The Global 3D Printed Wearables Market was valued at $2.1 Billion in 2020. Growing at a high CAGR of more than 7.7% between 2021 and 2031, it is estimated to reach $4.9 Billion by 2031. However, the current pandemic of COVID-19 might make a slight difference in the growth rate in the present year. Additive manufacturing, like 3D printing wearable, transfers the digital models into real-life objects by using the layering technique. The global 3D printed wearable market includes every kind of wearable, including textiles, smartwatches, sports equipment, fitness trackers, etc. Increasing air pollution and a greater focus on environmental sustainability over the globe are expected to drive the market during the forecast period. The increasing emphasis of manufactures on 3D printed wearable products boosts the growth of the 3D printed wearable market. Now, moving forward, the robust demand for the global 3D Printed Wearables market in the 3D printed industry is further estimated to create new necessities and augment the market of growth over the forecast period of 2021-2031.
Global 3D Printed Wearables Segment Is Estimated to Witness Remarkable Growth
Source: SAI Research
The 3D Printed Wearables market is segmented as product type outlook and end-user. Based on Product type outlook, the global 3D Printed Wearables market has been divided into Prosthetics, Orthopedic Implants, Surgical Instruments, Smart Watches, and Fitness Trackers. Based on end-user, the global 3D Printed Wearables market has been bifurcated as hospitals, Pharma and Biotech companies, Academic Institutes, and Others.
By Region, North America is Holding the Major Market Share
The 3D Printed Wearables Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, Europe, and Africa region. In addition to this, North America has a significant share among those regions. Rapid technological advancements and increasing demand for 3D printed wearable devices are factors expected to propel the market. Rapid industrialization and growing environmental concerns are the factors in the development of the market. Increasing disposal incomes, favorable government rules and regulations, and other potential factors drive the market over the forecast period. Apart from that, the Asia Pacific and the Rest of the regions are expected to increase the growth rate in the upcoming forecast period of 2021 to 2031.
Major Players in the Global 3D Printed Wearables Market
The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include 3D Systems Corporation, EnvisionTEC, Stratasys Ltd., Arcam AB, CyfuseBiomedical, Koninklijke Philips N.V., Zephyr Technology Corporation, Omron Corporation, Everist Health, LifeWatch AG, Nike, Adidas, Under Armour, New Balance, and MakerBot, among others.
The Global 3D Printed Wearables Market Has Been Segmented into:
Global 3D Printed Wearables Market: By Product Type Outlook
Global 3D Printed Wearables Market: By End-User
Global 3D Printed Wearables Market: By Region
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