Dental Equipment Market Scope
Market Research Future (MRFR) studied that the dental equipment market trends report estimates the industry size to attain a valuation of USD 16.9 billion by the end of the forecast period 2022-2030. The report predicts that the market will thrive at a robust CAGR of 11.5% during the assessment era.
Drivers and Restrain Impacting Dental Equipment Market
Dental equipment are instruments used by dental professionals to diagnose and treat dental conditions. These tools are required to manipulate, procure, examine, and remove teeth as well as its surrounding structures. Periodontal disease and dental caries are primary dental conditions that affect most of the population, thus drive the demand for effective dental equipment solutions.
Segment Study of Dental Equipment Market
The global dental equipment market’s segment study is based on treatment, product, and end user.
The product-based segments of the dental equipment market are dental radiology equipment, systems & parts, dental lasers, laboratory machines, and hygiene maintenance devices among others. The segment of dental radiology equipment is sub-segmented into extra-oral and intra-oral. The segment of dental lasers segment is sub-segmented into carbon dioxide lasers and diode lasers. The system & parts segment is sub-segmented into sub-segmented into CAD/CAM and cast machine among others. The segment of systems & parts is likely to secure the highest share of the overall market due to the rise in demand for CAM/ CAD. The CAD/ CAM system is observed to witness high demand as it can minimize the time required in dental procedures. The improvement in diagnosis offered by such equipment can support the rise of the market in years to come. Moreover, laboratory technicians and dentists use these tools to developed for digital impression and computer-aided design.
The treatment-based segments of the dental equipment market are endodontics, orthodontics, prosthodontic, and periodontics. The segment of prosthodontic is likely to hold the largest market share in terms of value and is expected to achieve high revenue in the market due to the increase in number of geriatric people. The increased concern about appearance and rise in sales of prosthesis for dental applications can support the market.
The end user-based segments of the dental equipment market are hospitals & clinics and dental laboratories among others. Hospital is the largest end user of different dental equipment and its segment is anticipated to acquire a major market share of the global market. The rise in number of hospitals and the growing utility of dental procedures that are performed in hospitals over dental laboratories can favor segment.
Regional Study of Dental Equipment Market
The market of dental equipment is assessed for Americas, Europe, Asia Pacific, and the Middle East Asia & Africa. The market of dental equipment market in the Americas is studied for North America. Europe dental equipment market is assessed for Eastern Europe and Western Europe. Western Europe is further studied for Spain, Germany, France, Italy, the UK, and the remaining of Western Europe. The market of dental equipment in Asia Pacific is assessed across Japan, South Korea, China, Australia, India, and the remaining of Asia Pacific.
The dental equipment market in America is likely to be the largest in the forecast period due to technological advancements, increase in count of dentists and dental clinics, rising geriatric population, and surge in dental procedures.
The market of dental equipment in Europe is expected to register health growth pace that can attributed to the presence of favorable reimbursement scenario, expansion of geriatric population, and rising government expenditure on the healthcare sector.
The market of dental equipment in Asia Pacific is expected to thrive in the worldwide dental equipment market as the surge in demand for dental procedures, adoption of innovative technologies, less stringent regulations, and rise in medical tourism, are observed. In addition, the increasing cases of oral cancers, such as; cancer of the lip and cancer of the oral cavity can support the market growth. As per World Health Organization (WHO), the increasing cases of oral cancer and its prevalence as one of the top three cancers can add to the market. In Middle East & Africa, the market of dental equipment can acquire substantial revenue due rise in need for dental procedures.
Key Players of Dental Equipment Market
Sirona Dental Systems, Danaher Corporation, Henry Schein, Inc., Biolase Inc., Dentsply International, Inc., GC Corporation, Patterson Companies Inc., Carestream Health Inc., Midmark Corporation, KaVo Dental, A-dec Inc., Bien-Air Medical Technologies, and 3M, are the significant firms holding a major portion of the Dental Equipment Market share.
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