The CAD/CAM technology has significantly affected materials and processes in both the dental laboratory and clinic. Therefore, technological advancements in CAD/CAM system hardware, innovations in restorative material capability, and software features are projected to have a positive impact over market growth throughout the forecast period.
According to a new report published by Allied Market Research, Global Dental CAD/CAM Materials and Systems Market was valued at $1,675 million in 2016, and is expected to reach $3,161 million by 2023, growing at a CAGR of 9.4% from 2017 to 2023.
Rise in incidence of tooth loss, growth in edentulous population, advantages of dental CAD/CAM-based restorations over dental lab restorations, technological advancements in dental CAD/CAM systems, growth in dental service organizations, and increase in demand for advanced dental solutions are expected to drive the market growth. However, high cost of CAD/CAM systems, high maintenance costs, and limited reimbursements restrain this growth. The upsurge in demand for dental cosmetic surgeries, rise in disposable incomes, and growth prospects in emerging economies of Asia-Pacific and LAMEA are expected to provide numerous opportunities for market growth during the forecast period.
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There is an increased adoption of dental CAD/CAM systems, particularly in the developed regions, owing to the increased benefits of these systems over dental lab restorations. A dental CAD/CAM system offers complete accuracy of shape, which prevents formation of a gap between tooth crowns and surrounding teeth; instant 3D images eliminate the need for taking tooth impressions, which is a time-consuming process; and computer designing produces a much healthier tooth restoration in few minutes. Moreover, restorations developed using CAD/CAM systems are better fitting, more durable, and more natural looking (multi-colored and translucent, similar to natural teeth) than previously machined restorations.
Surge in incidence of tooth loss and dental caries coupled with rapid growth in geriatric population drives the growth of the dental CAD/CAM materials & systems market in LAMEA. According to WHO, nearly 346,490 people suffered from edentulism, in 2015. In addition, rise in dental tourism in the region is expected to fuel the market growth. However, penetration is expected to remain low due to poor economic conditions as a result of which insurance providers are reluctant to offer coverage because of the risk involved in paying for poorly regulated healthcare infrastructure.
The dental CAD/CAM materials & systems market is segmented based on material into glass ceramics, alumina-based ceramics, lithium disilicate, zirconia, and other materials. The glass ceramics and zirconia segments are lucrative areas of investment in this market. Zirconia has high flexural strength (comparable with metals) and excellent biocompatibility. Therefore, zirconia is a potential area for investment in the dental CAD/CAM market.
The list of key players profiled in this report include 3M Company, Amann Girrbach AG, Danaher Corporation, Dental Wings Inc., Dentsply Sirona Inc., Institut Straumann AG, Ivoclar Vivadent AG, PLANMECA OY, Zimmer Biomet Holdings, Inc., and ZIRKONZAHN GMBH.Key players in the value chain include ALIGN TECHNOLOGY, INC., 3Shape A/S, Carestream Dental LLC, and SHINING 3D TECH.