What can be a consequence of expiring patents for Additive Manufacturing technologies?

The expiration of patents for Additive Manufacturing technologies allows other companies and individuals to utilize these innovations without the restrictions imposed by patent rights. As a result, new entrants can develop similar or improved technologies, leading to a greater variety of products and services in the market. This boost in competition can drive advancements in technology and lower prices for consumers.

When more players enter the market, they often compete on quality, cost, and service, which can accelerate innovation as companies seek to differentiate themselves. This environment fosters creativity and exploration of novel applications of Additive Manufacturing, which adds to the overall growth and evolution of the industry.

In contrast, the other choices do not accurately reflect the typical consequences of patent expirations in this context. For example, a decrease in innovation is counterintuitive because increased competition usually encourages more innovation. Similarly, a rise in production costs is unlikely as competition generally drives prices down. Lastly, a reduction in market demand does not directly correlate with the expiration of patents; instead, the influx of new competitors can often stimulate interest and demand for Additive Manufacturing technologies.