Pune, India -- (SBWIRE) -- 11/21/2018 -- The main objective of this report is to define, describe, and forecast the global "3D Printing Devices Services and Supplies" market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Manufacturing personalized and patient-specific products to promote growth in the 3D printing devices, services and supplies market

3D printing has been transforming over the past several years and there is growing evidence that the innovations in technology and materials have finally brought it beyond the publicity stage. Aerospace, defense and automotive are the most mature industries in applying 3D printing. Nevertheless, growing awareness of 3D printing in the market and a readiness to leverage the technology for prototyping, tools, fixtures and even finished products are increasing in several other industries. 3D printing is also becoming a powerful solution for manufacturing personalized and patient-specific products, along with lightweight, efficient and optimized components.

Growing awareness about 3D printing, increasing benefits, increased the ability to innovate, reduced lifecycle costs by using 3D printing, and reduced time to market are few factors promoting the growth of this market. In addition to these growth drivers, the technological developments in healthcare 3D printing as well as growing government and private funding to support the development of new healthcare 3D printing technologies, and increasing demand for organ transplantation propelling the market growth further. 3D printing enables the economic manufacture of low-volume products and single-unit batches. This enables us to make both customized and personalized products that respond to the needs of consumers and patients. However, there are certain restraining factors which could hinder the market in future, which includes quality and regulatory issues, lack of sufficient 3D printing experts, challenges related to choosing the right candidate for 3D printing, reimbursement challenges and Bio-compatibility challenges. Furthermore, the emergence of cloud-based 3D printing service providers increased vertical applications, and improved market consolidation are among the latest trends would drive the market in coming future.

The ExOne Company Introduced the All New X1 25PRO™ 3D Printing Machine

In November 2018-The ExOne Company a global provider of three-dimensional ("3D") printing machines and 3D printed and other products, materials and services to industrial customers, announced the release of its newest system, the X1 25PRO™.The new X1 25PRO™ offers customers the ability to produce fine quality parts from a variety of materials including: 316L, 304 L, and 17-4PH stainless steels; Inconel 718® and 625; M2 and H11 tool steels; cobalt chrome; copper; tungsten carbide cobalt; and many others.

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ExOne has a pioneering legacy of being on the cutting edge of introducing materials and processes using binder jetting. We currently have machines installed in customer facilities in more than twenty countries around the globe and we are proud to bring innovations like the X1 25PRO™.

North America region to contribute to growth in the global 3D printing devices, services and supplies market

North America dominated the 3D printing devices, services and supplies market. The growth in the North American region is due to the established players in the U.S. Growing awareness about the benefits of using 3D printing mainly in the Medical devices, automotive, military and Aerospace Europe is anticipated to be the second largest region followed by the Asia Pacific region. Italy, Germany, France, and Sweden are the major countries offering lucrative opportunities for the players to grow in the 3D printing market over the years to come.

The major key players in 3D Printing Devices Services and Supplies Market are 3D Systems, Stratasys, Materialise NV, Arcam AB, The ExOne Company, Proto Labs, ARC Group Worldwide, EOS GmbH, SLM Solutions, and Renishaw.

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