Dental Equipment Market to Reach Valuation of USD 6.20 Billion and growing at CAGR of 7.1% by 2030
The global dental equipment market size was USD 6.20 Billion in 2021 and is expected to register a rapid revenue CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of dental disorders is a key factor driving market revenue growth. According to the Centers for Disease Control and Prevention (CDC), untreated dental decay affects over one-quarter (26%) of individuals in the U.S. Gum disease affects over half (46%) of all persons aged 30 and above, while severe gum disease affects roughly 9% of adults. Oral cancers are more frequent in older persons, particularly those over the age of 55 who smoke and drink heavily.
In addition, rising medical tourism is another key factor driving market revenue growth. Dental tourism provides an effective mechanism for persons travelling overseas for treatment to receive inexpensive and accessible dental care, including dental operations such as surgery and aesthetic dentistry treatments. Companies have been formed to study and organize trips for medical tourists as popularity of dental tourism has grown over the last ten years. For example, Patients Beyond Borders and Dental Departures, use marketing services to link patients with overseas healthcare providers. Some insurance providers, such as GeoBlue (associated with Blue Cross Blue Shield), Aetna, and Cigna, provide particular medical and dental coverage for those travelling outside of the U.S.
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Global Dental Equipment Market Report – Table of Contents:
Chapter 1 includes the global Dental Equipment market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Dental Equipment market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Dental Equipment market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Dental Equipment industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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Some Key Highlights From the Report
The general and diagnostics equipment segment accounted for a significant revenue share in 2021. Diagnostic equipment used in modern dentistry is a combination of computerized systems, specific tests, suggestive materials, and lighting. Dental problems including tooth decay, oral candidiasis, and xerostomia are common in elderly patients, which is driving revenue growth of this segment. Dental drills are among many manual and electric instruments that dentists use to prepare cavities for fillings. Back of patients teeth and teeth that are often covered by cheeks can be seen by dentists due to dental mirrors. Moreover, dental probes are used to investigate questionable locations or to clear debris. Files and rasps are used by dentists to smooth bones and conduct root canals, while scalers are used to remove plaque and tartar. However, during extractions, forceps are used to hold the teeth.
The prosthodontic segment accounted for a significant revenue share in 2021. Individuals rising demand for aesthetic appearance has compelled them to use prostheses and technical breakthroughs and product releases have also driven revenue growth of this segment. Furthermore, increased need for prosthodontics is fueling the desire for dental radiology equipment such as Cone Beam Computed Tomography (CBCT), which is regarded as a unique imaging alternative for a prosthodontist’s diverse treatment demands.
The North America market accounted for largest revenue share in 2021 owing to increasing prevalence of dental disorders in this region. In addition, presence of key players is also expected to drive revenue growth of the market. For instance, in January 2022, RODO Medical and The Aurum Group have formed a strategic alliance to bring Rodo Digital Prosthetics (RDP) to the U.S. RDP is a new dental laboratory that will combine RODO’s unique technology and Aurum’s Core3dcentres. Furthermore, both firms have reached a deal for a limited exclusive distribution arrangement in Canada.
Global Dental Equipment Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019-2030)
- General and Diagnostics Equipment
- Dental Consumables
Treatment Outlook (Revenue, USD Billion; 2019-2030)
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals and Clinics
- Dental Academic and Research Institutes
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The global Dental Equipment market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Dental Equipment market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
3M Company, Danaher Corporation, GC Corporation, Dentsply Sirona Inc., Henry Schein, Inc., Institut Straumann AG, Carestream Health, Patterson Companies, Inc., Planmeca OY, and Bien-Air Medical Technologies
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Dental Equipment Market:
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East & Africa
Rest of MEA
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