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Dental CAD/CAM and Dental Prosthesis Market Segmented By Chair-Side System, Laboratory System CAD/CAM System and Custom Dental Prosthesis, 3D Dental Prosthesis as Dental Prosthesis in Hospital, Dental Clinic
Dental CAD/CAM & dental prosthesis are used in different procedures with one common objective of bringing back the actual shape and look of the teeth. Dental CAD/CAM is a technology that is being used in the process of digital dentistry by which the model of a ready tooth is scanned and required prosthesis is produced. Dental care industry is driving heavily on dental prosthesis. Recent trends and innovations has led the maximum portion of dental prosthetics to be made through 3D printing. Due to the quality choices of 3D printers available, it has definitely influenced the industry in a remarkable manner. The capability of 3D printers to work has made it a key tool in zones that is not suitable for traditional methods.
Dental CAD/CAM & dental prosthesis market is gaining mass acceptance globally with the trend of getting an esthetic change, where the influence in the healthcare industry to treat cases that are not completely advisable with traditional dental care are treated with dental CAD/CAM & dental prosthesis techniques. Dental CAD/CAM & dental prosthesis included in the report are products that are used for treatment of teeth.
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The growth of the global dental CAD/CAM & dental prosthesis market is primarily driven by increasing prevalence of conditions that require dental care using prosthesis, rising geriatric population, awareness programs conducted by public and private associations, edentulous population and growing number of dental clinics. However, manufacturers on a global level are engaged in developing products that should get recognition in order to be in use for a greater population.
The dental CAD/CAM & dental prosthesis industry is more accessible for the new players with fragmented company profiles, majority of them distribute their products on the global level through different chains. Consumers are opting for brand specific dental CAD/CAM & dental prosthesis that provides a positive share for the leading manufacturers in order to provide better and more flexible end products. Stringent regulations observed globally for the dental care products are expected to hamper the growth of the global dental CAD/CAM & dental prosthesis market over the forecast period. Dental CAD/CAM & dental prosthesis helps the economic outlook by supply chain consolidation and lower inventory, rapid prototyping, increased productivity and decentralized/more agile manufacturing.
The global dental CAD/CAM & dental prosthesis market is estimated to be worth US$ 9,403.6 Mn by 2018 end and is expected to expand at a CAGR of 5.6% over the forecast period of 2018 – 2026.
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Get a Customized VersionGeographically, the global dental CAD/CAM & dental prosthesis market is segmented into six major regions, namely North America, Latin America, Europe, Asia Pacific (Asia Pacific excluding China), China and Middle East & Africa (MEA). In terms of value, Europe is expected to be the dominant regional market for dental CAD/CAM & dental prosthesis by 2018 end and is expected to expand at a CAGR of 5.8% over the forecast period. North America and Asia Pacific excluding China are expected to witness significant growth in the global dental CAD/CAM & dental prosthesis market, registering CAGRs of 5.4% and 6.3%, respectively, over the forecast period.
Europe is expected to have a high growth in the global dental CAD/CAM & dental prosthesis market due to increasing demand for premium-priced dental products and favorable reimbursements.
Also, increasing number of specialty dentists for implant placement in the region will lead to increased access to such treatment. Besides modest improvements in worldwide dental CAD/CAM & dental prosthesis market would effect the Europe market, APEC shows impressive growth due to expanding patient volume and price cutting. While most of the dental practices in the region are solo performed and dental clinics participating show a decent trend of growing with the advancements. It provides a quality opportunity for the entire dental CAD/CAM & dental prosthesis market.
In European countries, the underprivileged population is covered under supplementary universal medical coverage scheme (CMU). In 2015, CMU expanded to cover more people, which is expected to boost the dental CAD/CAM & dental prosthesis market over the forecast period. Dental tourism is one of the most important sectors of the expanding medical tourism industry.
Hungary is becoming a capital for dental tourism in the Western Europe as cost of dental care is 40-75% less in Hungary in comparison to the U.S. and other developed countries. Though Europe’s dental CAD/CAM & dental prosthesis market is expected to have a mere single digit growth for dental prosthesis and positive high growth for dental CAD/CAM due to flattening of dental care reimbursement policies in three out of five key markets in Europe including Germany, France and the U.K.
Examples of some of the key players operating in the dental CAD/CAM & dental prosthesis market include 3M, Dentsply Sirona, COLTENE Group, VOCO, Den-Mat Holdings, LLC., Danaher Corp., Straumann Group, Ivoclar Vivadent AG, and SHOFU INC.
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