PUBLISHER: Allied Market Research | PRODUCT CODE: 1414741
PUBLISHER: Allied Market Research | PRODUCT CODE: 1414741
According to a new report published by Allied Market Research, titled, "Dental Milling Machine Market," The dental milling machine market was valued at $2.1 billion in 2022, and is estimated to reach $4.6 billion by 2032, growing at a CAGR of 8.5% from 2023 to 2032. A dental milling machine is a type of machine that is used in the production of dental restorations, such as crowns, bridges, veneers, inlays, onlays, and dental implant components. These dental milling machine work on the basis of two technologies i.e., copying milling and CAD/CAM milling.
Major factors that drive the growth of the global dental milling machine market include rapid advancements in dental milling machine; rise in prevalence of dental disorders and increase in dental tourism in emerging countries. For instance, according to the National Institute of Dental and Craniofacial Research of U.S. in 2020, stated that dental caries (tooth decay) remains the most prevalent chronic disease in both children and adults. In addition, according to the same source, it was estimated that 92% of adults aged between 20 and 64 have had dental caries in their permanent teeth. The dental caries leads to the destruction of the tooth structure and tooth structure is produced by milling machine. Thus, the rise in in prevalence of dental caries drives the growth of dental milling machine market.
However, the high cost of dental milling machine is expected to hamper the dental milling machine market growth. On the contrary, surge in healthcare expenditure and unmet medical demands in developing countries are expected to create immense opportunities for the expansion of the global market in the future.
The dental milling machine market is segmented into type, axis, size, technology, and region. On the basis of type, the market is classified into in-lab milling machines and in-office milling machines. Depending on the axis, the market is categorized into 4-axis and 5-axis. By size, it is segregated into tabletop & benchtop and standalone. On the basis of technology, the market is segregated into copying milling and CAD/CAM milling. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Major players profiled in the report are 3M Company, Amann Girrbach AG, Dentsply Sirona, Institut Straumann AG, Ivoclar Vivadent AG, PLANMECA OY, Roland DGA Corporation, vhf camfacture AG, ZimVie Inc., and Zirkonzahn GmBH. These players have adopted acquisition, agreement, collaboration, product launch, and partnership as their key developmental strategies to improve their product portfolio.
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