2023-05-30 19:24:37
According to recent research by Smartech Analysis, 3D printing for dental applications generated around $4 billion in sales worldwide last year, making the dental market about 22% of the total AM market. Revenue is expected to grow towards $9.7 billion. The question in the sector is currently whether new players are taking over the market or not.
The Smartech researchers themselves estimate this percentage to be higher because they valued the total AM market at $12 billion last year. This is because the analysts focus on the value that dental laboratories and production centers for the dental industry generate with AM. All in all, it is an important market for the industry that will grow to $9.7 billion by 2031.
Competition drives innovation
Despite these good growth prospects, competition is fierce. Smartech Analysis notes that this competition drives technical developments. The dynamics can be seen in many examples, from seemingly small printer features that can further reduce costs or improve usability, to completely new solutions. An interesting observation is that the dental industry is undergoing a reorientation.
Are new entrants taking over the market?
Will the traditional players in 3D printing succeed in capturing the market as independent developers? Or will the established providers of dental solutions jump on the additive manufacturing bandwagon and take over from the 3D printing companies? In the market report, the analysts analyze the market as it has developed after COVID19. They also discuss how giants in the dental industry support the development, precisely the question of who will hold or gain control of the market. Companies featured in the report zijn onder andere BEGO, Dentsply Sirona, Whip Mix, DMG, Straumann, Ivoclar, 3D Systems, Stratasys, Desktop Health (ETEC), DWS, Formlabs, SprintRay, Asiga, Structo, Trumpf, EOS and EPlus.
Stratasys a Desktop Metal In the explanation of the merger plans, Stratasys and Desktop Metal also discussed the importance of the dental market for the AM industry. They speak of an opportunity to take a 5 to 80% stake in a $35 billion dollar market this decade in the US alone. They point to their position in not only printing technology, but also the materials they have developed for dental applications. Together they have developed more than 70 materials for the dental market.
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