According to a report “Dental Equipment Market Size, Share & Trends Analysis Report By Product (Radiology Equipment, Lasers, Systems & Parts, Laboratory Machines, Hygiene Maintenance Device), And Segment Forecasts, 2019 – 2025 “published by Grand View Research, Inc. The global dental equipment market size is expected to reach USD 10.47 billion by 2025, according to a report published by Grand View Research, Inc. It is anticipated to expand at a lucrative CAGR of 4.5% over the forecast period. Key factors attributed to the growth include increasing demand for dental procedures owing to prevalence of dental disorders and rising awareness and demand for preventive, restorative, and surgical services for dental care.
Moreover, favorable government initiatives regarding dental hygiene is also a significant factor responsible for driving the market. Due to increasing number of initiatives, there is an increase in awareness regarding dental hygiene leading to increasing adoption of dental treatments, which in turn is anticipated to drive the market for dental equipment over the forecast period.
Key Takeaways from the report:
Systems and parts product segment led the market in 2018 and is anticipated to grow at a lucrative rate over the forecast period
CAD/CAM sub-segment of systems and parts accounted for the largest market share in terms of revenue in 2018, owing to technological advancements
North America led the dental equipment market in 2018 with a revenue share of USD 1.84 billion owing to the presence of advanced healthcare facilities and strong reimbursement scenarios
Some of the key players operating in the market are, Cook Medical; Smiths Medical; Edwards Life Sciences Corporation; Medtronic Inc.; and Johnson & Johnson.
Browse More Reports in Medical Devices Industry:
Medical Gas Equipment Market : The medical gases market is anticipated to witness a positive growth during the study period from 2016 to 2024. This growth is attributed to a majority of factors, such as the high prevalence of chronic diseases including heart diseases, stroke, asthma, cancer, diabetes, and obesity.
Electrophysiology Devices Market : Increasing use of electrophysiology devices in the diagnosis and treatment of cardiovascular diseases such as arrhythmias and atrial fibrillation and the growing global geriatric population base are some high impact rendering growth drivers of the electrophysiology devices market.
Dental equipment are classified on the basis of product into dental radiology, dental lasers, systems and parts, laboratory machines, hygiene equipment, and others. The systems and parts segment held the leading market share of 39.9% in 2018 and is anticipated to grow at a lucrative pace over the forecast period. The segment is further classified into instrument delivery systems, vacuums and compressors cone beam CT systems, cast machines, furnace and ovens, CAD/CAM, and electrosurgical equipment. The CAD/CAM sub-segment led in 2018 owing to the technological superiority of these equipment over traditional die casting techniques.
North America led with a market share of 29.6% in 2018. Some of the key reasons attributed to the high share include technological advancements, rising demand for dental surgeries, growing geriatric population, and increasing number of dentists and dental clinics. On the other hand, Asia Pacific is expected to expand at the fastest CAGR of 4.9% over the forecast period. Constantly developing healthcare infrastructure and increasing healthcare expenditure coupled with the presence of high unmet medical needs are expected to serve this market as high-impact rendering drivers.
Few significant companies venturing in the market include, Denstply International Inc.; A-Dec Inc.; Planmeca Oy; Sirona Dental Systems Inc.; Patterson Companies Inc.; Straumann; GC Corporation; Carestream Health Inc.; Biolase Inc.; Danaher Corporation; and 3M.
Grand View Research has segmented the global dental equipment market on the basis of product and region:
Dental Equipment Product Outlook (Revenue, USD Million, 2014 – 2025)
Dental Radiology Equipment
Intra-Oral
Digital X-Ray Units
Digital Sensors
Extra-Oral
Digital
Analog
Dental Lasers
Diode Lasers
Quantum Well Lasers
Distributed Feedback Lasers
Vertical Cavity Surface Emitting Lasers
Heterostructure Lasers
Quantum Cascade Lasers
Separate Confinement Heterostructure Lasers
Vertical External Cavity Surface Emitting Lasers
Carbon Dioxide Lasers
Yttrium Aluminum Garnet Lasers
Systems & Parts
Instrument Delivery Systems
Vacuums & Compressors
Cone Beam CT Systems
Cast Machine
Furnace & Ovens
Electrosurgical Equipment
CAD/CAM
Other Systems and Parts
Laboratory Machines
Ceramic Furnaces
Hydraulic Press
Electronic Waxer
Suction Unit
Micro Motor
Hygiene Maintenance Devices
Sterilizers
Air Purification and Filters
Hypodermic Needle Incinerator
Other Equipment
Chairs
Hand Piece
Light Cure
Scaling Unit
Dental Equipment Regional Outlook (Revenue, USD Million, 2014 – 2025)
North America
U.S.
Canada
Europe
Germany
U.K.
Spain
France
Italy
Russia
Asia Pacific
Japan
China
India
South Korea
Singapore
Australia
Latin America
Brazil
Mexico
Argentina
MEA
South Africa
Saudi Arabia
UAE
Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:201, Spear Street, 1100 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: www.grandviewresearch.com/industry-analysis/dental-equipment-market