Market revenue in 2023 | USD 77.1 million |
Market revenue in 2030 | USD 124.4 million |
Growth rate | 7.1% (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 |
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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 35.54% in 2023. Horizon Databook has segmented the South Korea 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.
South Korea is actively investing in R&D of 3D printing technology, which can help in creating better future. However, the technology is still in the development stage in the country, as it is mainly used and developed by knowledge institutes and still need some time to be commercialized in the market.
In January 2020, the ICT’s National Radio Research Agency and Ministry of Science of Korea has submitted two standard proposals, that describes about the procedure for developing customized 3D-printed prosthetic based on patient requirement.
Korean experts are taking initiatives for international standardization of 3D printing in medical field, by collaborating with foreign professionals. This might also help in establishing proposals as international standard by 2022.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea 3d printed wearables market , including forecasts for subscribers. This country databook contains high-level insights into South Korea 3d printed wearables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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