Material Jetting Process 3d Printing Market Size & Share Analysis - Growth Trends & Forecast (2024 - 2029)

Material Jetting Process 3D Printing Market Analysis

The Material Jetting Process 3D Printing Market size is estimated at USD 1.7 billion in 2024, and is expected to reach USD 4.10 billion by 2029, growing at a CAGR of 19.29% during the forecast period (2024-2029).

• Material jetting's ability to simultaneously print in various materials and colors is a key driver of its growth. This capability is particularly beneficial for jewelry, automotive, and healthcare sectors, which require detailed, functional prototypes with specific material properties and color nuances.
• Material jetting's ability to produce full-colour parts makes it an excellent choice for prototyping. It is carving out a significant niche in creating medical models and visual support for training medical personnel. For instance, patient MRI or CT scan data can be seamlessly transformed into a 3D point cloud. This can then be printed in color, featuring varied textures and material properties, aiding doctors in planning intricate surgeries and medical procedures. Additionally, the capability to print multiple materials in one pass reduces manufacturing time and conserves resources, driving its growing adoption.
• The healthcare sector increasingly leverages material jetting for applications, including custom implants, prosthetics, dental devices, and anatomical models. Due to its fine resolution and biocompatible material options, the technology facilitates highly tailored medical solutions crucial for patient-specific treatments.
• Leading 3D printing manufacturers are making significant advancements, utilizing 3D printing technology to produce medical solutions like dentures and securing government approvals. For example, in September 2024, 3D Systems' denture solution, crafted using their jetting technology and NextDent materials, received FDA 510k clearance. This single-piece denture boasts durability, longevity, and realistic aesthetics.
• The material jetting market is witnessing accelerated growth due to the broader adoption of digital manufacturing techniques. The integration of automation and artificial intelligence into material jetting systems aims to optimize part design, minimize material waste, and boost overall efficiency. Such advancements are prompting manufacturers to view 3D printing as a primary production method, moving beyond its traditional role in prototyping.
• However, high material costs, especially for photopolymers, pose a significant hurdle to the widespread adoption of material jetting. Coupled with the steep prices of the machines themselves, this financial barrier makes it challenging for SMEs to invest in the technology. Consequently, the market is predominantly driven by large corporations in high-value sectors like aerospace and healthcare. Additional challenges encompass post-processing requirements and slow printing speeds.
• Material costs, influenced by inflationary pressures, have affected the market dynamics. Yet, despite economic uncertainties, sectors like aerospace, automotive, and healthcare persist in their investments in advanced manufacturing technologies. These industries acknowledge the long-term advantages of customization, shortened lead times, and sustainable production, leading to sustained R&D investments even amidst macroeconomic turbulence.

Material Jetting Process 3D Printing Market Trends

Healthcare Sector is Experiencing Growth in Demand

Material Jetting Process 3D Printing Industry Segmentation

Material Jetting 3D printing is an additive manufacturing process in which droplets of liquid material, typically photopolymers, waxes, or metals, are precisely jetted into a build platform layer by layer. Each layer is often solidified through UV light or cooling to create highly detailed and smooth parts. Material jetting allows for the simultaneous use of multiple materials and colors, enabling the creation of complex, multi-material objects with fine resolutions.

The study tracks the revenue generated from selling material jetting 3D printers, materials, and related services by various manufacturers and service providers worldwide. It also tracks the key market parameters, underlying growth influencers, and major manufacturers operating in the industry, which supports the market estimations and growth rates over the forecast period. The study further analyses the overall impact of macroeconomic factors on the market. The report’s scope encompasses market sizing and forecasts for the various market segments.

The material jetting 3D printing market is segmented by component (hardware, material, and services), type (poly jet, nanoparticle jetting (NPJ), and drop on demand (DoD)), end-user vertical (aerospace and defense, automotive, medical, and Other end-user verticals), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.