Market Trends of Global Digital Dentistry Industry
This section covers the major market trends shaping the Digital Dentistry Market according to our research experts:
Hospitals are Expected to Hold a Significant Market Share Over the Forecast Period
The hospital segment highly contributes to the growth of the studied market since the majority of the hospitals have a well-developed infrastructure. The rising use of dental procedures to treat various dental cavities is augmenting the demand of hospitals. Patients have been relying on hospitals as primary care centers, which is likely to continue during the forecast period.
Furthermore, the qualities of dental treatments in hospitals have improved by leaps and bounds in the urban areas, although there is a marginal level in rural areas. The number of patients getting treated also varies, and the cost factor also comes into play. There is an urgent need for research on the dental services provided by the hospitals in the present scenario. According to the Centers for Disease Control and Prevention updates from March 2022, tooth decay is found to be the most common chronic disease among 20% of children ages 5 to 11. But recently, with this COVID-19 pandemic situation having grown significantly, it has been found to have an unprecedented impact on the global economy, including that of the dental industry. Most dental clinics are found to be shut, and a few are offering only emergency services. The routine dental care was suspended and will start to get back to normal after some time. Emergency dental care was provided with advice on strict personal protection and measures to reduce and avoid the production of droplets and aerosols.
Research studies have provided an insight into the new approach to improving dental care post-pandemic. For instance, in February 2022, a research study published titled "The Impact of the COVID-19 Pandemic on Dentistry and Dental Education: A Narrative Review" stated that approximately 80% of dentists have adopted precautionary recommendations and modified them according to the type and particularities of each dental treatment. For example, to increase the safety of the working team, a recent study showed that approximately 30% of dentists wore additional protective equipment, applied sanitation, and ventilation procedures beyond those recommended by the guidelines and local health authorities, and preferred to treat infected patients or those suspected of infection at the end of the working day and used an FFP3 mask during treatment. Approximately 78% of dentists replaced the FFP2 mask after eight hours of use, even when treating non-contaminated patients, and 62% covered the FFP2 mask with an FFP1 surgical mask. Such precaution increases safety during the procedures. This would increase the number of dental procedures and the usage of digital dentistry devices and would increase the market growth. Therefore, as the situation becomes better, the dental clinics will restart their services.
Hence, all these factors are expected to show steady growth over the forecast period.
North America is Expected to Dominate the Market Over the Forecast Period
The North American region is likely to dominate the market. Factors such as advancements in technology for dental care in the region, and an increase in product launches, supported by the rising burden of dental disorders, are expected to increase the demand for dental services in the region. Centers for Disease Control and Prevention (CDC), National Center for Health Statistics titled ‘Oral and Dental Health’ updated in August 2021 reported that from 2015 to 2018 there are 13.2% of children aged 5-19 years and 25.9% of adults aged 20-44 years have untreated dental caries in the United States. Furthermore, the National Center for Health Statistics report titled ‘Early Release of Selected Estimates Based on Data From the 2019 National Health Interview Survey released in September 2020 reported that in the United States, 64.9% of the adults aged 18 and over visit dental care centers for a dental exam or cleaning in the past 12 months in 2019. Also, the National Institute of Health article titled ‘Estimates of Funding for Various Research, Condition, and Disease Categories’ published in June 2021 reported that an estimated USD 638 million annual research support for dental/Oral and Craniofacial Disease based on grants, contracts, and other funding mechanisms used across the National Institutes of Health. According to the Center for Disease Control and Prevention (CDC), National Center for Health Statistics titled 'Oral and Dental Health' updated in August 2021 reported that from 2015 to 2018 there were 13.2% of children aged 5-19 years and 25.9% of adults aged 20-44 years who had untreated dental caries in the United States. This untreated dental caries can lead to tooth extraction and generate the need for dental autoclaves in the region. Such a large number of population suffering from dental problems creates demand for digital dentistry and thus boosts the growth of the market.
Moreover, collaborations and partnerships are other factors in the growth of the market in the region. For instance, in April 2022, CAD-Ray entered into a partnership by selling TRIOS intraoral scanners to 3Shape, Inc. This partnership would increase CAD-Ray’s position as the fastest-growing and most trusted distributor, supporter, and educator of CAD/CAM technology. Such partnerships increase the presence of key players in the region, which increases the market growth.
Hence, the abovementioned factors are expected to increase the market share.
