales.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market.
Identification and analysis of the macro and micro factors that affect the global 3D printing materials and services market on both global and regional scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights into the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights into the major countries/regions in which this industry is growing and identifying the regions which are still untapped.

Table Of Content:

  1. Introduction
  2. Research Methodology
  3. Market Overview
  4. Market Dynamics
  5. Market Segmentation
  6. Competitive Analysis – Company Profiles
  7. Investment Analysis
  8. Future of Global 3D Printing Material Market

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3D Printing Medical Devices Market to Grow at a CAGR of 17.80% Globally by 2023

Global 3D Printing Medical Devices market  that picked up a higher benefit of USD 0.84 Billion by the year 2017 presently set to achieve USD 2.21 Billion over the forecast period till 2023 growing at a CAGR of 17.80%. Aim of the 3D Printing Medical Devices market report is to examine most recent market inclination that will reach in next 5 years. The prevailing factors such as dominant market segments, market share, size of the 3D Printing Medical Devices market and the leading makers that can upgrowth the 3D Printing Medical Devices market is likewise considered in this report.

The report also focuses on the significant events of the 3D Printing Medical Devices industry such as mergers & acquisitions, product acquittance along with the major key players involved in the 3D Printing Medical Devices market. It additionally indicates, cautions, and challenges faced by the leading manufacturers of the 3D Printing Medical Devices industry.

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The entire report is divided into following categories:

3D Printing Medical Devices market segmentation based on top manufacturers: Arcam AB, SLM Solutions Group AG, 3T RPD Ltd., EOS GmbH Electro Optical Systems, Envisiontec GmbH, Renishaw plc, Prodways Group, Organovo Holdings Inc., Stratasys Ltd., Concept Laser GmbH, Carbon Inc., Anatomics Pty Ltd., Biomedical Modeling Inc., Materialise NV and 3D Systems Corporation

3D Printing Medical Devices market segmentation type-based:  Photopolymerization, Three-Dimensional Printing (3DP) Or Adhesion Bonding? Or Binder Jetting, Droplet Deposition Or Extrusion-Based Technologies, Electron Beam Melting, and Laser Beam Melting

3D Printing Medical Devices market segmentation application-based:  Dental Restorations, Porous Scaffolds, Implants, Manufacturing Surgical Guides and Prosthetics

Major Regions upbringing the market are: North America, Europe, Latin America, The Middle East, United Kingdom, Asia-Pacific and Africa

Real preferences of the Global 3D Printing Medical Devices Market report:

— In-depth analysis and different strategies that will empower players to remain aspiring in the 3D Printing Medical Devices market.

Episodic examination of certain parts of the 3D Printing Medical Devices market in order to expand the development level in coming years.

— An thorough examination of 3D Printing Medical Devices key players that are responsible for growth of the market.

Major intuitions of the 3D Printing Medical Devices industry:

The 3D Printing Medical Devices report particularly underscores on productiveness, improved approach and manufacturing information along with network and accomplishments in 3D Printing Medical Devices market. Utilization of the product results in various areas is the latest trend of the 3D Printing Medical Devices market.

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Following are the some FAQ’s that may emerge into vendors mind whenever they explore the 3D Printing Medical Devices industry.

* What are the 3D Printing Medical Devices current market pattern?

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* What are the 3D Printing Medical Devices strengths and inclination of the key dealers?

At the completion of this 3D Printing Medical Devices report, a competitive situation is being discussed to compile business growth, revenue, and profit of the 3D Printing Medical Devices industry. Considerable developments and contraptions will compensate top players of the 3D Printing Medical Devices industry to plan vital business approaches and strategies. The research findings and results mentioned at the end of 3D Printing Medical Devices market report helps business people, and colleagues to bring about all the opportunities and take vital determinations in upcoming years.

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Impossible Objects raises $6.4M to grow staff in marketing, sales and R&D

Additive manufacturing startup Impossible Objects just stacked up a $6.4 million Series A.

Returning investor OCA Ventures led the round, which was also joined by IDEA Fund Partners, Mason Avenue Investments, Huizenga Capital Management and Inflection Equity Partners.

“3D printing is on a trajectory to disrupt traditional manufacturing,” said CEO Larry Kaplan. “We believe that we’ll accelerate that trajectory and be at the forefront of it.”

Impossible Objects uses composite-based additive manufacturing technology –– or CBAM –– to create functional parts and tools quickly and at scale.

Like most 3D printing, this technology relies on adding layers of material on top of each other to create a three-dimensional object. But Impossible Objects’s technology lets users use higher-strength materials and print at a faster pace.

To Kaplan, those features mean 3D printers can replace some of the equipment used in traditional manufacturing.

“The process involves feeding 2D sheets of composite materials into what is essentially an ink jet printer,” Kaplan said. “Ordinary [ink jet] heads wet the part shape onto the fabric, and the sheet goes through a system that drops thermoplastic powder across it. The powder sticks to where the sheet was wet, and the final stack of sheets is heated and pressed. The polymer bonds the sheets together to form the part.”

Impossible Objects is currently forming partnerships with original equipment manufacturers to test pilot versions of its printers. The company’s flagship printer, the Model One, will be commercially available sometime in 2018. 

Kaplan says the company’s printers have the capability to produce everything from automotive parts to medical devices.

“Impossible Objects is leading the way by using its technology to transform how the largest corporations manufacture,” said OCA Ventures general partner Ian Drury in a statement. “The market opportunity for a revolutionary industrial additive manufacturing solution such as Impossible Objects’ CBAM is enormous and the company has huge momentum right now.”

Impossible Objects plans to use its funding to grow its research and development team along with its sales and marketing staff. The company has a current headcount of 17 full-time employees, and Kaplan said he could easily foresee the team doubling in size during 2018.

 

Image via Impossible Objects.

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