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Will The 3D Printing Industry Double?

October 15, 2016

According to Gartner, nearly 456,000 3D printers will be shipped globally by the end of the year, doubling the 219,000 units that were shipped last year.

The global 3D printer market is booming, with the number of units shipped in 2020 estimated to reach more than 6.7 million, according to Gartner’s forecast.

 3D printing was once a niche market, with the technology primarily being used for prototyping.

But over the last decade, more and more uses have come to market, especially in the healthcare and manufacturing industries. For example, last month researchers at Northwestern University developed a new 3D-printable synthetic bone that could help transform major surgery. This is not to mention consumer use and use by large outlet stores as well.

“3D-printed personalized medical devices – hearing aids, dental implants and braces, and prosthetic limbs – are more common than many people know. So, too, are the uses of 3D printing to produce not only prototypes and finished goods, but also the tools, jigs and fixtures that are then used to make something else,” the Gartner report states.

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