Report Code: A00263 | Dec 2022 | Pages: 300 | ||
Tables: 156 | Charts: 70 |
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The global dental equipment market size was valued at $8.5 billion in 2021, and is projected to reach $15.5 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031. Dental equipment consists of devices used to treat and diagnose dental diseases. The majority of the population is affected by dental caries and gingival inflammation. The use of dental equipment is predicted to increase in response to the rise in demand for dental procedures. Furthermore, dental equipment help in detection and treatment of caries, which is caused by bacterial infection.
The dental equipment market, in the COVID-19 pandemic, observed a negative growth. Since the Corona viral transmission was at its peak, prohibition of social gathering and complete lockdown was practiced by the government and people. As the virus is majorly transmitted due to saliva and breath, the dental treatment for major patients was paused for some time. Also, most dental patients restricted themselves from visiting the hospitals and dental clinics in the fear of COVID-19 transmission. This resulted in the less use of dental equipment and reduced demand for advanced equipment for non-invasive treatment dental methods. Furthermore, due to financial crises faced by many people in the pandemic, they were unable to afford expensive dental treatment which has further resulted in the decreased growth of dental equipment market. Apart from this, the dental equipment market saw a decline in its growth in the pandemic time due to decreased dental equipment manufacturing activities by the major market players. Most of the manufacturing companies either paused their production activities or completely shut down their units for some time due to less availability of labor. All these factors have restrained the dental equipment market growth in the pandemic period.
The use of new dental materials in the dental sector has evolved over time. This is because patient compliance has improved in parallel with a surge in demand for minimally invasive procedures. Thus, dental lasers are increasingly being used in surgical treatments, including gum raising and teeth whitening to prevent or reduce blood loss and patient pain. Furthermore, adhesive dentistry is the fastest growing field in dental science, which use composite materials to increase aesthetics and strengthen teeth while causing minimal damage to tooth components. Moreover, dental diagnostic and treatment technology has become more accurate, less painful, faster, and cost-efficient, which is anticipated to fuel the dental equipment market growth during the forecast period.
However, laser dental treatment is significantly more expensive than traditional dental procedures. It ranges between $6,700 and $78,000, depending on parameters, such as specifications, wavelengths, and distribution networks, thus hampering the dental equipment market size.
Increasing awareness among consumers regarding oral hygiene propels the dental equipment market opportunity growth. People's increasing focus on beauty has compelled them to seek prostheses, and technological breakthroughs and product launches, which have also contributed to the market growth. The advancement in technology to improve surgical treatment is expected to offer lucrative opportunities to the dental equipment market. As a result, it helps in the more effective treatment and efficient way for the dental surgery.
The dental equipment market forecast is segmented on the basis of procedure type, product type, end user, and region. By procedure type, the market is segmented into restorative, peridontal, endodontic, orthodontic, and others. By product type, the market is divided into dental laser equipment, dental radiology equipment, dental software and imaging, mechanical systems, and others. By end user, the market is classified into hospitals, academic institute and research centers, and dental clinics. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in this report include, A-Dec Inc., Aseptico Inc., 3M, Biolase Inc., Bien-Air Medical Technologies, Dentsply Sirona, GC Corporation, Danaher Corporation, Henry Schein Inc., and Ivoclar Vivadent AG.
By procedure type, the orthodontic segment dominated the market in 2021. Orthodontics is a type of dentistry that focuses on diagnosis, prevention, treatment, and correction of misaligned teeth and jaws. It may also address dentofacial orthopedics, which is the modulation of facial growth. These are predicted to be the major factors affecting the dental equipment market share during the forecast period.
By product type, the dental laser equipment segment dominated the global dental equipment market in 2021. Dental lasers are devices that emit a narrow beam of light and are used in dental treatment procedures to remove or shape tissue. Dental lasers have made it feasible to do painless and quick dental procedures. They are quite effective, depending on the competence of the dentist to adjust the exposure period and laser power output. There are numerous benefits to using dental lasers, including increased patient comfort due to less post-operative discomfort, bleeding, and morbidity, as well as reduced anesthetic consumption and quicker process time. Such applications of dental equipment in the automotive sector are bound to create a scope of growth for the segment during the forecast period.
By end user, the hospital's segment dominated the global dental equipment market in 2021, owing to the use of dental equipment due to improved access to modern and digitally upgraded technology, and an increasing number of institutions with a dentistry section. Furthermore, an increase in the prevalence of oral problems can significantly fuel segment growth. Such applications of dental equipment in hospitals are anticipated to create growth for the segment during the forecast period.
By region, North America dominated the global market in 2021 and is projected to remain the fastest-growing segment during the forecast period. The demand for dental equipment in countries, namely the U.S. and Canada, is growing rapidly owing to an increase in dental disorders and growing awareness among the population. For instance, in July 2021, Lakewood Ranch Dental joined North American Dental Group (NADG), a leading dental support group with 250+ associated offices in 15 states. Lakewood Ranch is a multi-specialty practice in Lakewood Ranch, Florida, near Sarasota, that provides general, pediatric, and cosmetic dentistry treatments. All these aspects are estimated to drive market growth and increase the demand for dental equipment in North America during the forecast period.
Key Benefits For Stakeholders
Impact of COVID-19 on the Global Dental Equipment Industry
Dental Equipment Market Report Highlights
Aspects | Details |
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Market Size By 2031 | USD 15.5 billion |
Growth Rate | CAGR of 6.5% |
Forecast period | 2021 - 2031 |
Report Pages | 300 |
By Procedure Type |
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By Product Type |
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By End user |
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By Region |
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Key Market Players | Plameca Group, Henry Schein Inc., zimmer biomet dental, Biolase, Inc., straumann, DANHER CORPORATION, Osstem Implant Co. Ltd, Dentsply Sirona Inc., Algin Technology, envista |
Technological advancement in dental care treatment is the key factor that is projected to drive the growth of the global dental equipment market during the forecast period. As a result, accessibility of improved dental equipment is an important aspect that contributes to the medical institution's overall development. In addition, growing popularity of dental lasers is expected to fuel the growth of the market during the forecast period. However, high cost and lack of reimbursement with dental equipment are key factors expected to hamper the market growth during the forecast period. On the contrary, technological advancements in dental equipment industry are anticipated to provide remunerative opportunities for key players to maintain the pace of the dental equipment market in the upcoming years.
Among the analyzed regions, North America is expected to account for the highest revenue in the market by the end of 2031, followed by Asia-Pacific, Europe, and LAMEA. Rise in health and wellness awareness and increase in number of improved healthcare products are the key factors responsible for leading position of North America and Asia-Pacific in the global dental equipment market.
A. The diverse applications of dental equipment across hospitals, clinics, and academic institute and research centres are the major market driver. In addition, increase in the number of dental specialists is estimated to generate excellent opportunities in the dental equipment market.
A. Dental equipment is widely used for treating and managing various dental problems like tooth decay, cavity and caries in patients
A. Asia-Pacific is expected to provide more business opportunities for the global dental equipment market in future.
A. The global dental equipment market was valued at $8,462 million in 2021, and is anticipated to reach $15,471.7 million by 2031, growing at a CAGR of 6.5% from 2022 to 2031
A. A-Dec Inc., Aseptic Inc., and 3M are the major players in the dental equipment market.
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