Dental Equipment Market Size, Share & Revenue Forecast 2030

 Dental Equipment Market Growth & Trends

The global dental equipment market size is expected to reach USD 17.06 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 6.2% over the forecast period. These tools help with an oral health diagnosis, care, and maintenance and allow practitioners to plan a precise course of action. The introduction of supportive government efforts for oral health, an increase in medical tourism for dental operations, and the incidence of dental problems all contribute to the industry's growth. In addition, manufacturers like Planmeca are always introducing fresh computer-aided technology to the market.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/dental-equipment-market

For instance, the industry demand is being driven by the company's March 2019 launch of the Planmeca Creo C5, an innovative 3D printer created to deliver chairside CAD/CAM dentistry and restorative dental treatments in a single visit.According to the estimates published by the United Nations in 2019, there were 703 million people aged over 65 years globally, and the number of older individuals is projected to double to 1.5 billion by 2050. The rising prevalence of various oral conditions in the geriatric population is likely to increase the demand for preventive, restorative, and surgical services in the future. According to the American Dental Association, 85% of individuals in the United States, value dental health and consider it an essential aspect of overall care.

The realization of the importance and maintenance of oral health combined with better access to advanced dental services will help in the growth of the industry. However, the “emergency-only” mode of dental care delivery due to the COVID-19 pandemic had a rippling effect and the industry witnessed an imminent increase in availing cost of dental care. According to the Journal of Contemporary Dental Practice, dental services were among the last to relaunch in post-pandemic relaxations since dental procedures are at high risk of transmission. This resulted in serious financial problems and revenue loss for the overall dental market.

Dental Equipment Market Report Highlights

  • Dental systems and parts emerged as the largest product segment in 2022 as these equipment are used for digital imaging and diagnosis of dental ailments
  • The dental lasers segment is expected to witness the highest CAGR during the forecast period. This is owing to its increasing application in surgical and teeth-whitening procedures.
  • North America dominated the global industry in 2022 owing to the high demand for new technologies & the prevalence of dental disorders and the presence of a large pool of key players & advanced healthcare infrastructure
  • Asia Pacific, on the other hand, is expected to register the highest CAGR over the forecast period

Dental Equipment Market Segmentation

Grand View Research has segmented the global dental equipment market on the basis of product type and region:

Dental Equipment Product Type (Revenue, USD Million, 2018 - 2030)

  • Dental Radiology Equipment 
    • Intra-Oral
      • Digital X-ray Units
      • Digital Sensors
    • Extra-Oral
      • Digital Units
      • Analog Units
    • 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 Aluminium Garnet Lasers
    • Systems & Parts
      • Instrument Delivery systems
      • Vacuums & Compressors
      • Cone Beam CT Systems
      • Cast Machine
      • Furnace and Ovens
      • Electrosurgical Equipment
      • Other System and Parts
      • CAD/CAM
    • Laboratory Machines
      • Ceramic Furnaces
      • Hydraulic Press
      • Electronic Waxer
      • Suction Unit
      • Micro Motor
    • Hygiene Maintenance Devices
      • Sterilizers
      • Air Purification & Filters
      • Hypodermic Needle Incinerator
    • Other Equipment
      • Chairs
      • Hand Piece
      • Light Cure
      • Scaling Unit

Regional Insights

North America dominated the global industry in 2022 with a market share of more than 38.35% and is expected to showcase a significant CAGR over the forecast period. This is attributed to the rising geriatric population, strong medical infrastructure, well-established reimbursement policies, the existence of key players, and advancement in preventive and restorative dental treatments. Moreover, according to the American Dental Association, 85% 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 the most promising regional market over the forecast period.

The APAC region is expected to witness the highest CAGR over the forecast period. China, Japan, and India are emerging economies with well-developed healthcare infrastructure & facilities and are now more focused on leading on the basis of R&D activities. They have suitable infrastructure and fundings for the same. A total of 43.6% of the spending is expected to emanate from Asia with countries like China, Japan, and India being the topmost to spend on R&D activities.

Attributes like favorable government policies, the rising geriatric population, the presence of key players, and the rise in the demand for dental procedures are paving way for the market in the Asia Pacific region. Moreover, medical tourism in the region is rapidly increasing due to shorter patient waiting times, low-cost treatment, availability of a large pool of skilled dental practitioners & high-end technology, and the presence of tourist destinations & quality accommodations. These aforementioned factors will assist in the market growth in the region.

List of Key Players of Dental Equipment Market

  • A-Dec Inc.
  • Planmeca Oy
  • Dentsply Sirona
  • Patterson Companies Inc.
  • Straumann
  • GC Corp.
  • Carestream Health Inc.
  • Biolase Inc.
  • Danaher Corp.
  • 3M EPSE

Authoritative Research: https://www.grandviewresearch.com/industry-analysis/dental-equipment-market

Comments

Post a Comment

Popular posts from this blog

Virtual Clinical Trials Market Size Reaches USD 12.9 Billion By 2030

Image
  The global  virtual clinical trials market  size is expected to reach USD 12.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.7% from 2022 to 2030. The COVID-19 pandemic has significantly impacted the market. The growing need for patient diversity clubbed with enhanced data collection in clinical trials is boosting the market growth. There has been a rise in the R&D of new drugs and vaccines that has increased the volume and complexity of clinical trials. Virtual clinical trials eliminate challenges posed by traditional clinical trials for example delays in patient recruitment and time-consuming procedures. Also, studies have revealed that around 75.0% of people favored a mobile trial over traditional ones and 80.0% of patients are more likely to participate in a clinical trial that uses mobile technology. The market is recovering at a significant pace after the pandemic as it offers various benefits to pati
Read more

Industrial Refrigeration Systems Market Size, Share & Trends Report, 2030

Image
  Industrial Refrigeration Systems Market Growth & Trends The global  industrial refrigeration systems market  size is anticipated to reach USD 27.66 billion by 2030, registering a CAGR of 4.4% from 2023 to 2030, according to a new report published by Grand View Research, Inc. The demand for industrial refrigeration is increasing due to the fast-moving consumer goods and retail food which needs efficient storage for perishable edible items. Governments are taking initiatives to support and strengthen the cold chain infrastructure and shifting towards eco-friendly refrigeration systems. Global warming and climate change have alarmed nations to take the necessary step to curb the crisis. As a result, industrial refrigeration system manufacturing companies have expressed concerns regarding the potential of global warming and ozone depletion of their refrigerants. As a result, companies are focusing on technologies to offer improved cost-effectiveness, lesser toxic refrigerants, lower
Read more

U.S. Virtual Visits Market Size To Reach USD 105.5Bn By 2030

Image
  U.S. Virtual Visits Market Growth & Trends The  U.S. virtual visits market  size is expected to reach USD 105.5 billion by 2030, expanding at a CAGR of 29.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for telehealth and teleconsultation and introduction of new and advanced technologies has positively impacted the growth of the market in the U.S. Increasing penetration of smartphones and assisted technologies has also been a key factor for the fast growth of the market. In the service segment, cold and flu management had the largest market share in 2022. The major factor behind the growth of the market is the growing demand for teleconsultations for patients for treatment of common conditions like cold and flu to reduce the chances of contracting additional illnesses due to hospital visits. The availability of specialists through telehealth and teleconsultations, even in remote areas has brought about a revolution in the virtual
Read more