Dental Milling Machine Market - Detailed Analysis of Current and Future Industry Figures till 2027 | Zirkonzahn, Renishaw, Ivoclar Vivadent AG, DATRON AG, Amann Girrbach AG, iMes-iCore, R�ders

The report provides trends prevailing in the global dental milling machine market and the factors driving the market along with those that act as hindrances. Driving factors such as the rising prevalence of tooth loss, increasing adoption of cosmetic dentistry and advantages offered by CAD/CAM dentistry are expected to boost the market growth. However, limitations associated with CAD/CAM dental milling coupled with high capital costs of instruments are likely to have a negative impact on the growth of the market in the coming years.

The global dental milling machine market is anticipated to reach US$ 3,203.1 Mn in 2027 from US$ 1,485.0 Mn in 2018. The market is anticipated to grow with a CAGR of 9.2% from 2019-2027.

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The dental cosmetic industry has gained significant traction and popularity over a period. The aesthetic dentistry intends to improve the appearance of gums, teeth, and bites. Cosmetic implant dentistry is also being induced through surgeries that involve smile correction and other aesthetic procedures. Millennial and baby boomers are primarily responsible for the growth of cosmetic dentistry. The increasing demand for cosmetic dentistry has thus fueled the need for dental milling machines and its accessories. A recent survey of dental professionals conducted by the American Academy of Cosmetic Dentistry (AACD) 2015 reported that cosmetic dentistry continues to be very popular with patients seeking aesthetic treatments.

The dental milling machine market on the basis of product type is segmented into in-lab milling machines and in-office milling machines. In 2018, the in-lab milling machines accounted for the largest market share in the global dental milling machine market by type. The in-lab dental milling machines results in efficient modeling of dental structures. In addition, outsourcing is a popular business model in the current scenario due to which the small and medium-sized dental clinics usually prefer to outsource milling of dental prostheses and restorations to professional dental laboratories. The cost of these systems is significantly high to be afforded by small clinics. On the other hand, the in-office milling machines are likely to be growing at a rapid pace as these are compact and relatively cost-effective solutions backed up with advanced CAD/CAM software which help to perform the milling tasks at high accuracy in quicker time.

Key Players Influencing the Market

Dentsply Sirona
Amann Girrbach AG
DATRON AG
Zirkonzahn AG
R�ders GmbH
iMes-iCore GmbH
Institut Straumann AG
Renishaw Plc
Ivoclar Vivadent AG
Planmeca Oy

The dental implant tourism in India has flourished in recent years due to the high-quality of work at a low price as compared to other countries. Government and industrial infrastructure favor the growth of dental tourism in India. The opportunities, such as good quality care in India at lesser prices, help the country to make further progress in the field of dental tourism. The Journal of Clinical and Diagnostic Research 2016 reports that the cost for smile designing in the US is $8,000, and in India is $1,000, and for dental implants in the US is $2,000 in Hungary is $1070 and in India $600 approximately. Moreover, the Dental Tourism India estimates that dental implant procedures performed in India as compared to the North American and European countries can save up to 80% of the costs. Similarly, according to the American Academy of Implant Dentistry, for Canadians and Americans, a full set of dental implants in Mexico is easily affordable and do not compromise on quality. The increasing influx of patients to the emerging economies for dental implant procedures are likely to offer growth opportunities for the manufacturers as well as healthcare providers and dental implant equipment suppliers in these regions.

In recent years, dentistry has emerged as an increasingly popular type of medical tourism. This treatment involves traveling outside of the local healthcare ecosystem to receive services at a significantly lower cost. The treatment typically takes place at the end of a vacation to make the most of the travel expenses. The majority of dental tourism advertisements target Americans for treatment in Mexico or Costa Rico and Australians for treatment in Thailand or India. Dental Tourism is an increasingly growing segment of the medical tourism industry.

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Answers that the report acknowledges:
o Market size and growth rate during forecast period.
o Key factors driving the Dental Milling Machine Market.
o Key market trends cracking up the growth of the Dental Milling Machine Market.
o Challenges to market growth.
o Key vendors of Dental Milling Machine Market.
o Detailed SWOT analysis.
o Opportunities and threats faces by the existing vendors in Global Dental Milling Machine Market.
o Trending factors influencing the market in the geographical regions.
o Strategic initiatives focusing the leading vendors.
o PEST analysis of the market in the five major regions.

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