Brazil 3d Printed Wearables Market Size & Outlook
Brazil 3d printed wearables market, 2018-2030 (US$M)
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Brazil 3d printed wearables market highlights
- The Brazil 3d printed wearables market generated a revenue of USD 127.9 million in 2023 and is expected to reach USD 202.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, prosthetics was the largest revenue generating product in 2023.
- Orthopedic Implants is the most lucrative product segment registering the fastest growth during the forecast period.
3d printed wearables market data book summary
| Market revenue in 2023 | USD 127.9 million |
| Market revenue in 2030 | USD 202.7 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Prosthetics |
| Fastest growing segment | Orthopedic Implants |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prosthetics, Orthopedic Implants, Surgical Instruments, Smart Watches, Fitness Trackers |
| Key market players worldwide | 3D Systems Corp, Stratasys Ltd, Portland General Electric Co, Koninklijke Philips NV, OMRON Corp, EnvisionTEC, Cyfuse Biomedical, Zephyr Technologies, Everist Health |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.3% of the global 3d printed wearables market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil 3d printed wearables market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 202.7 million by 2030.
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3D Printed Wearables Market Scope
3D Printed Wearables Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 3d printed wearables market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3d printed wearables market will help companies and investors design strategic landscapes.
Prosthetics was the largest segment with a revenue share of 34.87% in 2023. Horizon Databook has segmented the Brazil 3d printed wearables market based on prosthetics, orthopedic implants, surgical instruments, smart watches, fitness trackers covering the revenue growth of each sub-segment from 2018 to 2030.
Growing healthcare expenditure by the government, rising per capita disposable income, and increasing investments on health & dental insurance policies are aiding market growth. In 2014, the total expenditure on healthcare was 8.5% of the GDP.
The market growth can also be attributed to Sistema Unico de Saude (SUS), the public health system that provides health insurance in Brazil. In addition, researches in Brazil are focusing on developing low-cost 3D-printed wearables such as prosthetics to provide better care.
In January 2020, researchers at Paulista University employed smartphones and 3D printing for creating digital facial impression for making silicone prostheses. This method has reduced the cost and time of production, thus, expected to drive the adoption of prosthetics.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil 3d printed wearables market , including forecasts for subscribers. This country databook contains high-level insights into Brazil 3d printed wearables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil 3d printed wearables market size, by product, 2018-2030 (US$M)
Brazil 3D Printed Wearables Market Outlook Share, 2023 & 2030 (US$M)
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