From Yahoo Finance: CHARLOTTESVILLE, VA–(Marketwired – January 17, 2017) – This new 150-page report “Additive Manufacturing: Review of Opportunities in Key Industries 2017” from SmarTech Publishing analyses and forecasts the main business opportunities in the 3D printing space. Sectors of the 3D printing industry that are covered include aerospace, automotive, medical, dental, oil and gas, and jewelry.
More details of this report can be found at: https://www.smartechpublishing.com/reports/additive-manufacturing-review-of-opportunities-in-key-industries-2017
About the Report:
For those stakeholders with a broad interest in the future of 3D printing/additive manufacturing (3DP/AM), this report provides guidance on (1) adoption trends in six key segments of the 3DP/AM industry and (2) a wealth of 3DP/AM forecast data for each of those segments. The 3DP/AM market segments covered are: aerospace, automotive, medical, dental, jewelry and oil & gas.
The data in this report is taken from SmarTech Publishing’s industry-leading industry analysis reports and its proprietary 3DP/AM market forecasting models. For each of the industry forecasts covered, analysis and forecasts are provided for 3D printing technologies, materials, printing services, software. Printer shipments forecasts are also included.
SmarTech Publishing believes that this report will help executive at printer OEMs, materials suppliers, service bureaus and investment firms form an accurate and detailed assessment of critical market trends.
Highlights from the Report:
- Stratasys and 3D Systems continued to see decline in printer revenues in 2016. By contrast, a multitude of relatively new or somewhat niche vendors saw fairly strong growth, leading to a marginally depressed hardware market overall compared to historical norms. In 2017, the overall hardware market will begin its path to rebounding as next-generation systems better tailored to manufacturing use will become more widely commercially available and provide a more clear path towards realizing the value of AM.
- The largest single sector of the 3D/AM business will be medicine that will account for $9.4 of total market value across various segments (including orthopedics, prosthetics, personalized surgery, orthotics, and more) by 2022. Although currently mostly confined to hospitals, it seems that medical professionals in their offices are already able to justify the use of an in-house 3D printer for medical assistance parts such as medical models and certain custom surgical tools or products, and even prosthetics. Meanwhile 3D printing has also created entirely new solutions that could not exist with previous technologies. While some of the players in this space are quite small, others are market leaders.