Digital Dentistry Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Type (Instruments, Consumables); By End User (Hospitals, Dental Clinics, Others); By Application (Diagnostics, Therapeutics, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
Global Digital Dentistry Market Size More Than Doubles at Significant CAGR of 10.9% to Touch USD 13.4 Billion by 2029
Global digital dentistry market is gaining traction because of the rising prevalence of dental problems and technological advancements.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global digital dentistry market size at USD 6.49 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Global digital dentistry market size to grow at a CAGR of 10.88% reaching a value of USD 13.37 billion by 2029. The increasing incidences of dental disorders, as well as the increasing usage of cutting-edge technologies, such as CAD/CAM systems and 3D scanning, are major driving factors for the global digital dentistry market. Furthermore, improved cost-effectiveness and an increase in the number of cosmetic treatment operations are expected to have a favorable impact on the global digital dentistry market during the forecast period.
Global Digital Dentistry Market – Overview
Digital dentistry refers to dental technique or gadget that employs digital or computer-based components rather than previous mechanical or electrical approaches. Dentists can make a 3D scan of a patient's mouth using computer-aided design (CAD) and computer-aided manufacturing (CAM). Using a 3D printer, this technology allows dental professionals to create dentures, veneers, crowns, bridges, and much more. Digital dentistry is capable of producing the finest quality dental treatment by integrating cutting-edge technologies.
Global Digital Dentistry Market
Segmental Information
Global Digital Dentistry Market – By Application
Based on application, the global digital dentistry market is segmented into diagnostics, therapeutics, and others. The diagnostic segment accounts for the highest share of the market. Doctors, specialists, and lab physicians employ innovative technologies, like digital photography and DIAGNOdent, to assess the extent of tooth damage. Dentists are using digital diagnostics to create a blueprint for their patients' personalized dental restorations. It provides a clear method for meeting each patient's specifications while also creating an appealing look.
Impact of COVID-19 on the Global Digital Dentistry Market
The COVID-19 pandemic disrupted the growth of the global digital dentistry market. All dental procedures were postponed in different parts of the world during the pandemic due to high risk of virus transmission among doctors and patients. The number of hospital visits declined due to a significant surge in the rate of hospital-acquired infections. As a result, the industry players registered slow demand for CAD/CAM scanners and software, which incurred huge losses to the market. However, with the resumption of dental services following COVID-19, the industry is expected to gain traction.
Competitive Landscape
Major players operating in the global digital dentistry market include Envista Holdings Corporation, 3M Company, Ivoclar Vivadent AG, Planmeca OY, 3Shape, J Morita Corporation, Straumann Group, Bego GMBH & Co. KG, Roland DG Corporation, DWS Systems SRL, Medit, Sinol, Shandong Huge Dental Material Corporation, GC Corporation, and Carima.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Digital Dentistry Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Digital Dentistry Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.