Future Market Insights Global and Consulting Pvt. Ltd.
The 3D printing dental device market in the USA and Europe is growing rapidly, driven by demand for personalized dental solutions, advancements in technology, and favorable government initiatives. Key players and a robust dental industry infrastructure contribute to market growth
NEWARK, Del, June 28, 2023 (GLOBE NEWSWIRE) -- As per Future Market Insights’ latest industry analysis, the global 3D Printing Dental Device Market was around US$ 1.5 Billion in 2022 and is projected to exhibit a CAGR growth of close to 16.4% over the forecast period, with an estimated valuation of US$ 8.22 Billion in 2033.
Digital dentistry is increasingly popular among dental technicians, doctors, and patients. With the advancement of digital hardware, physicians may now use computers to create dental prostheses such as abutments, implants, crowns, and bridges. The prosthesis can be tailored according to unique requirements, saving time and increasing accuracy with the help of CAD/CAM systems.
The market is projected to see an increased predisposition for this technology, which has acquired appeal in developing dental models such as surgical guides, bridges, crowns, implants, and dentures, given the rate at which it is developing and enhancing dental operations.
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The utilisation of 3D printing technology also has the potential to expand dental care accessibility to remote and underserved regions where conventional dental laboratories and services may be restricted.
The deployment of portable and cost-effective 3D printers to various locations can facilitate the on-site fabrication of dental devices, thereby enhancing access to crucial dental care. Using 3D printing technology in dentistry enables expeditious prototyping and iterative design procedures.
The expeditious production of physical prototypes by dental professionals enables prompt evaluation and refinement, thereby accelerating development cycles and decreasing the time-to-market for novel dental devices.
Overall, these factors are contributing to the growth of the 3D Printing Dental Devices market.
Top Highlights by FMI’s Analysis:
Products and services are dominant within the global market with a market share of 53.9% in 2022. This is attributed to the growing prevalence of dental conditions and simultaneously, higher adoption of 3D printed products.
Among various materials used for 3D printing, metals are the leading segment holding about 67.9% market share in 2022, owing to their exceptional blend of robustness, longevity, biocompatibility, visual appeal, and production proficiency.
By region, Europe is leading in the global 3D Printing Dental Device market with a 32.0% market share in 2022. It is expected to continue to do so during the forecasted years due to the increasing prevalence of dental disorders.
“Increasing adoption of digital dentistry and cost-effective treatment for dental conditions, are driving the growth of the 3D Printing Dental Device market,” - says an analyst at Future Market Insights (FMI).
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Competitive Landscape:
To advance research and development initiatives, manufacturers are increasingly prioritising collaboration with academic institutions, research organisations, and other research personnel. Manufacturers are implementing comprehensive innovation and marketing strategies to improve product accessibility, visibility, and awareness among healthcare professionals.
On February 22nd, 2022, Renishaw hosted an event highlighting its wide-ranging products in additive manufacturing. The event also showcased the advantages of metal 3D printing in the dental sector. The exhibition took place in Chicago.
Major Players are:
3D Systems
SprintRay
Ackuretta
Asiga
Renishaw
Formlabs Inc. (US)
Sterngold Dental LLC
Desktop Metal
Others
What Does the Report Cover?
Future Market Insights offers a unique perspective and actionable insights on the 3D Printing Dental Device market in its latest study, presenting a historical demand assessment of 2017 to 2022 and projections for 2023 to 2033. The global 3D Printing Dental Device market is segmented in detail to cover every market aspect and present a complete market intelligence approach to the reader.
5.2.6. Strategic Mergers and Acquisitions by Manufacturers
5.2.7. Increased Awareness among People
5.2.8. Adoption of Minimally Invasive Procedures
5.3. Market Dynamics
5.3.1. Drivers
5.3.2. Restraints
5.3.3. Opportunity Analysis
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Have a Look at Related Reports of the Healthcare domain:
Dental Diagnostic and Surgical Equipment Market Size: Expanding at a CAGR of 7.3%, the global dental diagnostic and surgical equipment market is projected to increase from a valuation of US$ 11.2 Billion in 2021 to US$ 20.6 Billion by 2032.
Dental Implants and Prosthetics Market Share: Global dental implants and prosthetics market sales were valued at around US$ 11.6 Billion at the end of 2021. The market is projected to register a 7.0% CAGR and top a valuation of US$ 23.7 Billion by 2032.
Dental Flap Surgery Market Demand: The global dental flap surgery market is expected to accumulate a market value of US$ 5 Billion in 2022 and is expected to accumulate a market value of US$ 10.31 Billion by registering a CAGR of 7.5% in the forecast period 2022 to 2032.
Dental Imaging Equipment Market Trends: Expanding at a CAGR of 7.9%, the global Dental Imaging Equipment Market is projected to increase from a valuation of US$ 2.99 Billion in 2021 to US$ 5.91 Billion by 2030, finds Future Market Insights (FMI) in a recent market survey.
Dental Simulator Market Analysis: The dental simulator market is expected to increase from US$ 368.8 million in 2023 to US$ 780.5 million in 2033. The dental simulator business is anticipated to capture a CAGR of 7.8% between 2023 and 2033.
Dental Adhesives Market Growth: The global dental adhesives market is expected to enjoy a valuation of US$ 2.31 billion by the end of the year 2022, and further expand at a CAGR of 4.5% to reach a valuation of ~US$ 3.58 billion by the year 2032.
Dental Whitening Lamps Market Insights: The overall demand for dental whitening lamps is projected to grow at a CAGR of 4.4% between 2022 and 2032, totaling around US$ 533 Million by 2032.
Dental Delivery System Market Forecast: The worldwide dental delivery system market is predicted to be worth US$ 561.0 million by the end of 2022 and to grow at a CAGR of 4.6% to be worth US$ 918.1 million by 2032.
Dental Ceramics Market Overview: The global dental ceramics market is projected to have a moderate-paced CAGR of 4.9% during the forecast period.
3D Printed Clear Dental Aligners Market Outlook: The global 3D printed clear dental aligners market valuation stand at US$ 139.1 Million in 2022, and it is anticipated to expand at a CAGR of 8.4% over the forecasted years.
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