Market Overview:
Dental Equipment Market size was valued at USD 8.10 billion in 2019, and it is expected to reach a value of USD 11.52 billion by 2031, at a CAGR of 5.20% over the forecast period (2024-2031). The Dental Equipment Market is poised for considerable growth, propelled by several key drivers, such as rising cases of neurological disorders, continuous technological innovation, and an increasing need for minimally invasive procedures, are expected to take the Dental Equipment Market to considerable heights.
Other factors contributing to this can be attributed to the large and rapidly growing patient population suffering from such targeted diseases in key markets, resulting in a significant rise in demand for Veterinary Needles. One of the major factors acting as a potential catalyst to drive the market growth over the forecast period is a high prevalence of acute ischemic stroke.
Market Insights:
Dental Equipment Market Driver
- Global oral health decline has been largely attributed to shifting societal behaviors. Additionally, there is a pressing need to support advancement and invention in dental techniques. Newer technology is being adopted more frequently for dental procedures. Moreover, oral diseases are equally likely to affect persons of all ages. The need for dental equipment of all sizes and grades has increased as a result.
- Around the world, there is a growing market for dental equipment such as dental lasers, lab instruments, cone beam CT systems, etc. The public’s increased preference for minimally invasive treatment options can be related to the increase in the market for dental lasers. All large health centers and dental care facilities come standard with dental chairs. Dental torches and light therapy devices are becoming quite well-liked among dentists. All across the world, there is a growing demand for flexible and portable dental equipment.
- In order to increase their market potential and solidify their positions, a number of companies have upgraded their services in response to the rapid advancements in radiography techniques. The developers of dental radiology equipment are heavily investing in research and development (R&D) to create cutting-edge dental care tools that will lessen patients’ discomfort. Throughout the projection period, this factor will fuel market expansion. Due to rising purchasing power among populations in both developed and developing nations, expensive cosmetic dentistry procedures like dental lasers have become more popular in recent years.
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Key Market Segments:
Product
Dental Radiology Equipment, Dental Lasers, Dental Systems & Parts, Laboratory Machines, Hygiene Maintenance Devices, Other Equipment
Type
Therapeutic, Diagnostics
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Regional Insights:
North America dominates the global market due to increasing incidences of dental disorders, and the regional market growth is mostly driven by an aging population. The North American dental equipment market is expected to grow over the course of the projected timeframe as a result of a number of factors, including the rising older people, well-established reimbursement laws and regulations, a tested healthcare system, the existence of leading companies, and advancements in preventative and therapeutic dental treatments.
Rising awareness of oral disorders, an expanding population, and increasing income levels are all contributing factors that will cause Asia-Pacific to see quick and profitable growth in the near future period. An increasing older populace, the presence of major market participants, an increase in the need for dental procedures, and government regulations that support the business are all driving market expansion in the area. The presence of a large pool of qualified dentists and affordable treatments are other factors driving the growth of the dental equipment market in the Asia-Pacific region.
Prominent Players in Dental Equipment Market:
- Envista Holdings (US)
- Align Technology (US)
- A-dec Inc. (US)
- 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)
- BIEN-AIR DENTAL (US)
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Additional Insights:
Market Penetration: Analysis of the product portfolio of different market players and the status of new product launches.
Product Development/Innovation: Assessment of R&D activities, new product development, and emerging trends.
Market Development: Analysis of regions with high growth potential.
Market Diversification: Assessment of new products, recent developments, and emerging regional markets.
Competitive Landscape: Growth strategies, revenue analysis, and product innovations by market players.
Key Questions Answered in Dental Equipment Market Report:
What is the global market size of the Dental Equipment Market?
Who are the key vendors in the Dental Equipment Market?
What is the key driver of the Dental Equipment Market?
What is the key market trend for the Dental Equipment Market?
Which region accounted for the largest share in the Dental Equipment Market?
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