Dental Equipment Market Sets New Record, Projected at USD 15.5 billion by 2031 at 6.5% CAGR: Allied Market Research
Dental equipment refers to instruments used to perform dental therapy, which includes inspection, treatment, repair, and removal of teeth and oral tissues. Dental radiology equipment, dental lasers, dental software and imaging, mechanical systems, laboratory machines, hygiene maintenance devices, and other equipment are all part of the dental equipment. Rising healthcare expenditure and presence of sophisticated healthcare infrastructure, are major factors estimated to propel the dental equipment market growth in the upcoming years.
Allied Market Research has published a study report with the title Dental Equipment Market Size was Valued at USD 8.5 billion in 2021, and is Projected to Garner USD 15.5 billion by 2031, registering a CAGR of 6.5% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐๐ง๐ญ๐๐ฅ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ?
The factors propelling the growth of the global dental equipment market are the growing demand for oral hygiene, high prevalence of gingivitis and caries, rise in disposable income of consumers, the presence of sophisticated healthcare infrastructure worldwide, consumersโ increased focus on beauty, and technological breakthroughs. Based on end user, the hospitals segment held the largest share in 2021, accounting for more than half of the global market.
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Covid-19 Scenario:
- During the COVID-19 pandemic, the dental equipment market witnessed a negative growth, owing to the prohibition of social gathering and lockdown implemented by the government.
- Dental treatments were put on hold due to the risk and fear of COVID-19 transmission. Also, most dental patients restricted themselves from visiting hospitals and dental clinics. These factors led to the reduced use of dental equipment and less demand for advanced equipment for non-invasive dental methods.
- Moreover, the financial crises faced by many consumers during the pandemic made them unable to afford expensive dental treatments. This also led to the reduced growth of dental equipment market.
- In addition, 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.
๐๐จ๐ฉ ๐๐๐ง๐ญ๐๐ฅ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
- A-dec Inc.
- Aseptico Inc.
- 3M
- BIOLASE, Inc.
- Bien-Air Medical Technologies
- Dentsply Sirona
- GC Corporation
- Danaher Corporation
- Henry Schein
- Ivoclar Vivadent AG.
๐๐๐ง๐ญ๐๐ฅ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:-
The report offers a detailed segmentation of the global dental equipment market based on procedure type, product type, end user, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on procedure type, the orthodontic segment held the largest share in 2021, accounting for nearly two-fifths of the global dental equipment market share, and would maintain its dominance during the forecast period. However, the endodontic segment is estimated to witness the fastest CAGR of 6.9% during the forecast period. The report also analyzes the restorative, peridontal, and others segments.
Based on product type, the dental laser equipment segment held the largest share in 2021, accounting for nearly one-third of the global dental equipment market, and would rule the roost through 2031. However, the dental software and imaging segment is estimated to witness the fastest CAGR of 7.1% during the forecast period. The report also analyzes the dental radiology equipment, mechanical systems, and others segments.
Based on end user, the hospitals segment held the largest share in 2021, accounting for more than half of the global dental equipment market, and would lead the trail during the forecast period. However, the dental clinics segment is estimated to witness the fastest CAGR of 6.7% during the forecast period. The report also studies the academic institute and research centers segment.
Based on region, the market in North America was the largest in 2021, accounting for nearly two-fifths of the global dental equipment market, and is likely to maintain its leadership status during the forecast period. However, the market in Asia-Pacific is expected to manifest the highest CAGR of 7.1% from 2022 to 2031. The other regions analyzed in the study include Europe and LAMEA.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
- Which region has more opportunities?
By Region Outlook
- North America
(U.S., Canada, Mexico) - Europe
(Germany, France, UK, Italy, Spain, Rest of Europe) - Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific) - LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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