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3D Printed Wearable Market is Expected to Grow at a CAGR of ~8% During the Forecast Period of 2019 to 2029 - Future Market Insights

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Future Market Insights

19 Aug, 2019, 12:30 GMT

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VALLEY COTTAGE, New York, Aug. 19, 2019 /PRNewswire/ -- The global 3D printed wearables market, valued at approximately US$ 3 Bn in 2018, will maintain its steady course, according to a new study by Future Market Insights (FMI). According to the study, the 3D printed wearables industry remains influenced by manufacturers' focus on partnerships with technology providers to eliminate traditional limitations for design innovations.

Sensing the potential and consumer demand for 3D printed wearables, manufacturers have introduced a wide range of products – from footwear and clothes to jewelry and sports accessories. The report finds that 3D printed footwear will remain the top-selling category, accounting for one-fourth market share. 3D printing is expected to be the future of bespoke fashion, making mass customization mainstream, while optimizing use of resources.

Download the sample copy of Report with table of contents and Figures @ https://www.futuremarketinsights.com/reports/sample/rep-gb-10223

3D printing holds significant potential in enhancing product developments in the wearables industry, enabling manufacturers to create prototypes and establish a proof of concept. Although high initial cost of 3D printers does remain a key concern, the low cost of operations and the convenience element are expected to offer long-term benefits for manufacturers. 

According to the study, the footwear industry has taken the lead in the adoption of 3D printing technology, with product offerings that range from shoes to insoles with personalized design. This trend of custom-made solutions in the footwear industry is likely to encourage companies to improve their processes and realize measurable returns on their investment.

The role of 3D printing in revolutionizing the manufacturing process as a whole while enabling mass production of customized products, is expected to complement future growth of the 3D printed wearables market.

Preview Analysis of 3D Printed Wearables Market is segmented by (Product Type - Clothes, Watches, Footwear, Jewelry, Sports Accessories & Miscellaneous Products; Price - Premium & Mass; Consumer Orientation - Men, Women, Children & Unisex; Sales Channel - Online & Offline;) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029: https://www.futuremarketinsights.com/reports/3d-printed-wearables-market

Stakeholders Vying for Untapped Opportunities in the Medical Sector

This study opines that the scope of 3D printing technology is extensive in the field of medical wearables, and has created opportunities hitherto unforeseen in surgical and medical fields. Research in this sector has been inclined towards making living tattoos that act as sensors, to making viable organs that could revolutionize the transplantation process and printing bacteria for potential applications in the medical field.

The convenience of providing the accessibility of information to consumers, and tracking and monitoring their healthcare needs, is one of the leading aspects governing the attraction toward and adoption of medical wearables. This has led to a better understanding of conditions, for greater control over the end result. Even as the functionality of wearables increases, growing security risk is expected to be a major concern holding back the rate of progress in the field.

Buy this report @ https://www.futuremarketinsights.com/checkout/10223

The study finds that 3D printed wearable manufacturers will benefit from of new solutions that feature mixed material printing. Key players in the market are partnering with engineers, mathematicians and architects for creating high-end 3D printed wearables for the future, which would feature added functionalities and improved accessibility to a wider array of data. As more wearable manufacturers turn to 3D printing for accelerated production and waste reduction, gains in the market are expected to surge at a significant pace in the foreseeable future.

According to the study, Europe and North America remain lucrative markets for 3D printed wearables, collectively accounting for ~70% shares. This can be attributed to a notable rise in the number of wearable startups, along with focus of key players on shifting their portfolio from fundamental wearables to smarter products with higher degrees of functionality.

The study offers a long-term forecast for the 3D printed wearables market for the period between 2019 and 2029. The 3D printed wearable market is projected to record a ~8% CAGR through 2029.

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-10223

More from Retail and Consumer Products Insights:

  • Anti-Pollution Ingredients Demand Growth Analysis
  • Global Luxury Products For Kids Market Analysis
  • Global Residential Dishwashers Market Analysis

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Browse More Retail and Consumer Products Insights

Contact Us:
Mr. Abhishek Budholiya
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44-(0)-20-7692-8790 
Sales: sales@futuremarketinsights.com 

Press Office: Press@futuremarketinsights.com 

Blog: Market Research Blog 

Website: https://www.futuremarketinsights.com/ 

Logo: https://mma.prnewswire.com/media/947618/Future_Market_Insights_Logo.jpg  

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