Dentistry is one field where 3D printing has seen significant growth and adoption. Unlike other industries where additive manufacturing is still in the early stages, dental applications have been utilizing 3D technologies for some time now, with its uses only continuing to expand. In fact, the global dental 3D printing market size was valued at $2.5 billion in 2022 alone, according to a report by Grand View Research. This further validates the strong presence and potential of 3D printing in the dental industry.
The latest news in this sector comes from LightForce Orthodontics, which recently secured $80 million in series D funding for its 3D printed braces system. Founded in 2015 in Burlington, Massachusetts by Dr. Alfred Griffin and Dr. Lou Shuman, LightForce Orthodontics aims to provide orthodontists with a digital platform for fully customized, 3D printed tooth-moving tools. In simpler terms, they produce braces and other orthopedic devices that help correct patients’ smiles.
With an estimated four million people in the United States wearing braces at any given time and global demand for orthodontic intervention ranging from 25% to 53%, innovation in this field is eagerly welcomed. LightForce’s 3D printed brackets for braces offer a more personalized and effective treatment option.
The substantial funding secured by LightForce reinforces its position as a key player in the orthodontics industry. In 2021, the company received $50 million in Series C funding, and now, the additional $80 million, led by Ally Bridge Group, will be used to further their mission of delivering personalized care through custom 3D printed braces. This includes scaling up production, incorporating AI into digital workflows, and expanding their team of engineers and scientists to enhance their software and hardware. To support this growth, LightForce Orthodontics plans to establish a new 36,000 square-foot manufacturing facility in Wilmington, Massachusetts.
The significant funding received by LightForce Orthodontics demonstrates not only the interest in the company but also the growing recognition of the role of 3D printing in orthodontics. Kevin Reilly, Managing Director at Ally Bridge Group, believes that LightForce is revolutionizing the orthodontic industry by combining highly innovative technologies with the personalization of orthodontic treatment through 3D printing. It is evident that the future of orthodontics lies in customization and digital workflows, and this funding will undoubtedly contribute to enhancing patient care in the field.
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Photo credit: LightForce Orthodontics
