Dental 3D Printing Market Growth 2023- Global Industry Share, Demand, Business Opportunities, Competition and Future Investment Strategies Till 2033: SPER Market Research.
Additive manufacturing, also known as 3D printing, is the technique of layer-by-layer building three-dimensional objects using computer-aided design. Due to its ability to create intricate models using a variety of materials, 3D printing finds applications across a wide range of industries, including the mechanical engineering, food, fashion, dental, aerospace, automotive, and other manufacturing sectors.
According to SPER market research, ‘Global 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 Global Dental 3D Printing Market is predicted to reach USD 15.15 billion by 2033 with a CAGR of 17.73%.
The rapid adoption of dental 3D printers has been attributed to a number of variables, including the rising prevalence of dental caries and other dental disorders, difficulties with traditional methods of dental product manufacturing, and an increase in demand for aesthetic dentistry. Additionally, using a variety of materials such as resins, plastics, metals, ceramics, and other materials, dental 3D printers can create highly accurate restorations, orthodontic models, dentures, aligners, crowns, retainers, bridges, as well as surgical guides. The materials and printing speed of 3D printers have advanced throughout time, and they are now able to create four to five dental crowns in less than 15 minutes. All of these elements, together with an increasing senior population worldwide, will boost market expansion in the dental 3D printing sector in the forecasted period.
However, one of the primary barriers to the uptake of additive manufacturing (AM) or 3D printing is the lack of a skilled labour force. A team with technical expertise in design and production processes is required for working with AM. One of the major barriers to the acceptance and development of additive manufacturing (AM) is the lack of qualified and experienced engineers and designers. The situation is made worse by the rapid technological and material progress in the dental 3D printing industry. There aren’t many training programmes for AM available, and the gap between academic theory and practical applications is wide and challenging to close.
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Impact of COVID-19 on Global Dental 3D Printing Market
Furthermore, the whole global supply chain for medical devices has been severely disrupted by COVID-19. An overall fall in the market has occurred as a result of the outbreak, which has decreased the number of procedures carried out annually. Due to international limitations and the lockdown in most nations, the demand for and sale of dental equipment and operations were adversely affected. The fight against coronavirus epidemics also became a top priority for many equipment manufacturers. The COVID-19 epidemic, however, has caused the medical device sector to struggle.
Global Dental 3D Printing Market Key Player
Geographically, the market was led by North America, which also contributed the largest portion of revenue. Throughout the predicted period, the region is anticipated to hold onto its position. The high purchasing power of the population, the expanding edentulous population, the availability of appropriate reimbursement policies, and the strong government backing for high-quality healthcare in the United States and Canada are all contributing factors to the region’s supremacy in the global market. Over the forecast period, Asia Pacific is also anticipated to experience the most profitable growth. Market participants are eager to invest in China and India since they are expected to drive growth in the Asia Pacific region. Additionally, some of the market key players are 3D Systems, Inc., Quoris3D, Rapid Shape GmbH, Renishaw plc., SprintRay Inc., Stratasys, Zortrax, Others.
Global Dental 3D Printing Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2032. 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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Global Dental 3D Printing Market Growth Opportunities
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