The worldwide 3D printing industry is expected to grow from $3.07B in revenue in 2013 to $12.8B by 2018, and exceed $21B in worldwide revenue by 2020. As it evolves, 3D printing technology is destined to transform almost every major industry and change the way we live, work, and play in the future.
Source: Wohlers Report 2015
Medical industry
The outlook for medical use of 3D printing is evolving at an extremely rapid pace as specialists are beginning to utilize 3D printing in more advanced ways. Patients around the world are experiencing improved quality of care through 3D printed implants and prosthetics never before seen.
Bio-printing
As of the early two-thousands 3D printing technology has been studied by biotech firms and academia for possible use in tissue engineering applications where organs and body parts are built using inkjet techniques. Layers of living cells are deposited onto a gel medium and slowly built up to form three dimensional structures. We refer to this field of research with the term: bio-printing.
Aerospace & aviation industries
The growth in utilisation of 3D printing in the aerospace and aviation industries can, for a large part, be derived from the developments in the metal additive manufacturing sector.
NASA for instance prints combustion chamber liners using selective laser melting and as of march 2015 the FAA cleared GE Aviation’s first 3D printed jet engine part to fly: a laser sintered housing for a compressor inlet temperature sensor.
Automotive industry
Although the automotive industry was among the earliest adopters of 3D printing it has for decades relegated 3D printing technology to low volume prototyping applications.
Nowadays the use of 3D printing in automotive is evolving from relatively simple concept models for fit and finish checks and design verification, to functional parts that are used in test vehicles, engines, and platforms. The expectations are that 3D printing in the automotive industry will generate a combined $1.1 billion dollars by 2019.