Dental CAD/CAM Market - Global Business Opportunity and Regional Forecast to 2027
Global Dental CAD/CAM Market Research Report: Information by Product Type, Component, Application, End User and Regio- Forecast till 2027
The Global Dental CAD/CAM Market is expected to register a CAGR of 8.1% over the forecast period of 2016-2027, asserts Market Research Future (MRFR) in an extensive study. The Global Dental CAD/CAM Market is likely to attain a mark et valuation of USD 3.33 Bn by the end of 2027. Dental CAD/CAM market information, by type of product (in-Lab system, and in-office system), by component (equipment, and software), by application (crowns, dentures, bridges, veneers and inlays/onlays), by end user (dental laboratory, dental clinic, research/academic institute) - Forecast to 2027
CAD/CAM (computer-aided design and computer-aided manufacturing) is a computer technology that allows dentists to customize dental appliance to meet the specific needs of patients. CAD/CAM facilitate performing complex dental procedures with increased accuracy and ease. In CAD/CAM dentistry, 3D images are used to produce virtual designs for carving out restorative material. As processes such as intraoral scanning, extraoral scanning, 3-D milling, and 3-D printing gaining prominence within the dental industry, strong growth is resonated within the global dental CAD/CAM market. Market players are investing heavily in the Dental CAD/CAM Market offer innovative and effective services to consumers which is further augmenting the growth of the market.
The rise in a number of dental service organizations is a factor which primarily drives the global dental CAD/CAM market. The latest generation of the dentist and dental professionals have more affinity towards technology, and new dental service organizations are investing heavily in dental CAD/CAM technology. Surging preference for cosmetic dentistry treatments and increasing awareness on the part of patients who are opting for more elective procedures is fostering the growth of the market. The rise in dental tourism is also a crucial factor which cannot be missed.
The recent years have witnessed improvement in materials and technology for CAD/CAM which has resulted in better-fitting, more durable and natural looking restorations and consequently augmented the growth of the global dental CAD/CAM market.
The steep learning curve associated with dental CAD/CAM along with reluctance on the part of dental professionals is likely to restrict the growth of the global dental CAD/CAM market. The dearth of skilled professionals and high-maintenance cost also constrain market growth to a great extent.
Segmentation
The Global Dental CAD/CAM Market has been segmented based on type of product, component, application, and end user.
By type of product, the dental CAD/CAM market has been segmented into in-lab and in-office.
By component, the dental CAD/CAM market has been segmented into equipment and software. The equipment segment has been further segmented into milling machine and scanners.
By application, the dental CAD/CAM market has been segmented into crowns, dentures, bridges, veneers, and inlays/onlays.
By end user, the dental CAD/CAM market has been segmented into dental laboratories, dental clinics, and research/academic institutes.
Regional Analysis
By region, the Global Dental CAD CAM Market Size has been segmented into Europe, Asia Pacific, North America, and the Middle East & Africa.
Europe is the largest market for dental CAD/CAM and accounts for 89% share of the global CAD/CAM market. The abundance of treatment options and coverage schemes can be credited for the growth of the Europe market. Additionally, widespread prevalence of dental disorders across the region generates high demand in the market.
North America too is a significant market for dental CAD/CAM driven by high demand and affordability of advanced dental procedures in the region. Besides, the existence of key players in the region substantiates the growth of the market.
APAC market for dental CAD/CAM is expected to showcase rapid growth and register the highest CAGR over the forecast period. The growth of dental tourism in the region along with high adoption of the latest technologies in dentistry spurs demand within the market. Other factors include the rising demand for cosmetic dentistry and prosthetics.
Competitive Landscape
The noteworthy players in the global dental CAD/CAM market include Yenadent Ltd, DATRON AG, B&D Dental Technologies, Roland DGA Corporation, Dentsply Sirona, Nobel Biocare (Part of Danaher Corporation), 3Shape A/S, Axsys Incorporated, Align Technology, Inc., KaVo Dental GmbH, Straumann, and PLANMECA OY.
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