(Health-NewsWire.Net, March 17, 2020 ) The key factors driving the growth of Dental 3D Printing market include high incidence of dental caries and other dental diseases, rising demand for cosmetic dentistry, adoption of dental 3D printers in hospitals and clinics, rapid growth in the geriatric population and its association with the rising prevalence of edentulism, and increasing disposable income in developing countries.
What the Market Looks Like?
Predicted to grow at a CAGR of 23.2% during the forecast period, the global Dental 3D Printing market is estimated to reach USD 5.06 billion by the end of 2023.
“By technology, the vat photopolymerization segment accounted for the largest share of this market in 2017”
On the basis of technology, this market is segmented into vat photopolymerization, fused deposition modeling, selective laser sintering, polyjet technology, and other technologies. The vat photopolymerization segment accounted for the largest share of the global dental 3D printing market. The high precision and accuracy of this technique is primarily attributed to the large share of this segment.
“By application, the prosthodontics segment held the largest share of the dental 3D printing market in 2017”
Based on application, this market is segmented into prosthodontics, endodontics, and implantology. The prosthodontics segment accounted for the largest share in this market. The large share of this segment can primarily be attributed to the growing demand for crowns and bridges, rising prevalence of dental caries, increasing incidence of tooth loss, and increasing customer acceptance of advanced dental technologies.
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Geographical growth scenario of Dental 3D Printing Market
North America accounted for the largest share of the dental 3D printing market in 2017, followed by Europe and Asia Pacific. The large share of the North American market can be attributed to high and growing incidence of dental caries and tooth loss (associated with the aging population), high oral care expenditure, development of 3D printing technologies offering high accuracy and reduced time for printing, increasing demand for cosmetic dentistry, and rising popularity of digital dentistry.
Leading market players
The prominent players in the Dental 3D Printing market include 3D Systems (US), Stratasys (US/Israel), Renishaw (UK), Roland DG (Japan), SLM Solutions (Germany), EnvisionTEC (Germany), DENTSPLY Sirona (US), Straumann (Switzerland), Formlabs (US), Prodways Group (France), EOS (Germany), Rapid Shape (Germany), DWS (Italy), Planmeca (Finland), Kulzer GmbH (Germany), Ultimaker (Netherlands), Dental Wings (Canada), Carbon (US), and Asiga (Australia).
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Mr. Sanjay Gupta