Dental Equipment Market worth $8.9 billion by 2026
According to the new market research report "Dental Equipments Market
by Product (Dental Imaging Equipment (Panoramic, Sensor, Camera),
Lasers, Diode Lasers, Dental Chairs, CAD/CAM, Handpieces, Dental Units,
Casting Machines) & End User ( Laboratories, Hospitals, Clinics) -
Global Forecast to 2026", published by MarketsandMarkets™, the Dental
Equipment Market is estimated to reach USD 6.2 billion in 2021 and is
projected to reach USD 8.9 billion by 2026, at a CAGR of 7.7% during the
forecast period.
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Due
to the increasing prevalence of oral health disorders, sedentary and
changing lifestyles, growing consumer awareness, and rising dental
tourism. An increasing number of dental laboratories investing in
CAD/CAM technologies will provide abundant opportunities.
However,
the high cost of dental imaging systems and lack of reimbursement for
dental procedures are expected to restrain the growth of this market
during the forecast period.
The therapeutic dental equipment segment accounted for the largest share of dental equipment market in 2020
Based
on products, the dental equipment market is broadly segmented into
therapeutic and diagnostic dental equipment. The therapeutic dental
equipment segment is categorized into dental operatory & treatment
center equipment, general equipment, and dental lasers. The diagnostic
dental equipment segment includes extraoral imaging systems, intraoral
imaging systems, and dental imaging software. In 2020, the therapeutic
dental equipment segment accounted for the largest share of dental
equipment market. The dental equipment market has been growing steadily
throughout the years due to factors such as the rapidly growing aging
population and the increasing incidence of dental disorders and
diseases.
Dental hospitals & clinics segment accounted for the largest share of dental equipment market in 2020.
Based
on the end user, the dental equipment market is segmented into
hospitals & clinics, academic & research institutes, and other
end users. In 2020, dental hospitals & clinics accounted for the
largest share of the dental equipment market. The large market share is
attributed to the increasing number of dental clinics and hospitals
across the globe, rapid adoption of advanced technologies, increasing
dental tourism in emerging markets, and the rising number of group
dental practices in developed countries.
Asia Pacific is expected to witness the fastest growth during the forecast period of 2021–2026.
Geographically,
the dental equipment market is segmented into five major regions: North
America, Europe, Asia Pacific, Latin America, and the Middle East &
Africa. In 2020, Europe accounted for the largest share of the dental
equipment market, followed by North America and the Asia Pacific. The
growth in developed markets across Europe and North America is mostly
driven by the growing demand for cosmetic dentistry and the rising
patient population for dental diseases. Emerging markets across the APAC
and Latin America are expected to see the highest growth rates, mainly
due to rising dental tourism, less-stringent regulations, and the
increasing number of healthcare facilities.
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The
prominent players in this market include DENTSPLY Sirona (US), Planmeca
Group (Finland), Envista Holdings (US), Align Technology (US), A-dec
Inc. (US), J. MORITA CORP. (Japan), GC Corporation (Japan), Midmark
Corporation (US), Straumann Holdings AG (Switzerland), 3M Company (US),
BIOLASE, Inc. (US), 3Shape A/S (Denmark), BEGO GmbH & Co. Kg
(Germany), Ultradent Products, Inc. (US), Yoshida Dental MFG. Co., Ltd.
(Japan), Nakanishi Inc. (Japan), DentalEZ, Inc. (US), Carestream Dental
LLC. (US), Takara Belmont Corporation (Japan), Nova Instruments (UK),
NewTom (Italy), Millennium Dental Technologies, Inc. (US), PreXion, Inc.
(Japan), Brasseler USA (US), Ivoclar Vivadent AG (Liechtenstein), AMD
LASERS (US), Aseptico (US), and BIEN-AIR DENTAL (US), among others.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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