Materialise - MTLS STOCK NEWS

Materialise NV (NASDAQ:MTLS) reported robust financial results for Q1 2023, with total revenue increasing 24.4% to 65,886 kEUR, compared to 52,961 kEUR in Q1 2022. Adjusted EBITDA significantly rose 89% to 10,310 kEUR, reflecting strong performance across its segments. The company achieved a net profit of 3,715 kEUR, a substantial increase from 127 kEUR in the previous year. Revenue from Materialise Medical surged 32.5% to 24,317 kEUR, while Materialise Manufacturing saw a growth of 25.2%. Despite rising operational expenses by 8.7%, gross profit grew to 36,837 kEUR, reflecting a gross margin of 55.9%. Looking ahead, the company raised its 2023 revenue guidance, projecting results closer to the high end of its previous estimate.

The global 3D-printed composite materials market is projected to grow by USD 203.83 million from 2022 to 2027, with a CAGR of 24%. This growth is attributed to the superior properties of composite materials, including a high strength-to-weight ratio and chemical resistance, making them suitable for various applications, particularly in the aerospace and automotive sectors. North America is expected to contribute 42% of the market growth, driven by increased investments in additive manufacturing technologies. However, market challenges include the easy availability of substitute products, which may hinder growth.

The global metal additive manufacturing market is projected to grow by USD 7,574.3 million between 2022 and 2027, with a compound annual growth rate (CAGR) of 20.84%. This growth is driven by the increasing demand for high flexibility and low production costs associated with additive manufacturing. Notably, the process allows for the production of complex components directly from computer-aided design (CAD) models, minimizing material waste and assembly time. North America is anticipated to contribute 43% to this growth, primarily fueled by advancements in industries such as aerospace and healthcare. However, challenges include high production costs from expensive materials and machinery, which could impede overall market expansion.

The report titled "Global 3D Printed Wearables Market 2022-2032" forecasts the market to reach $8,778.5 million by 2032, with an annual growth rate of 9.7% from 2022 to 2032. Key drivers include rising healthcare expenditures, increasing chronic disease prevalence, and technological advancements in 3D printing. Key players in this sector include Materialise N.V. and 3D Systems, among others. The report analyzes market structure, growth drivers, challenges, and trends across various product types, material types, and end users. Regional insights encompass North America, Europe, APAC, South America, and MEA, providing detailed revenue projections. The findings deliver vital insights for stakeholders seeking to understand the dynamics of the 3D printed wearables market.

The global automated 3D printing market is projected to reach $10,956.1 million by 2030, with an annual growth rate of 35.2% from 2022 to 2030. This growth is attributed to advancements in production efficiency, cost-effectiveness, and enhanced accuracy in automated manufacturing processes. Key segments include hardware, software, and various printing materials, along with a wide range of industrial verticals such as automotive and healthcare. Key players in this sector include Materialise NV, 3D Systems, and Stratasys. The report also covers regional market analyses and emerging trends, while considering challenges from the COVID-19 pandemic and geopolitical factors, particularly the Russia-Ukraine conflict.

The global market for 3D printed surgical models is projected to grow to $1,798.5 million by 2032, achieving a compound annual growth rate (CAGR) of 13.4% from 2022 to 2032. This expected growth is attributed to increased healthcare spending, rising demand for minimally invasive procedures, and advancements in 3D printing technology. The comprehensive report analyzes market dynamics, including growth drivers, challenges, and emerging trends across various segments such as specialty, material, technology, and end-users. Key players in the market include Materialise N.V., 3D Systems, and Stratasys. The report offers forecasts and detailed insights based on primary and secondary research conducted over 2020-2022, projecting future trends in the 3D printed surgical models market.

Materialise NV (NASDAQ: MTLS) announced it will release its financial results for Q1 2023 on April 27, 2023, at 6:30 a.m. ET. The company's management will discuss these results during a conference call on the same day at 8:30 a.m. ET. Interested participants can join the call via a provided link and access a live audio webcast through Materialise's investor relations website. With over three decades of experience in 3D printing, Materialise offers a variety of software solutions and services to various industries, including healthcare and automotive. This upcoming financial report is anticipated as a key indicator of the company's performance in the additive manufacturing sector.

The global facial implants market is projected to grow by USD 1.43 billion from 2021 to 2026, with a CAGR of 8.66%. The surge in demand is attributed to the rising interest in cosmetic treatments, particularly in the US, Venezuela, and Brazil. This trend is accelerated by increased awareness through social media and aggressive marketing of surgical procedures. Notably, North America is expected to contribute 37% to market growth, driven by a rise in surgeries due to road accidents and growing disposable incomes. The market is fragmented, with key players including Materialise NV, Acumed LLC, and Groupe SEBBIN SAS. However, challenges such as misinformation around cosmetic procedures and the lack of insurance coverage could impact growth.