Robotic Dentistry Market by Product and Services (Standalone Robots, Robot Assisted Systems, Software, Services), Application (Implantology, Endodontics), End User (Dental Hospitals, Clinics, Dental Academic, Research Institute) & Region - Global Forecast to 2028
The global robotic dentistry market is projected to reach USD 1.0 billion in 2028 from USD 0.4 billion in 2023, at a CAGR of 17.3% during the forecast period. The incidence of dental problems such as dental caries and the growing market for dental tourism in developing countries are major key drivers for the market. However, the high cost of standalone robots is the factor that impedes market growth.
“By product & Service, the robot-assisted system and software market is the larger segment in the robotic dentistry market in 2022.”
Standalone robot, robot-assisted system, and software and services. The robot-assisted system and software occupied the larger share of the robotic dentistry market in 2022. The robot-assisted system and software are less time-consuming and provide more accurate results for dental treatment. These factors are the major reasons for their higher growth. Additionally, the rapidly growing aging population and the increasing number of dental disorders and diseases are some of the major growth drivers for this segment.
“Among application segments, the implantology segment is expected to be the fastest growing segment from 2023 to 2028.”
Out of the application segment, the implantology segment is expected to grow at the highest CAGR from 2023 to 2028. Factors such as the rising number of population suffering from dental diseases are contributing to the growth of the robotic dentistry market. Robotic dentistry has become widely used in implantology, which has considerably increased the availability of robot-assisted system and software, and the growing number of people opting for various dental procedures are expected to drive the demand for robotic dentistry in this application segment contributing to the growth of this market.
“In 2022, North America accounted for the largest share of the robotic dentistry market. “
The primary factors driving the growth of the North American robotic dentistry market include the rising geriatric population and the growing expenditure of the government on oral healthcare across the region. The growing availability of reimbursement policies is favorable and contributes to the growth of the robotic dentistry market. There is certain growth in the number of dental hospitals and clinics, which also contributes to the growth of the market.
All the above-mentioned factors, and the introduction of advanced and new technologies, are contributing to the growth of the robotic dentistry market.
A breakdown of the primary participants referred to for the robotic dentistry market is provided below:
By Company Type (Supply-side): Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
By Designation: C-level: 20%, Director-level: 35%, and Others: 45%
By Region: North America: 30%, Europe: 27%, Asia-Pacific: 25%, Latin America: 10%, and Middle East and Africa: 8%
The key players in the robotic dentistry market include The key players in the robotic dentistry market include Planmeca Oy (Finland), Align Technology Inc. (US), Intuitive Surgical Inc (US), DENTSPLY SIRONA Inc. (US), and Envista Holdings Inc. (US).
Research Coverage:
The report analyzes the robotic dentistry market and aims to estimate the market size and future growth potential of this market based on various segments such as end-user, application, region, and type. The report also includes a competitive analysis of the key players in this market, along with their company profiles, product offerings, recent developments, and key market strategies.
Reasons to Buy the Report
The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or a combination of the below-mentioned five strategies.
This report provides insights into the following pointers:
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Market Driver: The growth of the market is attributed to the increase in advanced technology and the benefits of using robot systems.
Market Penetration: Comprehensive information on the product portfolios of the top players in the robotic dentistry market. The report analyzes the market based on the modality, end users, applications, and region.
Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the robotic dentistry market.
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for robotic dentistry across regions.
Market Diversification: Exhaustive information about products, untapped regions, recent developments, and investments in the robotic dentistry market.
Competitive Assessment: In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of the leading players in the robotic dentistry market.