The global dental 3D printing market is forecast to reach a valuation of US$ 11.5 billion by 2030 by growing at a compound annual growth rate (CAGR) of 21.9% during the forecast period from 2022-2030.
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In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Dental 3D Printing Market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.
The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
Dental 3D printing systems, together with oral scanning, and CAD/CAM designs, help create stone models, bridges, crowns, and orthodontic appliances.
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Factors Influencing
The growing prevalence of dental diseases is the primary factor that would create profitable opportunities for market growth.
The growing demand for dental 3D printing services from healthcare bodies, including clinics and hospitals, would create favorable growth opportunities for the market in the future. The World Health Organization (WHO) estimates that around 60%-90% of schoolchildren around the world are suffering from dental cavities.
The geriatric population is more prone to get affected by dental disease. Thus, the growing geriatric population would drive the growth in the adoption of CAD/CAM technology.
Growing healthcare spending in emerging countries may facilitate the opportunities for the market players thriving in the global dental 3D printing market. Apart from that, technological advancement would be another factor fueling the market growth. In 2018, 3D Systems launched DMP Flex 100 and DMP Dental 100 3D printers.
Growing investments in the planning centers would fuel the market growth. These centers use 3D printing technology to guide dentists regarding patients’ treatments. Thus, it is forecast to lead the growth of dental 3D printed technologies.
The stringent regulatory standards may slow down the market growth during the forecast period.
Geographic Analysis
Regionally, North America holds the leading share in the global dental 3D printing market. The growing number of dental diseases would exceed the chances of regional growth. Moreover, increasing oral care expenditure, technological advancements, together with the rising demand for cosmetic surgery, would fuel the growth of the North American market for dental 3D printing.
Asia-Pacific region would witness rapid growth in the global dental 3D printing market because of the rapidly growing aging population. Apart from that, the increasing cases of dental diseases may fuel the growth of the global dental 3D printing market in the coming years. Moreover, increasing marketing and advertising leading to awareness regarding cosmetic surgeries may propel market growth. The demand for braces, clear aligners, and other dental products is forecast to increase in the coming years. As a result, it would fuel the demand for dental 3D printing technologies.
COVID-19 Impact Analysis
3D printers helped in developing COVID-19 products, including PPE and testing supplies. However, people avoided visiting dentists and hospitals as it demanded direct contact. The terror of infection declined the demand for dental 3D printing technologies.
Disruptions in the supply chain, together with import-export restrictions, hampered the market growth during the pandemic period. However, the market is forecast to grow during the analysis period because of growing health concerns.
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Competitors in the Market
Stratasys, Ltd.
Renishaw plc
Carbon, Inc.
3D Systems
Formlabs
Concept Laser GmbH
EnvisionTEC
SLM Solutions Group
DWS Systems
Prodways Group
EOS GmbH
Other prominent players
Market Segmentation
Dental 3D Printing Market, By Product & Service
Services
Materials
Plastics
Metals
Other Materials
Equipment
Dental 3D Printers
Dental 3D Scanners
Dental 3D Printing Market, By Technology
Vat Photopolymerization
Stereolithography
Digital Light Processing
Fused Deposition Modeling
Selective Laser Sintering
PolyJet Printing
Dental 3D Printing Market, By Application
Prosthodontics
Orthodontics
Implantology
Dental 3D Printing Market, By End User
Dental Laboratories
Dental Hospitals & Clinics
Dental Academic & Research Institutes
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Dental 3D Printing Market, by Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
What are the aspects of this report that relate to regional analysis?
The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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