DENTAL 3D PRINTING DEVICES MARKET ANALYSIS

Market Challenges And Opportunities

Key Developments

1. Key players in the market are focused on various business strategies such as gaining regulatory certification from authorities, in order to enhance their market presence. For instance, in January 2019, HanYang Technologies received China Customized Medical Device Certification Approval (CFDA) with EnvisionTEC 3D for dental aligner MYDEMAK.
2. Key players in the market are focused on various business strategies such as mergers and acquisitions, in order to enhance their market presence. For instance, Javeline Technologies, a reseller of CAD design software and Cimetrix Solutions merged to form industrial 3D printing solutions.
3. Key players in the market are focused on various business strategies such participation in conferences and events, in order to showcase their novel products and enhance market presence. For instance, in February 2018, Stratasys demonstrated its new Object260 Dental 3D Printer at LMT Lab Day Chicago 2018, held at Chicago, U.S.

Fragmented Market

The global dental 3D printing devices market is highly fragmented, owing to the participation of many established and emerging players in the dental imaging market. Various players in the dental 3D printing devices market are integrating proprietary technologies of 3D printing to develop with novel products and product advancements in order to differentiate their offerings. For example, 3D System Corporation projet 3510 MP would use 3Shape Implant Studio, which includes implant planning and surgical guides for the patient that benefits the patients by reducing chair time and provides digital accuracy by reducing manual errors. The combination is expected to manufacture fully functional dental implants. Some of the major players involved in the dental 3D printing devices market are EnvisionTEC, Javelin Technologies, Formlabs Inc., 3D Systems GMBH, Stratasys, Prodways, Roboze, and ASIGA.

Increasing influx of dental tourists and cost-effectiveness of 3D printed devices to fuel market growth

Developed economies such as the U.S., U.K., Germany, and France experience high rate of adoption due to better healthcare facilities and easy availability in these countries.  As per the report of the American Academy of Periodontology, in 2012, around half of the adult population in the U.S. suffered from gum disease, of which 47.2% were reported to be suffering from periodontitis. This number is expected to increase significantly over the forecast period, owing to increasing changes in lifestyle and growing geriatric population Increasing number of dental clinics and hospitals and growing number of experienced dental practitioners in Asia Pacific region, supplemented by rising influx of dental tourists is expected to significantly boost growth of the dental 3D printing devices market in these regions.

Devices with comprehensive range of features

Companies are focusing on launching new devices to the market with advanced features and technology to provide better imaging facilities to the practitioners for service, for instance, GE Healthcare are prepared to utilize 3-D printing technology in ultrasound probes previously used in medical services for diagnosing the health of a fetus, although now the technique is useful where any type of noninvasive inspections are being carried out. Furthermore, in March 2015, Germany-based Bego launched a new system with a unique cartilage system that allow multiple materials to be used at the International Dental Show. In May 2016, Planmeca launched a new 3D printer with powerful 3D features that fulfills demands of cheap and high quality image of additive manufacturing in healthcare.