The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Metal 3D Printing Market (2024-2030):

According to the latest report, the Metal 3D Printing Market size is estimated to grow at a CAGR of around 31.3% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Metal 3D Printing Market.

Key Takeaways: Beneficial for Stakeholders and Clients

• Historic Period: 2019-2022
• Base year: 2023
• Forecast Years: 2024-2030
• CAGR (2024-30): 31.3%

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What are the major Driver the Metal 3D Printing industry?

Expanding Usage of the 3D Printing in Healthcare Sector to Uplift Market Growth – In the past few years, there has been a surge in non-invasive & minimally invasive surgeries due to the deteriorating health of individuals across the globe. Individuals undergoing surgeries, such as Cardiovascular, Orthopaedic, Cometic surgeries, etc., nowadays prefer implants that are based on their health condition & body weight, and height. Therefore, healthcare professionals highly recommend that individuals choose 3D-printed implants. These 3D-printed implants are based on the patient’s body vitals, thereby giving better results than the conventional implants. Hence, both medical practitioners & patients are increasingly seeking to use 3D-printed implants to improve their overall health, uplifting the Global Metal 3D Printing Market.

Additionally, to cater to this growing demand, the major players in the market are launching different implants based on patient-specific requirements. For instance,

• In 2023, Wedo Bio-Medical Technology Co., Ltd., one of the leading Chinese medical firms launched a new 3D-printed implant to help patients seeking an alternative from traditional implants.

The increasing launches of disease-specific metal-based 3D printed implants would continue to gain attention of the healthcare professionals & patients, amplifying market growth.

Further, the individuals in regions, like Europe, North America, Asia-Pacific, etc., are nowadays following an unhealthy lifestyle that includes higher consumption of alcohol & packaged food. As a result, the number of patients suffering from cardiovascular diseases and other lifestyle disorders would continue to increase. This would result in a higher demand for tailored 3D printed implants, augmenting the Global Metal 3D Printing Market in the forthcoming years.

Global Metal 3D Printing Market Segmentation

The Metal 3D Printing Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• By Type
• Hardware
• Metal 3D Printers- Market Size & Forecast 2019-2030, (USD Million)
• Material Handling Systems - Market Size & Forecast 2019-2030, (USD Million)
• Post-Processing Equipment- Market Size & Forecast 2019-2030, (USD Million)
• Metal Powders- Market Size & Forecast 2019-2030, (USD Million)
• Services - Market Size & Forecast 2019-2030, (USD Million)
• Prototyping- Market Size & Forecast 2019-2030, (USD Million)
• Production Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
• Consulting and Design Services- Market Size & Forecast 2019-2030, (USD Million)
• Software
• Design Software- Market Size & Forecast 2019-2030, (USD Million)
• Simulation and Analysis Tools- Market Size & Forecast 2019-2030, (USD Million)
• Workflow and Production Management Software- Market Size & Forecast 2019-2030, (USD Million)
• By Material
• Titanium- Market Size & Forecast 2019-2030, (USD Million)
• Aluminum- Market Size & Forecast 2019-2030, (USD Million)
• Stainless Steels- Market Size & Forecast 2019-2030, (USD Million)
• Nickel Alloys- Market Size & Forecast 2019-2030, (USD Million)
• Cobalt Alloys- Market Size & Forecast 2019-2030, (USD Million)
• Others (Too Steel, Refractory Metals, etc.) - Market Size & Forecast 2019-2030, (USD Million)
• By Application
• Prototyping - Market Size & Forecast 2019-2030, (USD Million)
• Tooling- Market Size & Forecast 2019-2030, (USD Million)
• Functional Parts Production- Market Size & Forecast 2019-2030, (USD Million)
• Customized Component- Market Size & Forecast 2019-2030, (USD Million)
• Spare Parts Manufacturing - Market Size & Forecast 2019-2030, (USD Million)
• Others (Architectural Components, Space Exploration, etc.) - Market Size & Forecast 2019-2030, (USD Million)
• By End User
• Aerospace and Defense- Market Size & Forecast 2019-2030, (USD Million)
• Automotive- Market Size & Forecast 2019-2030, (USD Million)
• Healthcare- Market Size & Forecast 2019-2030, (USD Million)
• Consumer Goods- Market Size & Forecast 2019-2030, (USD Million)
• Industrial Machinery- Market Size & Forecast 2019-2030, (USD Million)
• Others (Jewelry, Art & Design, etc.)-Market Size & Forecast 2019-2030, (USD Million)
• By Region
• North America
• South America
• Europe
• The Middle East and Africa
• Asia-Pacific

As per the regional aspect, the Metal 3D Printing Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/global-metal-3d-printing-market.html

Top Companies in the Global Metal 3D Printing Market

3DEO, Sandvik AB, BLT (Bright Laser Technologies), Renishaw plc., Markforged, Inc., SLM Solutions, Shanghai Hanbang United 3D Tech Co., Ltd., General Electric, 3D Systems Inc., Stratasys, BASF SE, AMLD3D Limited, Wipro, Enterprises Pvt. Ltd., Proto Labs, Inc., Hoganas AB, Others

Global Metal 3D Printing Industry Recent Development:

• In 2024: 3DEO partnered with IHI AEROSPACE Co., Ltd. (IA) to improve the adoption & implementation of AM technologies within its systems to support its critical mission.

• In 2023, Bright Laser Technologies (BLT) expanded its metal 3D printing portfolio with its new BLT-S400 3D printer and the Powder Circulation System.

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