3D printing industry growth and stocks.
According to Chuck Hull, 3D Systems CTO, “Over the last years as bioprinting and regenerative medicine have evolved, we’ve seen a growing need to place cells at high-resolution in a nurturing matrix to produce complex tissues. Precise 3D printing with hydrogels, followed by perfusion of cells into the printed scaffold is the best way to achieve this, and we are thankful our work with United Therapeutics has given us the opportunity to advance and perfect this technology.”
According to MarketWatch, “The 3D printing materials market size is estimated to grow from USD 1.5 billion in 2019 to USD 4.5 billion by 2024, at a CAGR of 25% between 2019 and 2024. 3D printing materials are used in different industries such as automotive, aerospace & defense, and healthcare. Metal 3D printing materials are projected to register a higher CAGR, in terms of value and volume, between 2019 and 2024.”