Global Dental CAD/CAM Market Outlook 2019 to 2027- Global Dental CAD/CAM Market analyzed by Product Type (In-Lab and In-Office), Component (Equipment, Milling Machine, Scanners and Software), Application (Material, Dental Prosthesis and Dental Implant), End User (Dental Laboratories, Milling Centres and Dental Clinics) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) – Forecast till 2027
Dental CAD/CAM Market Overview
The global dental CAD/CAM market is anticipated to surpass a valuation of USD 3.33 billion, attaining a CAGR of 8.1% during the forecast period (2016-2027), Market Research Future (MRFR) reveals in a detailed report.
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The dental CAD/CAM market has witnessed a tectonic surge over the past few years due to its high adoption by dental practices. This has further resulted in accurate restoration with higher productivity compared to dental lab restorations. Patients highly prefer dental CAD/CAM as the tooth gets repaired in a single day, and no further or repetitive dental appointments are required. This further saves the time of the dental patients, thereby accelerating the market growth across the globe. Moreover, with the introduction of CAD/CAM technology, both the patients as well as dentists are gaining productive results at a faster rate, which is likely to stimulate the market growth in the years to come.
The CAD/CAM technology assists the doctors in customizing appliances exclusively for patients that were not possible in the early days, which promotes the market growth. The recent surge in the demand for dental cosmetic surgeries is estimated to act as a primary growth stimulant for the market. Advancements made in the healthcare sector has increased the life expectancy of the population globally. Thus, the growth in was geriatric population is rapidly increasing. This factor is predicted to trigger the demand from the market in the foreseeable future. Growth in open architecture solutions and intra-oral scanners will spur the market worldwide.
On the flip side, the high cost of dental CAD/CAM is likely to restrict the market growth in the foreseeable future. Introduction of latest technologies and dearth of skilled workforce are estimated to be responsible for its high cost.
The top players operating in the dental CAD/CAM market include Axsys Incorporated, Align Technology, Inc., DATRON AG, B&D Dental Technologies, KaVo Dental GmbH, Dentsply Sirona, PLANMECA OY, Nobel Biocare (Part Of Danaher Corporation), Straumann, Yenadent Ltd, Roland DGA Corporation, and 3Shape A/S.
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.
By region, the Global Dental CAD/CAM Market 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.
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