Additive Manufacturing Market is expected to rise from its initial estimated value of USD 3.99 billion in 2018 to an estimated value of USD 11.56 billion by 2026 registering a CAGR of 14.20% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising occurrence of structural heart diseases and technological developments in the industry.
Key Market Competitors: Global Additive Manufacturing Market
Few of the major market competitors currently working in the additive manufacturing market are 3D Systems, Inc., 3T Ltd., Biomedical Modeling Inc., ENVISIONTEC, INC., EOS Systems Inc., Integer Holdings Corporation, GPI Prototype and Manufacturing Services, LLC., Surgival, SLM Solutions, Xilloc Medical B.V., Dentsply Sirona, Renishaw plc., Stratasys Ltd., Morris Technology, Materialise, Limacorporate S.p.a., ExOne among others.
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Additive manufacturing is also called as 3D (three dimensional) printing, and it is utilized for the creation of 3D objects. The 3-D object is created using computer, to create the object, additive processes are used. The 3D objects can be modified as per the industry requirement. The numerous industries which include 3-D object are healthcare, automotive, education, government, research, defense, aerospace, consumer products and industrial.
Competitive Analysis: Global Additive Manufacturing Market
The global additive manufacturing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of additive manufacturing market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Market Segmentation: Global Additive Manufacturing Market
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