According to a new market research report published by sheer analytics and insights, “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, as per the latest market research report titled Global, 3D Printed Wearables Market - industry analysis, size, share, growth, trends, and forecast, 2021-2031.
Additive manufacturing, like 3D printing wearable, transfers the digital models into real-life objects by using the layering technique. The technology was rapidly used for creating prototypes in the 1980s but has gradually evolved into the next-generation technology to produce or manufacture both spare parts and even finished products. Apart from that, a wide range of materials can be used in 3D printing like metals, metal alloys, thermoplastics, or ceramics. 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 rising emphasis of manufactures on 3D printed wearable products boosts the growth of the 3D printed wearable market.
However, in this current pandemic of COVID-19, the 3D Printed Wearables market was affected much. It changes the growth rate graph slightly in the 3D Printed Wearables market. But it has been expected that after the pandemic situation, the global 3D Printed Wearables market will reach a high position in the graph. Apart from that, the rising of the wearable printed sector across the world is anticipated to offer a massive opportunity for market growth in the next forecast period of 2021 to 2031.
Geographically, The 3D Printed Wearables Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.
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