According to the report, the global dental 3D printing market was valued at US$ 1.3 Bn in 2020 and is projected to expand at a CAGR of ~9% from 2021 to 2031.
Albany NY, United States: 3D Printing Market: Introduction
According to the report, the global dental 3D printing market was valued at US$ 1.3 Bn in 2020 and is projected to expand at a CAGR of ~9% from 2021 to 2031. Dental 3D printing is a technique used to find new ways to fix broken teeth and make flossing easier. Dental 3D printers need to be quite precise. Major factors expected to drive the global dental 3D printing market during the forecast period include increase in the global geriatric population, rise in prevalence of dental issues, and growth in awareness about the advantages of the 3D printing technology in dental practices.
North America held major share of the global dental 3D printing market in 2020, due to the presence of large population suffering from dental issues, rise in adoption of polymer-based dental products, and increase in research funding for dental 3D printers in the U.S. The dental 3D printing market in Asia Pacific is expected to expand at a high CAGR of 9.5% from 2021 to 2031, due to rise in number of elderly patients and increase in launch of dental 3D printer products by key players in the region. This is likely to drive the demand for technologies for dental 3D printing in emerging countries such as India and China.
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Advent of New Technology across Globe to Drive 3D Printing Market
The global rise in the prevalence of dental disorders such as tooth loss, decay, malocclusion, and periodontal diseases; and more emphasis on esthetics are fueling the demand for dental implants, crowns & bridges, and dentures. Advancements in technology and development of new software enable dentists to produce rapid, smooth, and precise dental models with enhanced efficiency. This also helps provide a seamless dental 3D printing workflow. As a result, technical progress is vital for the growth of the global dental 3D printing market. New technologies are being employed to efficiently create dental products of high quality by using minimal resources and limited labor hours.
In April 2019, Formlabs, Inc. announced the launch of two new advanced professional Low Force Stereolithography (LFS)- based 3D printers: Form 3 and Form 3L. In February 2018, 3D Systems, Inc. launched NextDent 5100, a Figure 4-based SLA 3D printer specifically designed for dental labs; and FabPro 1000, a low cost, high productivity DLP-based 3D printer used for dental applications. Thus, advancements in dental 3D printers are expected to fuel the demand for dental treatment. This is anticipated to boost the global dental 3D printing market in the near future.
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Vat Photopolymerization Dominated Dental 3D Printing Market
In terms of technology, the global dental 3D printing market has been classified into vat photopolymerization (stereolithography and digital light processing), fused deposition modeling, polyjet technology, selective laser sintering, and others. The vat photopolymerization segment dominated the global dental 3D printing market in 2020. This trend is projected to continue during the forecast period. Increase in usage of digital light processing for photopolymerizing materials, owing to its low cost, high resolution, and faster print times are projected to drive the segment over the next few years.
Photopolymer to Witness High Demand
In terms of material, the global dental 3D printing market has been segmented into metals, photopolymer, ceramic, and others. The photopolymer segment accounted for a major share of the global dental 3D printing market in 2020. The segment is projected to register highest market attractiveness index by 2031. The growth of the segment can be ascribed to properties of photopolymer such as excellent strength, durability, low cost, and biocompatibility. The metals segment is anticipated to expand at a rapid CAGR during the forecast period, owing to increase in adoption of metal 3D printers in the direct manufacture of dental prosthesis using biocompatible cobalt chrome powder.
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Crowns & Bridges to be Main Application
In terms of application, the global dental 3D printing market has been categorized into dental implants, dentures, crowns & bridges, and others. The crowns & bridges segment held a major share of the global dental 3D printing market in 2020. Rise in the number of orthodontic cases, increase in the focus on esthetics, and growth in edentulous elderly patient pool across the globe are projected to propel the demand for crowns and bridges in the near future.
Dental Clinics and Labs to be Key End Users
Based on end user, the global dental 3D printing market has been divided into dental clinics & labs, dental academic & research institutes, and others. Increase in dental patient population and presence of expertise to utilize 3D printing techniques for dental procedures are some of the factors estimated to propel the dental clinics & labs segment during the forecast period.
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North America to Dominate Global Market; Asia Pacific to Offer Significant Incremental Opportunities
In terms of region, the global dental 3D printing market has been segregated into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is projected to account for leading share of the global dental 3D printing market during the forecast period, owing to increase in the number of patients suffering from dental issues and adoption of digital dentistry by dental labs in the region.
According to the American College of Prosthodontists (ACP), currently, 23 million individuals in the U.S. are wholly edentulous, while another 12 million are edentulous in one arch. Every year, approximately 15 million people in the U.S. receive crown and bridge replacements for missing teeth. This is likely to drive the market in North America in the near future. Dental caries has become the leading cause of dental diseases in North America. It is expected to continue to rise in the near future, as the population ages and people lead unhealthy lifestyles. The American Dental Association states that the number of children receiving dental care has been rising. This is prompting private and public sectors to provide insurance coverage policies for dental treatment.
The dental 3D printing market in Asia Pacific is projected to expand at a rapid pace in the near future. India, China, and South Korea are expected to be lucrative markets, owing to establishment of new distribution channels and rise in awareness about the benefits of 3D printing technology in dental practice in these countries.
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Growth Strategies of Key Players
Key players operating in the global dental 3D printing market are EnvisionTEC, Inc., 3D Systems, Inc., Renishaw plc., SLM Solutions, Formlabs, Inc., Stratasys Ltd., DWS S.r.l., Prodways Group, Asiga, Carbon, Inc., DSI Ltd., TRUMPF, Keystone Industries, Zortrax S.A., SprintRay, Inc., Dentsply Sirona, General Electric Company, Rapid Shape GmbH, and Roland DG Corporation. These companies engage in research & development activities to develop novel products in order to expand product offerings and customer base. In July 2019, DSI Ltd. launched DSI Alyoss, which is an allograft material. DSI Alyoss is composed of cortical and cancellous bone, and is available in the form of ready-to-use syringe. It is harvested from sections of the ilium and then placed into several particulate sizes, which results into a unique mix. In this blend, the cancellous bone’s porous architecture provides a scaffold, which promotes osteoconduction and accelerates the revascularization, while the cortical component delivers lamellar structure, possessing density and strength relatively similar to that of the original bone.
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