Overview and Scope
3D printed wearables refer to devices or accessories produced using additive manufacturing technology, commonly known as 3D printing, tailored to be worn on the body. They are designed to offer superior fit, enhanced functionality, and aesthetic appeal compared to traditionally manufactured counterparts.
Sizing and Forecast
The 3D printed wearables market size has grown strongly in recent years. It will grow from $3.76 billion in 2023 to $4.07 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to growth in demand for quality healthcare services, increased investment in the 3D printing industry, increased development of wearable robotics, increased adoption in the fashion industry, and increased use in sports performance.
The 3D printed wearables market size is expected to see strong growth in the next few years. It will grow to $5.68 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing demand for personalization, rising prevalence of chronic conditions, rising prevalence of diabetes, growing demand for eco-friendly products, and rising awareness of preventive healthcare. Major trends in the forecast period include biofabrication, miniaturization, technological advancements, smart wearables, and adoption of modular design.
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Segmentation & Regional Insights
The 3D printed wearables market covered in this report is segmented –
1) By Product Type: Orthopedic Implants, Prosthetics, Smart Watches, Surgical Instruments, Fitness Trackers
2) By Sales Channel: Online Retail, Offline Retail, Direct Sales, Healthcare Providers, Customization Platforms
3) By End-user: Pharma And Biotech Companies, Hospitals, Academic Institutes, Other End-users
North America was the largest region in the 3D printed wearables market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the 3D printed wearables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising prevalence of diabetes is expected to propel the growth of the 3D printed wearables market going forward. Diabetes is a chronic health condition defined by excessive blood glucose levels, which are generally caused by inadequate insulin synthesis or poor insulin usage. The rising prevalence of diabetes can be attributed to factors such as an aging population, genetic predispositions, and increased stress levels in modern society. 3D printed wearables in diabetes management are custom-designed devices that use 3D printing technology to monitor and manage blood glucose levels, deliver insulin, and offer real-time health data to diabetics. For instance, in July 2021, according to the International Diabetes Federation, the number of adults with diabetes was estimated to be 537 million in 2021, and this number is projected to rise to 783 million by 2045. Therefore, the rising prevalence of diabetes is driving the growth of the 3D-printed wearables market.
Key Industry Players
Major companies operating in the 3D printed wearables market are Nike Inc., Adidas America Inc., Koninklijke Philips N.V., OMRON Corporation, Under Armour Inc., New Balance Athletics Inc., Stratasys Ltd., EOS GmbH Electro Optical Systems, 3D Systems Corporation, Proto Labs Inc., Materialise NV, Desktop Metal Inc., Carbon Inc., Markforged Inc., Formlabs Inc., LifeWatch AG, Envisiontec Inc., Zortrax Sp. z o.o., EnvisionTEC Inc., Shapeways Inc., Cyfuse Biomedical K.K., Zephyr Technology Corporation, Everist Genomics Inc.
The 3d printed wearables market report table of contents includes:
1. Executive Summary
2. 3D Printed Wearables Market Characteristics
3. 3D Printed Wearables Market Trends And Strategies
4. 3D Printed Wearables Market – Macro Economic Scenario
5. Global 3D Printed Wearables Market Size and Growth
….
32. Global 3D Printed Wearables Market Competitive Benchmarking
33. Global 3D Printed Wearables Market Competitive Dashboard
34. Key Mergers And Acquisitions In The 3D Printed Wearables Market
35. 3D Printed Wearables Market Future Outlook and Potential Analysis
36. Appendix
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