The Global Dental CAM Milling Machine Market is expected to grow at a CAGR of 7.6% and reach USD 1415.6 million by the end of the forecast period of 2016 to 2022, as per a research report published by Market Research Future (MRFR).
Key Players for Global Dental CAM Milling Machine Market
The global dental CAM milling market is highly competitive. To sustain the intense competition and retain their market position, the key players are implementing various strategies such as mergers, acquisitions, partnerships, etc. The key players are also focusing on product development and innovation to gain an edge over the market. Notable players of the global Dental CAM Milling Machine market include Axsys Incorporated (U.S.), DATRON AG (Germany), KaVo Dental GmbH (U.S.), Straumann (Switzerland), Roland DGA Corporation (Japan), B&D Dental Technologies (U.S.), Dentsply Sirona (U.S.), Planmeca OY (Finland), Yenadent Ltd (Turkey), and CHIRON Werke GmbH & Co. KG (Germany).
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Dental CAM Milling Machine Market – Overview
Dental CAM Milling Machines facilitate customization of dental accessories and offer the advantages of better predictability, increased accuracy, efficiency, and cost-effectiveness as compared to the traditional manufacturing process. It is primarily on account of these benefits that the Dental CAM Milling Machine market is expediting. Dental CAM Milling Machines are gaining traction as they are a better alternative to the conventional technologies. The rise in a number of dental prostheses procedures and cosmetic dentistry has been a significant driver of the market. The rise in the geriatric population who are at more risk of acquiring dental disorders have also led the market for Dental CAM Milling Machine.
Technological advancements in dental treatment procedures have reflected favorably on the growth of the market. The rise in dental tourism also provides ample growth opportunities. In the recent years, there has been an increasing trend of dental tourism in the developing nations of the world as they provide quality treatment at a much lesser cost than that of the developed nations. However, the market growth might be restrained by proper reimbursement policies for dental treatments.
In June 2018, Sinopharm Dental Co., Ltd. presented vhf’s Z4, a highly precise dental milling machine at the largest dental exhibition in China. The Visionary Z4 would be available for customers in China.
Segments for Global Dental CAM Milling Machine Market
The global Dental CAM Milling Machine market has been segmented based on type of product, component, application, and end-user. By type of product, the market has been segmented into in-Lab system, and in-office system. By component, the market has been segmented into equipment, and software. By application, the market has been segmented into crowns, dentures, bridges, veneers and inlays/onlays. By end-users, the market has been segmented into dental laboratory, dental clinic, and research/academic institute. Lab Scale milling machines hold the largest share of 65.2% of the market.
Regional Analysis for Global Dental CAM Milling Machine Market
The key markets of the global Dental CAM Milling Machine market include the Americas, Europe, and Asia Pacific. Europe holds the largest market share of the global market and is expected to reach USD 363.3 Million by the end of the forecast period. Growing demand for cosmetic dentistry along with the rising trend of corrective and preventive dentistry in the region boost the market in Europe. The America market for dental CAM is also consolidated due to the presence of huge patient population suffering from dental diseases which induce demand for the market. Asia Pacific is expected to emerge as the fastest growing market with a growth rate of 7.6% and has potential growth opportunities owing to factors such as increased healthcare spending and government endeavors to improve healthcare infrastructure. Presence of a large population with unmet medical needs along with growing expenditure on dental care in the developing economies of the region supports the growth of Asia Pacific market.
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