Press release
Dental 3D Printing Market worth $8.1 billion in 2029
Dental 3D Printing Market in terms of revenue was estimated to be worth $2.9 billion in 2023 and is poised to reach $8.1 billion by 2029, growing at a CAGR of 19.0% from 2023 to 2029 according to a new report by MarketsandMarkets™. 3D printing boasts exceptional precision, capturing intricate details and smooth surfaces, ideal for prosthetics, crowns, and intricate dental models. This translates to superior fit, aesthetics, and functionality for restorations. Unlike traditional milling or casting, 3D printing enables on-demand fabrication within the dental practice, significantly reducing waiting times for patients. This enhances efficiency and improves patient satisfaction, which has led to the increasing growth of the market.Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=258228239&utm_source=Openpr&utm_campaign=Paid&utm_content=Referral
Based on dental 3D printing market end user, the dental laboratories segment is expected to grow at the highest CAGR during the forecast period.
By end user, the dental 3D printing market can be segmented into dental laboratories, dental hospitals & clinics, and dental academic & research institutes.
3D printing technology is revolutionizing dental laboratories, enabling faster, more precise fabrication of crowns, bridges, dentures, and implant components. This leads to shorter turnaround times, improved customization, and potentially lower costs. This segment is also expected to grow at the highest CAGR during the forecast period.
The prosthodontics segment is expected to account for the largest share, by application in the dental 3D printing market.
Based on applications, the dental 3D printing market is segmented into prosthodontics, orthodontics and implantology. The 3D-printed prosthetics like crowns, bridges, and dentures can be fabricated with high precision, ensuring better fit and comfort for patients also digital scans generate highly detailed models, allowing for personalized designs that address individual anatomical variations. 3D printing enables the fabrication of complex prosthetics like implant-supported restorations, surgical guides, and customized occlusal splints.
"Europe is the largest regional segment in dental 3D printing market in 2024.
The region segment consists of mainly five regions including North America, Europe, Asia Pacific, Latin America, Middle East and Africa and GCC Countries. Asia Pacific is seen with highest CAGR during the forecast period of 2024 to 2029. Patients in Asia Pacific are increasingly seeking customized solutions for their dental needs, and 3D printing offers the ability to create highly personalized prosthetics, restorations, and other devices which is expected to drive the market growth in Asia Pacific.
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Dental 3D Printing Market Dynamics:
Drivers:
1. Rising demand for cosmetic dentistry and preventive dental care
Restraints:
1. High cost of dental 3D printers
Opportunities:
1. Potential for growth in emerging countries
Challenge:
1. Stringent regulatory requirements for dental 3D printing equipment and materials
Key Market Players of Dental 3D Printing Industry:
Key players in the Dental 3D printing market include Stratasys Ltd. (US), 3D Systems Corporation (US), Desktop Metal, Inc. (US), DWS Systems SRL (Italy), Align Technology, Inc. (US), Formlabs (US), Prodways Group (France), SLM Solutions Group AG (Germany), Carbon, Inc. (US), GE Additive (Germany), EOS GmbH (Germany), Rapid Shape GmbH (Germany), Asiga (Australia), Roland DG Corporation (Japan), DENTSPLY Sirona (US), SprintRay Inc. (US), Zortrax (Poland), Detax Ettlingen GmbH (Germany), DMG America (US), 3Dresyns (Spain), Micron Dental (US), Amann Girrbach AG (Austria), Carima (South Korea), Planmeca OY (Finland), and Shenzhen PioCreat 3D Technology Co., Ltd. (China). Among other developments, these companies adopted strategies such as partnerships, collaborations, agreements, integrations, acquisitions, product launches, and expansions, to strengthen their presence in the dental 3D printing market.
A breakdown of the primary participants (supply-side) for the dental 3D printing market referred to for this report is provided below:
By Company Type: Tier 1-30%, Tier 2-35%, and Tier 3-35%
By Designation: C-level-27%, Director Level-38%, and Others-35%
By Region: North America-30%, Europe-25%, Asia Pacific-20%, Latin America- 20%, Middle East & Africa-5% ,GCC Countries-3%.
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MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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