The global dental equipment market size was valued at USD 5.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.1% from 2021 to 2028. Dental equipment are the tools used to examine, manipulate, treat, and restore any oral ailments.
Dental Equipment is defined as a tool that is used by dental professionals in order to identify and treat dental conditions. These tools are used to examine, manipulate, treat, restore, and remove teeth & surrounding oral structures. Dental equipment has applications in hospitals, clinics, and dental laboratories. A rise in dental disorders and surgical procedures has stimulated the growth of the Dental Equipment Market.
Dental equipment includes dental radiology equipment, dental lasers, systems, laboratory machines, hygiene maintenance devices and other equipment. Dental lasers are used for variety of purposes such as for removal of dental carries whitening and root canal procedures and hence, it would be in demand. The demand for CAD/CAM systems is expected to increase as these systems reduce the time for procedures, improve diagnosis and treatment outcomes.
CAD/CAM systems are another example of advanced dental technology; the system effectively designs dental prostheses in a 3D format and manufactures them with the help of milling machines. Restorations designed using CAD/CAM systems are considered more durable, close-fitting, and efficient than traditional lab-fabricated ones. Thus, the digitalization of dental equipment is expected to drive the growth of the dental equipment market.
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Key Player Mentioned:
Patterson Companies Inc.
Carestream Health Inc.
Product Segment Analysis:
- Dental Radiology Equipment
- Dental Lasers
- Systems & Parts
- Laboratory Machines
- Hygiene Maintenance Devices
Regional Segment Analysis:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Based on product type, the systems and parts segment held 39.9% of the market share in 2020. Nonetheless, over the forecast period, dental laser equipment is predicted to experience the quickest 6.8% CAR. Increasing focus on the development of new devices with the latest technologies is propelling the demand of the market. The dental radiology equipment segment is deemed to have the highest CAGR in the coming years with the increasing incidences of dental problems worldwide.
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North America dominated the dental equipment market and accounted for the largest revenue share of 38.2% in 2020. The region is expected to showcase a significant CAGR in the forecast period. This is attributed to the rising geriatric population, strong medical infrastructure, well-established reimbursement policies, existence of key market players, and advancement in preventive and restorative dental treatments. Moreover, according to the American Dental Association, 85.0% of individuals in the United States truly value dental health and consider oral health an essential aspect of overall care. The combination of all these factors will make North America emerge as the most promising market during the forecast period.
KEY aspects covered in the report include:
- The market size and industry growth rate of the global and regional market across various segments
- The region or the sub-segment that is expected to drive the 3D Bioprinting market in the forecast period 2021-2028
- Key companies operating in the global 3D Bioprinting market and their market share
- The Factors that are estimated to drive the 3D Bioprinting Market growth
- Key opportunities in the 3D Bioprinting market
- Key technological advancements and market trends that shape the market
The study objectives of this report are:
- To research global status, future forecasts, growth opportunities, key markets and key players.
- To present the market development in us, Europe and China.
- To strategically profile the key players and comprehensively analyze their development plan and methods.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.