A new study has been added to ResearchAndMarkets.com’s collection titled “3D Printed Wearables Market Size, Share & Trends Analysis Report by Product Type (Prosthetics, Orthopedic Implants), by End-user (Hospital, Pharma & Biotech Companies), by Region, and Segment Forecasts, 2022-2030.”

This analysis predicts that the market for 3D-printed wearables would grow to USD 6.7 billion by 2030. It is anticipated to grow by 8.0% CAGR between 2022 and 2030. The healthcare sector has seen rapid uptake of wearable 3D printed technology. Over the course of the forecast period, the market is anticipated to experience significant expansion as a result of many technical advancements in the industry.

The need for 3D printing is increasing as a result of technology developments such product customisation to meet client needs and inexpensive 3D printed goods. Due to the rising demand in the healthcare sector, various firms have also engaged in the research and development of 3D printed wearables. Many businesses, like Boeing, have invested in 3D printing to gain a competitive edge and lower the entire cost of producing an aircraft. It offers the chance to extend a product’s life cycle with the use of cutting-edge technologies.

Source: Prnewswire