Global Dental 3D Printing Market is expected to grow at a CAGR of 27.51% during the forecast period from 2018-2025
A new research report published by Fior Markets with the title Global Dental 3D Printing Market by Product and Services (Equipment, Material, Services), Technology, Application, End User, Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.
As per the reporth, the global dental 3D printing market is expected to grow from USD 1,410.31 Million in 2017 to USD 9,860.90 Million by 2025 at a CAGR of 27.51% during the forecast period from 2018-2025. North America market is expected to witness substantial growth over the next decade. This growth is witnessed in the wake of ample opportunities offered due to rising technological advancements in 3D dental printing with well-established R&D infrastructure and rising cases of dental diseases are some of the key factors and will lead to the growth of market in a couple of years in this region.
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Prominent companies in the industry include 3D Systems, Renishaw, Stratasys, Roland DG, SLM Solutions, EnvisionTEC, Straumann, Formlabs, DENTSPLY Sirona, Prodways Group, EOS, DWS, Rapid Shape, Planmeca, Ultimaker, Kulzer GmbH, Asiga, Ultimaker, Dental Wings, and Carbon among others. Developing and developed (U.S, Germany, U.K, China and Japan) are offering greater opportunities and major players are continuously focused on new product developments and venture capital investments to obtain market share For instance, in 2017, 3D Systems Corporation acquired Vertex-Global Holding B.V. It provides dental materials under Vertex and NextDent brands. The acquisition has increased 3D Systems penetration rate of the former in the global market.
Product and services segment include equipment, material and services. The equipment segment is dominating the market with 41.30% in 2017. Increasing demand for personalized and customized dental 3D printers are driving the growth of the market. Technology segment includes photopolymerization, fused deposition modeling, selective laser sintering, polyjet technology, and other technologies. The vat photopolymerization dominating the segment. Application segment is divided into segments such as prosthodontics, endodontics, and implantology. The prosthodontics segment dominated the application segment. Rising prevalence of dental caries, growing demand for crowns and bridges and increasing customer acceptance of advanced dental technologies, these factors will lead to the growth of the segment in future.
The end user segment includes dental laboratories, dental hospitals & clinics, and dental academic & research institutes. The dental laboratories segment is dominating the dental 3D printing market in 2017. Increasing number of dental laboratories and rising demand for customized/fabricated solutions are boosting the demand of the market.
Rising R&D expenses by key players and increasing consumer awareness are some of the factors for the growth of the market. High cost associated with the procedure may hamper the growth of market. However, increasing demand of cosmetic dentistry and consolidation of dental laboratories boosting the growth of the market in coming years.
About the report:
The global dental 3D printing market is analysed on the basis of value (USD Billion), volume (K Units), export (K Units), and import (K Units). All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitor position grid analysis.
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- CDN Newswire