Dental 3D Printing Market Share 2023- Global Industry Trends, Revenue, Growth Drivers, CAGR Status, Business Opportunities and Forecast Analysis till 2033: SPER Market Research
Dental 3D Printing Market Strategy, Industry Trends and Forecast to 2033
The term "dental 3D printing" describes the application of three-dimensional printing technology to the production of various dental tools, equipment, and models. Organs have been produced via 3D printing using a patient's own cells. This implies that in the future, patients might not have to endure a lengthy wait for donors. Hospitals used to implant human-made structures into their patients. This procedure has been significantly enhanced by 3D printing.
According to SPER market research, Dental 3D Printing Market Size-By Technology, By Application, By Product & Service, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Dental 3D Printing Market is predicted to reach USD 15.15 billion by 2033 with a CAGR of 17.73%.
There have been a lot of market consolidations in the medical device sector in recent years. The key reasons for this include the growing market for digital dentistry, the increasing demand for 3D printed products, and the growing applications of internal dental 3D printing. The dental industry has embraced 3D printing as a cutting-edge method to produce more accurate and high-quality dental products, including surgical guides, crowns and bridgework, dentures, and dental implants. Dental professionals and patients can save time and money with the use of dental 3D printing. Other factors include rising demand for cosmetic dentistry, technological developments, and rising public awareness of the need of maintaining oral health. A favourable market outlook is also anticipated as a result of other reasons, such as the growing elderly population, rising healthcare costs, supportive government policies, and bettering healthcare infrastructure.
Dental 3D printing materials and equipment may require a substantial upfront expenditure. Small dental clinics and laboratories with little funding may find it difficult to implement 3D printing technology because of this. Strict regulatory criteria and quality standards are in place for the dentistry business to guarantee patient safety. Dental-specific rules and certifications must be complied with by the materials and equipment used in dental 3D printing. Even though dental 3D printing has many benefits, conventional production techniques are still widely used in the field. Dental restorations and prosthetics are still made using time-tested methods like milling and casting.
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Impact of COVID-19 on Dental 3D Printing Market
The medical device industry's supply chain has been severely disrupted by COVID-19. The number of procedures conducted annually has decreased as a result of the outbreak, which has led to a general downturn in the market. Global limitations and lockdowns in most nations had a detrimental effect on demand and sales of dental operations and equipment. In addition, a lot of gadget producers redirected their efforts to combat coronavirus epidemics. The medical device sector is working to rebound from the pandemic, though. The COVID-19 pandemic is still having an impact on a number of industries, but the 3D printing market seems to be recovering and expanding steadily.
Dental 3D Printing Market key players
With significant revenue share, North America emerged as the market leader for dental 3D printing. It is anticipated that the area would continue to rule the market until 2030. Throughout the projection period, the Asia Pacific region is anticipated to grow at a very profitable rate. Numerous reasons, such as a rise in the number of patients and increasing commercial activity by leading industry manufacturers, are driving the market in this region. Additionally, some of the market key players are 3D Systems, Inc., Ackuretta, Asiga, Desktop Metal, Inc. (EnvisionTEC), Formlabs, GENERAL ELECTRIC, Institut Straumann AG, Nexa3D, NextDent B.V. and various others.
Dental 3D Printing Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Technology: Based on the Technology, Global Dental 3D Printing Market is segmented as; Fused Deposition Modelling, Polyjet Technology, Selective Laser Sintering, Vat Photopolymerization, Other Technologies.
By Application: Based on the Application, Global Dental 3D Printing Market is segmented as; Impantalogy, Orthodontics, Prosthodontics.
By Product & Service: Based on the Product & Service, Global Dental 3D Printing Market is segmented as; Equipment (Dental 3D Printers, Dental 3D Scanners), Materials (Metal, Plastic, Others), Services.
By End User: Based on the End User, Global Dental 3D Printing Market is segmented as; Dental Laboratories, Hospitals & Clinics, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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