DUBLIN--(BUSINESS WIRE)--The "Dental CAD/CAM Materials & Systems Market by Product Type: Global Opportunity Analysis and Industry Forecast, 2020 - 2030" report has been added to ResearchAndMarkets.com's offering.
At an estimated value of over USD 2.32 billion in 2019, the Global Dental CAD/CAM Materials & Systems Market is predicted to thrive at a CAGR of 7.5% and valued at over USD 5.14 billion over the forecast year 2020-2030.
The adoption of CAD/CAM is an emerging technology in dental practices and laboratories. For instance, dental CAD/CAM systems have been developed as well as upgraded in modern times for restoration of ceramic. It is being used across digital dentistry to manufacture dental prosthetics such as crowns, veneers, inlays & onlays, crown lays, orthodontics, fixed bridges, dentures, dental implant restorations, and even full-mouth reconstruction. The use of CAD/CAM materials & systems in dentistry is rapidly growing as it maintains natural appearance, ensures sufficient strength of restorations, and increases the speed as well as accuracy of creating tooth restorations.
Market Dynamics and Trends:
Factors such as increasing occurrence of tooth loss, benefits of dental CAD/CAM-based restorations over dental lab restorations, growth in edentulous population, and emerging technological advancements in dental CAD/CAM systems drives growth of the global dental CAD/CAM materials & systems market. However, factors such as high cost of CAD/CAM systems, limited reimbursements, and high maintenance costs are anticipated to hinder the market growth. Contradictorily, surge in dental service organizations as well as growing demand for advanced dental solutions are expected to create lucrative opportunities to further propel the market growth.
Market Segmentations and Scope of the Study:
The global dental CAD/CAM materials & systems market share is segmented on the basis of product type and geography. On the basis of product type, the market is categorized into CAD/CAM systems and CAD/CAM materials. The CAD/CAM materials is further sub-divided into glass ceramics, lithium disilicate, alumina-based ceramics, and zirconia. Geographic fragmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW.
In terms of geography, North America held major share of the market in 2019. This is due to the rise in occurrence of dental diseases. In addition, increasing demand of ceramic restoration due to its superior quality, cost efficiency, and biocompatibility fuels growth of the market in North America. However, Asia pacific is expected to grow rapidly with increasing market size due to upsurge in the adoption of precise analytical instruments as well as rapidly developing healthcare industry. The dental CAD/CAM materials & systems market in Asia-Pacific region, especially India, South Korea, and China is anticipated to observe a surge in demand for dental CAD/CAM materials and systems.
Maximum growth opportunities make the dental CAD/CAM materials & systems market highly competitive. Some of the major players in the market are Danaher Corporation, 3M Company, Dentsply Sirona Inc., Amann Girrbach AG, Dental Wings Inc., Institut Straumann AG, Ivoclar Vivadent AG, PLANMECA OY, Zimmer Biomet Holdings, Inc., and ZIRKONZAHN GMBH and many more. A number of developmental strategies have been adopted by companies in the past few years. For instance, in July 2018, Danaher Corporation announced to spin off its Dental segment into DentalCo, an independent, publicly-traded company. In March 2017, Dental Wings introduced the second generation of Dental Wings Lasermill, an innovative dental CAD/CAM production technology, at the International Dental Show in Cologne, Germany.
KEY MARKET SEGMENTS:
Global Dental CAD/CAM Materials & Systems Market- By Product Type
- CAD/CAM Systems,
- CAD/CAM Materials
- Glass Ceramics
- Lithium Disilicate
- Alumina-based Ceramics
Global Dental CAD/CAM Materials & Systems Market - By Geography
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of World
- South Africa
- Saudi Arabia
- Remaining Countries
For more information about this report visit https://www.researchandmarkets.com/r/hagm6n