Dental Equipment Market is Presumed to Flourish at a Healthy CAGR of 5.20% During Forecast to 2023
Market Analysis:
The dental equipment market is likely to touch USD
9,280.3 million at a 5.20% CAGR between 2016-2023, as per the latest Market
Research Future (MRFR) report. Dental equipment is a tool used by dentists for
identifying and treating dental conditions. Such tools are used for examining,
manipulating, treating, restoring, and removing teeth and surrounding oral
structures. It has wide application in dental laboratories, clinics, and
hospitals. Hygiene maintenance devices, laboratory machines, systems and parts,
dental lasers, dental radiology equipment, and others are the different types
of dental equipment that are generally used by dental practitioners.
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Numerous factors are adding to the global
dental equipment market. These factors, as per the MRFR report, include
favorable government initiatives related to dental hygiene, demand for
surgical, restorative, and preventive services for dental care, rising
geriatric population, increase in medical tourism activities, increasing
incidence of dental disorders, and demand for dental procedures. Additional
factors adding market growth include poor oral hygiene, morbid diet,
consumption of alcohol or tobacco, increase in dental practitioners and dental
clinics, innovations in radiology and imaging, demand for cosmetic dentistry,
and rising prevalence of periodontal diseases and dental caries.
On the flip side, the high price of dental
equipment may limit the global Dental Equipment
Market Size growth
over the forecast period.
Key Players:
Notable players profiled in the global dental
equipment market report include Danaher Corporation, Carestream Health Inc., GC
Corporation, Bien-Air Medical Technologies, 3M, Midmark Corporation, A-dec
Inc., KaVo Dental, Patterson Companies Inc., Biolase Inc, Dentsply
International, Inc., Henry Schein, Inc., and Sirona Dental Systems.
Market Segmentation:
The MRFR report provides an inclusive segmental
analysis of the global Dental Equipment Market based on end user, treatment, and
product.
By product, the global dental equipment market is
segmented into hygiene maintenance devices, laboratory machines, systems and
parts, dental lasers, dental radiology equipment, and others. Dental radiology
equipment is again segmented into extra-oral and intra-oral. Dental lasers are
again segmented into carbon dioxide lasers and diode lasers. System and parts
are again segmented into cast machine, CAD/CAM, and others. Of these, systems
and parts will lead the market during the forecast period.
By treatment, the global dental equipment market is
segmented into prosthodontic, periodontics, endodontics, and orthodontics. Of
these, prosthodontic will dominate the market over the forecast period for
increasing concern about appearance, which need prosthesis in dental cases and
rising geriatric population.
By end user, the global dental equipment market is
segmented into dental laboratories, hospitals and clinics, and others. Of
these, hospitals and clinics will have a major share in the market over the
forecast period.
Regional Analysis:
By region, the global dental equipment market
report covers the recent trends and growth opportunities across the Americas,
Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of
these, the Americas will dominate the market during the forecast period for the
rising number of dental procedures, increasing number of dental clinics and
dentists, rising geriatric population, and technological advances.
The global dental equipment market in Europe is
predicted to have a healthy growth over the forecast period for the increasing
geriatric population, an increase in government expenditure on healthcare, and
favorable reimbursement scenario.
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The global dental equipment market in the APAC
region is predicted to grow at the fastest pace over the forecast period for
the increase in medical tourism, the use of innovative technologies, less
stringent regulations, and demand for dental procedures. Besides, the rising
prevalence of oral cancer is also adding market growth.
The global dental equipment market in the MEA is
predicted to have steady growth over the forecast period for the growing demand
for dental procedures.
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