Stratasys Ltd. (US) and 3D Systems Corporation (US) are Leading Players in the Dental 3D Printing Market
The global Dental 3D Printing market is projected to reach 6.7 billion in 2028 from USD 3.0 billion in 2023, at a CAGR of 17.5% between 2023 and 2028.
The key factors driving the growth of the Dental 3D Printing market include high incidence of dental caries and other dental diseases, the rising demand for cosmetic dentistry. On the other hand, the rising number of large dental practices, and an unfavorable reimbursement scenario impede market growth.
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Major players take to inorganic strategies, like acquisitions, collaborations, integrations, and partnerships, and organic strategies, like expansions and product launches to grow in the Dental 3D Printing market.
STRATASYS LTD. (US)
Stratasys accounted for the largest share of the dental 3D printing market in 2022. The company’s strong foothold in the market is primarily due to factors such as advancements in the technological platform for 3D printing equipment, the introduction of improved materials, increased adoption of additive manufacturing solutions, and the adoption of desktop systems to penetrate untapped addressable markets.
The company’s acquisition of the additive manufacturing materials business of Covestro AG in April 2023, which includes R&D facilities and activities, global development and sales teams across Europe, the US and Asia, a portfolio of approximately 60 additive manufacturing materials, and an extensive IP portfolio comprised of hundreds of patents and patents pending, is expected to further improve its position in the Dental 3D Printing market.
3D SYSTEMS CORPORATION (US)
3D Systems Corporation is a leading player in the dental 3D printing market in 2022. The company offers a wide range of 3D dental printing solutions from entry-level printers to mid and large-platform batch 3D printers, enabling rapidly scalable dental workflows. The company’s strong focus on providing unique and highly specialized products to meet its customer needs with optimal cost and performance outcomes has established the company in this market. The company also focuses on product launches to strengthen its presence. In the past three years, the company has launched several new products in the market. In May 2023, the company entered into an agreement to acquire Wematter Gravity (Sweden), which provides an affordable, turnkey SLS solution to the market. This was aimed at further expanding 3D Systems’ Selective Laser Sintering (SLS) portfolio.
SLM SOLUTIONS GROUP (GERMANY)
SLM Solutions Group is a leading player in the dental 3D printing market in 2022. The company serves a wide range of customers in the aerospace, automotive, tooling, energy, medical, and dental industries. The company has a strong presence in Europe, the US, the Asia Pacific, and other countries across the globe.
Related Reports:
Dental 3D Printing Market by Product & Service (Services, Materials, Plastics, Metals, Equipment), Technology (Stereolithography, LCD, FDM, SLS), Application (Prosthodontics, Orthodontics), End User (Dental clinics & hospitals) - Global Forecasts to 2028
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