3D Printing in Education Market to Grow at CAGR of 28.57 %: Global Market Opportunities, Threats Faced by the Key Vendors Analysis and Forecast 2017-2021

3D Printing in Education market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The report provides actionable intelligence on major factors influencing the 3D Printing in Education market (drivers, opportunities, industry specific challenges, and other critical issues) along with the 3D Printing in Education market size of various segments.

3-D printing is an evolving technology that caters to sectors such as automotive, education, healthcare, and aerospace. In the automotive and aerospace sectors, the use of 3-D printing enables manufacturers to make complex parts such as gears and fuel nozzles with high efficiency. This technology is expected to also find new applications in other sectors. For instance, in the medical sector, researchers are attempting to discover and identify ways to use this technology to make prosthetic parts with biological materials such as cartilage, bone, and skin.

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On the grounds of comprehensive, reliable data derived from extensive research of multiple sources (both primary and secondary) and in-depth market analysis with inputs from industry experts, 3D Printing in Education market projected to grow at a CAGR of 28.57% during the period 2017-2021.

3D Printing in Education Market Drivers, Challenges and Trends: –

Market Driver: – Ability to enhance learning process will be a key driver for market growth. the application of 3-d printing technology in education helps enhance the quality of illustration and also simplifies complex concepts through interactive visualizations. furthermore, simulation and modeling tools designed through 3-d printing devices help explain concepts in 3-d and temporal scales. the use of data displays, timelines, and interactive maps offer visual links between lessons taught and new ideas. 3-d printing technology has transformed the learning process of subjects such as physics, environmental sciences, mathematics, and chemistry.

Market Challenge: – The high cost incurred in buying 3-d printing devices is one of the major challenges that is expected to curtail the growth of the market during the forecast period. the technology is more expensive than traditional product manufacturing alternatives. based on the demand, these printing machines are specifically designed for the aerospace, automotive, and industrial segments. however, printers for the mentioned segments are highly expensive compared with those designed for the consumer segment. major vendors are placing their products at a very high price due to the product’s added brand value. overall, the average selling price of a 3-d printer is between $1000 and $20,000, depending on the durability and the purpose of use.

Market trend: – Increasing use of bioprinting technology will be a key trend for market growth. 3-D bioprinting technology is one of the most advanced technologies and is used in medical institutions and teaching hospitals to regenerate human organs and tissue. It can replicate the biological functions of native human tissue, which is helpful in the drug discovery process. Organovo launched a 3-D structure of the liver, which is superior to the 2-D liver structure. In addition, it has opened up new platforms in the drug research process. Many drugs are withdrawn because of toxicity to the liver, which cannot be predicted during pre-clinical trials. With 3-D livers they could improve drug efficacy and predict drug toxicity

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Market segmentation by components:- 3-D printing market in education by services and materials, 3-D printing market by education by 3-D printers

Market segmentation by end-users:-  Higher education 3-D printing market, K-12 education 3-D printing market

Geographic Segmentation: – Americas, APAC, EMEA

To calculate the 3D Printing in Education market size the report considers he vendor landscape and a corresponding detailed analysis of the top-four vendors operating in the market. The report covers the market landscape and its growth prospects over the coming years.  Further it converses about key vendors operating in 3D Printing in Education market like 3D Systems, EnvisionTEC, ExOne, Stratasys, Graphene 3-D Lab and many more.

Some of the Exhibits included in 3D Printing in Education Market report: –

Exhibit 01: Market segmentation of 3-D printing market

Exhibit 02: Countries covered for market analysis

Exhibit 03: Product offerings

Exhibit 04: Global 3-D printing market 2015-2020 ($ billions)

Exhibit 05:-D printing in education: Ownership cost scenarios

 

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With geographic breakdown of the 3D Printing in Education market in terms of detailed analysis and impact, this report provides business dimensions with an eye on growth opportunities and contribution of upcoming market segments.