Robotic Dentistry Market Size, Company Revenue Share, Key Drivers, and Trend Analysis Till 2028

Robotic Dentistry Market Size, Company Revenue Share, Key Drivers, and Trend Analysis Till 2028

Robotic Dentistry Market in terms of revenue was estimated to be worth $0.4 billion in 2023 and is poised to reach $1.0 billion by 2028, growing at a CAGR of 17.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. Developing countries such as China, India, the Middle East, and other APAC and Latin American countries present a lucrative opportunity for players in the market. This is mostly due to their expanding middle-class population, increasing disposable incomes, and the rising demand for dental tourism.

 

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Key Market Players of Robotic Dentistry Industry:

 

The key players in the robotic dentistry market include Planmeca Oy (Finland), Align Technology Inc. (US), Intuitive Surgical Inc (US), DENTSPLY SIRONA Inc. (US), and Envista Holdings Inc. (US). These companies adopted strategies such as partnerships, acquisitions, and investments to strengthen their presence in the robotic dentistry market.

 

During the forecast period, Asia Pacific is expected to be the fastest growing region in the robotic dentistry market. "

 

The robotic dentistry is segmented into five major regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa. Asia Pacific is expected to be the fastest-growing region in the robotic dentistry market during the forecast period. Growth in Asia Pacific in the robotic dentistry market is driven by the growing geriatric population, growing dental tourism, and factors such as the increasing number of dental professionals, the rising incidence of dental diseases, and the growing number of implant procedures.

 

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Robotic Dentistry Market Dynamics:

Drivers:

·         Technological advancements in robotic dentistry

Restraints:

·         High cost of robotic dentistry and dental procedures

Opportunities:

·         Potential for growth in emerging countries

Challenges:

·         Dearth of trained dental practitioners

The study categorizes the robotic dentistry market to forecast revenue and analyze trends in each of the following submarkets:

By Product & service

·         Standalone robot

·         Robot-assisted system and software

·         Services

By Applications

·         Implantology

·         Endodontics

·         Others

By End User

·         Dental Hospitals and Clinics

·         Dental Academic and research institutes

By Region

·         North America

·         Europe

·         Asia Pacific

·         South Korea

·         Latin America

·         Middle East and Africa

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About MarketsandMarkets™:

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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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