CHARLOTTESVILLE, Va., June 2, 2015 /PRNewswire/ -- In its latest study of 3D printing technology in major industries titled "3D Printing in Dentistry 2015: A Ten Year Opportunity Forecast and Analysis," SmarTech Markets Publishing has projected the value of hardware, materials, and printed components enabled by 3D printing in dentistry to reach $2 billion in 2016, rising to $3.1 billion by 2020.
For more information on the report see: http://smartechpublishing.com/reports/3d-printing-in-dentistry-2015-a-ten-year-opportunity-forecast-and-analysis
About the report:
As the only independent study of 3D printing specifically in dental markets available today, this report utilizes SmarTech's proprietary market models and analysis to evaluate opportunities related to the sale of 3D printing hardware for dental applications such as modeling and printing of restorative components or tooling.
The report also covers material revenues and demand from associated applications, as well as models the total value of dental components printed by application type to give a complete picture of the current dental 3D printing market.
Ten-year forecasts are backed by a detailed analysis of more than 100 pages, including information on materials consumed by material group and type, printers sold and installed by print technology group, as well as parts printed by specific application.
Leading players from various areas of influence analyzed specifically in this report include: 3D Systems, Argen, BEGO, Concept Laser, DWS, EnvisionTEC, EOS, Prodways, Solidscape, Stratasys, and others.
The market assessment presented in the report is in the context of an evolving global dental industry that differs significantly by geography and which is moving towards digital production technologies,
From the report:
Additive presents an increasingly viable approach even when compared to subtractive digital processes such as milling.
SmarTech anticipates 3D printing of various dental components to already be worth $780 million in revenues, as metal sub-structures for crowns and bridges in cobalt chromium, tooling for production of clear aligners, wax casting molds for restorations, and dental models are being produced in high volume by dental laboratories worldwide.
This activity is expected to grow rapidly through increasing penetration of 3D print technology and new dental applications for 3D printing related to denture frameworks, custom trays, teaching models, implants, and others to reach $3.1 billion in revenues by 2020.
Trends towards digital dentistry are growing worldwide and are being made possible through digital imaging and scanning technology to replace the traditional physical impression taking.
There exists opportunity for 3D printing to be applied to enhance the production of both restorations as well as the regular models used to test and build many dental restorations. Total revenue of 3D printing systems sold specifically to dental laboratories or dentists is expected to double its current value of $240 million by 2020.
SmarTech Markets Publishing is the leading provider of market research and industry analysis in the 3D printing/additive manufacturing sector.
See more: www.smartechpublishing.com
SOURCE SmarTech Markets Publishing