Personalized Surgical Opportunities

The personal surgery segment is expected to generate an aggregated total of revenue generation of nearly $10B from 2018 to 2027, primarily through the enabling of specialized medical 3D printing service providers focusing on outsourced production and clinical engineering services supported by 3D printing technology

Revenues for Additive Manufacturing in Oil and Gas

SmarTech predicts that the oil and gas sector will generate $2 billion (USD) in additive manufacturing revenues by 2027.

The overall market for AM adoption in the Oil & Gas sector is expected to grow at 40% CAGR throughout the 11 year forecast period between 2016 and 2027. Growth rates are higher in the first part of the forecast and they slowdown in the second half of the forecast period, as the segment consolidates and yet continues to explore a very significant potential.

Overall SmarTech Publishing expects 3D printing hardware and 3D printing services to represent the most significant revenue opportunities, with AM software (not including CAD) only representing a minor revenue opportunity at this time.

Materials sales also represent a smaller opportunity than services at this time as the intrinsic value of finished 3D printed parts indicates that the technology will continue to be used – for the foreseeable future – for relatively small batches or small size high value parts.

SmarTech Publishing expects that the oil & gas sector will resort primarily to outsourcing for AM part production rather than internal production – at least for the duration of the period analyzed in this report.

Forecast for Additive Manufacturing Automation

SmarTech expects the market for automation in AM to represent a very significant revenue opportunity, growing to $11.2 billion by the end of the forecast period at an overall 35.98% CAGR from the 2017 level ($518 million).

Over the past two years, as 3D printing began to shift from a process used for prototyping and small batch technology to a large batch and mass customization production technology, all major industrial 3D printer OEM’s have begun to pay closer attention to integrating their systems within automated production lines.

The overall market opportunity for automated polymer AM hardware is expected to reach $3.172 billion by 2027 with 45.62% CAGR from 2017, driven by PBF and planar technologies. The overall revenue opportunity for automated metal AM hardware is comparable, with yearly sales expected to top $3 billion by 2027, growing at 32.42% CAGR from the current 2017 levels.

Companies will, in the future, be concentrating on the collaboration of human and machine, simplified applications, and light-weight robots. Added to this are the two-armed robots, mobile solutions and the integration of robots into existing environments. There will be an increased focus on modular robots and robotic systems, which can be marketed at extremely attractive prices.

Smartech Publishing is estimating the overall value of software for metal AM automation forecasting the overall segment to grow to $353 million in yearly revenues by 2027, growing at 25% CAGR from the current 2017 levels. The revenue opportunity for software in polymer AM automation is also expected to represent a very significant and highly profitable opportunity, totaling $172 million in yearly sales by the end of the forecast period, after growing at 29,5% CAGR between 2017 and 2027.

Projected 3D Printing Penetration by Devices in Orthotic and Prosthetics Markets

SmarTech Says 3D Printing Technologies to Significantly Disrupt Business Models and Process Chains in Orthotics and Prosthetics Market, Impact 35 Percent of All Medical Devices by 2027

The latest medical 3D printing industry report from SmarTech Publishing –the leading provider of industry analysis and market research services to the 3D printing/additive manufacturing market –projects a disruptive impact for a number of key 3D printing technologies and applications within the multi-billion dollar orthotics and prosthetics (O&P) market over the coming decade. Early research and applications have demonstrated a unique ability for 3D printing to completely revolutionize business models and access to custom and functional prosthetic and orthotic medical devices. Further adoption of 3DP in O&P markets from today’s early innovators is projected to eventually impact an estimated 35 percent of all devices produced, while generating hundreds of millions of dollars in economic impact and revenue opportunities for 3D printing solutions.