The global dental milling machine market is anticipated to reach US$ 3,203.1 Mn in 2027 from US$ 1,485.0 Mn in 2018. The market is anticipated to grow with a CAGR of 9.2% from 2019-2027.
The report provides trends prevailing in the global dental milling machine market and the factors driving the market along with those that act as hindrances. Driving factors such as the rising prevalence of tooth loss, increasing adoption of cosmetic dentistry and advantages offered by CAD/CAM dentistry are expected to boost the market growth. However, limitations associated with CAD/CAM dental milling coupled with high capital costs of instruments are likely to have a negative impact on the growth of the market in the coming years.
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The dental milling machine market majorly consists of the players such as Dentsply Sirona, Amann Girrbach AG, DATRON AG, Zirkozahn AG, Roders GmbH, iMes-iCore GmbH, Institut Straumann AG, Renishaw Plc, Ivoclar Vivadent AG, and Planmeca Oy among others. Various companies are focusing on organic strategies such as product launch and product approvals. Inorganic growth strategies activities witnessed in the market were partnerships and acquisitions. For instance, since January 2019, ORCA Dental AI and Planmeca Oy have partnered together for the development of new technology.
The global dental milling machine market, based on the product type, is segmented into in-lab milling machines and in-office milling machines. In 2018, the in-lab milling machines accounted for the largest market share in the global dental milling machine market by type. The in-lab dental milling machines results in efficient modeling of dental structures. In addition, outsourcing is a popular business model in the current scenario due to which the small and medium-sized dental clinics usually prefer to outsource milling of dental prostheses and restorations to professional dental laboratories. The cost of these systems is significantly high to be afforded by small clinics. On the other hand, the in-office milling machines are likely to be growing at a rapid pace as these are compact and relatively cost-effective solutions backed up with advanced CAD/CAM software which help to perform the milling tasks at high accuracy in quicker time.
Key factors that are driving the growth of the market are increasing the prevalence of tooth loss, rising adoption of cosmetic dentistry and advantages offered by CAD/CAM based dental milling. Although the market of the dental milling machine is expected to have restraining factors which include limitations of the CAD/CAM technique coupled with high capital costs of the systems.
Some of the activities undertaken by the companies, which have promoted its growth are majorly organic developments. Companies such as Planmeca Oy, Ivoclar Vivadent, and Institut Straumann among others have been implementing various strategies that have helped the growth of the company and in turn, have brought about various changes in the Dental milling machine market. The companies have utilized strategies such as product launches, and approvals of their product portfolio and area expansion for the growth of their organizations.
The report segments the Global Dental Milling Machine Market as follows:
Global Dental Milling Machine Market – By Product Type
Global Dental Milling Machine Market – By Product Size
Global Dental Milling Machine Market – By Application
Global Dental Milling Machine Market – By End User
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