Report : South & Central America Dental Milling Machines Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (In-Lab Milling Machines and In-Office Milling Machines), Technology (CAD or CAM Milling and Copying Milling Machines), Application (Bridges, Crowns, Dentures, Veneers, and Inlays or Onlays), and End User (Dental Laboratory, Dental Clinic, and Research and Academic Institutes)
At 7.8% CAGR, the South & Central America Dental Milling Machines Market is projected to be worth US$ 244.71 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the South & Central America dental milling machines market was valued at US$ 156.24 million in 2022 and is expected to reach US$ 244.71 million by 2028, registering a CAGR of 7.8% from 2022 to 2028. Rising burden of dental diseases and increasing geriatric population and growing demand for cosmetic dentistry are the critical factors attributed to the South & Central America dental milling machines market expansion.
Oral diseases, including dental diseases, are highly preventable. However, these diseases can be a major health burden for many countries and affect people throughout their lifetime. A few common dental problems include dental caries (tooth decay), periodontal diseases, and tooth loss. Thus, the increasing geriatric population and rising burden of dental diseases are boosting the demand for teeth replacement and other restoration procedures, which is fueling the South & Central America dental milling market growth.
On the contrary, high costs of dental milling machines and unfavorable reimbursement policies hampers the South & Central America dental milling machines market.
Based on product, South & Central America dental milling machines market is segmented into in-lab milling machines and in-office milling machines. The in-lab milling machines segment held 57.8% share of South & Central America dental milling machines market in 2022, amassing US$ 90.36 million. It is projected to garner US$ 139.22 million by 2028 to expand at 7.5% CAGR during 2022–2028.
Based on technology, the South & Central America dental milling machines market is segmented into CAD or CAM milling and copying milling machines. The CAD or CAM milling segment held 58.6% share of South & Central America dental milling machines market in 2022, amassing US$ 91.49 million. It is projected to garner US$ 145.04 million by 2028 to expand at 8.0% CAGR during 2022–2028.
Based on application, the South & Central America dental milling machines market is segmented into bridges, crowns, dentures, veneers, and inlays or onlays. The bridges segment held 41.0% share of South & Central America dental milling machines market in 2022, amassing US$ 64.07 million. It is projected to garner US$ 103.23 million by 2028 to expand at 8.3% CAGR during 2022–2028.
Based on end user, the South & Central America dental milling machines market is segmented into dental laboratory, dental clinic, and research and academic institutes. The dental laboratory segment held 40.3% share of South & Central America dental milling machines market in 2022, amassing US$ 63.01 million. It is projected to garner US$ 102.27 million by 2028 to expand at 8.4% CAGR during 2022–2028.
Based on country, the South & Central America dental milling machines market has been categorized into the Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 47.8% share of South & Central America dental milling machines market in 2022. It was assessed at US$ 74.65 million in 2022 and is likely to hit US$ 119.77 million by 2028, exhibiting a CAGR of 8.2% during the forecast period.
Key players dominating the South & Central America dental milling machines market are 3M Co; Amann Girrbach AG; Dentsply Sirona Inc; and Ivoclar Vivadent Inc, among others.
- In Feb 2022; Amann Girrbach launched Ceramill Motion 3, an intelligent hybrid machine which makes fabricating dentures even more convenient and digital. At the same time, users benefit from a wide variety of materials and indications and the accustomed high Amann Girrbach fabrication quality.
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