The latest market report published by Credence Research, Inc., the market for dental equipment was valued at US$ 5,039.6 million in 2017 and is projected to reach US$ 7,951.5 million by 2026 for a CAGR of 5.3 per cent over the 2018-2026 forecast period.
Market Insights
The market for dental equipment is likely to see a healthy CAGR during the forecast period from 2018 to 2026. Variables on the market are growing older populations worldwide, increasing prevalence of oral diseases, increased spending on dental care, and increasing technological advances in dental equipment. Technological advancements, such as portable lasers, allow professionals to take advantage of home care settings, thus enhancing patient comfort. The development of cost-effective diodes with low operating costs and high precision increases the use of dental lasers by dentists and drives the growth of the market.
Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/dental-equipment-market
Laser and electro-surgery techniques are used to perform precise incisions during dental surgery; this, in turn, reduces tissue damage and heals quickly. Computer-aided design (CAD)/computer-aided manufacturing (CAM) systems require less time for prosthodontic restoration procedures. Cone-beam computed tomography (CT) systems provide clear extra-oral images and minimize exposure to harmful X-rays compared to conventional CT systems. 3D printing technology offers improved results for dental treatments, while digital radiology equipment equipped with photo archiving and communication systems (PACS) has replaced conventional radiology equipment capable of archiving.
Moreover, the presence of favorable government initiatives related to dental hygiene is also supporting the market growth. Various governments across the world are initiating reforms for the development of dental health of the citizens. Australia’s 2016—17 Budget was allotted for delivering a reform through a Single National Child and Adult Public Dental Scheme and allocated about 1.0 Bn for public services or dental care. On the contrary, higher treatment costs for orthodontic procedures including charges for dentist consultation, scans, X-rays, among others in North America and Europe are expected to hinder the market growth during the forecast period. Major participants in this industry are Danaher Corporation; Dentsply Sirona; 3M; BIOLASE, Inc.; GC Corporation; Carestream Health; Institut Straumann AG; Patterson Dental Supply, Inc. (A Subsidiary of Patterson Companies, Inc.); A-dec Inc.; and Planmeca Oy.
Key Market Movements:
- Globally, the dental equipment market shall witness a considerable growth with a CAGR of 5.3% during the forecast period from 2018 to 2026
- The dental lasers segment is expected to display the fastest market growth over the forecast period as lasers find applications during diagnostic and surgical procedures and considerably reduce treatment time. Dental lasers offer benefits including regeneration of ligament tissues & bones, portable in nature, and elimination of bleeding & surgery discomforts that enables speedy healing time post-surgery is supporting the market growth.
- North America would command the market throughout the forecast period due to the presence of key market participants & target population, rising demand for cosmetic surgeries coupled with a surge in the number of dental clinics & dentists in the U.S. & Canada. Additionally, mounting collaborations/partnerships between healthcare providers and research organizations supported by research grants are contributing to the regional growth.
- Asia Pacific is likely to witness lucrative market growth between 2018 & 2026 due to growing geriatric population, adoption of novel technologies, rapid development in the healthcare sector, increasing medical tourism and oral care awareness in India, China, Australia, and Japan
You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/59398
Report Scope by Segments
By Product Segment
- Systems & Parts
- Instrument Delivery Systems
- Vacuums & Compressors
- Cone-beam Computed Tomography (CT) Systems
- Casting Machines
- Furnace & Ovens
- Electrosurgical Instruments
- Computer-aided Design (CAD)/Computer-aided Manufacturing (CAM) Systems
- Dental Radiology Equipment
- Intraoral
- Digital X-ray Units
- Digital Sensors
- Extraoral
- Digital
- Analog (Film-based)
- Intraoral
- Laboratory Equipment
- Ceramic Furnace
- Hydraulic Press
- Electric Waxer
- Suction Unit
- Micro Motor
- Dental Lasers
- Diode Lasers
- Quantum Well Lasers
- Distributed Feedback (DFB) Lasers
- Vertical-cavity Surface-emitting Lasers (VCSELs)
- Vertical External-cavity Surface-emitting Lasers (VECSELs)
- Heterostructure Lasers
- Quantum Cascade Lasers (QCLs)
- Separate Confinement Heterostructure (SCH) Lasers
- Carbon Dioxide (CO2) Lasers
- Yttrium Aluminium Garnet (YAG) Lasers
- Diode Lasers
- Hygiene Maintenance Devices
- Sterilizers
- Air Purifiers & Filters
- Hypodermic Needle Incinerator (HNI)
- Other Equipment
- Dental Chairs
- Dental Handpieces
- Dental Curing Lights
- Scaling Units
By Geography Segment
- North America (U.S., Rest of North America)
- Europe (U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, Japan, India,Rest of Asia Pacific)
- Rest of the World (Middle East & Africa, Latin America)
Find more research reports on Medical Devices Industry, by Credence Research
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