Dental 3D Printing Market Share, Industry Size, Opportunity, Analysis, Forecast 2023-2033

News Jun 24, 2024 6 Add to Reading List

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The global dental 3D printing market is projected to reach USD 3 billion in 2023 and accelerate at an astonishing CAGR of 22% from 2023 to 2033, ultimately achieving a valuation of USD 21.9 billion by 2033.

The dentistry sector has significantly increased its use of 3D printers in recent years. The growth of in-house dental 3D printing, the rapid development of the digital dentistry industry, and the rising demand for 3D printed products are key drivers of this market expansion. In dentistry, 3D printing is a cutting-edge technique that produces high-quality and precise dental products.

Dental 3D printing is both cost-effective and time-saving for patients and practitioners. The market is expected to grow steadily from 2023 to 2033, driven by the rising prevalence of dental diseases and the increasing demand for high-quality dental products.

According to a 2022 study by the World Health Organization, approximately 3.5 billion people worldwide suffer from chronic dental diseases, with middle-income countries accounting for three out of every four cases. An estimated 2 billion people globally have permanent tooth decay, and 514 million children suffer from initial tooth decay.

The growing demand for aesthetic dentistry is fueled by an increasing focus on physical appearance and improving living standards. Dental 3D printing is expected to experience robust growth due to the rising incidence of oral disorders such as gum diseases, tooth decay, and tooth loss resulting from unhealthy lifestyles.

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Based on application, the fused deposition modeling (FDM) segment is expected to be the most significant from 2023 to 2033. The widespread use of FDM in dentistry is due to the availability of a diverse range of solid, biocompatible, and sterilizable thermoplastic materials. This method is effective and popular for creating complex forms and designs.

Regionally, North America is projected to dominate the global digital 3D printing market in the coming years. Key drivers include robust government support for high-quality healthcare in the USA and Canada, along with the high purchasing power of consumers in these countries. Additionally, the growing population of edentulous individuals and the availability of favorable reimbursement policies contribute to the market's success in North America.

Key Takeaways:

North America is expected to hold a 35% share of the global dental 3D printing market between 2023 and 2033.
The United States is projected to maintain a significant portion of the global market during this period.
The United Kingdom and Germany are anticipated to grow at steady CAGRs in the coming years.
In terms of technology, vat photopolymerization is set to account for 50% of the global market.
By application, dental implants are estimated to represent a substantial share of the global dental 3D printing market.

Growth Drivers:

The dental 3D printing industry is expected to gain from improvements in software programs and computer technology, such as computer assisted design.
With the aid of the dental 3D printing process, dentists can quickly and accurately create dental models, and this is expected to drive demand.
Increasing demand for personalized dental treatments is likely to stimulate the sales of dental 3D printing solutions.

Restraints:

Dental 3D printing's expansion is set to be hampered by lack of competent labor force due to dearth of specific training.
As lead times increase, the pace of 3D printing drastically decreases, with completed components taking days or weeks to produce.

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Competitive Landscape:

To meet the evolving demand for dental printing services and solutions, leading dental 3D printing solution providers are focused on maintaining high product standards while continuously innovating. Prominent players are also forming strategic partnerships with other industry leaders to bolster their market positions.

For instance:

In January 2022, Formlabs introduced the next-generation Build Platform 2, along with Form 3+ and Form 3B+. This platform uses proprietary quick-release technology and a flexible printing area to quickly remove parts from the build platform.
In December 2020, Stratasys Ltd., a pioneer in 3D printing solutions, launched the Stratasys Origin® One Dentistry, the latest addition to its expanding line of 3D printing products for the dental sector. This large-format printer, the second to result from Stratasys' acquisition of Origin in December 2020, represents a significant step in Stratasys' goal to become the market leader in polymer 3D printing for production.

Key Companies Profiled by Fact.MR