Market Overview –
At a CAGR of 15.61 percent, the global dental 3D printing market is expected to reach USD 7.70 billion by 2030. Growth in the dental 3-D printing market is being driven by an increasing prevalence of dental disorders, an increased focus on medical device research and development and adoption of advanced IT healthcare technologies, an increasing geriatric population base around the world, rising road accidents and rising expenditure on healthcare infrastructure development in developing economies. Public-private funding for targeted research initiatives and growing awareness of the advantages that dental 3-D printing offers over traditional printing methods are driving the market’s growth. An additional factor fueling the market’s expansion is the rise in popularity of custom-made dental supplies and equipment.
Conversely, in developing and underdeveloped economies, high prices associated with the current printing process, expensive dental procedures, and a lack of a good reimbursement environment may stymie market expansion. Due to a lack of qualified medical personnel and high operational costs, the market will face challenges.
Market Scope and Market Size –
Type, product, technology, production application, application, end user, and sales channel are all used to segment the dental 3-D printing market. Using this data, you can identify the most promising growth segments in the industry, which will help you make strategic decisions for identifying the most important market applications.
Impact of Covid-19 –
Scenario-based approaches are used to evaluate the impact of COVID-19 and provide market forecasts.In early 2020, the COVID-19 pandemic had a negative impact on the dental 3D printing market because most dental offices, clinics, and laboratories were shut down due to lockdowns and quarantine restrictions in many parts of the world. Non-essential dental procedures were postponed as a result, and the volume of outpatient cases decreased significantly during this time.
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Many people remained reluctant to undergo the close-contact treatment required for dental procedures after lockdown and quarantine measures were lifted in most parts of the world. Dental services are returning to normal in most regions, especially in North America and Europe, and this is encouraging news for the global economy. In particular in China and India, the Asia Pacific dental market has taken longer to recover. 3D printing in dentistry is still being driven by the same factors as before, such as rising digitalization and the expansion of dental clinics and corporate chains. In the years 2021–2022, the market is likely to benefit from this.
Market Dynamics –
All age groups are affected by dental caries, or tooth decay, and the global incidence of decayed and missing teeth (DMT) has risen dramatically over the last few years. In 2019, 64,9 percent of adults over the age of 18 had a dental examination or cleaning procedure, according to the CDC. 36 million people in the United States are completely edentulous, and around 120 million people are missing at least one tooth according to the American College of Prosthodontists. Over the next 15 years, the number of Americans with partial dentures is expected to rise to more than 200 million. The American College of Prosthodontists estimates that about 2.3 million implant-supported crowns are placed each year, with single crowns being the most common restorative procedure.
Tooth decay and gum disease are the most common oral health problems in the United States. It is important to note that oral cancers and other oral health issues can have a significant impact on a person’s overall health and well-being. The Smile Survey 2020, a first-of-its-kind assessment of children’s oral health in Los Angeles County, was completed in 2018 and 2019. Twenty percent of children have untreated decay, according to the research. The prevalence of dental caries and untreated tooth decay in the United States is similar (2013-2016).
Competitive Insights –
Mergers and acquisitions and new product launches are also important growth strategies for these manufacturers. For example, 3D Systems in February 2020, Formlabs Massachusetts-based company, announced a partnership with Germany-based BEGO, a provider of dental implants and prosthodontics. The new DMP Flex 100 and DMP Dental 100 3D printers were launched by 3D Systems in June 2018 and feature superior quality, versatility, and throughput for entry-level metal 3D printing and dental applications, respectively. Together, they’re developing dental-specific 3D-printed crowns and bridges that can be used both temporarily and permanently. The following companies dominate the global 3D dental printing market :
Key Players –
By Type –
By Applications –
By Regions –
Middle East & Africa