Biocompatible 3D Printing Materials Market Size Worth $618.31 Million by 2023

  • Polymer segment represented more than 71% of the overall volume in 2018 owing to the design flexibility, easy availability, and durability of polymers.
  • Metal segment is likely to register a CAGR of more than 20% in terms of revenue from 2019 to 2023 on account of excellent sterilization and the ease of fabrication of metals to produce medical components.
  • The North-American biocompatible 3D printing materials market accounted for more than 46% of the overall revenue in 2018, owing to the significant investments in the medical industry, and the presence of medical device manufacturing bases in the US.
  • The biocompatible 3D printing materials market is moderately fragmented with a large number of players occupying the market share. In addition, the increase in strategic alliances is expected to impact the competitive landscape of this market.