Market
Scenario:
The global dental
3D printing market is expected to grow significantly over the forecast period.
It is estimated that the global dental 3D printing market is expected to
register a CAGR ~ 24.5 % during the forecast period of 2018–2023. Dental 3D
printing is a form of modern dentistry and is considered to be wide-spreading
in the dental industry. Dental 3D printing involves creating three dimensional
solid dental models such as dentures, surgical guides, dental implants, crown,
and bridges.
Numerous factors
are anticipated to drive the growth of this market such as high incidence of
dental caries and other dental diseases, growing demand for cosmetic dentistry,
increasing geriatric population, and growing adoption of dental 3D printers in
dental hospitals and clinics. According to the Centers for Disease Control and
Prevention, for the year 2015–2016, the prevalence of total dental caries was
45.8%, and the prevalence of untreated caries was 13.0% among group 2–19 years.
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Despite the drivers, factors such as unfavorable
reimbursement scenario and stringent regulatory process for the approval of 3d
printing equipment may hamper the growth of the market during the assessment
period.
Segmentation
The
global dental 3D printing market has been segmented into product and service,
technology, application, and end-user.
The
market on the basis of product and service has been segmented into equipment,
materials, and services. The equipment segment has been segmented into dental
3D scanners and Dental 3D printers. The materials segment has been segmented
into plastic, metal, and other materials.
The
market on the basis of technology has been segmented into vat
Photopolymerization, fused deposition modeling, polyjet technology, selective
laser sintering, and other technologies. The vat Photopolymerization has been
further segmented into stereolithography and digital light processing.
The
market, by application, has been segmented into prosthodontics, orthodontics,
and implantology.
On
the basis of end-user, the market has been segmented into dental laboratories,
dental hospitals and clinics, dental academic and research institutes.
The
market has been segmented, by region, into the Americas, Europe, Asia-Pacific,
and the Middle East & Africa. The dental 3D printing market in the Americas
has further been segmented into North America and South America, with the North
American market divided into the US and Canada.
The
European dental 3D printing market has been segmented into Western Europe and
Eastern Europe. Western Europe has further been classified as Germany, France,
the UK, Italy, Spain, and the rest of Western Europe.
The
dental 3D printing market in Asia-Pacific has been segmented into Japan, China,
India, South Korea, Australia, and the rest of Asia-Pacific. The dental 3D
printing market in the Middle East & Africa has been segmented into the
Middle East and Africa.
Key
players
Some
of the key players in the global dental 3D printing market are Stratasys Ltd.,
3D Systems, Inc., EnvisionTEC, Inc., DWS Systems, Renishaw Plc., Formlabs,
Prodways group, SLM Solutions Group, Carbon, Inc., Concept Laser GmbH, EOS GmbH
Electro Optical Systems, Rapid Shape GmbH, Asiga, and Roland DG
Regional
Market Summary
Geographically,
the Americas is anticipated to dominate the global dental 3D printing market.
The market growth in this region is attributed to the increasing demand for
cosmetic dentistry, growing oral care expenditure, and the rising popularity of
digital dentistry. Moreover, the increasing incidence of dental caries and
tooth loss associated with the aging population is expected to fuel the growth
of the market in this region. According to the Health United States Report
2016, the US had spent USD 2.7 trillion on personal healthcare for an average
of USD 8,468 per person in 2015.
Europe
is expected to be the second largest market in the globe owing to the
increasing number of dental problems, increasing government expenditure for
oral care, the presence of disposable income, growing number of people visiting
a dentist, and increasing demand for cosmetic dentistry. According to the data
by the Public Health England, in 2014, all age National Health Service (NHS)
dental treatment costs were Euro 3.4 billion.
Asia-Pacific
is anticipated to be the fastest growing market owing to the growing prevalence
of dental caries and dental related problems in the developing countries,
increasing disposable income, and growing healthcare expenditure.
The
Middle East & Africa is expected to account for the lowest market share in
the global dental 3D printing market due to low development, lack of technical
knowledge, and poor medical facilities in developing economies in this region.
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