A new report from Acumen Research and Consulting forecasts the global 3D printing market to reach $41 billion by 2026. That represents a CAGR (compound annual growth rate) of 20%, an astoundingly high rate for a six-year period. These reports are helpful because they put numbers to the claims that we regularly make about the rapid adoption and expansion of 3D printing into production and manufacturing applications. 

According to the report, North America makes up the largest portion of the 3D printing market by region. This is driven in part by the adoption of the medical, surgical, and prosthetic industries; biocompatible polymers and metals allow healthcare professionals to create custom implants, tools, and bionic limbs to improve overall outcomes for a wide range of patients. The automotive industry is another big player in NA pushing AM innovation by 3D printing prototypes, manufacturing aids, and end-use parts for cars. Consumer goods, aerospace, and defense make up significant pieces of the pie.