3D Printed Clear Dental Aligners Market is Projected to Hit US$ 332.7 Million, Exhibiting a CAGR of 8.4% Over Forecast Period Ending 2033 | Future Market Insights, Inc.
Future Market Insights, Inc.
8 min read
NEWARK, DE / ACCESSWIRE / April 28, 2023 / As per Future Market Insights' latest industry analysis, the valuation for the global 3D Printed Clear Dental Aligners Market was around US$ 139.1 Million in 2022 and is projected to exhibit a CAGR of 8.4% over the forecast period, with an estimated valuation of US$ 332.7 Million in 2033.
Dental professionals can use 3D printing technology to create highly customized clear dental aligners that are tailored to the patient's specific orthodontic needs. As a result, treatment outcomes can be more effective and efficient. Unlike traditional braces, which use visible wires and brackets, clear dental aligners are made of a transparent material that makes them almost invisible. As a result, they are popular among patients who prefer a more discreet orthodontic treatment option.
Cosmetic dentistry is becoming more widely recognized worldwide as more people seek treatments to improve the appearance of their teeth. Customers are increasingly selecting orthodontic procedures that are less noticeable than traditional braces. Clear aligners are easier to remove and more distinct when eating, brushing, and flossing. Clear dental aligners provide precise and convenient options for teeth straightening, which is propelling market growth.
Digital workflows are becoming more common in dentistry, with several dental practices investing in digital scanning and imaging technology. These technologies are used to create extremely accurate 3D models of a patient's teeth and jaw, which are then used to design and manufacture custom clear aligners.
The market for 3D printed clear dental aligners is expanding into new geographic markets, including Asia-Pacific, Latin America, and the Middle East. Rising demand for orthodontic treatments in these regions, as well as increased adoption of 3D printing technology by dental professionals, is driving this expansion.
In recent years, several companies have emerged that provide clear aligners directly to consumers, eliminating the need for an in-person consultation with a dental professional. These businesses typically use 3D printing technology to create the aligners, and they provide a more convenient and cost-effective alternative to traditional orthodontic treatments.
Key Takeaways from Market Study
Polyurethane Resin (PU) material is the leading segment material, and holds around 36.1% market value share in the global market in 2022, owing to rising demand for orthodontic treatments and increasing adoption of 3D printing technology, and growing demand for cosmetic dentistry.
Digital Light Processing (DLP) segment led the global market with a value share of around 37.8% by 2022, owing to its several advantages including improvement in treatment outcomes and patient satisfaction.
By end users, dental hospitals held a share of around 39.8% in 2022; because dental hospitals provide improved patient experience, cost-effectiveness, and faster lead time influenced by the adoption of 3D printing technology.
North America held a value share of around 40.1% in 2022, owing to technological advancement, cost-effectiveness, and growing consumer awareness in this region.
"Increasing adoption of 3D printing technology, rising prevalence of orthodontics treatments, growing demand for clear aligners owed to comfort and customization options, and reduced treatment time are propelling the 3D printed clear dental aligners market globally," says an analyst of Future Market Insights.
Key players in the global 3D printed clear dental aligners market are actively seeking to strengthen their position through collaborations, as well as acquisitions, as key strategies to keep a foothold in the market. Acquisitions and collaborations greatly speed up a manufacturer's chances of gaining a significant market share.
A few examples of strategies acquired by the key players:
In February 2022, Dentsply Sirona announced a collaboration with Google Cloud and the launch of a medical-grade 3D printing solution.
In November 2021, 3D Systems acquired Oqton, Inc. for $188.2 Million, excluding customary closing adjustments.
Key Companies Profiled:
Abbott
3D System Inc.
Align Technology, Inc.
ClearCorrect LLC (Straumann Group)
Dentsply Sirona
DynaFlex, FORESTADENT
Formlabs
Graphy Inc.
Prodways Group
SmileDirectClub
3M
What Does the Report Cover?
Future Market Insights offers a unique perspective and actionable insights on the 3D printed clear dental aligners market in its latest study, presenting a historical demand assessment of 2016-2022 and projections for 2023-2033. The 3D printed clear dental aligners market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
The research study is based on the material (polyethylene terephthalate glycol (PET-G), polyurethane resin (PU), thermoplastic polyurethane (TPU), polycarbonate resin, and other material types), by printing technology (stereolithography (SLA), digital light processing (DLP), material jetting, and other printing technologies), by end-user (dental hospitals, dental offices and oral surgery clinics, dental laboratories, and dental group practices), across seven key regions of the world.
5.2.1. Key Player's Historic Top Companies' Historical Growth
5.2.2. Rising Adoption of Universal Health Coverage
5.2.3. Rising Awareness about Dental Aesthetics
5.2.4. Growing Number of Dental Treatment Sites
5.2.5. Regulatory Framework
5.2.6. Recent Advancements In Technology
5.2.7. New Product Launches and Approvals
5.2.8. Key Strategic Developments By Market Players
5.3. Market Dynamics
5.3.1. Drivers
5.3.2. Restraints
5.3.3. Opportunity
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce, and is headquartered in Delaware, USA. A recipient of the Clutch Leaders Award 2022 on account of a high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
