4D printing market is anticipated to witness steady growth during 2021-2031. 4D printing technology is on the brink of commercialization and is anticipated to show major growth over the forecast period. The intensifying demand for innovation in several 3D printing applications happens to be one of the major factors driving the market growth.
4D printing is the procedure through which a 3D printed object converts itself into another structure under the effect of external stimuli such as light, temperature, or other environmental stimuli. Currently, 4D printed forms are only being used in laboratories and prototyping facilities, along with some art installations and architectural exhibitions.
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What is Driving Demand for 4D Printing?
The advancements in the 4D printing market are resulting in the development of innovative products and technologies in the medical, manufacturing, and defense sector. For instance, in order to minimize the procedures involved in surgeries, doctors are using 4D printing to insert self-transforming components into a patient’s body.
Furthermore, in manufacturing sectors, the growing demand for reduction in the manufacturing costs is one of the major factors anticipated to fuel the growth of the global market for 4D printing over the forecast period.
Europe Demand Outlook for 4D Printing
The technological advancements in the healthcare and automotive industries in the Europe region are driving the demand for 4D printing applications. Furthermore, the rising demand for added manufacturing efficiency; increased capabilities of the printed products; innovative applications from adaptive materials; and, reduced carbon footprint and manufacturing cost, in the countries like Germany, Italy, France, and UK in the Europe region is expected to drive the market for 4D printing over the forecast period.
Healthcare & Medical Devices is Expected to Show Significant Growth in the 4D Printing Market by Industry
4D printing technology is driving a substantial transformation in the healthcare and medical devices segment. It has broader applications in chemotherapy, tissue engineering, and self-assembling human scale biomaterials.
4D printing has various potential applications in the healthcare sector ranging from development of artificial tissues, bio-prints, and artificial organs in the long term. Owing to such application areas, the healthcare and medical devices segment is expected to witness major growth opportunities in the near future.
Who are the Key Manufacturers and Suppliers of 4D Printing?
Some of the leading providers of 4D printing include
- 3D Systems Corporation
- Autodesk Inc.
- Hewlett Packard Corp.
- Stratasys Ltd.
- ExOne Co.
- Organovo Holdings Inc.
- Materialise NV
- and Dassault Systèmes SA
- among others.
4D Printing Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.