Biocompatible 3D Printing Materials Market: Description
Third dimensional or alluded as 3D bio-printing, is a practice of utilizing 3D printing technique to combine cells, or biomaterials to fabricate biomedical parts. This is often done with the aim of replicating natural tissue features. Generally, 3D bio printing uses a layer-by-layer technique to deposit materials alluded as bio links to create tissue-like structures that are used in several medical and tissue engineering fields. 3D bio-printing comprises of a wide range of bio-printing techniques and biomaterials.
3D or 4D techniques are the emerging technical practices for fabrication of complex structures in biocompatible 3D printing materials market. High accuracy and layer-by-layer expansion of intelligent materials is making a way for dynamic 3D constructions for partners and makers. Similarly, 3D and 4D printing has proven to be the eminent part of production platform utilised in tissue engineering. Additionally, bio-compatible 3D printing is increasingly being used for tissue regeneration in biomedical engineering. Hence, the manufacturers and researchers are into invention of a novel patient centric technology in bio-medical sector.
The biocompatible market is thriving, as rising consumption of biocompatible 3D printing materials, high rise in usage of 3D printing in new medical applications, reduced manufacturing time and specially designed products.
Biocompatible 3D Printing Materials Market: Overview
The Biocompatible 3D Printing Materials Market is esteemed to demonstrate a substantial upswing with a CAGR of 22.0% during the forecasted period of 2023 to 2033. The Biocompatible 3D Printing Materials Market was worth USD 832.70 million in 2022 and is estimated to garner a significant improvement to reach USD 3,349.71 million by 2033.
Biocompatible 3D printing is a method of combining cells, growth factors, and bio- materials to create bio-medical components. Generally, 3D bio-printing uses a layer-by-layer process to deposit bio-links used to build tissue like structures that can be used in medical and tissue engineering. The bio materials that are used in bio-printing are varied. In the embed and prosthesis industry, biocompatible materials such as polyamide, PEEK, titanium, and cobalt-chrome amalgams are generally utilized. These materials form a fine cross section or grid structures on the outer layer of surgical implants. They also support in osseointegration and decrease rejection.
In comparison to conventional products, 3D printing with biocompatible materials produces better surface geometry and improves survival rates. Yet, growing government investments for the research and development in 3D printing and the application of 3D printing technology in bio-printing organs is aiding the market growth. Though market is witnessing growth, certain factors such as development of FDA-approved 3D printing biomaterials and the creation cost which is low, are affecting market from growing.
Biocompatible 3D Printing Materials Market: Key Trends
Rising pharmaceutical industries and growing demand for biocompatible 3D printing materials, peculiarly in implants and prosthesis application. Additionally, mass customisation of biocompatible 3D printing materials, and minimised production time for tailor made products is propelling the market growth.
· Rising demand for personalized healthcare: As healthcare becomes more personalized, the demand for custom-made medical devices and implants is increasing. Biocompatible 3D printing materials enable the production of patient-specific medical devices and implants with high precision and accuracy, which is driving the growth of the market.
· Growing use of 3D printing in dentistry: 3D printing is becoming increasingly popular in the dental industry due to its ability to produce accurate and customized dental implants, dentures, and orthodontic devices. Biocompatible 3D printing materials are particularly important in this sector as they ensure the safety and biocompatibility of these devices.
· Increasing adoption of biocompatible materials in the aerospace industry: Biocompatible materials are also being used in the aerospace industry for the production of lightweight and high-strength components. The use of biocompatible 3D printing materials in this sector is expected to grow significantly in the coming years.
· Advancements in 3D printing technology: The development of new 3D printing technologies, such as bioprinting, is driving the demand for biocompatible 3D printing materials. Bioprinting allows the production of 3D structures made of living cells and biomaterials, which has significant potential for the production of tissues and organs for transplantation.
· Increasing investment in R&D: Many companies are investing heavily in research and development to improve the properties and performance of biocompatible 3D printing materials. This investment is expected to lead to the development of new materials with enhanced biocompatibility, mechanical properties, and functionality.
Biocompatible 3D Printing Materials Market: Segmentation Analysis
Key Players
· Evonik
· 3D Systems
· EnvisionTEC
· 3D Composites
· Stratasys
· Concept Laser
· Aspect Biosystems
· EOS GmBH Electro Optical Systems
· Renishaw
· Formlabs
Biocompatible 3D Printing Materials Market based on Type: Analysis
Based on the type, the market is bifurcated into polymer, metal and others of which Polymer has the highest demand. This is because, polymer is cheaper in cost, easy to mould and degradable. this is driving the market.
· Polymer
· Metal
· Others
Biocompatible 3D Printing Materials Market by Application: Analysis
Based on the Application, the market is segmented into Implants & Prosthesis, Prototyping & Surgical Guides, Tissue Engineering, Hearing Aids, and others. Of all application forms, the tissue engineering segment is expected to hold the highest position in the world market. Growing cases of tissue or organ failure as a result of age, diseases, accidents, and congenital defects, together with advancement in research & development on bio fabrication of body parts and organ printing are the factors fuelling the market growth.
· Implants & Prosthesis
· Prototyping & Surgical Guides
· Tissue Engineering
· Hearing Aids
· Others
Biocompatible 3D Printing Materials Market by Form: Analysis
Based on Form, market is subdivided into:
· Powder
· Liquid
On the basis of geographical view, the market occupies regions as
· North America
· Asia Pacific (APAC)
· Europe
· Middle East & Africa (MEA)
· Latin America
North America is expected to lead the top position throughout the forecast period, this is due to intense government expenditure in 3D printing and for its research and development, rising number of printing businesses, along with strong economy to support with. Following North America, Asia-Pacific is expected to have the highest CAGR in the global market.
Biocompatible 3D Printing Materials Market: Competitive Landscape
Makers are investing in the advancement of biocompatible 3D printing materials, and expanded interest for biocompatible 3D printing materials in developing nations, as well as rising healthcare awareness, are projected to boost the market development. The key trend of mergers and acquisitions in the biocompatible 3D printing materials market is developing, which is the vital strategy adopted by major companies. The Biocompatible 3D Printing Materials Market is a highly competitive one due to the presence of multiple regional and multinational markets with a wide range of products. The biocompatible 3D printing materials market has a differentiated and laid out ecosystem comprising upstream players. Some of the prominent players are: Formlabs, Inc, 3D Systems, Inc., Concept Laser GmbH, Eos GmbH Electro Optical Systems, Renishaw Plc, Envisiontec, Inc., Aspect Biosystems Ltd., Evonik Industries AG, Stratasys Ltd., 3D Composites, and Others.
Report Scope:
Biocompatible 3D Printing Materials Market Forecast Years: 2023-2033
Biocompatible 3D Printing Materials Market Historical Years: 2020-2021
Biocompatible 3D Printing Materials Market 2022: USD 368 million
Biocompatible 3D Printing Materials Market 2033: USD 1,707 million
Biocompatible 3D Printing Materials Market CAGR: 15.6%
Key Segments: Technology, Industry verticals, and Regions
Key Regions & Countries: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
1. Global Biocompatible 3D Printing Materials Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Biocompatible 3D Printing Materials Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2023 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million) & Volume (Kilo Tons)
1.4. Global Biocompatible 3D Printing Materials Market Scope and Market Estimation
1.4.1. Global Biocompatible 3D Printing Materials Overall Market Size (US$ Million) & (Kilo Tons), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Biocompatible 3D Printing Materials Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Biocompatible 3D Printing Materials Market Segmentation
1.5.1. Type of Global Biocompatible 3D Printing Materials Market
1.5.2. Application of Global Biocompatible 3D Printing Materials Market
1.5.3. Form of Global Biocompatible 3D Printing Materials Market
1.5.4. Key Regions of Global Biocompatible 3D Printing Materials Market
2. Global Biocompatible 3D Printing Materials Market - Executive Summary
2.1. Global Biocompatible 3D Printing Materials Market – Summary & Snapshot
2.2. Global Biocompatible 3D Printing Materials Market, By Type (US$ Million) & (Kilo Tons)
2.3. Global Biocompatible 3D Printing Materials Market, By Application (US$ Million) & (Kilo Tons)
2.4. Global Biocompatible 3D Printing Materials Market, By Form (US$ Million) & (Kilo Tons)
2.5. Global Biocompatible 3D Printing Materials Market, By Geography (US$ Million) & (Kilo Tons)
2.6. Global Biocompatible 3D Printing Materials Market Outlook & Future Opportunities
3. Biocompatible 3D Printing Materials Market Trends, Outlook, and Factors Analysis
3.1. Global Biocompatible 3D Printing Materials Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Biocompatible 3D Printing Materials Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Biocompatible 3D Printing Materials Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Gigantic Customization of biocompatible 3D printing materials.
3.2.1.2. New product Development application of biocompatible 3D printing materials.
3.2.1.3. Driver 3
3.2.2. Restraints
3.2.2.1. Complications from Food and Drug Administration regulate market growth
3.2.2.2. Restraint 2
3.2.3. Opportunities
3.2.3.1. Acceptance of new Developed Technologies in bio printing organs.
3.2.3.2. Government Positive interference in medical Research
3.2.3.3. Opportunity 3
3.3. Impact Analysis of Drivers and Restraints
3.4. Ecosystem/ Value Chain Analysis
3.5. Porter’s Five Forces Analysis
3.6. SWOT Analysis
3.7. PEST Analysis
3.8. Average Selling Prices and Pricing Trends Analysis of Biocompatible 3D Printing Materials Market
3.9. Technological Roadmap
3.10. Key Investment Pockets of Biocompatible 3D Printing Materials Market
3.10.1. By Type
3.10.2. By Application
3.10.3. By Form
3.10.4. By Regions
4. Global Biocompatible 3D Printing Materials Market: Estimates & Historical Trend Analysis (2020 to 2021)
4.1. Global Biocompatible 3D Printing Materials Market, 2020 – 2021 (US$ Million) & (Kilo Tons)
4.2. Global Biocompatible 3D Printing Materials Market, By Type, 2020 to 2021 (US$ Million) & (Kilo Tons)
4.3. Global Biocompatible 3D Printing Materials Market, By Application, 2020 to 2021 (US$ Million) & (Kilo Tons)
4.4. Global Biocompatible 3D Printing Materials Market, By Form, 2020 to 2021 (US$ Million) & (Kilo Tons)
4.5. Global Biocompatible 3D Printing Materials Market, By Region, 2020 to 2021 (US$ Million) & (Kilo Tons)
5. Global Biocompatible 3D Printing Materials Market Estimates & Forecast Trend Analysis, by Type
5.1. Global Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, by Type, 2022 & 2033
5.2. Global Biocompatible 3D Printing Materials Market Revenue (US$ Million) & (Kilo Tons) Estimates and Forecasts, by Type, 2023 to 2033
5.2.1. Polymer
5.2.2. Metal
5.2.3. Others
6. Global Biocompatible 3D Printing Materials Market Estimates & Forecast Trend Analysis, by Application
6.1. Global Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, by Application, 2022 & 2033
6.2. Global Biocompatible 3D Printing Materials Market Revenue (US$ Million) & (Kilo Tons) Estimates and Forecasts, by Application, 2023 to 2033
6.2.1. Implants & Prosthesis
6.2.2. Prototyping & Surgical Guides
6.2.3. Tissue Engineering
6.2.4. Hearing Aid
6.2.5. Others
7. Global Biocompatible 3D Printing Materials Market Estimates & Forecast Trend Analysis, by Form
7.1. Global Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, by Form, 2022 & 2033
7.2. Global Biocompatible 3D Printing Materials Market Revenue (US$ Million) & (Kilo Tons) Estimates and Forecasts, by Form, 2023 to 2033
7.2.1. Powder
7.2.2. Liquid
8. Global Biocompatible 3D Printing Materials Market Analysis and Forecast, by Region
8.1. Global Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
8.2. Global Biocompatible 3D Printing Materials Market Revenue (US$ Million) & (Kilo Tons) Estimates and Forecasts, by Region, 2023 to 2033
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East and Africa
8.2.5. Latin America
9. North America Biocompatible 3D Printing Materials Market: Estimates & Forecast Trend Analysis
9.1. North America Biocompatible 3D Printing Materials Market Assessments & Key Findings
9.2. North America Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, 2022 & 2033
9.3. North America Biocompatible 3D Printing Materials Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2023 to 2033)
9.3.1. By Type
9.3.2. By Application
9.3.3. By Form
9.3.4. By Major Country
9.3.4.1. The U.S.
9.3.4.2. Canada
10. Europe Biocompatible 3D Printing Materials Market: Estimates & Forecast Trend Analysis
10.1. Europe Biocompatible 3D Printing Materials Market Assessments & Key Findings
10.2. Europe Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. Europe Biocompatible 3D Printing Materials Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2023 to 2033)
10.3.1. By Type
10.3.2. By Application
10.3.3. By Form
10.3.4. By Major Country
10.3.4.1. Germany
10.3.4.2. The U.K.
10.3.4.3. France
10.3.4.4. Italy
10.3.4.5. Spain
10.3.4.6. Rest of Europe (includes all other European countries)
11. Asia Pacific Biocompatible 3D Printing Materials Market: Estimates & Forecast Trend Analysis
11.1. Asia Pacific Biocompatible 3D Printing Materials Market Assessments & Key Findings
11.2. Asia Pacific Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Asia Pacific Biocompatible 3D Printing Materials Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2023 to 2033)
11.3.1. By Type
11.3.2. By Application
11.3.3. By Form
11.3.4. By Major Country
11.3.4.1. China
11.3.4.2. Japan
11.3.4.3. India
11.3.4.4. ASEAN
11.3.4.5. South Korea
11.3.4.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
12. Middle East & Africa Biocompatible 3D Printing Materials Market: Estimates & Forecast Trend Analysis
12.1. Middle East & Africa Biocompatible 3D Printing Materials Market Assessments & Key Findings
12.2. Middle East & Africa Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Middle East & Africa Biocompatible 3D Printing Materials Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2023 to 2033)
12.3.1. By Type
12.3.2. By Application
12.3.3. By Form
12.3.4. By Major Country
12.3.4.1. GCC
12.3.4.2. South Africa
12.3.4.3. Egypt
12.3.4.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
13. Latin America Biocompatible 3D Printing Materials Market: Estimates & Forecast Trend Analysis
13.1. Latin America Market Assessments & Key Findings
13.2. Latin America Biocompatible 3D Printing Materials Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Latin America Biocompatible 3D Printing Materials Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2023 to 2033)
13.3.1. By Type
13.3.2. By Application
13.3.3. By Form
13.3.4. By Major Country
13.3.4.1. Brazil
13.3.4.2. Mexico
13.3.4.3. Rest of Latin America (includes all other Latin America countries)
14. Competitive Landscape
14.1. Biocompatible 3D Printing Materials Market Revenue Share Analysis (%), By Major Players (2021)
14.2. Biocompatible 3D Printing Materials Market Competition Matrix, By Leading Players
14.3. Biocompatible 3D Printing Materials List of Emerging, Prominent and Leading Players
14.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
15. Company Profiles
15.1. Evonik Industries AG
15.1.1. Company Overview & Insights
15.1.2. Financial Performance
15.1.3. Product / Service Portfolio
15.1.4. Geographical Footprint & Share
15.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
15.2. Stratasys Ltd.
15.3. Concept Laser, GmBH
15.4. Renishaw PLC.
15.5. Formlabs Inc.
15.6. EOS GmBH Electro Optical Systems
15.7. 3D Systems, Inc.
15.8. Renishaw PLC.
15.9. Formlabs Inc.
15.10. 3D Composites
15.11. Cellink AB
15.12. Sandvik AB
15.13. Elix Polymers SLU
15.14. Bioink Solutions, Inc.
15.15. Apium Additive Technologies GmbH
15.16. Aspect Biosystems Ltd.
15.17. Detax Ettlingen
15.18. Hoganas AB
15.19. Cemetrix Solutions
15.20. EnvisionTEC, Inc.
15.21. Bioink Solution, Inc.
15.22. Others
16. Assumptions and Research Methodology
16.1. Data Mining
16.2. Secondary Research
16.3. Primary Research
16.4. Subject Matter Expert Advice
16.5. Quality Check
16.6. Final Review
16.7. Data Triangulation
16.8. Bottom-Up Approach
16.9. Top Down Approach
16.10. Research Flow
16.11. Key Insights from Industry Experts
16.12. Data Sources
16.13. Assumptions
16.14. Limitations
17. Conclusions and Recommendations
17.1. Key Research Findings and Conclusion
17.2. Key Insights & Recommendations from Analysts
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