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

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Biocompatible 3D Printing Materials Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2027

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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

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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.

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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.

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Leading Players Actively Engage in New Product
Development and RD Activities

• 3D Systems, Inc.
• Stratasys Ltd.
• Evonik Industries AG
• Renishaw plc
• Formlabs Inc.
• Envisiontec, Inc.
• Sandvik AB
• Elix Polymers SLU
• Concept Laser GmbH

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