Dental CAD/CAM Market Rising Trends, Territorial Outlook and Industry Growth Prospects 2021-2027
Growing incidences of dental disorders and increased insistence for dental restorations will propel the demand for CAD/CAM dentistry. Also, the increased number of practicing dentists along with the growing geriatric population has majorly contributed to its growing usage.
On that note, the dental CAD/CAM market revenue is anticipated to register a value of USD 2 billion by the end of 2027.
Many key market players are indulging in strategic mergers and acquisitions to strengthen their position in the market, thus boosting industry growth. For instance, Align Technology Inc. has successfully completed the acquisition of exocad Global Holdings GmbH, leaders in the dental CAD/CAM software industry.
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This acquisition widens the digital platform of Align by integrating technologies that address restorative demands for facilitating comprehensive dentistry. Such business ventures will augment the usage of dental CAD/CAM over the coming years.
In-lab CAD/CAM dental systems that obtain a higher output with higher capacity. They are primarily used in dental laboratories for faster restorations and with precision. Considering its excellent application range, the in-lab system segment is predicted to register a growth rate of 4.5% over the projected timeframe.
The hardware component is anticipated to record a CAGR of over 5% during the projected timeframe. Dental scanners, milling machines and dental 3D printers are some of the hardware components used by dentists during their practice. Scanners are utilized for scanning the shape, structure and size of a patient’s jaw. This decides which dental restoration method would be precisely applicable and which will perfectly fit the patient.
In addition, the current upsurge in 3D printing sector has also boosted the growth of the dental sector with the usage of these printers for manufacturing dental implants that are stronger and durable. Considering all these factors, the market for dental CAD/CAM is likely to showcase excellent growth numbers over the projected timeframe.
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The dental milling centers offer manufacturing services to dental restorations. Dental milling centers offer products in a wide range of materials like zirconium, metal, porcelain, etc. Less established clinics subcontract their manufacturing requirements to these centers. Increased strength of product portfolio coupled with the rising number of dental milling centers will majorly contribute to the market growth, which is why the dental milling centers segment is predicted to register a growth rate of 5.5% over the stipulated timeframe.
The market of dental CAD/CAM in China recorded a remuneration of around USD 70 billion in 2020. There has been immense growth in the dentistry sector in the nation. Growing integration of CAD/CAM dentistry coupled with heavy investments in infrastructure development is primary contributor to the market growth. In addition, increasing demand for dental tourism will add impetus to the proliferation of the dental CAD/CAM industry.
PARTIAL CHAPTER OF THE TABLE OF CONTENT:
Chapter 2. Executive Summary
2.1. Dental CAD/CAM industry 3600 synopsis, 2016 – 2027
2.1.1. Business trends
2.1.2. Type trends
2.1.3. Component trends
2.1.4. End-use trends
2.1.5. Regional trends
Chapter 3. Dental CAD/CAM Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2016 – 2027
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rising number of dental procedures
3.3.1.2. Increasing prevalence of dental diseases
3.3.1.3. Growing adoption of CAD/CAM technology in dentistry
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