The 3D Printed Wearables Market is valued at USD 3.96 billion in 2022, and it is estimated to increase at a CAGR of 9.7% from 2022 to 2028, reaching USD 8.30 billion by 2030.
The medical gadget and other things are manufactured layer by layer using 3D printing technology. The market is expected to develop due to manufacturers' increased focus on 3D-printed wearable items. Because 3D printed wearables are projected to solve the disadvantages of traditional devices, sales of 3D printed wearables are likely to increase quickly.
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Manufacturers' increasing emphasis on 3D printed wearable items is expected to propel the market's growth. Established 3D printed wearables have been predicted to overcome the disadvantages of traditional products in recent years, and 3D printed wearables sales are expected to rise in the near future.
The rising desire for interestingly designed things is the key factor driving the market for 3D printed wearables. Organizations can use 3D printing to create a gadget that meets the needs of their customers. Other factors propelling the market for 3D printed wearables are the general public and customer innovation organizations increased attention to health.
Key Drivers:
Several manufacturers have been able to build a wide range of devices,
These gadgets have shown to be significantly more efficient and accomplish tasks than traditional equipment.
Over the next ten years, this is to be a primary element driving revenue growth in the global 3D printed wearables market.
Restraints:
Industry participants are focusing on supplying personalized items as demand for specially created or customised products grows.
Consumers and industry players have shown an increased interest in wearable healthcare technologies in recent years.
These variables are also predicted to have a significant impact on the worldwide industry's future market growth prospects.
Challenges:
Due to enforced lockdowns and imposed limits by separate regulatory bodies in the wake of the recent COVID-19 outbreak numerous industries' operations have either been temporarily halted
The global market for 3D printed wearables is no exception.
This issue could slow down the global 3D printed wearables market's revenue growth
Opportunity:
the 3D printing business is still in its infancy
the lower costs connected with this way of producing healthcare devices.
compared to traditional methods is a feature that is predicted to offer significant future revenue development opportunities.
The impact of the COVID-19 pandemic on the revenue of industry leaders, followers, and disruptions is examined in this paper. Because lockdown was implemented differently in different locations and countries, the impact varies by region and segment. The present short-term and long-term impact on the market has been covered in the research, which will assist decision-makers in developing short-term and long-term strategies for enterprises by region.
By Product Type
Prosthetics
Orthopedic Implants
Surgical Instruments
Smart Watches
Fitness Trackers
By End-user
Hospital
Pharma and Biotech companies
Academic Institutes
Others
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In terms of product type, the prosthetics category accounted for the largest proportion of revenue in the worldwide 3D printed wearables market in 2022, and this trend is likely to continue throughout the forecast period. This is due to the rising demand for prosthetic implants, particularly in developing nations, as well as an increase in the global prevalence of chronic diseases.
In terms of end-user, the academic institute's segment accounted for the largest revenue share of the worldwide 3D printed wearables market in 2022 and is expected to rise rapidly in the coming years. This might be ascribed to significant industry players boosting their investments in R&D efforts as a result of ever-growing patient pools around the world.
In 2021, North America hold the greatest revenue share of the global 3D printed wearables market, and this trend is likely to continue for the rest of the forecast period.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Key Players are Arcam AB, Cyfuse Biomedical, Koninklijke Philips N.V., Zephyr Technology Corporation, Omron Corporation, Everist Health, LifeWatch AG, nano3Dprint and Other Players.
| Report Attributes | Details |
|
Market Size in 2022 |
US$ 3.96 Bn |
|
Market Size by 2030 |
US$ 8.30 Bn |
|
CAGR |
CAGR of 9.7 % From 2023 to 2030 |
|
Base Year |
2022 |
|
Forecast Period |
2023-2030 |
|
Historical Data |
2020-2021 |
|
Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
|
Key Segments |
• By Product Type (Prosthetics, Orthopedic Implants, Surgical Instruments, Smart Watches, Fitness Trackers) |
|
Regional Analysis/Coverage |
North America (USA, Canada, Mexico), Europe |
|
Company Profiles |
Arcam AB, Cyfuse Biomedical, Koninklijke Philips N.V., Zephyr Technology Corporation, Omron Corporation, Everist Health, LifeWatch AG, nano3Dprint |
|
Key Drivers |
• Several manufacturers have been able to build a wide range of devices |
|
Opportunities |
• the 3D printing business is still in its infancy |
North America had the greatest revenue share of the worldwide 3D printed wearables market.
The challenges faced by the 3D Printed Wearables Market are Due to enforced lockdowns and imposed limits by separate regulatory bodies is the wake of the recent COVID-19 outbreak numerous industries' operations have either been temporarily halted.
The market is divided into two segments and the segments are by product type and by End-user
key drivers of the 3D Printed Wearables Market are Several manufacturers that have been able to build a wide range of devices, these gadgets have shown to be significantly more efficient and accomplish tasks than traditional equipment.
The 3D Printed Wearables Market is expected to reach $8.30 billion by 2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global 3D Printed Wearables Market Segmentation, by Product Type Outlook
8.1 Prosthetics
8.2 Orthopedic Implants
8.3 Surgical Instruments
8.4 Smart Watches
8.5 Fitness Trackers
9. Global 3D Printed Wearables Market Segmentation, by End-user Outlook
9.1 Hospital
9.2 Pharma and Biotech companies
9.3 Academic Institutes
9.4 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profiles
11.1 Arcam AB
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Cyfuse Biomedical
11.3 Koninklijke Philips N.V.
11.4 Zephyr Technology Corporation
11.5 Omron Corporation
11.6 Everist Health
11.7 LifeWatch AG
11.8 nano3Dprint
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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