Nexa3D Launches xCure, A new Post-processing System, to Disrupt 3D Printing Market

 

3D Printing, also known as additive manufacturing or computer-aided design, is the creation of an object by using a CAD (computer-aided design) model or a virtual three-dimensional model on a computer screen. The object is then printed in solid or semi-solid materials from the computer's digital design. This process is similar to how a 3-D printer makes a photo-realistic image, except with an additive printer, it uses the same principles that produce digital images but with less human interference. 3D printing is still in the nascent stage in various sectors.

Market Insights

Development and launch of novel software for 3D printing is expected to propel growth of the global 3D printing market over the forecast period. For instance, in July 2020, SprintRay released a new software feature dubbed ‘Pixel Toning’ to its digital dentistry ecosystem. Moreover, R&D in 3D bio-printed implants is also expected to aid in growth of the global 3D printing market over the forecast period. For instance, in August 2019, CollPlant Holdings Ltd., a regenerative medicine company, announced that it is developing 3D bio-printed implants for regeneration of breast tissues and has successfully produced first prototypes.

R&D of 3D biochips for medical applications is expected to offer lucrative growth opportunities for players in the global 3D printing market. For instance, in May 2020, researchers from Russian Academy of Sciences, Russia, reported development of 3D biochips and optimized analytical procedures that can facilitate further studies towards practical application for hepatitis C virus detection. Moreover, development of novel 3D printing techniques for medical applications is also expected to aid in growth of the market. For instance, in June 2020, researchers at the University of Minnesota reported development of a 3D printing technique that uses motion capture technology to print electronic sensors directly on organs that are expanding and contracting.

The global 3D printing market is witnessing development of bio-inks. For instance, in June 2020, researchers from the Ohio State University and the Pennsylvania State University, U.S., reported development of a specially-formulated bio-ink designed for printing directly in the body.

Competitive Analysis

Major players operating in the global 3D printing market include, SprintRay, 3D Systems Corporation, EnvisionTEC GmbH, Nexa3D, Nanoscribe GmbH, Stratasys Ltd., and Voxeljet Technology GmbH.

April 2020: EnvisionTEC GmbH completed a clinical trial to use the EnvisionTEC 3D printed Nasopharyngeal Swabs for COVID-19 testing.

October 2020: Nexa3D, a US-based SLA 3D printer manufacturer, launched a new post-processing system called the xCure.

In-depth report on Global 3D Printing Market by Coherent Market Insights: