The dental training landscape is undergoing a significant transformation, with the Dental Simulator Market expected to reach a staggering US$780.5 million by 2033. This translates to a projected growth of 7.8% CAGR (Compound Annual Growth Rate) between 2023 and 2033, marking a substantial rise from the current market value of US$368.8 million.
This surge comes after a period of steady growth, with the market reaching a value of US$325 million by 2021 and registering a CAGR of 6% from 2017 to 2021. Dental simulators offer a safe and realistic training environment for dental students and professionals, contributing to improved skill development and patient care. This trend is expected to continue fueling market growth in the coming years.
The growing need to implement simulation-based training in dental practices such as surgery, thereby reducing the cost spent on cadavers and other study models, and rising awareness about human-like texture dental simulators with haptic feedback responses in dental schools in developing countries are some of the key factors contributing to the industry’s growth. Furthermore, breakthroughs in dental treatment results offered by smile simulators are propelling business expansion.
Virtual reality has been widely used in dentistry to supplement dental education and to replace traditional teaching techniques in preclinical settings. Dentistry has steadily been coupled with cloud computing, deep learning technology, and 5G to provide students with improved learning aids and different training modules as technical and scientific advancements have occurred.
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Patient simulators that demonstrate symptoms of dental illnesses and respond to therapy, displaying simulated emotions, are also included in simulation units. This function assists dental training practitioners in honing their patient-handling abilities. Hence, all these factors propel the demand for the dental simulator market.
Key Takeaways from the Dental Simulator Market Study
- FMI projects the global dental simulator market to expand at an 8% value CAGR by 2032
- The global dental simulator market is estimated at a market value of US$ 345 Million
- The global dental simulator market is expected to garner a market value of US$ 750 Million
- As per Future Market Insights, the Asia Pacific is expected to grow at a CAGR of 7% for dental simulators in the assessment period 2022-2032.
- North America is expected to grow at a CAGR of 7.5% for the dental simulator market during the forecast period.
- The hardware segment is expected to spike at a CAGR of 7.9% market share for dental simulators in the forecast period 2022-2032.
“The software segment is gaining traction owing to its convenience and low cost, an increasing number of people are adopting dental training and treatment simulation software, which is expected to fuel the market growth over the forecast period.” Says an analyst at FMI
Dental Simulator Market Competition
Dentsply Sirona, Nissin Dental Products Inc., KaVo Dental, HRV Simulation, Navadha Enterprises, VOXEL-MAN, Image Navigation, Tangshan UMG Medical Instrument Co., Ltd., Dental Art S.p.A. and 3Shape A/S are some prominent dental simulator manufacturers.
In January 2022, Dentsply Sirona announced a collaboration with the University of Toulouse in France to promote the company’s simulation units as preclinical laboratory equipment.
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More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the global Dental Simulator market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights based on Component (Hardware and Software), Application (Dental Training & Education and Treatment Planning), and End Use (Dental Schools and Hospitals & Clinics), across five major regions (North America, Europe, Asia Pacific, Latin America and Middle East & Africa).
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The healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.
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