LEIPZIG, Germany: Whereas the impact of COVID-19 continues to disrupt many sectors, the 3D-printing industry appears to have regained strength and is moving in a steady upward trajectory. This growth has been spurred on by many factors within the dental sector, including the need to streamline chairside appointments and improve safety for both dentists and patients.
3D Systems, a leader in the dental industry for more than 30 years, saw double-digit growth in the third-quarter versus 2020 results. Compared with the same period last year, revenue from healthcare increased by 28.3% to US$76.4 million. According to 3D Systems, when adjusted for divestitures, high demand for dental applications, both printers and materials, resulted in healthcare revenue in general increasing by 44.5% year over year.
In a press release, 3D Systems President and CEO Dr Jeffrey Graves said that, during this current period, the company’s focus is on investing in significant opportunities that it believes will drive high-margin recurring revenue. He noted that the company had recently acquired Volumetric Biotechnologies and had expanded its development agreement with United Therapeutics to include additional human organs and other applications within the human body.
Another firm experiencing positive growth is Materialise. The Belgium-based company reported a 28.0% revenue increase compared with 2020, and among several key areas of focus, revenue for its medical segment increased 10.2%, whereas manufacturing was up 62.0%. Additionally, net profit for the third quarter of 2021 was €8,652,000 or €0.15 per diluted share, compared with a loss of €282,000 or €0.01 per diluted share for the 2020 period.
Commenting on the results in a press release, Executive Chairman Peter Leys said, “While the COVID-19 pandemic lingers on in certain parts of the world, our record third-quarter results show that Materialise is coming out of this crisis stronger than before.”
As reported by Dental Tribune International, the European digital dentistry market, which includes CAD/CAM systems, CAD/CAM materials and dental 3D printers, is projected to experience double-digit growth reaching over €1.4 billion (US$1.7 billion) by 2027. In the first editorial of Dental Tribune’s newest magazine, 3D printing, Editor-in-Chief Dr George Freedman said, “The digital transformation of dentistry, including CBCT, intra-oral and extra-oral scanning, milling of ceramic and composite materials, and robotic implant placement, is firmly established.”
Another company experiencing good growth is Stratasys. A leading 3D-printing company for industries such healthcare, consumer products and more, it reported revenue growth of 24.3% and systems sales growth of 34.7% year over year. According to its third-quarter report, the increase in revenue from US$127.9 million in 2020 to US$159.0 million in 2021 was owing to contributions across all regions and all business lines.
In a press release, Stratasys Chief Executive Officer Dr Yoav Zeif noted, “We are at an inflection point for additive manufacturing. Industries appreciate the many benefits of our technologies and are increasingly adding 3D printing to their production plans, driving the shift from prototyping to mass production.”
Brazil / Brasil
Canada / Canada
Latin America / Latinoamérica
USA / USA
Austria / Österreich
Bosnia and Herzegovina / Босна и Херцеговина
Bulgaria / България
Croatia / Hrvatska
Czech Republic & Slovakia / Česká republika & Slovensko
Finland / Suomi
France / France
Germany / Deutschland
Greece / ΕΛΛΑΔΑ
Italy / Italia
Netherlands / Nederland
Nordic / Nordic
Poland / Polska
Portugal / Portugal
Romania & Moldova / România & Moldova
Slovenia / Slovenija
Serbia & Montenegro / Србија и Црна Гора
Spain / España
Switzerland / Schweiz
Turkey / Türkiye
UK & Ireland / UK & Ireland
China / 中国
India / भारत गणराज्य
Japan / 日本
Pakistan / Pākistān
Vietnam / Việt Nam
ASEAN / ASEAN
Israel / מְדִינַת יִשְׂרָאֵל
Algeria, Morocco & Tunisia / الجزائر والمغرب وتونس
Middle East / Middle East
Prof. Junji TagamiRegister now1CEBiological bone augmentation and ten mistakes to avoidLive webinar
Dr. Frank ZastrowRegister now1.5CEGBT as non-surgical periodontal treatmentLive webinar
Prof. Penny HatzimanolakisTherapy Planning – The Key to Successful Implant TreatmentLive webinar
Dr. Malene HallundRegister now1CE:sharpen(level=0):output(format=png)/up/dt/2022/02/shining-3d-logo-02.png "SHINING 3D")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/Cannabidiol-The-quest-for-a-new-non-opioid-analgesic-.jpg "Cannabidiol: The quest for a new non-opioid analgesic")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/Study-raises-concerns-about-AI-in-remote-monitoring-of-clear-aligner-therapy.jpg "Study raises concerns about AI in remote monitoring of clear aligner therapy")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/Protective-gear-during-dental-radiograph-procedures-no-longer-necessary-researchers-suggest.jpg "Protective gear during dental radiograph procedures no longer necessary, researchers suggest")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/Diego-Gabathuler.jpg "Geistlich appoints Diego Gabathuler as new CEO")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/dentistry-rides-third-quarter-rollercoaster.jpg "Dentistry rides third-quarter roller coaster")
:sharpen(level=0):output(format=png)/up/dt/2011/11/ITI-LOGO.png "ITI International Team for Implantology"){kind=logo}
:sharpen(level=0):output(format=png)/up/dt/2014/02/MIS.png "MIS Implants Technologies")
:sharpen(level=0):output(format=png)/up/dt/2022/06/RS_logo-2024.png "ROOTS SUMMIT"){kind=logo}
:sharpen(level=0):output(format=png)/up/dt/2023/06/Align_logo.png "Align Technology"){kind=logo}
:sharpen(level=0):output(format=png)/up/dt/2010/11/Nobel-Biocare-Logo-2019.png "Nobel Biocare"){kind=logo}
:sharpen(level=0):output(format=jpeg)/up/dt/2021/12/Third-quarter-results-indicate-strong-growth-for-3D-printing-companies.jpg "Third-quarter results indicate strong growth for 3D-printing companies")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/Cannabidiol-The-quest-for-a-new-non-opioid-analgesic-.jpg "Cannabidiol: The quest for a new non-opioid analgesic")
:sharpen(level=0):output(format=gif)/wp-content/themes/dt/images/no-user.gif "Luke Gribble, Dental Tribune International")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/10/Leading-market-research-firm-predicts-massive-growth-for-dental-3D-printing-market.jpg "Leading market research firm predicts massive growth for dental 3D-printing market")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/03/Leadership-in-3D-printing-Academy-for-Dental-3D-Printing-introduced-at-IDS_1.jpg "Leadership in 3D printing: Academy for Dental 3D Printing introduced at IDS")
:sharpen(level=0):output(format=jpeg)/up/dt/2022/11/Dentistry-scrapes-through-third-quarter-check-up.jpg "Dentistry scrapes through third‑quarter check-up")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/07/CER-image-CEREC-Primemill-Patient-1920x1080-1.jpg "CEREC or 3D printing: Which technology for in-office manufacturing?")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/08/China-releases-pent-up-demand-boosting-second-quarter-financial-results_1.jpg "China releases pent-up demand, boosting second-quarter financial results")
:sharpen(level=0):output(format=jpeg)/up/dt/2018/05/straumann-1q.jpg "Straumann reports positive growth in first quarter")
:sharpen(level=0):output(format=jpeg)/up/dt/2021/10/Dental_Module_Screen_IV_1280x853-2-edited.jpg "3D printing: Materialise introduces Dental Module for Magics")
:sharpen(level=0):output(format=jpeg)/up/dt/2021/07/Fraunhofer-developing-future-3D-printing-technologies-for-medical-applications-1.jpg "Fraunhofer developing 3D-printing technologies for medical applications")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/09/Researchers-create-go-to-guide-for-all-things-3D-printing-in-implantology.jpg "Researchers create go-to guide for all things 3D printing in implantology")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/03/SprintRay-presents-3D-printing-solution-at-IDS-2023_2.jpg "Experience SprintRay’s dental 3D-printing solution for complete digital integration at IDS 2023")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/Cannabidiol-The-quest-for-a-new-non-opioid-analgesic-.jpg "Cannabidiol: The quest for a new non-opioid analgesic")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/Study-raises-concerns-about-AI-in-remote-monitoring-of-clear-aligner-therapy.jpg "Study raises concerns about AI in remote monitoring of clear aligner therapy")
:sharpen(level=0):output(format=jpeg)/up/dt/2023/12/Protective-gear-during-dental-radiograph-procedures-no-longer-necessary-researchers-suggest.jpg "Protective gear during dental radiograph procedures no longer necessary, researchers suggest")
:sharpen(level=0):output(format=jpeg)/wp-content/themes/dt/images/3dprinting-banner.jpg "3D Printing Banner")
:sharpen(level=0):output(format=jpeg)/wp-content/themes/dt/images/aligners-banner.jpg "3D Printing Banner")
:sharpen(level=0):output(format=jpeg)/wp-content/themes/dt/images/covid-banner.jpg "3D Printing Banner")
:sharpen(level=0):output(format=jpeg)/wp-content/themes/dt/images/roots-banner-2024.jpg "3D Printing Banner")