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Nov-2021
Dental 3D Printing Market Size To Grow USD 6404 Mn By 2026
Global Dental 3D Printing Market Size, Share, Trends, COVID-19 Impact & Growth Analysis Report – Segmented By Product & Service, Technology, Application, End-User & Region (North America, Europe, APAC, Latin America, Middle East and Africa) – Industry Forecast (2021 to 2026)
As per our research report, the size of the global dental 3D printing market is forecasted to grow at a CAGR of 22.32% between 2021 and 2026 and value USD 6,404.32 million by 2026 from USD 2,338.76 million in 2021.
3D dental printing creates solid three-dimensional dental models, such as dentures, study models, surgical guides, dental implants, dental crowns, and bridges.
Impact of COVID-19 on the global dental 3D printing market:
The devastating effect of the novel coronavirus pandemic on various industries has highlighted the importance of essential health problems. Most dental disorders did not require immediate treatment and were not allowed on the essential list during the pandemic. The pandemic resulted in the postponement of all non-essential dental procedures; the volume of outpatient cases decreased considerably during 2020-2021. However, recovery can be seen in most areas in the upcoming years. With the increasing digitization of dental facilities, the highlighted effects of oral healthcare and the expansion of dental clinics are estimated to promote market growth during the next couple of years.
KEY DRIVING FACTORS:
Dental 3D printing is gaining traction with the growing proliferation of advancements in technologies and the increasing demand for digitalization in the healthcare sector. Although dental 3D printing is a relatively expensive technology, companies in the dental 3D printing market are investing in R&D due to the rising standards of medical facilities. Tooth decay or tooth decay is a common disease, and the overall incidence of dental caries has increased dramatically in recent years.
Patients prefer 3D printing over conventional methods due to ease of application and quicker results. According to estimates from the FDI Oral Health Atlas, around 3.5 billion people worldwide were affected by untreated primary and permanent tooth decay. According to the CDC, in 2019, 65% of adults 18 and older got a routine dental exam. Additionally, 85% to 90% of dental caries require endodontic procedures, which require dental surgery to replace prosthetic teeth. Dentists increasingly adopt CADCAM technology due to its high precision in dental restoration. This is due to customizing dental prostheses, such as zirconia dental crowns, metal, ceramic crowns, etc.; the growing demand for personalized dental 3D printing further supports the market's growth. According to the American College of Prosthodontists, over 38 million people in America are edentulous, and about 121 million are missing at least one tooth.
Prosthetic elements such as zirconia are better milled in CADCAM than by-hand procedure, resulting in more minor errors and a better chance to repair. The use of CAD / CAM associated with 3D printing will continue to increase due to its benefits in the years to come.
RESTRAINING FACTORS:
Dental 3D printers can only be handled by denturists, dental lab technicians, and dentists; owing to this lack of skilled labor in any region will contribute to restraining the market growth rate. Secondly, dental 3D printers are expensive and require high initial investments. Owing to a lack of finances, many small to medium-sized laboratories cannot install dental 3D printing facilities, and most dental clinics rely on outsourcing for manufacturing. This may prove to be a significant challenge in the global dental 3D printing market.
MARKET SEGMENTATION:
By Product & Services:
- Services
- Materials
- Plastics
- Metals
- Other Materials
- Equipment
- Dental 3D Printers
- Dental 3D Scanners
By Technology:
- Vat Photopolymerization
- Stereolithography
- Digital Light Processing
- Fused Deposition Modeling
- Selective Laser Sintering
- PolyJet Printing
By Application:
- Prosthodontics
- Orthodontics
- Implantology
By End-User:
- Dental Laboratories
- Dental Hospitals and Clinics
- Dental Academic and Research Institutes
By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
KEY MARKET INSIGHTS:
- According to the end-user, in 2019, the laboratory segment was the dominant segment in terms of revenue collection; this segment will have similar growth during the forecast period. Factors such as the growing number of rapid dental laboratories, advances in various dental technologies, the increasing demand for custom dental parts, and increasing outsourcing of manufacturing are driving the need for this segment.
- According to the application, in 2019, the orthodontics segment dominated the market and is expected to experience a phenomenal CAGR during the studied period. This segmental growth can be attributed to an increasing number of patients requiring orthodontic treatment and product development in the field of orthodontics. Meanwhile, the prosthodontics segment will also show a similar growth rate during the studied time, owing to the increasing cases of the senior population needing prosthetic teeth.
- According to the technology, in 2019, selective laser sintering dominated with a 38.9% market share. This segment is projected to be a significant shareholder throughout the analysis period due to its advantages, such as biocompatibility, good chemical resistance, and excellent surface finish. However, the PolyJet technology is poised to register the highest CAGR, owing to the increased R&D investment related to the technology.
- Some of the key companies present in the dental 3D printing industry are 3D Systems, EnvisionTEC, Straumann AG Group, Prodways Group, Renishaw Inc., FormLabs Inc., Dental Wings, DWS Italy, Ultimaker, and Asiga Inc. Key market players are aiming to grow with new product launches, collaborations, and acquisitions.
NOTABLE HAPPENINGS IN THIS MARKET IN THE RECENT PAST:
- In 2017, 3D Systems Corporation took over Vertex-Global Holding B.V., a Dutch supplier of dental materials under the brands Vertex and NextDent. This acquisition increased the penetration rate in the global market.
- In August 2020, MakerBot of Stratasys, Ltd. introduced new software to provide a 3D printing workflow for teams to collaborate around the world.
- In October 2020, the US FDA gave maxillofacial surgical guides for using LaserForm Ti and DuraForm ProX PA materials for 3D systems.
- In November 2020, 3D Systems (US) agreed with Battery Ventures to sell Cimatron Ltd., which operates Integrated CAM / CAD software.
BROWSE RELATED REPORTS:
WRITTEN BY: Market Data Forecast
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