Strategic Markets
Rapidly Expanding Uses and Markets
The 3D Printing industry is a growing, global market with an estimated size of $11.6Bn in 2019. The industry serves product developers, engineers, and executives worldwide in a variety of industries including healthcare, aerospace & defense, aviation, automotive, architecture, food & restaurant, and many others.
Neos Equity Group believes that the 3D Printing industry is primed to grow at a rapid pace, with a core focus on Healthcare. This expected growth is driven by many tailwinds such as: advancements in medical devices and replacement parts, increased demand for healthcare products due to COVID-19, aggressive R&D from 3D printer manufacturers, standardization of automotive and aviation parts, and more new customers realizing the practical use of 3D printing for their business. These tailwinds will drive the market for years to come.
Key Industry Insights:
- 3D printing Industry was $11.6 bn in 2019
- 2020-2027 CAGR 14%
- 1.4 million 3D printers were shipped in 2018, and 3D printer shipments are expected to reach 8.0 million units by 2027
- Industry Leaders: NYSE: PRLB; NASDAQ: ONVO; NASDAQ: SSYS; NYSE: VJET
- 3D Printing began in the early 1980’s (industry is just 40 years old)
- NASA and the Department of Defense are primary advocates of 3D Printing
Neos Equity Group intends to execute a portfolio “roll-up” strategy of Healthcare 3D Printing businesses in this highly fragmented industry and leverage Neos’ executive team expertise in the healthcare industry. Neos will target businesses with gross revenues between $5mm - $25mm gross revenue.
If you are interested in selling your Healthcare 3D Printing business, please feel free to contact us to set up a meeting and discuss at info@neosequitygroup.com.
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The global 3D printing market size was valued at $11.58 billion in 2019 and is expected to expand at a CAGR exceeding 14% from 2020 to 2027. Globally, 1.42 million units of 3D printers were shipped in 2018 and this number is expected to reach 8.04 million units by 2027. The aggressive R&D in Three-Dimensional Printing (3DP) and growing demand for prototyping applications from various industry verticals, particularly healthcare, automotive, aerospace and defense, are the factors expected to drive the market growth.
