The U.S. digital dentistry market is set to grow significantly over the next few years, with its highest growth anticipated at $1.37 billion by 2027, according to an iData Research report released Nov. 12.
iData Research is a global consulting and market research firm.
Three report findings:
1. COVID-19 factors forced a nearly 4 percent decrease in 2020 from a valuation of $907 million in 2019.
2. The U.S. digital dentistry market is struck by intense pricing competition largely driven by low-cost producers of both equipment and materials. Further, this trickle-down effect is becoming significantly more prevalent in the capital equipment space.
3. While there are many competitors within this market, Dentsply Sirona and Align Technology are the key leaders, followed by Ivoclar Vivadent.