DENTAL RAPID PROTOTYPING SYSTEMS MARKET ANALYSIS (2020-2027)

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DENTAL RAPID PROTOTYPING SYSTEMS MARKET ANALYSIS
(2020-2027)

• Dental Rapid Prototyping Systems Market, by
  Product Type (Rapid Prototyping 3D Printer and
  Rapid Prototyping Software), by Application
  (Veterinary Clinic, Hospital, Dental Clinic, and
  Others), and by Region (North America, Latin
  America, Europe, Asia Pacific, Middle East, and
  Africa) - Size, Share, Outlook, and Opportunity
  Analysis, 2020 - 2027

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• Technological advancements in the field of
  dentistry has revolutionized the way dental
  procedures are performed. Rapid dental
  prototyping is a type of computer aided
  manufacturing, which makes physical objects from
  computer generated data. The technological
  advancements in dental care and treatment are
  expected to drive growth of the global dental
  rapid prototyping systems market. Key players in
  the market have lucrative growth opportunities
  due to rising penetration of dental 3D printers
  in emerging economies such as India and China.

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• According to a study published in the Journal of
  Oral Research and Review in 2017, the emergence
  of advanced digital technologies has opened up
  new perspectives for production and design in the
  field of dentistry. Rapid prototyping or RP is a
  technique to automatically and quickly construct
  a 3D model of a product. In dentistry, RP helps
  in constructing dental models to provide precise
  products and treatment for patients. The dental
  rapid prototyping has various applications such
  as fabrication of implant surgical guides, molds
  for metal castings, zirconia prosthesis,
  frameworks for removable fixed partial
  dentures, dental prosthesis with wax pattern,
  maxillofacial prosthesis, and complete denture.

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• The increasing number of cases of tooth decay and
  unhealthy eating habits are expected to drive the
  global dental rapid prototyping systems market
  growth during the forecast period. For instance,
  according to the World Health Organization (WHO),
  around 2.3 billion people worldwide suffered from
  caries of permanent teeth in 2017. In most of the
  middle- and low- income countries, with changes
  in living conditions and growing urbanization,
  the prevalence of oral diseases is constantly
  increasing.

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Dental Rapid Prototyping Systems Market - Impact
of Coronavirus (Covid-19) Pandemic

• Dental rapid prototyping systems market is hugely
  affected due to the outbreak of COVID-19. It is
  becoming difficult to deliver dental care due to
  restrictions for travel due to the pandemic
  crisis. Moreover, dental care providers need to
  be prepared to tackle any impending infectious
  disease challenge such as the deadly coronavirus.
  However, it is predicted that the dental rapid
  prototyping systems market will regain its
  position after the COVID-19 chaos when several
  restrictions are lifted by governments.

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• The all-inclusive version of the report will
  include the impact of COVID-19 and the probable
  changes in the future outlook of the industry, by
  taking into account the technological, social,
  political, and economical parameters.
• The dental rapid prototyping systems market is
  estimated to be valued at US 1,824.9 million in
  2020 and is expected to rise at a CAGR of
  21.8 during the forecast period (2020-2027).

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Figure 1. Global Dental Rapid Prototyping Systems
Market Share () Analysis, By Product Type, 2020
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• An increase in the number of mergers
  acquisitions and product launches is expected to
  propel growth of the dental rapid prototyping
  systems market
• Key players in the market are involved in mergers
  acquisitions to develop technologically
  advanced products and launch them in the dental
  rapid prototyping systems market. The product
  launches in the industry are expected to
  significantly boost the market growth and create
  lucrative growth opportunities for the global
  market during the forecast period.

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• For instance, in January 2017, 3D Systems
  Corporatio n announced the acquisition of
  Vertex-Global Holding B.V, a worldwide provider
  of dental materials under NextDent and Vertex
  brands. Through this acquisition, the advanced 3D
  printing materials of NestDenta and 3D Systems
  groundbreaking platform provide a strategic
  foothold in the digital dentistry market
  opportunity.
• Furthermore, key industry players are also
  launching rapid prototyping software, which is
  helping the dental rapid prototyping systems
  market to grow exponentially. For instance, in
  December 2019, Benco Dental launched the practice
  management solution, which is powered by Open
  Dental software. It is a total practice
  management solution scalable for any practice
  size for dental offices. Open Dental is specially
  designed by dentists and is available through
  Benco Dental, the largest independent dental
  distributor in the U.S.

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Dental Rapid Prototyping Systems Market -
Restraints 

• However, high cost associated with dental rapid
  prototyping systems coupled with lack of skilled
  professionals to handle such systems is expected
  to hamper growth of the dental rapid prototyping
  systems market. Dental rapid prototyping is
  considered to be a difficult process, as it
  demands a high level of artistic skill and
  requires knowledge of dental techniques. Slow
  penetration of such advanced systems in rural
  areas of regions such as Africa and Asia Pacific
  will limit the development of this market over
  the forecast period.

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Dental Rapid Prototyping Systems Market
Regional Analysis

• North America accounted for the largest share in
  the global dental rapid prototyping systems
  market in 2019, owing to the increasing focus of
  key players on technological advancements and
  product launches in the market. For instance, in
  January 2019, a Boston-based manufacturer of 3D
  printers, Formlanbs, launched resins for dental
  prosthetics and rapid prototyping at the Consumer
  Electronics Show (CES), Las Vegas. Elastic Resins
  is one of the first new and softest resins by
  Formlabs, which is specially designed for rapid
  prototyping of silicone parts. Digital Denture is
  the second resin by the company, which is
  developed for available direct printed dental
  prosthetics.

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• Moreover, adoption of acquisition and
  collaboration strategies by key players to
  introduce advanced dental products and materials
  is contributing to growth of the dental rapid
  prototyping systems market. For instance, in
  January 2019, Dentsply Sirona entered into a
  strategic collaboration with Carbon Partner to
  revolutionize the digital denture materials. The
  aim of this collaboration was to deliver
  groundbreaking denture materials for Carbon
  Partners digital 3D printing solutions.

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• Furthermore, Asia Pacific is also expected to
  witness significant growth in the global dental
  rapid prototyping systems market, owing to
  initiatives taken by key players. Companies such
  as NSK Nakanishi and others offer dental rapid
  prototyping systems and products in Japan.
  Moreover, growing popularity of digital dentistry
  and advancements in 3D scanning and equipment in
  the Asia Pacific region is expected to drive the
  regional market growth during the forecast period.

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• Figure 2. Global Dental Rapid Prototyping Systems
  Market Value (US Mn) Y-o-Y Growth (),
  2017-2027

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Dental Rapid Prototyping Systems Market -
Competitive Landscape

• Key players operating in the global dental rapid
  prototyping systems market include 3M, A dec,
  Inc., AMD LASERS, BIOLASE Technology, Inc.,
  Dentsply Sirona, Carestream Health, Inc., Danaher
  Corporation, KaVo Dental, Gendex Dental Systems,
  DCI International, Gnatus International Ltda.,
  Marus Dental International, Hu-Friedy Mfg. Co.,
  LLC, Midmark Corporation, Ivoclar Vivadent
  Aktiengesellschaft, NSK Nakanishi, Inc.,
  Ultradent Products, Inc., Young Innovations,
  Inc., and Planmeca Oy.

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