DENTAL RAPID PROTOTYPING SYSTEMS MARKET ANALYSIS (2020-2027) - PowerPoint PPT Presentation

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DENTAL RAPID PROTOTYPING SYSTEMS MARKET ANALYSIS (2020-2027)

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Title: DENTAL RAPID PROTOTYPING SYSTEMS MARKET ANALYSIS (2020-2027)


1
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  • COVID-19 Impact Tracker

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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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