Despite being listed on the NASDAQ stock exchange, Belgium-based Materialise, the first European 3D printing company on our list, sells 3D printing software for manufacturing and use in the medical industry and operates the i. materialize. This index-based stock strategy aims to produce investment results that closely match those of the overall 3D printing index, which is designed to track the movement of stock prices of companies involved in the 3D printing industry. In the early 2000s, there were very few stocks for 3D printing; the sector was not large enough for companies to go public. The 3D printing industry comprises companies that provide products and services capable of producing a wide range of products.
A pioneering 3D printer company and an industry legend for over 30 years, 3D printing probably wouldn’t be where it is today without 3D systems. The General 3D Printing Index includes publicly traded companies in the United States and around the world involved in the production and development of 3D printing technologies. The 3D printing industry comprises several companies, such as Proto Labs Inc. (PRLB) and Faro Technologies Inc. (FARO). These are all publicly traded 3D printing stocks, although more companies are likely to become publicly traded in the future.
We’ll be updating this list as new companies release the latest 3D printing stocks to keep you updated. For example, proto Labs also recently acquired a 3D Hub for 3D printing services for a total of $ 280 million, including $ 130 million in cash and $ 150 million in Proto Labs stock. They cite it as the most significant digital manufacturing deal ever. In addition, industrial metal 3D printing company ExOne was acquired by Desktop Metal in November 2021. Markforged prints with composite materials such as carbon fibre to produce highly durable parts have since moved on to 3D metal printing.
Canadian 3D Printing Stocks
In this article, we’ll take a look at 10 of the best 3D printing stocks you can buy. But investors need to be careful when larger companies enter the market. For over 25 years, we’ve provided industrial 3D printing, short-run and high-volume production services to help companies accelerate their product development cycle. So if you want to skip our in-depth analysis of these titles, you can jump straight to the five best 3D printing titles you can buy.
In addition, Stratasys uses Stratasys Direct, a 3D printing service, and SolidScape, a manufacturer of 3D printers for jewelry. The more materials that can be used for 3D printing, the wider the practical application of technology. In addition, global shipments of industrial 3D printing machines were up 61% from Q2 2020 to 2021, while loads of design systems were up 43%.
Growth forecasts for the 3D printing industry are optimistic, and technology applications seem endless. However, as large companies begin to implement this technology and invest in their 3D printing programs, the profitability of small tech startups could suffer. We selected these stocks based on hedge fund sentiment, analyst ratings, long-term upside potential and fundamentals. Health Canada approved a medical device for the treatment of COVID-19 on Tuesday, leading to an increase in 3D printing stocks in Canada.
Along with other 3D printing companies, the 3D Systems business made great strides in the early stages of the pandemic. According to data provided by Statista, the global market for 3D printing products and services is expected to grow by about 17% per year until 2023, and by 2026 its value will reach $ 37.2 billion. Now that we’ve flipped the calendar to 2022, we’re looking at the performance of pure 3D-printed games in 2021. And in turn, this further stimulates the development of new 3D printing techniques.
In addition, their shares had to be small- or large-cap (market cap of at least $ 300 million), listed on a major US stock exchange, and publicly traded for a year.
Our 3D printing technology can handle complexity beyond the capabilities of traditional manufacturing approaches. More recently, the FDA has made extensive use of 3D printing in its rapid response plan after the Covid-19 pandemic, producing medical supplies and personal protective equipment.
Although this technology has been around for several years, it has experienced tremendous growth as an industry in recent years due to its limitless potential for commercial manufacturing and large-scale projects. As a result, our shares outperformed the market by over 86 percentage points (see details here).
Companies in the industrial sector may be adversely affected by changes in government regulations, world events, economic conditions, environmental damage, product liability requirements and exchange rates. In addition, information technology companies face fierce competition both nationally and internationally, which can negatively impact profit margins.