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Dental CAD/CAM Materials & Systems Market by Expected Reach from $3,161 Million, By Leading & Growing at a CAGR of 9.4% from 2017 to 2023

06-18-2019 08:37 AM CET | Health & Medicine

Press release from: Allied Market Research

Dental CAD/CAM Materials & Systems Market

Dental CAD/CAM Materials & Systems Market

The Dental CAD/CAM Materials & Systems Market offers an extensive analysis of major investment pockets, drivers & opportunities, key segments, changing market trends, and competitive scenario. According to the report, global dental CAD/CAM materials and systems market garnered $1.84 billion in 2017, and is estimated to reach $3.16 billion by 2023, registering a CAGR of 9.4% from 2017 to 2023.

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Increase in incidence of tooth loss, rise in edentulous population, and technological advancements in dental CAD/CAM systems drive the growth in the market. Moreover, surge in dental service organizations and rise in demand for advanced dental solutions supplements the growth. However, expensive CAD/CAM systems, high costs of maintenance, and limited reimbursements restrain the growth. On the other hand, the increase in demand for dental cosmetic surgeries and untapped potential in emerging economies of Asia-Pacific and LAMEA would provide numerous opportunities for market growth.

Europe to maintain its dominant position by 2023

Europe held the major share in 2017, accounting for more than two-fifths of the total market share. It is expected to maintain its dominant position by 2023. This is due to availability of technologically advanced restoration materials and advanced CAD/CAM devices such as intra-oral scanners, and advent of small-sized efficient milling machines. However, Asia-Pacific is expected to grow at the highest CAGR of 12.2% from 2017 to 2023, owing to rise in number of healthcare reforms, prevalence of dental disorders, and focus of key players on development of technologically advanced cost-effective devices.

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CAD/CAM systems to remain dominant throughout the forecast period

CAD/CAM systems contributed to nearly three-fifths of the total market share in 2017 and is expected to remain dominant throughout the forecast period. This is due to technological advancements in dental CAD/CAM technology, rise in awareness regarding dental care, increase in number of dental service organizations, and surge in demand for advanced dental solutions. However, the CAD/CAM materials segment is expected to grow at the highest CAGR of 11.1% from 2017 to 2023, owing to significant increase in geriatric population affected by oral diseases and other risk factors leading to the tooth loss.

The major company profile Are:

• 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.
• ZIRKONZAHN GMBH.

The CAD/CAM materials segment is expected to grow at a rapid CAGR of 11.1% 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 Dental CAD/CAM Materials & Systems Market:
• Zirconia accounted for one-fifth of the materials segment in 2016.
• The CAD/CAM systems segment accounted for four-sevenths of the global market in 2016.
• In materials section, alumina-based ceramics segment is expected to grow at the highest CAGR of 12.5% from 2017 to 2023.
• Asia-Pacific is expected to grow at the highest CAGR of 12.2%, from 2017 to 2023.

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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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