LOS ANGELES, Feb. 20, 2019 (GLOBE NEWSWIRE) -- As the dental market is proving to be one of the prolific markets globally, the QY Research has come up with its latest reports on “Global Dental 3D Printing Market Analysis, 2014-2025”. The report suggests that the global dental 3D printing market was valued US$ 260 Mn in 2018 and it is expected to reach US$ 930 Mn by the end of 2025, registering at a colossal CAGR of 17% during the forecasted period of 2019 and 2025.
Global Dental 3D Printing Market: Drivers and Restraints
Dental 3D printing is used by orthodontists for dental restorations. This is relatively more recent addition to the medical devices sector and its popularity is increasing since last few years, which is creating a favorable situation for the global 3D dental printing market.
A number of companies are focusing on the technological improvements to decrease the costs and enhance the quality. The competition in the dental 3D printing market is predicted to be more intense, which is likely to create good opportunities of growth in the global dental 3D market. Global dental 3D printing market is achieving a huge growth due to the personalization and customization capabilities available due to cutting edge technologies. The material for 3D dental printing is also meeting all the necessary requirements and is made according to the medical standards, this factor is creating a positive impact on the global 3D printing market.
However, there are some factors which are hampering the growth of the market. The heavy cost of treatment and an unaffordable maintenance of the 3D printing machines are creating negative impact on the growth of the global dental 3D printing market.
Global Dental 3D Printing Market: Type and Application
The global 3D dental printing market is segmented into types and application. The type segment is further segmented into industrial 3D printer and desktop 3D printer.
On the other hand, based on the application segment, the global 3D dental printing market is segmented into the dental hospital, lab and clinic, and other medical help centers.
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Global Dental 3D Printing Market: Forecast by Region
The production regions of the global 3D dental printing market are mainly centered in Europe, North America, and Asia-Pacific. Europe and North America are leading the global 3D dental printing market due to the rising technological advancement in the region and an increasing awareness about oral hygiene among the population.
Asia Pacific is the most prominent region with a high futuristic prospect for the global 3D dental printing market. The growth of the market in this region is mostly depend on the countries such as China, and Japan.
Global Dental 3D Printing Market: Leading Players
Some of the key players operating in the global 3D dental printing market are- 3D Systems, Stratasys, DWS Systems, EnvisionTEC, Asiga, Prodways Entrepreneurs, Bego.
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