Allied Market Research published a report, titled, “Dental CAD/CAM Materials & Systems Market by Product: Global Opportunity Analysis and Industry Forecast, 2016–2023.” The report states that the global dental CAD/CAM materials & systems market generated $1.67 billion in 2016, and is expected to reach $3.16 billion by 2023, registering a CAGR of 9.4% during the forecast period, 2017–2023.
Increase in incidence of tooth loss, surge in edentulous population, advancements in technologies for dental CAD/CAM systems, rise in organizations for dental services, and demand for advanced solutions facilitate the market growth. However, expensive CAD/CAM systems, increased maintenance costs, and less reimbursements restrain the growth in the market. On the other hand, increase in number of dental cosmetic surgeries, surge in disposable incomes, and untapped potential in emerging economies of Asia-Pacific and LAMEA would create several opportunities during the forecast period.
The dental CAD/CAM systems segment would remain dominant during the forecast period, owing to rise in adoption from the developed regions. This is due to increase in benefits provided by CAD/CAM systems including accuracy in shape, intraoral 3-D scanning, less chair time, and enhanced aesthetics as compared to conventional dental lab restorations.
The CAD/CAM materials segment would register a rapid CAGR of 11.1% during the forecast period, owing to its capabilities to offer better natural looks in comparison to metal-based restorations.
Key Findings of the Dental CAD/CAM Materials & Systems Market:
- Zirconia contributed to nearly one-fifth of the materials segment in 2016.
- The CAD/CAM systems segment contributed to four-sevenths of the total market share in 2016.
- For materials segment, alumina-based ceramics segment would grow at the highest growth rate, registering a CAGR of 12.5% from 2017 to 2023.
- Asia-Pacific is estimated to register the highest CAGR of 12.2% during the forecast period, 2017–2023.
Europe held the major share of nearly four-ninths of the global market in 2016 and will maintain its leadership status throughout the forecast period. This is due to rise in incidence of tooth loss, dental caries, and edentulism, upsurge in geriatric population, and increase in patient awareness regarding the availability and benefits of CAD/CAM-based dental restorations. Furthermore, increase in adoption of technologically advanced products and availability of advanced healthcare infrastructure would offer new opportunities to the market players.
The major companies analyzed in the research include 3M Company, Danaher Corporation, Amann Girrbach AG, Dentsply Sirona Inc., Dental Wings Inc., Ivoclar Vivadent AG, Institut Straumann AG, Zimmer Biomet Holdings, Inc., PLANMECA OY, and ZIRKONZAHN GMBH.
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