The global dental 3D printing market is expected to grow at a compound annual growth rate (CAGR) of 19% from 2023 to 2029, reaching a value of $8.1 billion by 2029, up from $2.9 billion in 2023. This rapid growth is being fueled by rising demand for cosmetic dentistry and preventive dental care, according to a new study from MarketsandMarkets.
Digitally fabricated dental prosthetics like crowns, bridges and dentures made using 3D printing offer superior fit and comfort compared to traditional methods. Additionally, 3D printing enables advanced applications like implant-supported restorations, surgical guides and custom splints to become more accessible. These advantages, along with rising awareness of 3D printing in dentistry, are significant drivers predicted to propel market expansion over the next five years.
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Currently, the application segment generating the highest revenue is prosthodontics - comprising digitally designed and printed replacements for missing teeth. The exceptional precision of fit achievable with 3D printed prosthetics enhances patient satisfaction by reducing adjustments and follow-up appointments. Further gains in efficiency and productivity stem from eliminating physical impressions and streamlining work flows. MarketsandMarkets anticipates prosthodontic applications will demonstrate the greatest CAGR moving forward due to these benefits.
Geographically, the Asia Pacific region is primed to undergo the most rapid rate of growth in the dental 3D printing industry. Government promotion of preventive oral healthcare in countries like India and China is improving access and affordability. Large aging populations are also driving higher demand for tooth replacement and restoration solutions. As rising incomes enable greater healthcare spending across APAC countries, analysts forecast the confluence of these socioeconomic factors will maintain the region's preeminent expansion of the dental 3D printing market through 2029.
However, significant barriers persist in the form of high printer costs and strict regulatory requirements for materials interacting with the human body. Dental businesses attempting to adopt 3D printing technology may struggle against market pressures to keep prices competitive - while also facing increased costs for specialized equipment, materials and skilled labor. Successfully overcoming these restraints will determine which companies are poised to gain market share as the industry matures over the next five years.
SOURCE:https://www.marketsandmarkets.com/Market-Reports/dental-3d-printing-market-258228239.html