According to research report the dental equipment market
is expected to register CAGR of 4.9% between 2016 and 2021, to reach
USD 7.52 Billion by 2021. Growth in this market can primarily be
attributed to factors such as the rapid growth in aging population,
increasing demand for cosmetic dentistry, and growing incidence of
dental caries and other periodontal diseases.
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Factors
such as the rapidly growing elderly population, increasing incidence of
dental caries and other periodontal diseases, and growing demand for
cosmetic dentistry are driving the growth of the dental equipment
market.
Europe held the largest share in the dental equipment
market owing to the favorable reimbursement scenario, increasing
government expenditure on healthcare, and growth in geriatric
population. On the other hand, the Asia-Pacific (APAC) region is
expected to register the highest growth rate during the forecast period,
due to less stringent regulations, growing demand for dental
procedures, and growing dental tourism.
Based on end users, the
dental equipment market is segmented into hospitals and clinics, dental
laboratories, and other end users. On the basis of geography, the dental
devices market is segmented into North America, Europe, Asia-Pacific,
and the Rest of the World (Latin America and Middle East & Africa).
On
the basis of products, the dental devices market is split into dental
diagnostic equipment, dental therapeutic equipment, and general
equipment. The diagnostic dental equipment segment covers extraoral
radiology equipment, intraoral radiology equipment, and hybrid units.
The therapeutic dental equipment segment covers dental lasers while the
general equipment segment covers casting machines, instrument delivery
systems, ceramic furnaces, electrosurgical systems, CAD/CAM systems,
dental chairs, dental light cure equipment, and dental handpieces.
The
general equipment segment accounted for the largest share of the global
dental equipment product segment. The growing adoption of CAD/CAM
systems (that aid simplification of procedures, increase patient
comfort, and reduces procedure time) is a key driver in this market
segment. The general equipment segment is also expected to register the
highest CAGR during the forecast period.
Danaher Corporation
(U.S.), Planmeca OY (Finland), Dentsply Sirona (U.S.), and Carestream
Health, Inc. (U.S.) held a major share of the dental equipment market.
The companies majorly focused on strategies such as expansions,
partnerships, and new product launches to sustain their positions in the
market. Other key players in the global dental devices market include
A-dec Inc. (U.S.), AMD LASERS (U.S.), Biolase, Inc. (U.S.), Ivoclar
Vivadent AG (Liechtenstein), Midmark Corporation (U.S.), and 3M (U.S.).
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