Global dental 3D printing market would witness a whopping 2.6X growth over the forecast period (2020-2027).
Rockville, United States – December 10, 2019 /MarketersMedia/ —
Digitization has disrupted the conventional approach in every sector including dentistry. Digital dentistry is the boon of modern era. Medical professionals and technicians in the field of dentistry are inculcating it into their practice. Digital dentistry has largely benefitted 3D printing segment and its manufacturers by generating new lucrative opportunities in customized 3D printing. The potential to customize dental models like bridges, implants, crowns and dentures aid in attaining an enhanced outcome with patients which in turn, propels the global dental 3D printing market. Demand for dental prosthetics is on the rise owing the varied macroeconomic factors such as unhealthy eating habits that lead to several dental conditions including loss of tooth and tooth decay.
North America dominates market
Recent Fact.MR report predicts humongous growth in global dental 3D printing market during the forecast period 2020-2027 which will be 2.6 times the current market size. Regionally, North America dominates the dental 3D printers market and is expected to own 40% of the total market during the forecast period owing to the dental insurance plans that are favorable for the consumers. Affordable dental procedures contribute immensely in expanding the customer base. Manufactures in the dental segment are embracing 3D printing technology to gain greater penetration in market. Expanding the number of dental care centers is one of the primary strategies to strengthen the foothold in any region.
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Asia Pacific is the other significant region in 3D printing market with many regions including Japan, Australia and China generating attractive opportunities. Different factors including favorable foreign investment policies and cheap dental operations in these countries attract the global leaders. Major stake holders are strategizing to attain significant market positon in these regions of Asia Pacific.
Costly 3D printers are unaffordable
The consumer segment of aesthetics dentistry is expanding and millennials have joined the old age population. They are keen to get aesthetics improvement as they connect the dental appearance with their self-esteem. Key players in the market are focused to find quick solutions for dental procedures that help in personality improvement. Shaded printing material has gaining popularity with the increasing consumer inclination towards natural-looking teeth. Tooth Shaded printing materials are the latest entrant into the market to develop natural dental models with precise details.
Although the dental 3D printing market is progressing at fast pace, it faces challenges in terms of costly dental 3D printers and unavailability of skilled professionals which cumulatively inhibit the market growth. Manufacturers are adapting to the rapidly evolving 3D printing technology to broaden their product portfolio. They are investing in R&D activities to attain expertise in neoteric technologies like selective laser sintering technology. This technology is known for its high accuracy and durability which is attained using photopolymerisation technology. Incorporating new technology is very costly as it adds expenditure on metals and polymers, which ultimately makes 3D printers an unaffordable solution for dental professionals operating on small scale. To suffice the lack of expertise, manufactures have come up with customer support for dental professionals.
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