July 19, 2011
That’s BILLION with a “B”…….Rupert Murdoch speak……..I hacked his financials, I know it’s a “B”.
VANCOUVER, July 19, 2011 /PRNewswire/ – According to a new report by iData Research (www.idataresearch.net), the leading global authority in medical device and dental market research, the U.S. dental prosthetics market, including crowns/bridges, inlays/onlays, veneers and dentures recovered from the economic recession in 2010, reaching a value of over $11.2 billion. Growth is being driven by the adoption of digital and automation technologies such as in-lab and chairside CAD/CAM systems and standalone desktop scanners. Adoption of digital impression taking systems and rapid prototyping/3D printing will further fuel the dental prosthetics market to reach a value of over $16.3 billion by 2017.
“CAD/CAM systems are becoming an integral component of dental laboratories and clinics,” says Dr. Kamran Zamanian, CEO of iData. “CAD/CAM is becoming more versatile, robust and offers more options to dentists and technicians for fabricating dental prosthetics. As more companies enter the market, various pricing options and product features are expected to fuel adoption.”