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This statistic highlights 3D Systems’ Revenue by End Market, split across the Healthcare and Industrial segments, reported on a quarterly basis from Q1 2019 onwards.
The company’s technologies and services are used in the designing, development, and production stages of many industries, including aerospace, automotive, healthcare, dental, and entertainment. The company offers a variety of professional and production-grade 3D printers as well as software, and materials.
|Revenue by End Market||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(All figures are in millions, except percentages)
The total revenue generated by 3D Systems increased from $135.1 million to $156 million, from Q3 2020 to Q3 2021, indicating a rise of 15.47% on a year-on-year basis. However, on a quarter-on-quarter basis, the revenue fell by 4%, from $162.5 million in Q2 2021 to $156 million in Q3 2021.
To increase the value creation for their customers, the company simplified and focused their organization by realigning the Company’s breadth of capabilities into two key market verticals – Healthcare and Industrial. The healthcare segment accounts for 48.9% of the total revenue, with the rest comes from the Industrial segment, accounting for 51.1%.
3D Systems’ revenue can be further bifurcated into the following:
Dental, medical devices, simulations, personalised health services and surgical planning are some of the sub-segments of the Healthcare segment.
The Healthcare end market contributes 48.9% to the total revenue generated by the company in Q3 2021, amounting to $76.3 million. The Healthcare segment shows a high jump in total revenue, from $59.8 million in Q3 2020 to $76.3 million in Q3 2021, making an increment of 27.59% on a year-on-year basis. However, when compared on a quarterly basis, the revenue witnessed a fall of 7.8% in revenue, from $82.8 million in Q2 2021 to $76.3 million in Q3 2021. The revenue mix has also changed over the years. In Q2 2021, the revenue contribution of the healthcare segment stood at 44.27%.
The Industrial segment’s key sub-segments include Aerospace & Defense, Transportation & Motorsports, Energy, Semiconductor, Service Bureaus, Investment Castings, Jewelry, Consumer Durables, and many more.
The Industrial end market contributes 51.1% to the total revenue generated by the company in Q3 2021, amounting to $79.7 million. The Industrial segment shows an incline from $75.3 million in Q3 2020 to $79.7 million in Q3 2021, making an increment of 5,84% on a year-on-year basis. However, on a quarterly basis, there was no growth in revenue, as in both the quarters of Q2 2021 and Q3 2021, the revenue stood at $79.7 million. In Q2 2021, the industrial end market had a larger contribution to the revenue mix, standing at 55.73% of the total revenue generated.
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