Dental Equipment Market worth $7.5 Billion by 2021
The global dental
equipment market is expected to reach USD 7.5 billion by 2021 from USD 5.9
billion in 2016, at a CAGR of 4.9% from 2016 to 2021. A number of factors, such
as rising geriatric population, growing prevalence of oral diseases and
disorders, technological advancements, increasing demand for cosmetic
dentistry, and growing dental tourism, are driving the growth of the global
dental equipment market. However, limited reimbursement, high cost of certain
dental equipment, and growing demand for refurbished equipment are the factors
expected to restrain market growth to a certain extent in the coming years.
Browse 240
market data Tables and 41 Figures spread through 232 Pages and in-depth TOC on “Dental Equipment Market Global Forecast to 2021”
The general dental equipment segment is expected to
dominate the global dental equipment market
On the basis of products, the dental equipment market is
broadly segmented into diagnostic dental equipment, therapeutic dental
equipment, and general equipment. In 2015, the general equipment segment
accounted for the largest share of the global dental equipment market. This
segment will continue to dominate the market by 2021. The dental equipment
market has been growing steadily throughout the years due to factors such as
the rapidly growing aging population and increasing number of dental disorders
and diseases.
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By end user, the hospital and clinics segment held the
largest market share in 2015.
On the basis of end user, the dental equipment market is
broadly segmented into hospitals and clinics, dental laboratories and other end
users. The other end users include universities and government research
institutes. In 2015, the hospitals and clinics segment is estimated to account
for the largest share of the global dental equipment market. The large share of
this segment can be attributed to the increasing number of dental clinics and
hospitals and rapid adoption of advanced technologies by small and large dental
clinics and hospitals across the globe.
European region to dominate the global dental
equipment market through forecast period
Geographically, the global dental equipment market is
segmented into four major regions, namely, North America, Europe, Asia-Pacific,
and Rest of the World (RoW). Europe accounted for the largest share of dental
equipment market in 2015. The largest share of this region can be attributed to
the rising geriatric population, growing governmental expenditure on oral
healthcare across Europe, and the high reimbursement rate in developed
countries such as Germany, Sweden, and the Netherlands.
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The major players in the global dental equipment market
include A-dec Inc. (US), AMD LASERS (US), Biolase, Inc. (US), Carestream
Health, Inc. (US), Danaher Corporation (US), Ivoclar Vivadent AG
(Liechtenstein), Midmark Corporation (US), Planmeca OY (Finland), Dentsply
Sirona (US), and 3M Company (US).
Study Coverage
This report describes and studies the global dental equipment
market on the basis of product, end user, and region. It provides
detailed information regarding the major factors influencing the growth of this
market. The report includes in-depth competitive analysis and the market share
of the prominent players in this market along with their company profiles,
product portfolios, recent developments, and key business strategies.
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