Market Trends of Dental CAD Industry
This section covers the major market trends shaping the Dental CAD Market according to our research experts:
The Scanners Segment is Expected to Hold Significant Share in Dental CAD Market Over the Forecast Period
The Scanners segment is expected to hold a significant share and is expected to do the same over the forecast period. The Scanners segment is expected to grow rapidly, due to the use of intra-oral scanners. Intraoral scanners are the most widely used scanners to capture direct optical impressions in dentistry. Most dentists use highly advanced intra-oral scanners to take impressions of the teeth at high speed. Due to the increased demand for scanners, companies are investing in this segment. Some of the companies offering intraoral scanners are 3Shape, Planmeca, Dental Wings Inc., and Carestream, among others. Due to the increasing advantages of the scanner, the studied segment is expected to experience growth.
According to an article published by PubMed Central in January 2022, intraoral scanners offer significant advantages, such as reduced patient discomfort, time efficiency, simplification of clinical procedures, and the benefit of capturing and storing highly accurate information. The article further stated that their use in the domain of orthodontics is also growing wider in recent years, which is due to their potential to perform full arch scanning, indirect bonding, and digitally fabricate fixed orthodontic appliances. Hence, the advantages offered by intraoral scanners and their increasing use in dentistry is expected to enhance the segment growth.
Additionally, key product launches by major market players are enhancing the segment growth. For instance, in April 2022, Medit launched the i700 wireless intraoral scanner, a newly designed wireless wand with the same speed, accuracy, and lightness.
Thus, with the advantages associated with the scanners, the increased demand for scanners, and the growing focus by key players in the development and commercialization of advanced scanners, the studied segment is expected to grow over the forecast period.
North America Holds a Significant Share in the Dental CAD Market and is Anticipated to Continue the Same Over the Forecast Period
North America holds a significant share in the dental CAD market and is expected to witness the same growth over the forecast period.
The growing burden of dental diseases and the availability of sophisticated healthcare infrastructure, along with the increasing adoption of advanced dental treatment procedures, are major factors driving the growth of the dental CAD market in North America. According to the American Cancer Society, in 2022, approximately 54,000 American population are estimated to be diagnosed with oral cavity or oropharyngeal cancer in the United States.
Also, according to the American Dental Association (ADA) in January 2022, there are around 201,927 professionally active dentists in the United States. The increasing number of dentists in the country is expected to increase the create more demand for dental products such as CAD products. Thus, the increasing number of dentists is expected to propel the studied market growth in the region.
The increasing number of dentists and dental offices in Canada is also expected to enhance market growth. For instance, according to the data published by the Canadian Dental Association in September 2022, there are approximately 25,500 licensed dentists in Canada in 2022 which stands for 65 dentists for every 100,000 Canadians. They are operating in roughly 16,000 dental offices in Canada.
Furthermore, the technological advancements in intraoral scanners and CAD provide multiple benefits, ranging from safety to improved treatment outcomes. There has been a growing inclination of the American population toward dental CAD, as tooth repair procedures can be completed in less than a day, and no further or repetitive dental appointments may be required. Additionally, in November 2021, Exocad launched the ChairsideCAD 3.0 a CAD software designed for chairside, single-visit dentistry in North America. Furthermore, in April 2022, CAD-Ray and 3Shape entered a collaboration to sell 3Shape intraoral scanners in the United States and Canada markets. Such product launches is expected to propell the market growth in this region.
Thus, the increasing number of dental problems and technological advancements are expected to increase the growth of the dental CAD market in North America.
