Report : Europe 3D Printing Polymer Material Market for Medical Application Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material [Polyether Ether Ketone (PEEK), Polymethylmethacrylate (PMMA), Polylactic Acid (PLA), and Others] and Application (Dental and Hearing Aids)
Dental Segment to Dominate Europe 3D Printing Polymer Material Market for Medical Application during 2021–2028
According to a new market research study on “Europe 3D Printing Polymer Material Market for Medical Application to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material and Application” is expected to reach US$ 611.02 million by 2028 from US$ 263.10 million in 2021. The market is estimated to grow at a CAGR of 12.8% from 2021 to 2028. The report provides trends prevailing in the Europe 3D printing polymer material market for medical application along with the drivers and restraints pertaining to the market growth. Surging demand for 3d printed hearing aids is the major factor driving the growth of the Europe 3D printing polymer material market for medical application market. However, issues associated with the presence of substitute products hinder the growth of Europe 3D printing polymer material market for medical application.
The Europe 3D printing polymer material market for medical application is segmented based on material, application, and country. Based on the material, the market is segmented into polyether ether ketone (PEEK), polymethylmethacrylate (PMMA), polylactic acid (PLA), and other material. The polyether ether ketone (PEEK) segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Whereas by application, the market is broadly divided into dental and hearing aids. The dental segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on country, the Europe 3D printing polymer material market for medical application is classified into the Germany, France, Italy, UK, Russia, and Rest of Europe.
Arkema; BASF SE; Bionic Production GmbH; Evonik Industries AG; Formlabs; Henkel AG & COMPANY, KGAA; Orion Additive Manufacturing GmbH; Roboze; Solvay S.A.; and Stratasys Ltd. are among the leading companies in the Europe 3D printing polymer material market for medical application. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2022, Roboze announced new PEEK matrix composite: Helios ™ PEEK 2005. It is a high temperature composite material reinforced with chopped fibers of ceramic.
Europe 3D Printing Polymer Material Market for Medical Application, By Country, 2020 and 2028 (%)
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