Global DentalRapid Prototyping Systems Market, by Product Type (Rapid Prototyping 3DPrinter and Rapid Prototyping Software), by Application (Veterinary Clinic,Hospital, Dental Clinic, and Others), and by Region (North America, LatinAmerica, Europe, Asia Pacific, Middle East, and Africa), is estimated to bevalued at US$ 1,824.9 million in 2020 and is expected to exhibit a CAGR of 21.8%during the forecast period (2020-2027), as highlighted in a new report publishedby Coherent Market Insights.
Players in the market are focusedon technological advancements and mergers & acquisitions, which isamplifying growth of the dental rapid prototyping systems market. Companies arefocused on adopting strategic collaborations and product launches for the developmentof such novel systems.
For instance, in February 2017,BIOLASE Technology launched the new Waterlase Express after receiving FDAapproval. It represents the newest addition to the Biolase’s best-sellingWaterlase portfolio of all-tissue and also, extensively used all-tissue dentallaser wavelength across the globe. The Waterlase Express is available forimmediate sale to dentists in the U.S. and Europe.
In December 2019, American dentalproduct manufacturer, Benco Dental, launched the practice management solutionsoftware for dental offices. It is a complete practice management solutionsoftware that offers rapid, automated, and affordable features for dentaltreatment. Such introductions would in turn establish a healthy platform forthe dental rapid prototyping systems market.
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Impact analysis of Covid-19
The COVID-19 outbreak hasadversely affected the dental rapid prototyping systems market. The lockdown iscreating challenges for the manufacturers in the global market during theseunprecedented times. However, the industry is witnessing relatively optimisticgrowth, owing to increasing geriatric population. Conversely, it is estimatedthat the dental rapid prototyping systems market will regain its position soonafter the pandemic, owing to supportive regulations by governments and liftingof several restrictions such as the lockdown.
Browse 28 Market Data Tables and30 Figures spread through 155 Pages and in-depth TOC on Dental RapidPrototyping Systems Market, By Product Type (Rapid Prototyping 3D Printer andRapid Prototyping Software), By Application (Veterinary Clinic, Hospital,Dental Clinic, and Others), and By Region (North America, Latin America,Europe, Asia Pacific, Middle East, and Africa) - Forecast to 2027"
The increasing prevalence of oraldiseases and unhealthy eating habits are the major factors responsible forgrowth of the global dental rapid prototyping systems market. The rising casesof tooth decay is likely to boost the overall market growth. For instance,according to the Global Burden of Disease Study, around 3.5 billion people wereaffected by oral diseases in 2017.
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Key Takeaways of the Dental RapidPrototyping Systems Market:
The dental rapid prototypingsystems market is expected to exhibit a CAGR of 21.8% during the forecastperiod (2020-2027), owing to collaborations and product launches by marketplayers
Among application, the dentalclinic segment is expected to hold a major revenue share in 2027, owing to therising prevalence of oral diseases such as tooth decay and unhealthy eatinghabits. For instance, according to the WHO estimations, in 2017, around 3.5million people across the globe were affected by oral diseases.
Major players operating in thedental rapid prototyping systems market include 3M, BIOLASE Technology, Inc., Adec, Inc., Dentsply Sirona, AMD LASERS, Danaher Corporation, Carestream Health,Inc., Gendex Dental Systems, Gnatus International Ltda., KaVo Dental, MarusDental International, DCI International, Hu-Friedy Mfg. Co., LLC, NSKNakanishi, Inc., Ivoclar Vivadent Aktiengesellschaft, Midmark Corporation,Planmeca Oy, Ultradent Products, Inc., and Young Innovations, Inc.
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