Press release
Dental CAD/CAM Market with Companies Like Align Technology, Inc., Axsys Incorporated, B&D Dental Technologies, Datron AG Etc. By 2023
CAD/CAM (computer-aided design and computer-aided manufacturing) is a computer technology that allows dentists to customize dental appliance to meet the specific needs of patients. CAD/CAM facilitate performing complex dental procedures with increased accuracy and ease. In CAD/CAM dentistry, 3D images are used to produce virtual designs for carving out restorative material.Global Dental CAD/CAM Market - Dominant Players
Major participants of Global Dental CAD/CAM Market are
Align Technology, Inc.
Axsys Incorporated
B&D Dental Technologies
DATRON AG
Dentsply Sirona
KaVo Dental GmbH
Nobel Biocare (Part of Danaher Corporation)
PLANMECA OY
Roland DGA Corporation
Straumann
Yenadent Ltd
3Shape A/S
Global Dental CAD/CAM Market – Insights
The Global Dental CAD/CAM Market is expected to register a CAGR of 8.1% over the forecast period of 2016-2027, asserts Market Research Future (MRFR) in an extensive study. The Global Dental CAD/CAM Market is likely to attain a market valuation of USD 3.33 Bn by the end of 2027.
The rise in several dental service organizations is a factor which primarily drives the global dental CAD/CAM market. The latest generation of the dentist and dental professionals have more affinity towards technology, and new dental service organizations are investing heavily in dental CAD/CAM technology. Surging preference for cosmetic dentistry treatments and increasing awareness on the part of patients who are opting for more elective procedures is fostering the growth of the market. The rise in dental tourism is also a crucial factor which cannot be missed.
The recent years have witnessed improvement in materials and technology for CAD/CAM which has resulted in better-fitting, more durable and natural looking restorations and consequently augmented the growth of the global dental CAD/CAM market. The steep learning curve associated with dental CAD/CAM along with reluctance on the part of dental professionals is likely to restrict the growth of the global dental CAD/CAM market. The dearth of skilled professionals and high-maintenance cost also constrain market growth to a great extent.
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In the news:
Dentsply Sirona holds a strong hand on deal renewals: The company which is based in New York (US) has recently announced the renewal of an existing distribution contract with Henry Schein Canada, Inc. This deal will continue until December 31, 2020. This contract extension is a clever move by Dentsply Sirona as the prior agreement did not include the CEREC CAD/CAM restoration system and the Schick line of imaging sensors. By including the above-mentioned lines of products, the company will take advantage from Henry Schein's distribution network in Canada and further strengthen their market share.
Align Technology one of the major players, which markets and manufactures system of clear aligner therapy, CAD/CAM (computer-aided design and manufacturing) and intra-oral scanners digital services used in dentistry, dental records storage and orthodontics has been working hard to increase workflow preferences of iTero scanners, in this situation, Align Technology has signed an agreement in August with Patterson dental a business unit of Patterson Companies Inc. from which Align Technology will benefit from its strong distribution network. Moreover, the company has further collaboration with Exocad GmbH a company which is involved in development of CAD/CAM software, by this collaboration Align Technology will use the chairside CAD software to be particularly incorporated into Align's iTero Element intraoral scanner, with this the software will support same day dentistry through the iTero Element scanner, this integrated system is expected to be marketed by Align Technology by 2018.
Global Dental CAD/CAM Market - Segments
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.
Global Dental CAD/CAM Market – Regional Analysis
Europe has the largest share in the growth of dental market considering a substantial share of dental CAD/CAM market and is expected to reach astronomical amounts by the end of 2027. Globally Europe is the largest market for dental CAD/CAM. North America is the second-largest market. Furthermore, Asia pacific market is expected to be the fastest growing market for dental CAD/CAM and expected to grow at a considerable the rate during the forecast period.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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