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1 GLOBAL ADDITIVE MANUFACTURING MARKET By Application [Medical Devices, Automotives, & Aerospace] & Technology [3D Printing, Laser Sintering, Stereolithography, Fused Deposition Modeling, Electron Beam Melting, & Tissue Engineering] MarketsandMarkets
2 MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. Copyright 2012 MarketsandMarkets All Rights Reserved. This document contains highly confidential information and is the sole property of MarketsandMarkets. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of MarketsandMarkets. MarketsandMarkets Sample Page 2
3 1 EXECUTIVE SUMMARY TABLE 1 GLOBAL ADDITIVE MANUFACTURING DEVICES MARKET REVENUE, BY INDUSTRY TYPE, ($MILLION) Industry type CAGR% ( ) Motor Vehicles XX XX XX XX XX Consumer Products XX XX XX XX XX Business Machines XX XX XX XX XX Medical Industry XX XX XX XX XX Academics XX XX XX XX XX Aerospace XX XX XX XX XX Government/Military XX XX XX XX XX Others XX XX XX XX XX Total XX XX XX XX XX Source: Press Releases, Expert Interviews, MnM Analysis The global additive manufacturing devices market is estimated to be $XX million in 2012 and is expected to $XX million by 2017, growing at a CAGR of from 2012 to Materials used for additive manufacturing of 3D parts mainly consists homogeneous and heterogeneous materials. Globally, homogeneous materials segment commands the largest share of both the total AM materials market and AM materials for medical devices market in Homogeneous materials are classified into metals, polymers, natural materials and ceramics. Metals are the most widely used raw materials in additive manufacturing of medical MarketsandMarkets Sample Page 3
4 devices that commanded the global share of and poised to grow at a CAGR of to the market size of $XX million by TABLE 2 GLOBAL ADDITIVE MANUFACTURING FOR MEDICAL DEVICES MARKET REVENUE, BY PRODUCTS, ($MILLION) Product CAGR% ( ) Surgical Equipment XX XX XX XX XX Prosthetics and Implants XX XX XX XX XX Tissue Engineering XX XX XX XX XX Total XX XX XX XX XX Source: Press Releases, Expert Interviews, MnM Analysis Surgical equipment commands the largest share of of the global additive manufacturing for medical devices market in 2012 at $XX million; and is expected to grow at a CAGR of to reach $XX million by Additive manufacturing has an increased usage in the medical industry in making the surgical equipment, implants and concept models used in different studies. According to Stephen Rouse, an independent consultant at Walter Reed Army Medical Center, U.S., the competitive edge of the products manufactured through additive manufacturing over the traditionally manufactured products has many valid benefits and, the reimbursement schedules and regularizations will be the major factors that will affect the market going ahead. On a global level, Europe accounts for the largest market share of with respect to the 3D printers manufactured, favored by the huge investments and regularization policies. While North America accounts for the second largest with of the total market share due to the FDA and other regulatory affairs that are hampering the market; however the future market is MarketsandMarkets Sample Page 4
5 estimated to be a bit favorable due to the supporting policies by the government. Asia and ROW account for and, respectively. MarketsandMarkets Sample Page 5
6 2 MARKET OVERVIEW 2.1 ADDITIVE MANUFACTURING END PRODUCTS MARKET IN MEDICAL SEGMENT, BY PLAYERS Materialise dominates the global AM end-products market (implants and prosthetics) in medical segment through additive manufacturing. It accounts for market share in 2012, followed by objet with share. Materialise is engaged in various sub-segments of medical industry namely, orthopedic, dental and cranio-maxillofacial. The company intends to drive innovations in technologies and applications within the additive manufacturing industry Materialise believes in new product innovations and collaborations with other players, for instance, in January 2012, Materialise signed an agreement with Medartis (Switzerland) to gain a strong base in the orthopedic market. FIGURE 1 ADDITIVE MANUFACTURING END PRODUCTS MARKET IN MEDICAL SEGMENT, BY PLAYERS, 2012 XX XX XX XX XX Others Source: Expert Interviews, MnM Analysis MarketsandMarkets Sample Page 6
7 3 GLOBAL ADDITIVE MANUFACTURING FOR MEDICAL DEVICES MARKET, BY TECHNOLOGY 3.1 INTRODUCTION TABLE 3 GLOBAL ADDITIVE MANUFACTURING FOR MEDICAL DEVICES MARKET REVENUE, BY TECHNOLOGY, ($MILLION) Technology CAGR% ( ) Electron Beam Melting (EBM) XX XX XX XX XX Laser Beam Melting (EBM) XX XX XX XX XX Photopolymerization XX XX XX XX XX Droplet Deposition (DD) or Extrusion-based technologies Three Dimensional Printing (3DP) or Adhesion Bonding XX XX XX XX XX XX XX XX XX XX Total XX XX XX XX XX Source: Press Releases, Expert Interviews, MnM Analysis Laser beam melting commands the largest share of of the global additive manufacturing for medical devices market in 2012 at $XX million, and is expected to grow at a CAGR of to reach $XX million by This share is contributed to the vast area of their application in AM and rapid product development with high accuracy and strength. MarketsandMarkets Sample Page 7
8 4 GLOBAL ADDITIVE MANUFACTURING FOR MEDICAL DEVICES MARKET, BY APPLICATION 4.1 INTRODUCTION TABLE 4 ADDITIVE MANUFACTURING FOR MEDICAL DEVICES MARKET REVENUE, BY GEOGRAPHY, ($MILLION) Region CAGR% ( ) North America XX XX XX XX XX Europe XX XX XX XX XX Asia XX XX XX XX XX RoW XX XX XX XX XX Total XX XX XX XX XX Source: Press Releases, Expert Interviews, MnM Analysis Europe commands the largest share of of the global additive manufacturing for medical devices market in 2012 at $XX million; and is expected to grow at a CAGR of to reach $XX million by Additive manufacturing or 3D printing technologies are used in various applications like orthopedic, dental, and cranio-maxillofacial in the field of medicine. These technologies are used in making various devices related to these application areas, for instance, prosthetics and implants, surgical equipment etc. The major drivers that are affecting the market are new and improved technologies, financial support from the governments and rapid product development at low cost. Though there are MarketsandMarkets Sample Page 8
9 positive factors that are enhancing the market, however, a few barriers that are hampering the market are regulatory hurdles in various countries, process control and material characterization. FIGURE 2 ADDITIVE MANUFACTURING FOR MEDICAL DEVICES MARKET, BY APPLICATION, 2012 & 2017 XX 300 XX 250 Market Size XX 200 XX 150 XX 100 XX50 0 Orthopedic XX Dental XX Cranio-Maxillofacial XX Bio-Engineering XX Source: MnM Analysis The global additive manufacturing medical device market is estimated to $XX million in 2012, and is poised to grow at a healthy CAGR of from 2012 to The major opportunities that were found are rising of the global market, participation of small firms, positive growth by mergers and acquisitions and emerging research and development. MarketsandMarkets Sample Page 9
10 Disclaimer: MarketsandMarkets strategic analysis services are limited publications containing valuable market information provided to a select group of customers in response to orders. Our customers acknowledge when ordering that MarketsandMarkets strategic analysis services are for our customers internal use and not for general publication or disclosure to third parties. Quantitative market information is based primarily on interviews and therefore, is subject to fluctuation. MarketsandMarkets takes no responsibility for any incorrect information supplied to us by manufacturers or users. No part of this strategic analysis service may be given, lent, resold or disclosed to non-customers without written permission. Reproduction and/or transmission in any form and by any means including photocopying, mechanical, electronic, recording or otherwise, without the permission of the publisher is prohibited. For information regarding permission, contact: Tel: sales@marketsandmarkets.com MarketsandMarkets Sample Page 10
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