Dental Sterilization Market Provide a Wide Range of Growth Opportunities for Players in the Market
According to research report the global dental sterilization market is projected
to reach USD 1.48 billion by 2023 from USD 1.08 billion in 2018, at a CAGR of 6.6%.
Factors such as the increasing number of dental facilities and the growing pool
of dental care personnel, growing prevalence of dental ailments, and the
increasing demand for cosmetic dentistry are expected to drive the market. The
emerging markets are expected to provide a wide range of growth opportunities
for players in the market.
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In this report, the dental
sterilization market is segmented based on product,
end user, and region. On the basis of product, the market is further classified into instruments and
consumables & accessories. The sterilization packaging accessories segment
accounted for the largest share of the global dental sterilization consumables
& accessories market in 2017. The large share of this segment can primarily
be attributed to the short life cycle of
these products, which results in their repeated and frequent purchase, as opposed
to instruments which are considered as a
one-time investment. On the other hand, the sterilization equipment segment accounted
for the largest share of the dental sterilization instruments market. This is due to the higher cost and higher
adoption rate of these equipment.
On the basis of type,
the sterilization equipment market is segmented
into high-temperature sterilizers and low-temperature sterilizers. In 2017, the
high-temperature sterilizers segment accounted for the largest share, primarily
due to the high adoption rate, ease of use, and efficiency in the sterilization of complicated as well as
delicate dental devices.
Among end users, the clinics
segment is the fastest growing segment of the dental sterilization market. The
market for this segment is mainly driven
by the demand for affordable dental care and the growing number of private
practices and smaller dental units in emerging countries.
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Geographically, the dental sterilization market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is projected to grow at the highest CAGR, owing to the growing number of dental clinics and hospitals and increasing number of dental surgical procedures. Additionally, the growth of dental tourism and the dental industry is propelling the need for effective infection control in a number of APAC countries such as India, Malaysia, and Thailand.
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