Dental CAD-CAM market 2023-2027: A descriptive analysis of parent market, five forces model, market dynamics, and segmentation

NEW YORK, Dec. 14, 2022 /PRNewswire/ — According to Technavio, the global dental CAD-CAM market size is projected to grow by USD 921.8 million from 2022 to 2027. The market is estimated to grow at a CAGR of 9.08% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 37% of the market’s growth during the forecast period.

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Global dental CAD-CAM market– Parent market analysis

Technavio categorizes the global dental CAD-CAM market as a part of the healthcare technology segment, which, in turn, is a part of the global healthcare market. The market includes the revenue generated from the sales of healthcare applications and IT systems; Internet-based healthcare tools (such as monitoring devices); and IT consulting services to clinics, hospitals, or businesses operating primarily in the healthcare sector.

Technavio calculates the global healthcare market size based on the combined revenue generated by manufacturers/providers of equipment, supplies, pharmaceuticals, biotechnology, healthcare technology players, and life sciences tools and services.

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Global dental CAD-CAM market – Five Forces

The global dental CAD-CAM market is fragmented, and the five forces analysis covers–

• Bargaining Power of Buyers

• Threat of New Entrants

• Threat of Rivalry

• Bargaining Power of Suppliers

• Threat of Substitutes

• Interpretation of Porter’s Five Forces model helps to strategize the business, for entire details – buy report!

Global dental CAD-CAM market– Customer landscape

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

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Global dental CAD-CAM market – Segmentation assessment

Segment Overview

Technavio has segmented the market based on product, end-user and geography.

• Global increment in the number of people without teeth, the prevalence of dental caries among all age groups, public awareness of the value of oral health, and the desire for specialized treatments that can be delivered in a short amount of time will all contribute to the market’s expansion. The growing number of dental service organizations (DSOs) strengthens this market sector even more. This market sector will be further stimulated by the increase in demand for dental cosmetic procedures.

Geography Overview

By geography, the global dental CAD-CAM market is segmented into North America, Europe, Asia, and the Rest of the World (ROW). The report provides actionable insights and estimates the contribution of all regions to the growth of the global dental CAD-CAM market.

• North America will account for 37% of the market’s growth during the forecast period. The market in the region is estimated to grow at the fastest pace during the forecast period. The factors influencing the market expansion in North America include an advanced healthcare infrastructure, a high level of patient awareness, a solid and trustworthy reimbursement system, and a high prevalence of dental caries in nations like the US and Canada.

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Global dental CAD-CAM market – Market dynamics

Key factors driving market growth

• The high demand for dental cosmetic surgeries is the key factor driving the growth of global dental computer-aided design (CAD) and computer-aided manufacturing (CAM).

• The global cosmetic dentistry market is projected to expand due to the rising demand for tooth whitening, veneers, inlays, onlays, crowns, and bonding that are made of natural-looking materials. Additionally, consumers in developing nations have seen an increase in disposable money, which has lowered the cost of CAD-CAM-assisted dental operations.

• Furthermore, dental businesses are growing their clientele by promoting their goods and services. The need for dental cosmetic procedures has been driven by a combination of these factors, which are fueling the dental CAD-CAM market during the forecast period.

Recent trends influencing the market

• The use of intraoral scanners and open architecture solutions will fuel the global dental CAD-CAM market growth.         

• In order to quickly capture impressions of teeth, dentists have started using highly advanced intraoral scanners.  These impressions are sent to the laboratory for milling and cutting purposes.

• Since there are numerous intra-oral scanners on the market, scanner manufacturers offer open-architecture software so that customers can choose the milling centers they want. Therefore, expanding the adoption of intraoral scanners and open architecture solutions will benefit the market throughout the anticipated period.

Major challenges hindering the market growth

• The high maintenance and implementation cost for CAD-CAM systems is a major challenge to the global dental CAD-CAM market growth.

• Dental labs and clinics need to make a large investment to establish dental CAD-CAM systems and related accessories. Additionally, these systems need routine maintenance, which dramatically raises the overall cost of ownership. The high price of CAD-CAM systems and software is a significant element that restricts the market’s expansion.

Drivers, Trends, and Challenges are the factors of market dynamics, which state about consequences and sustainability of the businesses. Find some insights from a sample report!

What are the key data covered in this dental CAD-CAM market report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the dental CAD-CAM market between 2023 and 2027

• Precise estimation of the size of the dental CAD-CAM market and its contribution to the parent market

• Accurate predictions about upcoming trends and changes in consumer behavior

• Growth of the dental CAD-CAM market industry across North America, Europe, Asia, and the Rest of the World (ROW)

• A thorough analysis of the market’s competitive landscape and detailed information about vendors

• Comprehensive analysis of factors that will challenge the growth of dental CAD-CAM market vendors

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Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

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Website: www.technavio.com/

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SOURCE Technavio