CHICAGO, Feb. 23, 2023 /PRNewswire/ — The global market size for augmented and virtual reality in dentistry was around US$550.1 million in 2022 and is forecast to reach US$3,554.5 million by 2030 and 2023-2030 with at an annual growth rate of 18.4%, according to a recent market analysis conducted by Cognitive Market Research. Dentaverse aims to bridge the gap between physical and virtual dental care for dental professionals and dental students. For example, virtual and augmented reality technologies have become an important teaching tool for University of Queensland dental students.
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Key Findings While Studying Augmented and Virtual Reality in Dentistry Market:
Augmented reality technology is widely favored in dental practices, especially in dental implants, craniofacial surgery and orthognathic surgery. During these surgeries, AR focuses on providing more visibility of the surgical field. It is therefore primarily used to display dynamic navigation systems in dental implantology
As for the components, hardware takes a large market share due to the launch of various devices such as glasses and headsets used by big players in AR and VR. These devices simulate patient responses, driving demand for hardware components in dentistry
Dental Education/Training held a significant market share in augmented and virtual reality in the dental market. Demand for AR and VR in education and training has continued to grow amid the COVID-19 pandemic as restrictions to prevent the spread of the pandemic have provided students with limited learning opportunities
North America and Asia Pacific have a significant market share due to the widespread adoption of VR and AR technology in countries like the US, Japan, China and Australia. For example, Wikitude and Cybernet have announced their partnership to promote AR technology in the Japanese market and promote market growth in the APAC region
Europe is estimated to witness the highest CAGR over the forecast period. This is due to the boom in the dental industry
Computer assisted procedures are becoming increasingly popular in various areas of dentistry. Hence, the increasing role of AR and VR technologies in dental practices is driving the market growth. For example, Magic Leap targeted the enterprise market for AR rather than the consumer market. In addition, the company has also configured a vertical orientation that makes it easier to navigate the AR environment
Read Full Augmented Reality and Virtual Reality in Dentistry Market Analysis: by Technology (Augmented Reality, Virtual Reality); by component (hardware, software, services); upon request (dental education and training, oral and maxillofacial surgery, pediatric dentistry, dental implantology, restorative dentistry and endodontics); by end use (dental schools, hospitals and clinics); by Region (North America, Europe, Asia Pacific, Latin America & Middle East & Africa) Global Industry Analysis, Impact of COVID-19 and Industry Forecast, 2018-2030
Global Statistics On Augmented And Virtual Reality In Dentistry Industry:
Global augmented and virtual reality in the dentistry market
2022
Global Revenue (USD million)
550.1
CAGR (2023 to 2030)
18.4%
Key Technology Stock
Augmented Reality: 61.1%
Key Component Percentage
Hardware: 54.2%
Key Application Share
Dental education/training: 31.5%
Key end use share
Hospitals & Clinics: 58.9%
Key Regional Share
North America: 36.6%
What are the current trends in the market for augmented and virtual reality in dentistry?
The dental industry is constantly evolving due to the constant innovation of technologies. The number of dental surgeries performed annually is increasing exponentially as cases of dental problems increase. Dental problems in the geriatric population are common. In addition, the high prevalence of dental problems in children is increasing due to unhealthy eating habits. Awareness of oral care has also increased over the past decade. All these reasons have boosted the growth of the dental industry worldwide.
The turn of computerized technology has significantly impacted the dental industry, the wide use of technological tools like AR and VR is proving to be very beneficial for its growth. Widely recognized in dental education and training, simulation technology allows instructors to demonstrate various dental techniques to improve students’ manual dexterity. The technology offers high precision during the learning phase through the direct participation of each student.
In addition, anxiety and fear of pain are very common in patients before dental surgery. In such scenarios, VR helps doctors transport patients to an artificial environment with pleasant views to distract their minds. In addition, if a device breaks down, it is not advisable to wait for a professional to repair it, as it could be dangerous for patients. AR technology allows technicians to remotely guide dentists through their headsets so they can easily repair dental equipment.
It is not inappropriate to say that the future is here as AR and VR will definitely change the way dentists and patients live.
Now, however, researchers have also developed artificial skin that allows patients to feel environments created by VR and AR technologies. A skin-like material stimulates a far more realistic sense of touch when worn than current haptic feedback technologies. In the next step, a fully wearable prototype for use in VR and AR will be developed.
Read the full report with table of contents and contact the author:
https://www.cognitivemarketresearch.com/augmented-and-virtual-reality-in-dentistry-market-report
What is the impact of COVID-19 on the Augmented and Virtual Reality in Dentistry market?
The advent of the COVID-19 pandemic has resulted in lockdowns, social distancing and quarantines. However, during these troubled times, AR and VR technologies have proven to be beneficial to the healthcare sector, including dentistry. This was due to the main components of these technologies such as sensors, displays and embedded electronic devices that have enabled a virtual and realistic environment for the users. This enabled convenient communication between patients and dentists.
In addition, the COVID-19 pandemic has also changed educational approaches in dental facilities. During the pandemic, access to cadavers had become a challenge, encouraging providers to innovate their teaching methods. This has reshaped the virtual and augmented reality market in dental education and training.
Augmented and Virtual Reality in Dentistry – Scope of the Market Report
Augmented and Virtual Reality in the Dentistry Market – Technology Type Outlook (Revenue, $M, 2018-2030)
expanded reality
Virtual reality
Augmented and Virtual Reality in the Dentistry Market – Components Outlook (Revenue, $M, 2018-2030)
Augmented and Virtual Reality in the Dentistry Market – Application Outlook (Revenue, $M, 2018-2030)
Dental education/training
Mouth, jaw, and facial surgery
pediatric dentistry
Dental implantology
Restorative Dentistry and Endodontics
Augmented and Virtual Reality in the Dentistry Market – End-Use Outlook (Revenue, $M, 2018-2030)
Dental Schools
Hospitals & Clinics
Augmented and Virtual Reality in Dentistry Market – Outlook by Regions (Revenue, USD Million, 2018-2030)
North America (USA, Canada, Mexico)
Europe (Germany, France, Great Britain, Italy, Spain, Russia, rest of Europe)
Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of APAC)
Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Middle East & Africa (GCC, Saudi Arabia, Turkey, Egypt, Rest of MEA)
List of Major Players in Augmented and Virtual Reality in Dentistry Market
Related Reports on Augmented and Virtual Reality in Dentistry Market:
The global virtual reality market is expected to reach US$53.14 billion by 2030, growing at a CAGR of 12.83%. Virtual reality is a simulated 3D environment that allows users to explore and interact with virtual environments by providing an immersive sense of a virtual world. VR technology is one of the most significant steps in the entertainment industry as it brings an impossible possibility to life. Integrating this technology into entertainment platforms helps businesses connect and reach users worldwide. So it is clear that the market for virtual reality technology is huge.
The global telemedicine market is expected to reach US$415.28 billion by 2030, growing at a CAGR of 25.02%. For nearly four decades, telemedicine has made healthcare accessible to patients in remote locations. This allows doctors and healthcare facilities to reach facilities outside of their own network. In recent years, the adoption of smart devices and the spread of the Internet has increased rapidly. Smart devices offer patients flexibility on a smartphone or tablet. With a mobile device, users can easily connect with their doctors and therapists. This rapid expansion has fueled the growth of the telemedicine market.
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