Dental 3D Printing Market in terms of revenue was estimated to be worth $3.0 billion in 2023 and is poised to reach $6.7 billion by 2028, growing at a CAGR of 17.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. Dental 3D Printing offers several advantages such as reduces inventories, limits material wastage, and provides dental professionals access to innovative designs. Reduced product development time for dental appliances, superior-quality complex parts and products, and mass personalization also add to the rising demand for dental 3D printing products and services. This has led to the increasing growth of the market.
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The dental 3D printing industry is poised for remarkable growth in the near future. As digital dentistry continues to revolutionize the field, the adoption of 3D printing technology is set to transform the way dental products and treatments are created. With advancements in materials and printers, dental professionals will have access to a wider range of biocompatible and aesthetically pleasing options for fabricating crowns, bridges, implants, and orthodontic appliances. The ability to produce highly accurate and customized dental solutions with reduced turnaround times will greatly benefit patients, providing them with faster and more precise treatments.
“During the forecast period, the materials segment is expected to be the fastest growing segment of the Dental 3D Printing market.”
Based on prodtc & service, the dental 3D printing market is segmented into services, materials, and equipment. The materials segment is forecasted to grow at the highest CAGR during the forecast period. The primary driver of this market is the increasing advancement in the field of materials and their versatility across various applications. Research is underway to develop materials for temporaray restoration, which is expaceted to contribute heavily to the growth of the segment during the forecast period.
“In 2022, by end user, dental laboratories segment held the largest share of Dental 3D printing market.”
By end user, the Dental 3D printing market can be segmented into Dental Laboratories, Dental Hospitals & Clinics, and Dental Academic & Research Institutes.
Due to increasing number of dental laboratories, the expansion of existing dental laboratories, the outsourcing of certain manufacturing functions to dental laboratories, and the rising demand for customized/fabricated solutions, the dental laboratories segment occupied the largest share of the market in 2022. This segment is also exected to grow at the highest CAGR during the forecast period.
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“In 2022, North America was the largest segment in the Dental 3D Printing market “
Based on region, the dental PMS market is segmented into five major regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa. Asia Pacific is expected to be the region with the highest CAGR from 2023 to 2028. This can be attributed to the rising dental tourism, increasing awareness about new technologies, and increasing prevalence of dental disorders.
Recent Developments:
- In May 2023, 3D SYSTEMS CORPORATION (US) entered into an agreement to acquire Wematter Gravity (Sweden), which provides an affordable, turnkey SLS solution to the market. This was aimed at further expanding 3D Systems’ Selective Laser Sintering (SLS) portfolio.
- In May 2023, Desktop Metal, Inc. (US) and Stratasys Ltd. (US, and Israel) entered into a definitive agreement to merge. This is expected to combine the polymer strengths of Stratasys with the complementary industrial mass production of Desktop Metal’s brands.
- In February 2023, Stratasys Ltd. (US, and Israel) signed an agreement with Ricoh USA, Inc. (US) to provide on-demand 3D-printed anatomic models for clinical settings. This combines the cloud-based Segmentation-as-a-Service solution from Axial3D (a Stratasys subsidiary), and precision additive manufacturing services from Ricoh into one convenient solution.
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