Biocompatible 3D Printing Materials Market Outlook 2031
- The global biocompatible 3D printing materials market was valued at US$ 4.3 Bn in 2021
- It is estimated to rise at a CAGR of 18.4% from 2022 to 2031
- The global biocompatible 3D printing materials market is expected to reach US$ 19.7 Bn by the end of 2031
Analysts’ Viewpoint on Biocompatible 3D Printing Materials Market Scenario
Biocompatible 3D printing materials manufacturers are focusing on key applications, such as implants & prostheses, tissue engineering and prototyping, and surgical guides, owing to a surge in the demand for biocompatible 3D printing materials in the medical industry. Three-dimensional (3D) and four-dimensional (4D) printing is emerging as a trend for the fabrication of complex structures in the biocompatible 3D printing materials market. High precision and layer-by-layer addition of intelligent materials are paving the way for dynamic 3D structures for stakeholders and manufacturers. Moreover, manufacturers are also investing in the development of product quality to consolidate their position in the market.
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Biocompatible 3D Printing Materials Market Introduction
Biocompatible materials are used for 3D printing in various medical applications, including dental and orthopedic implants, drug delivery, hearing aids, tissue engineering scaffolds, and prosthesis.
Commonly employed biocompatible 3D printing materials include polymers, metals, ceramics, bio-inks, composites, and carbon compounds. Polymers are widely used biocompatible 3D printing materials.
3D printing facilitates the easy production of orthopedic implants, dental devices, surgical guides, anatomical models, medical tools, prosthesis, and custom enclosures. 3D printing is also used for the printing of organs, bone regeneration, and drug release.
Increase in Demand for 3D Printed Biocompatible Materials in Dental Appliances
The dental sector is evolving continuously toward the use of latest technological advances. Presently, computer-aided design and manufacturing (CAD/CAM), which includes additive manufacturing (AM) techniques, are often used for the digital workflow in dentistry. Such technologies are used for the design of dental arches and appliances through data recording with intraoral scanners.
The mechanical properties of biocompatible materials have to be taken into account to properly design dental devices with 3D printing technology. An inappropriate choice of material can lead to breakage or high deformation, causing poor performance of the manufactured device.
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Analysis of Key Players in Global Biocompatible 3D Printing Materials Market
The global biocompatible 3D printing materials market is highly consolidated, with a small number of large-scale vendors controlling majority of the share. Most companies are investing considerably in comprehensive research and development activities, primarily to create environment-friendly products. Expansion of product portfolios and mergers and acquisitions are prominent strategies adopted by key players. 3D Systems, Inc., Envisiontec, Inc., Renishaw plc, Evonik Industries AG, EOS GmbH, Concept Laser, Inc., and Stratasys Ltd. are the key entities operating in the market.
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