Dental 3D Printing Market Size And Forecast
Dental 3D Printing Market size was valued at USD 1836 Million in 2020 and is projected to reach USD 9124 Million by 2028, growing at a CAGR of 22.19% from 2021 to 2028.
The rising global geriatric population and mounting cases of dental conditions have surged the R&D to develop medical equipment with the latest technologies. Therefore, these factors along with surging demand for customized dental 3D printers are likely to foster the market growth for customized dental 3D printers during the forecast period. The Global Dental 3D Printing Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Dental 3D Printing Market Definition
3D printing (3DP), also known as additive manufacturing, is the forerunner in today’s digital dentistry. 3DP as a technique has been used since the 1980s but has turned mainstream only since lean methodologies entered into prototyping more recently in the 21st century. Dental 3D printing is the latest addition to the medical devices sector, which allows a dentist in producing customized designs for various products.
The various processes that dental 3D printing involves are oral scanning, CAD/CAM, 3D printing, and designing. Such advanced manufacturing process helps in several fields of dentistry, such as the production of drill guides for dental implants, orthodontics and surgery, the production of physical models for prosthodontics, craniomaxillofacial and orthopedic implants, the manufacture of dental, and the fabrication of copings and frameworks for an implant and dental restorations.
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Global Dental 3D Printing Market Overview
The growing consumer awareness and rapid technological advancements are the crucial aspects of the rise in the market revenue of Dental 3d Printing Market, along with the latest technological advancements in 3D printing, is likely to stimulate the growth of the market. Moreover, increasing adoption of the dental 3D printers in dental hospitals and clinics due to growing consumption of alcohol, tobacco, and other unhealthy shifts in lifestyles are causing increased cases of dental conditions, and oral cancer. This is estimated to stoke the growth of the market. Furthermore, factors such as rising R&D expenses, increasing disposable income is leading to the increased dental expenditure resulting in the utilization of digital dentistry has positively anticipated driving the Global Dental 3d Printing Market.
There are certain restraints and challenges faced which will hinder the overall market growth. The factors such as reimbursement scenarios and stringent regulatory procedures for the approval of 3d printing equipment may restrict the market growth. In addition, high capital investment and operating costs limit the market progression. The lack of skilled professionals and deficiency of hi-tech infrastructure is the potential restraints hampering the overall growth of the Dental 3d Printing Market.
Global Dental 3D Printing Market: Segmentation Analysis
The Global Dental 3D Printing Market is segmented based on Technology, Application, End-Use, And Geography.
Dental 3D Printing Market, By Technology
• VAT Photopolymerization
• Fused Deposition Modeling
• Polyjet Technology
• Others
Based on Technology, the market is bifurcated into VAT Photopolymerization, Fused Deposition Modeling, Polyjet Technology, and Others. The vat photopolymerization segment accounted for the largest market share. The factors can be attributed to the high precision and accuracy of this technique.
Dental 3D Printing Market, By Application
• Implantology
• Orthodontics
• Prosthodontics
Based on Application, the market is bifurcated into Implantology, Orthodontics, and Prosthodontics. The prosthodontics segment accounted for the largest share due to the growing edentulous population, technological advancement such as CAD/CAM, and the rising adoption of dental 3D printers and scanners.
Dental 3D Printing Market, By End-Use
• Dental Hospitals and Clinics
• Dental Research Institutes
• Dental Laboratories
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Based on End-Use, the market is bifurcated into Dental Hospitals and Clinics, Dental Research Institutes, and Dental Laboratories. The dental laboratories segment dominated the Dental 3d Printing Market and is estimated to hold the highest CAGR for the forecast period. The factors can be credited for the growing number of rapid dental laboratories, rising demand for customized/fabricated dental framing solutions, and increasing outsourcing activities are fueling the demand for the dental laboratories segment.
Dental 3D Printing Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Geography, the Global Dental 3D Printing Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The largest share in the market will be dominated by North America. The rising incidence of dental caries with the aging population, growing oral care expenditure, technological advancement, increasing demand for cosmetic energy, and the rising popularity of digital dentistry are supplementing the growth of this region.
Key Players
The “Global Dental 3D Printing Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as 3D Systems Inc., Prodways Group, Stratasys Ltd., Carbon 3d Inc., DWS Systems, Envisiontec, Formlabs.
These companies will be profiled on the basis of their financials, their geographic and business segment breakdown, as well as product benchmarking. The competitive landscape section includes key development strategies and market ranking analysis of the above-mentioned players globally.
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