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text 2019-10-23 14:43
Additive Manufacturing Market future growth probabilities and Comprehensive Analysis & Key Players

Additive manufacturing (AM) is an automatic process used to create rapid prototypes and functional end-use parts. It takes virtual designs from Computer Aided Design (CAD) software, and transforms them into thin, virtual, horizontal layer-wise cross-sections, until the model is complete. Various synonyms generally used for AM are additive fabrication, additive processes, additive techniques, additive layer manufacturing, layer manufacturing, and freeform fabrication.

The Additive Manufacturing Market is expected to grow at a CAGR of 13.5% to reach $3,471.9 million.

According to the American Society for Testing and Materials (ASTM), is the “process of joining materials to make objects from 3D model data, usually layer upon layer”. Various synonyms generally used for AM are additive fabrication, additive processes, additive techniques, additive layer manufacturing, layer manufacturing, and freeform fabrication.

Technological innovations in 3d printing have been witnessed over the past few years. Newer surgical products manufactured from AM, with better safety and efficacy attributes, contribute to the widespread adoption of the additive manufacturing in medical by physicians and patients worldwide.

Download PDF - Additive Manufacturing Market:


Global 3D Printing Market, by industry

  • Automotives
  • Consumer products
  • Business machines
  • Medical
  • Academic
  • Aerospace
  • Government/military

Automotive or motor vehicles account for the largest share in this market, primarily due to the easy applications of 3D printing in the production of end-products (engines, spare parts, other interior, and exterior parts) as compared to other segments such as consumer products and business machines, which have limited usage in manufacturing of end-products. Rising healthcare expenditure in emerging economies provide growth opportunities for the AM technologies, as new healthcare facilities have come up in these areas.

New and improved technologies, financial support from governments, large application area, rapid product development at a low cost, and ease of development of custom products are the major drivers that are slated to propel additive manufacturing market. However, a few pivotal factors restraining the growth of this market are regulatory hurdles in different countries, material characterization during development, and process control and understanding.

The penetration rate of additive manufacturing for the medical devices market is faltering in emerging markets. However, established companies and new entrants in the additive manufacturing for medical devices market should consider these GDP growth rates, ease of product approval, increasing procedural volumes, and low penetration rates compared to mature markets, as the driving opportunistic factors that will plant the seed for future possible success for such companies.

Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=843

Geographical Analysis of Additive Manufacturing Market:

Europe accounts for the largest market share of the global additive manufacturing for medical devices market, followed by North America. In the future, it is estimated that the share of the European region will decrease, attributable to lowering device prices, regulatory pressures, and increasing focus of players towards emerging markets in the Asian and Latin American regions.

Major Key Players in Additive Manufacturing Market:

The key players in this market are 3D Systems Corporation (U.S.), 3T RPD (U.K.), Arcam AB (Sweden), Biomedical Modeling, Inc. (U.S.), Envisiontec GmbH (Germany), EOS GmbH Electro Optical Systems (Germany), Fcubic AB (Sweden), GPI Prototype and Manufacturing Services, Inc. (U.S.), Greatbatch, Inc. (U.S.), Layerwise NV (Belgium), Limacorporate SPA (Italy), Materialise NV (Belgium), Medical Modeling, Inc. (U.S.), and others.


Source: www.marketsandmarkets.com/Market-Reports/additive-manufacturing-medical-devices-market-843.html
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review 2019-07-18 09:25
Additive Manufacturing Market is estimated to reach $16.9 billion by 2023

According to the report published by IndustryARC titled “Additive Manufacturing Market Analysis: By Technology (3D Printing, Laser Sintering, Stereo lithography & Others); By Material Type (Homogeneous, Heterogeneous) By Application (Automotive, Medical and Aerospace) & Geography – Forecast (2018 – 2023),” the Additive market is forecast to reach $16.9 billion by 2023.


Browse 63 Market Tables, and 177 Figures spread through 180 Pages and go through an in-depth TOC on “Additive Manufacturing Market”


Early Buyers will receive 10% Customization on this Report.


Make an inquiry @ http://www.industryarc.com/inquiry-before-buying.php?id=15277


As per the recent study from IndustryARC, the additive manufacturing market is estimated to reach $16.9 billion by 2023 and grow at CAGR 17.5% during 2018-2023. The growing emphasis towards lightweight automotive components with complex geometries for reducing exhaust emissions has been poised to drive the additive manufacturing market during the period 2018-2023.


The Additive Manufacturing market is all set to exhibit robust growth owing to the increasing applications in medical, aerospace and automotive industries. However, higher costs of the devices such as 3D Printers, ancillary equipment, and so on which are involved in additive manufacturing technologies have restricted the growth of the global Additive Manufacturing market to a certain extent.


With a market share of around 20%, the automotive industry is leading the end user segment for additive manufacturing. With an increased number of startups and provision of 3D printing services and products at an extremely low cost, North America has dominated the Additive Manufacturing market in 2018 with a market share of 35%.

Asia-Pacific is expected to be the fastest growing region for the Additive Manufacturing market during the forecast period with a huge market share particularly in China due to the development and usage of 3D printing technology for mass manufacturing in Aviation and medical industry verticals. The growth of the Additive Manufacturing market in the APAC region has accelerated due to the increase in the adoption of 3D printing technology, laser sintering, and stereolithography technologies.


Several innovative shapes and designs can be created using additive manufacturing technologies which helps in the creation of flexible electronic components. Medical industry is driving the market for Additive manufacturing industry with the 3D printable prosthetics which is the current trend that helps in creation of the artificial parts for amputated body parts.


The Major Players in this Market Include


Arcam AB
Stratasys Ltd.
Greatbatch Ltd.
Biomedical Modeling Inc.
EOS GmbH Electro Optical Systems


Additive Manufacturing companies have utilized mergers and acquisitions as well as product launches as a strategy and enhanced core competencies through additions to product portfolio to gain a foothold in the emerging markets.


The various end-user industries covered in the Additive Manufacturing Market report include:


Medical devices


The overall market is also presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled.


Talk to one of our sales representative about the full report by providing your details in the link below:

@ https://www.industryarc.com/support.php?id=15277


About IndustryARC:


IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.


IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.


We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.


Contact Us:
Mr. Venkateshwar Reddy
Business Development Manager
Email: sales@industryarc.com
Contact Sales: 1-614-588-8538 (Ext-101)

Source: www.industryarc.com/PressRelease/918/Additive-Manufacturing-Market-Research.html
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quote 2013-06-20 10:19
The idea of machines making machines is a recurring theme in both science fiction stories and serious academic studies. There are probably two reasons for this fascination: One is a practical view of scalability. Creating a machine that can create more machines leverages technology to it's maximum capacity:With no humans in the loop, production is limited only by availability of material, power, and time. The second reason for fascination with this topic may be rooted in a deeper psychological need - one that some might call hubris - our need to create. The natural distinguishes itself from the artificial in that natural creatures can make more creatures but machines cannot. At its core, self-reproduction is the ultimate hallmark of biology. If you can create a machine that can make other machines, you will have attained a new level of creation.
Fabricated: 3D Print Everything from Body Parts to Bicycles... to Dinner - Hod Lipson,Melba Kurman

Fabricated: The New World of 3D Printing p. 280

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quote 2013-06-20 09:49
What will happen in the future, when intelligent computers learn to bridge the gap between what humans need and what multi-material printers can make? The result will be next-generation design software, or what I like to call a "matter compiler."
Fabricated: 3D Print Everything from Body Parts to Bicycles... to Dinner - Hod Lipson,Melba Kurman

Fabricated: The New World of 3D Printing p. 248

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quote 2013-06-20 09:40
It's in the nature of patents that they give a monopoly to whoever holds them for 20 years. James Watt patented various vital aspects of the steam engine. Yet, you look at steam engine development and nothing happened for 20 years during the life of the Watt's patent. When that patent lapsed, there was a great flaring of steam engine innovation and then the industrial evolution. ~ Adrian Bowyer (RapRap)
Fabricated: 3D Print Everything from Body Parts to Bicycles... to Dinner - Hod Lipson,Melba Kurman

Fabricated: The New World of 3D Printing, p. 231

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