Dental 3D Printing Market to Get Inspired by Better Scope for Innovations
The Global Dental 3D Printing Market is showing promising signs to attain a CAGR of 24.5 % over the review period of 2018–2023. 3D printing is a technology that incurs less cost, produces less wastage, and can be more precise than the traditional patterns. Dental 3D printing is also taking benefits of such activities by producing 3D models for surgical guides, dentures, crown, dental implants, and bridges.
Market Research Future (MRFR) claimed that a lot of factors play in favor of this market. For instance, people becoming aware of various procedures, lowering of procedural cost, less time-consuming methods, better technological support, and other factors are expected to take the global market for dental 3D printing market ahead. However, stringent regulatory implementations can prohibit the natural growth rate of the market.
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A number of market players are expected to promote significant strategic moves in the coming years to ensure that the global market for dental 3D printing grows properly. On the other hand, these moves solidify their personal claims in the market. MRFR made a detailed survey of a few companies to understand the reasons behind their move and what impact those moves are going to have on the market. These companies are EnvisionTEC, Inc., Stratasys Ltd., 3D Systems, Inc., Renishaw Plc., Formlabs, DWS Systems, Carbon, Inc., Prodways Group, SLM Solutions GroupEOS GmbH Electro Optical Systems, Concept Laser GmbH, Asiga, Rapid Shape GmbH, and Roland DG.
In September 2019, 3D printing firm Voodoo announced that their Brooklyn factory in New York can produce 20,000 dental aligners every month with the help of dental 3D printing.
The global market report for dental 3D printing covers grounds on the basis of product & service, application, technology, and end-user.
By product & service, the market for dental 3D printing can be segmented into materials, equipment, and services. The equipment segment includes dental 3D scanners and dental 3D printers. The materials segment covers metal, plastic, and other materials.
By technology, the market for dental 3D includes vat Photopolymerization, selective laser sintering, polyjet technology, fused deposition modeling, and other technologies. The vat Photopolymerization segment comprises stereolithography and digital light processing.
By application, the market for dental 3D printing includes orthodontics, prosthodontics, and implantology.
By end-user, the market report on Dental 3D Printing Market comprises dental hospitals & clinics, dental academic, dental laboratories, and research institutes.
The region-specific take on the market for Dental 3D Printing Market Share would see the Americas taking the lead, and their expected CAGR would ensure the dominance remains the same in the coming years. The region has two segments North and South America. Of these two South America may find the growth slackening, while North America would enjoy the presence of the US and Canada. These two countries are known for their expenditure capacity, better market percolation owing to high technological backup, providence for healthcare expenditures, growing net worth of individuals, better exposure to dentistry and others are expected to make sure the market grows significantly.
Europe has the potential to claim the second spot and is witnessing significant cases of dental surgeries. Major market players are deemed to contribute notably. It also shares similar features with that of North America. Hike in disposable income, better exposure to novel technologies, and others are expected to make the market gain substantially.
The APAC market is showing strong potential owing to the huge population who are now enjoying the bliss of having financial backup. The growing influence of social media and entertainment is leading the youngsters towards dental surgeries, which is consequently promoting the global market as well. The Middle East & Africa market may find growth to be a bit difficult due to a lack of development and technical knowledge.
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