USD 16.07 Billion Global Dental Equipment Market During 2021-2028 | Fortune Business Insights

Posted on Aug 11 2022 6:29 AM

"Dental Equipment Market Development Strategy, Key Players, Competitive Landscape, Dynamics, competitive share analysis, CAGR, Size, Industry Share"

The global ”dental equipment market” size is expected to gain momentum by reaching USD 16.07 billion by 2027 while exhibiting a CAGR of 9.6% between 2020 and 2027. This is attributable to the growing preference for digital dental x-ray and the rising geriatric population that is projected to drive the demand for advanced dental equipment. Fortune Business Insights published this information in its latest report, titled, “Dental Equipment Market Size, Share & Industry Analysis, By Product Type (Dental Radiology Equipment, Dental Lasers, Dental Surgical Navigation Systems, Dental CAD/CAM Equipment, Dental Chairs, and Others) and By End-User (Hospitals, Dental Clinics, and Others), 2020-2027.” The report further mentions that the market stood at USD 8.89 billion in 2019 and is likely to experience considerable growth in the forthcoming years.

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Increasing Prevalence of Dental Caries to Feed Market Growth

According to the World Health Organization (WHO), around 2.3 billion people globally suffer from dental caries of their permanent teeth. Moreover, 530 million children are affected by caries of their primary teeth. The growing prevalence of dental disorders is driving the demand for innovative dental treatments that is likely to surge the adoption of these equipment globally. Moreover, supportive government initiatives such as favorable reimbursement policies for treating dental disorders is expected to boost the global dental equipment market growth in the forthcoming years.

Prominent Companies Focus on Product Innovations to Strengthen Their Market Positions

The global market is fragmented by the presence of major companies such as Dentsply Sirona, and Danaher, among others. These companies are focusing on developing innovative dental equipment that aid in efficient treatment of patients. Additionally, the adoption of strategies such as merger and acquisition, facility expansion, and collaboration by other key players will bode well for the market growth during the forecast period.

Major Dental Equipment Market Key players covered in the report include:

  • Institut Straumann AG (Basel, Switzerland)
  • Dentsply Sirona (Pennsylvania, United States)
  • VATECH (South Korea)
  • A-dec Inc. (Newberg, Oregon, United States
  • BIOLASE, Inc. (Irvine, United States)
  • Carestream Health, Inc. (New York, United States)
  • Ivoclar Vivadent AG (Schaan, Liechtenstein)
  • Danaher (Washington, D.C., United States)
  • Other Prominent Players

DRIVING FACTORS

Rising Geriatric Population to Augment Growth

The rising geriatric population is leading to several dental ailments that is anticipated to propel the demand for advanced dental equipment. Additionally, the increasing dental disorders is driving the manufacturers to develop innovative dental equipment across the globe. For instance, the growing preference for digital dental x-ray equipment that aids in significant cost reduction and better image processing is expected to boost the global dental equipment market growth during the forecast period. 

REGIONAL INSIGHTS

North America to Remain at Forefront; Increasing Spending on Dental Care to Aid Growth

Among all the regions, North America is expected to hold the highest position in the global dental equipment market in the forthcoming years. The increasing spending on dental care is propelling the demand for innovative dental equipment that is attributable to the region’s growth between 2020 and 2027. North America stood at USD 3.49 billion in 2019.

On the other hand, Europe is expected to hold the second position in the market during the forecast period. This is ascribable to factors such as the growing adoption of dental implants that will boost the adoption of dental equipment in the region.

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Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • New Product Launches
    • Prevalence of Dental Disorders By key Countries/Region
    • Key Mergers, Acquisition, and Partnerships
    • Pricing Analysis, Key Products
    • Impact of COVID-19 on Dental Equipment Market
  • Global Dental Equipment Market Analysis, Insights and Forecast, 2016-2027
    • Dental Radiology Equipment
    • Dental Lasers
    • Dental Surgical Navigation Systems
    • CAD/CAM Equipment
    • Dental Chairs
    • Others
    • Hospitals
    • Dental Clinics
    • Others
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Product Type
    • Market Analysis, Insights and Forecast – By End User
    • Market Analysis, Insights and Forecast – By Region
  • North America Dental Equipment Market Analysis, Insights and Forecast, 2016-2027
    • Dental Radiology Equipment
    • Dental Lasers
    • Dental Surgical Navigation Systems
    • CAD/CAM Equipment
    • Dental Chairs
    • Others
    • Hospitals
    • Dental Clinics
    • Others
    • U.S.
    • Canada
    • Key Findings / Summary
    • Market Analysis – By Product Type
    • Market Analysis – By End User
    • Market Analysis – By Country

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