As per current published report by Markntel Advisors the Metal 3D Printing Market is estimated to grow at a CAGR of around 31.3% during the forecast period, i.e., 2024-30. A detailed discussion of industry behavior is presented. It will assist companies and other stakeholders in making decisions that assure strong earnings in the upcoming years, and also describes the future trend. In order to assist readers in making defensible choices on market projects, this research will offer a useful summary of the market and its dynamic environment. The growth prospects that will enable the market to extend its operations in current markets will be the main focus of this analysis.

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Global Metal 3D Printing Market Driver:

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.

The Metal 3D Printing Market has segmented the market into the following categories:

By Type

(Hardware, Services, Software),

By Material

(Titanium, Aluminum, Stainless Steels, Nickel Alloys, Cobalt Alloys, Others),

By Application

(Prototyping, Tooling, Functional Parts Production, Customized Component, Spare Parts Manufacturing, Others),

By End User

(Aerospace and Defense, Automotive, Healthcare, Consumer Goods, Industrial Machinery)

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By Region

- North America

- South America

- Europe

- The Middle East and Africa

- Asia-Pacific

Competitive Environment Featuring Key Players:

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

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-The present and projected market outlook in light of recent changes, which include growth prospects and drivers as well as obstacles and constraints in both developed and emerging regions

-Using Porter's Five Forces approach, provides a thorough examination of the market from a variety of angles.

-Uses the value chain to offer market intelligence.

-The state of the market dynamics and potential for future market expansion

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