The 3D printing polymer material market for medical application was valued at US$ 930.70 million in 2021 and is projected to reach US$ 2,253.65 million by 2028; it is expected to grow at a CAGR of 13.5% from 2021 to 2028.
Polymers are one of the major 3D printing materials. Polymer 3D printing is an emerging technology that has greater applications in industries, particularly in the medical field. 3D printing polymer material consists of polyether ether ketone, polymethylmethacrylate, and polylactic acid. One of the major driver for the 3D printing polymer material market growth is an increasing use of 3D printing in dentistry for various applications. In dentistry, the use of 3D printing has seen a rapid increase. 3D printing technology is highly used by dentists to replace or repair a damaged tooth, create an orthodontic model, and produce crowns, caps, and dentures.
Impact of COVID-19 Pandemic on 3D Printing Polymer Material Market for Medical Application
Before the COVID-19 pandemic, the 3D printing polymer material market for medical application was growing due to high demand for polymers in 3D printing to make different medical devices, instruments, customized implants, and medical models. However, in 2020, various industries had to slow down their operations due to disruptions in value chains caused by the shutdown of national and international boundaries. The COVID-19 pandemic has adversely affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The demand for 3D printing polymer materials in application such as dental implants, dental prosthetics, implant accessories, hearing aids has reduced due to low demand for these products. However, the demand for 3D printing polymers have increased during the COVID-19 pandemic for the production of different personal protective equipment and medical devices.
Polymer 3D printing has established itself as a viable technology to produce ventilator valves, safety goggles, protective face shields, and testing swabs during the pandemic.
Radiant Insights, Inc. data shows that USA is the biggest contributor to the 3D Printing Polymer Materials revenue market, accounted for 37.72% of the total global market with a revenue of 109.07 million USD in 2017, followed by Europe, 32.02% with a revenue of 92.58 million USD.
3D printing polymer materials industry is dispersive relatively.
Currently, there are many producing companies in the world 3D printing polymer materials industry.
The main market players are Stratasys, 3D Systems, EOS, Voxeljet, Envision Tec and Taulman 3D.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-3d-printing-polymer-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering• Stratasys• 3D Systems• EOS• Voxeljet• Envision Tec• Taulman 3D• Asiga• Bucktown Polymers• Carima• DWS• ColorFabb• Mitsubishi Chemical• Esun On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into• Photopolymer• PLA• ABS• PMMA• PMMA• Others By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into• Consumer Goods• Aerospace & Defense• Automotive• Medical & Dental• Education• Others By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like• China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-3d-printing-polymer-market-2020-2026 Table of Contents Global 3D Printing Polymer Market Professional Survey Report 20191 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 Photopolymer1.3.2 PLA1.3.3 ABS1.3.4 PMMA1.3.5 PMMA1.3.6 Others1.4 Application Overview1.4.1 Consumer Goods1.4.2 Aerospace & Defense1.4.3 Automotive1.4.4 Medical & Dental1.4.5 Education1.4.6 Others1.5 Industrial Chain1.5.1 3D Printing Polymer Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 Photopolymer2.1.2 PLA2.1.3 ABS2.1.4 PMMA2.1.5 PMMA2.1.6 Others2.2 The Overall Market Performance(Value)2.2.1 Photopolymer2.2.2 PLA2.2.3 ABS2.2.4 PMMA2.2.5 PMMA2.2.6 Others Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/chemicals-and-materials About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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Market Research Future (MRFR) has revealed in its latest study that the global 3D printing material market is set to expand saliently striking a robust CAGR of 19% during the forecast period.
The market is estimated by MRFR to reach a value over USD 1,500 Mn towards the end of the assessment period.
The accelerated adoption of the technology across a wide range of industries is responsible for driving growth in the global 3D printing material market.Global Key Players and Competition AnalysisThe key players of 3D Printing Material market report include- Sandvik AB, Höganäs AB, Solvay S.A., EOS GmbH, Arcam AB Inc., 3D Systems Corporation, Royal DSM N.V., Arkema S.A. Inc., ExOne GmbH Inc., and Stratasys Ltd. Inc.Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1912Segmentation AnalysisBy material, the global 3D printing material market has been segmented into metals, plastics, ceramics, and others.
By application, the 3D printing material is segmented into automotive, healthcare, aerospace & defense, consumer goods, and others.Regional AnalysisThe regional analysis of 3d Printing Material Market is being studied for areas such as Asia pacific, North America, Europe and rest of the world.
Europe would be the largest growing market in terms of market size because of the expansion and development of industrial area of this region.Market Scope3D printing material is used to manufacture a 3-dimensional object wherein consecutive layers of a specific material are formed to create another object.
There are several processes of creating a 3D printing material such as selective laser melting (SLM), fused filament fabrication (FFF), stereo lithography (SLA) and a few more.
Global 3D printing Material Market is expected to grow at CAGR of 15% during the forecast period of 2019-2026.Global 3D Printing Material MarketTo know about the Research Methodology:-Request Free Sample ReportWhile original equipment manufacturers (OEMs) and suppliers predominantly use 3D Printing for rapid prototyping, the technical course of AM makes a solid case for its usage in product innovation and mass production in the future.As compared to traditional manufacturing processes 3D Printing technology can produce components with fewer design restrictions making it flexible enough to manufacture products with custom features and complex geometries.
Also manufacturing large parts, standardization issues, high cost, low availability of 3D printers and lack of skilled labors are the present hindrances in the path of this flourishing technology.
In spite of all these constraints, with the current advances, AM has been instrumental in bringing newer designs; cleaner, lighter, and safer products; shorter lead times and lower costs.Trans-Sectoral Utility of 3D Printing is a boon for the manufacturing industry as the whole.
All major sectors including Automotive Industry, Aerospace, and Defence, Healthcare, Architecture have adapted it and the extent of usage definitely has an upward trajectory in the near future.As per our research analyzing numerous data sources, it can be confidently concluded that Global 3D printing material market is expected to reach $18.11 Billion by 2024, from 2015 value of $5.31 Billion, growing at a rate of 15%.
The growth trajectory of 3D Printing Material market is as shown in the following graph.Major leading Manufacturers across various industries like Toyota, Ford, Mercedes-Benz from Automotive industry are adopting AM technology to produce essential machine parts, which shows the signs of a favorable change in the Global 3D Printing Material Market...The manufacturing world is at the doorstep of the next industrial revolution and it will not be a surprise that 3D Printing has to play a pivotal and decisive role in it.The objective of the report is to present comprehensive analysis of Global 3D Printing Material market including all the stakeholders of the industry.
The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language.
