Global 3D Printed Wearables Market Size 2024, Forecast To 2033
1 Jul, 2024
The 3D printed wearables market has experienced robust growth in recent years, increasing from $3.76 billion in 2023 to $4.07 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. This growth in the historic period is attributed to rising demand for quality healthcare services, expanded investment in the 3D printing sector, advancements in wearable robotics, adoption in fashion, and applications in sports performance. Looking ahead, the market is expected to continue its strong growth trajectory, reaching $5.68 billion by 2028 with a CAGR of 8.7%. Anticipated factors include increased demand for personalization, higher prevalence of chronic conditions like diabetes, growing interest in eco-friendly products, and heightened awareness of preventive healthcare. Key trends in the forecast period encompass biofabrication, miniaturization, technological advancements in smart wearables, and the adoption of modular design.
Global 3D Printed Wearables Market Key Driver
The rising prevalence of diabetes is anticipated to drive the growth of the 3D printed wearables market moving forward. Diabetes, characterized by elevated blood glucose levels, is increasingly prevalent due to factors like aging populations and genetic predispositions. 3D printed wearables in diabetes management utilize advanced technology to customize devices for monitoring blood glucose levels, delivering insulin, and providing real-time health data. For instance, the International Diabetes Federation reported 537 million adults with diabetes in 2021, projected to rise to 783 million by 2045. This trend underscores the expanding market for 3D-printed wearables tailored to diabetes management, aligning with market forecasts for 2023, 2024, and 2028.
Get A Free Sample Of The 3D Printed Wearables Market ReportGlobal 3D Printed Wearables Market Segments
The 3D printed wearables market covered in this report is segmented –
1) By Product Type: Orthopedic Implants, Prosthetics, Smart Watches, Surgical Instruments, Fitness Trackers
2) By Sales Channel: Online Retail, Offline Retail, Direct Sales, Healthcare Providers, Customization Platforms
3) By End-user: Pharma And Biotech Companies, Hospitals, Academic Institutes, Other End-users
By Geography:The regions covered in the 3D printed wearables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the 3D printed wearables market in 2023.
Major 3D Printed Wearables Industry Players
Nike Inc., Adidas Inc., Koninklijke Philips N.V., OMRON Corporation, Under Armour Inc., New Balance Athletics Inc., Stratasys Ltd., EOS GmbH Electro Optical Systems, 3D Systems Corporation, Proto Labs Inc., Materialise NV, Desktop Metal Inc., Carbon Inc., Markforged Inc., Formlabs Inc., LifeWatch AG, Envisiontec Inc., Zortrax Sp. z o.o., EnvisionTEC Inc., Shapeways Inc., Cyfuse Biomedical K.K., Zephyr Technology Corporation, Everist Genomics Inc.
Purchase The Global 3D Printed Wearables Market Report Directly And Get A Swift Delivery3D Printed Wearables Market Overview
Devices or accessories created through additive manufacturing technology, commonly known as 3D printing, and designed to be worn on the body are referred to as 3D printed wearables. These products aim to offer superior fit, enhanced functionality, and aesthetic appeal compared to traditionally manufactured counterparts.
3D Printed Wearables Global Market Report 2023 provides data on the global 3d printed wearables market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The 3d printed wearables market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.