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Andrea Loziuk (IDC)
416.673.2204 office
aloziuk@idc.com
www.idc.ca
     


George Bulat (IDC Spokesperson)
416.673.2258 office
gbulat@idccanada.com
www.idc.ca

New IDC Research Examines Actual Use Cases of 3D Printing in the Healthcare and Automotive Sectors in Canada

- January 28, 2015 -

International Data Corporation (IDC) announced today the release of the first two reports from its new research subscription service on the evolution and adoption of three-dimensional (3D) printing in Canada. Canadian Healthcare Use Cases for 3D Printing and 3D Printing in the Canadian Automotive Industry are published into the Canadian 3D Printing: Supply and Demand Perspectives report series, which examines how 3D printing technology is currently being used, the business benefits, and barriers to entry in key industries, while a forth coming report on the Canadian 3D printer market explores the competitive landscape. It aims to assist product, marketing and channel professionals with assessing opportunities within the rapidly emerging 3D printing market in Canada. Some key findings from IDC's new research include:

  • That the Canadian automotive industry is lagging behind in adoption of 3D printing compared with the United States.
  • The majority of applications for 3D printing in the Canadian automotive industry are in the pre-production phase.
  • In the healthcare sector, medical and dental end-users are more likely to adopt existing applications for 3D print than to support the creation of and research into new applications.
  • The greatest inhibitor for adopting 3D printing is the initial hardware acquisition cost.

"Adoption of 3D printing, or additive manufacturing (AM), by the automotive industry is expected to have a significant impact on the Canadian economy, and has been identified as integral to the restoration of Canada's manufacturing sector," says George Bulat, Research Director for Client Hardware at IDC Canada. "Automakers can integrate AM into their supply chain, with low volume automotive parts manufacturers utilizing the technology to help lower production costs, allowing the manufacturers to compete more effectively," he says. "In regards to healthcare, the future of 3D printing in Canada is also promising, thanks to innovative applications at medical institutions and an emerging supply chain opportunity for service bureaus."

IDC predicts that the worldwide 3D printer market will experience tremendous revenue growth over the next five years as 3D printing is increasingly being used in business applications where substantial cost and time-to-market benefits are to be gained. In addition to general manufacturing and research and development applications, the technology is also prevalent in the aerospace, automotive, education, dental, jewelry, medical and recreational markets. Meanwhile, consumer adoption has moved well beyond early adopters and hobbyists as average selling prices decline.

ABOUT THE IDC RESEARCH

Canadian Healthcare Use Cases for 3D Printing (IDC#CA1C3D14) explores the adoption of 3D printing and discusses the prevailing market forces and specific technologies used. The key benefits of several use cases within medical and dental industries are highlighted in this document. The discussion also focuses on the general awareness of 3D printing technology and potential barriers to entry, weighing apparent benefits against the challenges of 3D printing adoption. This study concludes with essential guidance for buyers (including institutions, public agencies, and departments), as well as vendors and service providers.
 
3D Printing in the Canadian Automotive Industry (IDC# CA1C3D15) discusses the current state of usage of 3D printing in the different phases of automotive manufacturing by presenting examples from automaker Ford USA and OEM parts manufacturer Magna International. The discussion focuses on the apparent benefits of using 3D printing in each production phase, current challenges and considerations for automakers and parts suppliers, and opportunities that adoption of 3D printing technologies can create.

ABOUT IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,100 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 50 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.

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