Global 3D Printed Wearables Market By Product Type (Prosthetics, Fitness Trackers, Orthopedic Implants, Smart Watches and Surgical Instruments), By End User (Academic Institutes, Pharma & Biotech companies, Hospital and Other End Users), By Region, Industry Analysis and Forecast, 2020 - 2026
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the 3D Printed Wearables Market
Market Report Description
The Global 3D Printed Wearables Market size is expected to reach $5.1 billion by 2026, rising at a market growth of 10.9% CAGR during the forecast period. 3D printing innovation includes the manufacturing of medical tools and different items layer by layers. The growing emphasis of manufacturers on 3D printed wearable items is assessed to fuel the development of this market. In recent years, established 3D printed wearables are foreseen to beat the shortcomings of the traditional items, 3D printed wearables sales are anticipated to rise in the near future.
3D Printed Wearables Market Size, By Product Type, 2020-2026
The main component driving the market for 3D printed wearables is the expanding demand for interestingly designed items. With the assistance of 3D printing, organizations can design a device according to clients' prerequisites. The other elements driving the market for 3D printed wearables are expanding focus on health by both the general population and customer innovation organizations. For example, with the assistance of 3D printing innovation, the sports manufacturers need to create shoe soles that increment diabetics' sensory perception. With the assistance of these shoes, diabetic patients can walk all the more easily and these shoes can likewise be custom designed for every patient.
3D Printed Wearables Market Share, By End-User, 2019
Currently, there is more pressure on makers of medical tools and pharmaceuticals organizations by both the government and clients to be environmentally and socially conscious. Subsequently with the assistance of 3D printing transportation cost is drastically diminished. Although the market is as yet a niche market, it is foreseen to grow in the next few years.
The 3D printed medical devices can gather information including steps counts an individual has walked in a day and the pulse rate. The research within the innovation is currently extensive on sensors and adaptable materials and their capacity to be both bendy and pliable. These properties are ideal for wearables especially in items, for example, small discrete sensors and smartwatches.
|Market size value in 2019||USD 2.8 Billion|
|Market size forecast in 2026||USD 5.1 Billion|
|Historical Period||2016 to 2018|
|Forecast Period||2020 to 2026|
|Revenue Growth Rate||CAGR of 10.9% from 2020 to 2026|
|Number of Pages||179|
|Number of Tables||290|
|Report coverage||Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling|
|Segments covered||Product Type, End User, Region|
|Country scope||US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria|
Based on Product Type, the market is segmented into Prosthetics, Fitness Trackers, Orthopedic Implants, Smart Watches and Surgical Instruments. Based on End User, the market is segmented into Academic Institutes, Pharma & Biotech companies, Hospital and Other End Users. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global 3D Printed Wearables Market to reach a market size of $5.1 Billion by 2026
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., Koninklijke Philips N.V., Medtronic PLC, Omron Corporation, Nike, Inc., Under Armour, Inc., 3D Systems Corporation, BioTelemetry, Inc., Cyfuse Biomedical K.K., and Everist Health, Inc.
Recent Strategies Deployed in 3D Printed Wearables Market
- Oct-2020: Medtronic launched Adaptix interbody system with Titan nanoLOCK surface technology. The system is a proprietary blend of surface textures on the macro, micro, and nano levels. This system addresses the universal needs of fusion outcomes for surgeons while offering science-backed nano-surface technology and navigation efficiency within a trusted design with enhanced features.
- Jul-2020: Medtronic announced the acquisition of France-based Medicrea, a company specializing in the production of patient-specific spinal implants using artificial intelligence and predictive modeling. The acquisition better positioned Medtronic's customers' state-of-the-art spinal surgery solutions, complementing its offering of spinal implants, robotics, and 3D imaging technology.
- Jun-2020: Arcam, a subsidiary of GE Additives collaborated with Rejoint, an Italian medical implant manufacturer. Following this collaboration, Rejoint is using GE Additive’s Electron Beam Melting (EBM) technology for additively manufacturing knee implants. Rejoint is using Arcam EBM Q10plus system with artificial intelligence (AI) for producing customized parts, such as tibial plates and femoral condyles, for replacement knee surgeries.
- Dec-2019: GE Healthcare partnered with Advanced Solutions Life Sciences (ASLS). The partnership was focused on enhancing the field of 3D biofabrication. Together with ASLS, GE Healthcare has been distributing the world’s first integrated 3D bioprinter + confocal scanner.
- Dec-2019: Omron Healthcare unveiled the Omron Wearable Blood Pressure Monitor, HCR-6900T Series (HeartGuide). It is a wristwatch-sized and blood pressure measurement on the wrist.
- May-2018: Medtronic introduced a titanium 3D printed platform, TiONIC(TM) Technology. This technology enables more complex designs and integrated surface technologies for spine surgery implants. TiONIC Technology is a 3D printed technique, which develops enhanced surface textures using a differentiated laser method.
- Nov-2017: Nike came into partnership with HP, the information technology company. The partnership was aimed to save Nike development and lab time while increasing its speed to market. The combination of Nike and HP is to make shoes on the fly for football players with either a custom shoe or orthidic.
- Nov-2017: Under Armour teamed up with EOS under Armour’s 3D footwear business. The collaboration was focused on the development of advanced laser sintering technology, and using EOS’ expertise in industrialized 3D production. Under Armour uses EOS' 3D technology for printing powder-based parts.
- Nov-2017: Philips signed an agreement with Stratasys, a manufacturer of 3D printers and 3D production systems. The companies were focused on advancing the impact and use of 3D printing in medical modeling. The agreement includes virtually seamless interfacing and dedicated workflows throughout Philips IntelliSpace Portal 10 and Stratasys Direct Manufacturing’s parts-on-demand service enabling a broader range of medical professionals to improve training, research, and surgical planning through 3D printing.
- Mar-2017: Under Armour released shoes with 3D-Printed Midsoles. These shoes feature a center-mounted quarter zipper, a compression system with a rear opening instead of laces and, 3D-printed midsoles. These TPU insoles are 3D-printed using selective laser sintering.
Scope of the 3D Printed Wearables Market Analysis
By Product Type
- Fitness Trackers
- Orthopedic Implants
- Smart Watches and
- Surgical Instruments
- Academic Institutes
- Pharma & Biotech companies
- Hospital and
- Other End Users
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
- General Electric (GE) Co.
- Koninklijke Philips N.V.
- Medtronic PLC
- Omron Corporation
- Nike, Inc.
- Under Armour, Inc.
- 3D Systems Corporation
- BioTelemetry, Inc.
- Cyfuse Biomedical K.K.
- Everist Health, Inc.
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
3D Printed Wearables Market Related Reports:
How valuable the 3D printed wearables market be in the future?
The global 3D printed wearables market size is expected to reach $5.1 billion by 2026.
Which segment shows high revenue share of the 3D printed wearables market in 2019?
The academic institutes represented the biggest share of revenue in 2019.
What are the key factors that drive 3D printed wearables industry?
There are several reason that cause high demand of this market one of them is increased adoption of 3D printing technology by the fashion industry boosts the growth of market.
Who are the top market players in the 3D printed wearables industry?
General Electric (GE) Co., Koninklijke Philips N.V., Medtronic PLC, Omron Corporation, Nike, Inc., Under Armour, Inc., 3D Systems Corporation, BioTelemetry, Inc., Cyfuse Biomedical K.K., and Everist Health, Inc.
Which region led the 3D printed wearables market in 2019?
The market of 3D printed wearables is dominated by North America and represented the biggest revenue share in 2019.