Dental CAD-CAM market to record 9.08% CAGR growth until 2027
High maintenance and implementation costs challenge the market’s expansion.
The dental CAD-CAM market is expected to grow by USD 921.8 million at a compound annual growth rate (CAGR) of around 9.08% until 2027.
In a report by Technavio, the market has experienced significant growth due to a demand for efficient dental solutions.
Meanwhile, utilising intraoral scanners and open architecture solutions served as key trends fueling the market’s growth as they offer quicker results on teeth impressions and opportunities for collaboration with different milling units.
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However, high maintenance and implementation costs pose as notable challenges to the market’s growth.
The report mentioned that initial costs are between $50k to $65k with ongoing maintenance as part of the expense.
Such costs impede market growth due to limited vendor presence, resulting in a decline in buyer bargaining power.