The global dental 3D printing market is projected to reach USD 6.5 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 28.8% during the forecast period. The dental 3D printing medical devices market is primarily driven by factors such as the high incidence of dental caries and other dental diseases, rising demand for cosmetic dentistry, the growing adoption of dental 3D printers in hospitals and clinics, and rapid growth in the geriatric population. On the other hand, the rising number of large dental practices is expected to limit market growth to a certain extent.
The global dental 3D printing market is consolidated with the presence few big players in the market. 3D Systems (US), Stratasys (US & Israel), SLM Solutions (Germany), Renishaw (UK), Roland (Japan), EnvisionTEC (Germany), Formlabs (US), and Carbon, Inc. (US) are the major players in this market. The companies are mainly focusing on product launches, expansions, partnerships, agreements & collaborations to strengthen their market presence.
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Stratasys (US/Israel) dominated the dental 3D printing market in 2019. The company’s 3D printing product portfolio includes a wide range of 3D printing systems and consumables through which it caters to the demand of various industries, including dentistry. The company also offers services associated with its 3D printing products. The company primarily focuses on product innovation and product launches as its key business strategy to sustain its leadership position in the global 3D printing market. For instance, the company launched its V650 Flex Stereolithography 3D Printer in 2019. Additionally, in order to ensure its future growth, the company adopted strategies such as partnerships, agreements, mergers, and acquisitions to strengthen its product portfolio and customer base and expand its presence across various regions.
3D Systems (US) was one of the major players in dental 3D printing market in 2019. Its wide distribution network across the globe and strong focus on providing unique and highly specialized products has established itself as one of the leading players in the global dental 3D printing market. The company incorporates a broad range of 3D printing solutions in its product portfolio, comprising desktop 3D printers, print materials, cloud-sourced custom parts, and 3D digital design and fabrication solutions. The company primarily focuses on expanding its 3D printing product portfolio in order to increase its share in the global 3D printing market. For instance, in October 2020, the company received US FDA 510(k) clearance for maxillofacial surgical guides 3D-printed using the LaserForm Ti and DuraForm ProX PA materials. Furthermore, the company also focuses on entering into distribution partnerships to strengthen its 3D printing customer base.
Related Reports:
Dental 3D Printing Market by Product (Material (Plastic, Metal), Equipment (3D Printer, 3D Scanner), Service), Technology (Stereolithography, FDM, SLS, Polyjet), Application (Prosthodontics, Implantology, Orthodontic), End-User - Global Forecast to 2025
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