New Report Examines the Dental 3D Printing Market worth at a CAGR of 23.2%
Posted by Kriti on July 12th, 2019
The dental 3D printing market is expected to reach USD 5.06 billion by 2023 from an estimated USD 1.78 billion in 2018, at a CAGR of 23.2%.
The Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Dental 3D Printing Market, along with revenue estimates & forecasts and market share analysis.
Market growth can be attributed to the increasing adoption of the dental 3D printers in dental hospitals and clinics, the significant increase in the geriatric population, and increasing disposable income is leading to the increased dental expenditure resulting in the utilization of digital dentistry.
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Dental 3D Printing Market segmentation:
The Major Players Opearting in the Dental 3D Printing Market:
Key players in the Dental 3D Printing Market include 3D Systems (US), Stratasys (US/Israel), Renishaw (UK), Roland DG (Japan), SLM Solutions (Germany), EnvisionTEC (Germany), DENTSPLY Sirona (US), Straumann (Switzerland), Formlabs (US), Prodways Group (France), EOS (Germany), Rapid Shape (Germany), DWS (Italy), Planmeca (Finland), Kulzer GmbH (Germany), Ultimaker (Netherlands), Dental Wings (Canada), Carbon (US), and Asiga (Australia).
Stratasys (US & Israel) was the leading player in the global Dental 3D Printing Market.
The company primarily focuses on product innovation and product launches as its key business strategy to sustain its leadership position in the global 3D printing market. For instance, the company launched its J700 Dental 3D Printing System in 2017. Additionally, in order to ensure its future growth, the company adopted strategies such as partnerships, agreements, mergers, and acquisitions to strengthen its product portfolio and customer base and expand its presence across various regions.
Geographical Detailed Analysis for Dental 3D Printing Market:
North America is the largest regional segment in the Dental 3D Printing Market followed by Europe and Asia Pacific.
The large share of the North American market can be attributed to high and growing incidence of dental caries and tooth loss (associated with the aging population), high oral care expenditure, development of 3D printing technologies offering high accuracy and reduced time for printing, increasing demand for cosmetic dentistry, and rising popularity of digital dentistry.
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About the AuthorKriti
Joined: July 3rd, 2019
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