Additive manufacturing, or 3D printing, is the technique of building three-dimensional objects layer by layer using computer-aided design. Due to its ability to create complex models using a variety of materials, 3D printing has applications in a wide range of industries, including the manufacturing, dental, aerospace, automotive, healthcare, food, and fashion sectors.
Global Dental 3D Printing Market Driving Factors and Challenges
The combination of cutting-edge 3D printing technology and a prospective footprint has given dental 3D printing dentistry a strong place in today's dental products. The creation and adoption of cutting-edge items like invisible aligners, sophisticated fabrication to create an attractive appearance, and delivery positioning are just a few of the elements driving up demand for and implementation of dental 3D printers. The dental industry has been inspired to develop products that can meet the dental needs of many individuals by the user-friendliness and simplicity of 3D printing technology. These printers will boost production while quickening fabrication. The workflow will also be digitalized, which will eliminate procedural irritation and raise client satisfaction. The market is also fuelled by the global rise in dental caries and the demand for their treatment. Therefore, factors such as rising dental caries, technological improvements, the introduction of new products, and the advantages of 3D printing technology are expected to spur market expansion throughout the projection period.
However, there are several challenges that limit the expansion of global dental 3D printing market. Due to cost restrictions, dental 3D printing capabilities may not be possible to establish in small and medium-sized laboratories. This is a significant commercial barrier because small- to medium-sized dental labs predominate. This makes installing and using such equipment challenging for laboratories that depend on federal financing (for whom procuring cash is a time-consuming process).
Many smaller dental practises may decide to use service bureaus or laboratories to outsource production because of this budgetary consideration. Furthermore, because 3D printing is a relatively recent development in the medical industry, fees associated with 3D printing procedures are sometimes not covered by health insurance. Furthermore, 3D printing materials are more expensive than conventional materials; for example, the polymer used in dental 3D printing is more expensive than the polymer used in injection moulding. As a result, for small and medium-sized end users, the overall drawbacks and costs outweigh the general utility of 3D printing, whereas larger and hospital-based laboratories can afford the costs and fully profit from 3D printers thanks to mass manufacturing.
Impact of COVID-19 on Global Dental 3D Printing Market
The supply chain for the whole medical device sector has been severely disrupted by COVID-19. The outbreak has caused a drop in the volume of procedures done annually, which has led to a general reduction in the market. Due to international limitations and the lockdown in the majority of countries, the demand for and sale of dental equipment and treatments were significantly impacted. In addition, a lot of gadget makers changed their priorities to combat coronavirus epidemics. The COVID-19 epidemic, nevertheless, has the medical device sector scrambling to recover.
Global Dental 3D Printing Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 3D Systems, Inc., Ackuretta, Asiga, Desktop Metal, Inc. (EnvisionTEC), Formlabs, GENERAL ELECTRIC, Institut Straumann AG, Nexa3D, NextDent B.V., Quoris3D, Rapid Shape GmbH, Renishaw plc., SprintRay Inc., Stratasys, Zortrax, Others.
Global Dental 3D Printing Market Segmentation:
By Technology: Based on the Technology, Global Dental 3D Printing Market is segmented as; Fused Deposition Modelling, Polyjet Technology, Selective Laser Sintering, Vat Photopolymerization, Other Technologies.
By Application: Based on the Application, Global Dental 3D Printing Market is segmented as; Impantalogy, Orthodontics, Prosthodontics.
By Product & Service: Based on the Product & Service, Global Dental 3D Printing Market is segmented as; Equipment (Dental 3D Printers, Dental 3D Scanners), Materials (Metal, Plastic, Others), Services.
By End User: Based on the End User, Global Dental 3D Printing Market is segmented as; Dental Laboratories, Hospitals & Clinics, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.