Dental Equipment Market Size, Share & Trends Report, 2027
According to research report the report Dental Equipment Market
by Product (Therapeutic (Dental chairs, Dental Units, CAD/CAM, Casting
Machines, Dental Lasers, Nd:YAG lasers, Carbon dioxide Lasers),
Diagnostic (Dental Imaging, CBCT)), End User (Hospitals & Clinics) -
Global Forecasts to 2027", is projected to reach 8.7 billion in 2027
from USD 6.5 billion in 2022, at a CAGR of 6.1% between 2022 and 2027.
The overall growth of the dental equipment market is because of the
growth of technology and solutions which is accounting to be a major
factor driving the market during the forecast period. This increase can
be attributed to increased prevalence of oral disorders and the rising
desire for cosmetic procedures.
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During
the forecast period, the Therapeutic dental equipment segment is
expected to be the fastest growing segment of the dental equipment
market.
Under type, therapeutic dental equipment segment
is forecasted to grow at the highest CAGR from 2022 to 2027. The
primary drivers of this market are the introduction of new technologies,
particularly electrosurgical devices, which provide advantages for
patients in terms of low operating costs, minimum bleeding, and less
post-operative pain.
In 2021, by end user, hospitals clinics segment held the largest share of dental equipment market.
By
end user, the dental equipment market can be segmented into hospitals
and clinics, research and academic institutes and other end users.
Due
to the rising awareness of dental disorders and their treatment, the
hospitals and clinics segment occupied the largest share of the market
in 2021. Additionally, there has been increase in adoption of new
technologies and dental tourism which has attributed to the growth of
the market.
Driver: New Technological Advancements
The
increasing patient pool, demand for minimal invasive dental surgeries,
and growing awareness is expected to increase the demand for extraoral
imaging systems. This led to a wide range of electrosurgical systems
adoption. In the past decade, the dental equipment has witnessed
significant transformations and technological advancements in
technologies.
Opportunity: Focus on Emerging Market
Fast
developing countries such as Asia and Latin America regions such as
India, China, and Brazil, shows a high demand for restorative dental
products and equipments. Rapid increase in the incidences of dental
diseases, developing oral healthcare infrastructure, willingness to
spend on dental restoration products because of increasing disposable
incomes, and rising awareness of oral hygiene are expected to spur the
demand for dental prosthetics, restoration materials, and equipment in
these regions.
In addition, favorable government policies and
initiatives attracts various industry stakeholders to the markets. For
instance, decrease of customs duty for dental products from 16 to 8% in
India has opened opportunities for international players.
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Key players in the dental equipment market
include DENTSPLY SIRONA Inc, (US), Align Technology Inc. (US), Envista
Holdings Corporation (US), Carestream Dental LLC (US), and Planmeca
Group (Finland). These companies adopted strategies such as
partnerships, acquisitions, collaborations, product launches,
expansions, and agreements to strengthen their presence in the dental
equipment market.
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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