Press release
Brazil Dental CAD/CAM Materials & Systems Market Expected to Hit $65 Million by 2023
"Technological advancements in CAD/CAM system hardware, innovations in restorative material capability, and software features are projected to have a positive impact over market growth throughout the forecast period."According to a new report published by Allied Market Research, titled, Brazil Dental CAD/CAM Materials & Systems Market by Product: Global Opportunity Analysis and Industry Forecast, 2017-2023," the Brazilian dental CAD/CAM materials & systems market was valued at $30 million in 2016, and is expected to reach $65 million by 2023, growing at a CAGR of 11.5% from 2017 to 2023.
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CAD / CAM technology is used in digital dentistry to design and manufacture dental prostheses. Dental prostheses such as crowns, crowns, veneers, inlays and onlays, fixed bridges, dental implant restorations, dentures, orthodontics and oral reconstruction. With CAD / CAM in dentistry, you can provide restorations of sufficient strength, maintain a natural appearance, and increase the accuracy and speed of dental restorations.
The Brazilian market is driven by accelerated incidence of tooth loss, growth in edentulous and geriatric population, benefits of dental CAD/CAM-based restorations in comparison to dental lab restorations, and rise in technological advancements in dental CAD/CAM systems. However, high cost of CAD/CAM systems, high maintenance costs, and limited reimbursements impede this market growth. Conversely, rapid increase in demand for dental cosmetic surgeries in Brazil is expected to provide several opportunities for key market players during the forecast period.
The dental CAD/CAM systems segment is expected to maintain its dominant position during the analysis period due to its increased adoption in Brazil. This is due to increased benefits offered by CAD/CAM systems over dental lab restorations, such as complete accuracy of shape, less chair time, intraoral 3-D scanning, and improved aesthetics.
Top Investment Pockets
The Brazilian dental CAD/CAM materials & systems market is segmented based on material into glass ceramics, alumina-based ceramics, lithium disilicate, zirconia, and other materials. The glass ceramics, lithium disilicate, and zirconia segments are lucrative areas of investment in this market. Zirconia has high flexural strength (comparable with metals) and excellent biocompatibility. Therefore, zirconia is a potential investment area in the Brazilian dental CAD/CAM market.
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Top Winning Strategies
The key players in the market have focused on development and launch of new and innovative products in Brazil to complement their dental CAD/CAM offerings in the country. In addition, the major players have focused on acquisitions, and agreements to enhance their presence in Brazil.
The CAD/CAM materials segment in Brazil is expected to grow at a CAGR of 13.1% throughout the forecast period, as they can be easily milled and are more natural looking as compared to metal-based restorations.
Key Findings of the Brazil Dental CAD/CAM Materials & Systems Market:
• Zirconia accounted for nearly one-fifth of the materials segment in 2016.
• The CAD/CAM systems segment accounted for nearly three-fifths share of the Brazilian market in 2016.
• In materials section, alumina-based ceramics segment is expected to grow at the highest CAGR of 14.6% from 2017 to 2023.
The major companies profiled in the report include 3M Company, Amann Girrbach AG, Danaher Corporation, Dental Wings Inc., Dentsply Sirona Inc., Institut Straumann AG, Ivoclar Vivadent AG, PLANMECA OY, Zimmer Biomet Holdings, Inc., and ZIRKONZAHN GMBH.
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About us
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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