Dental Equipment Market Size, Share & Trends Analysis Report 2021 - 2028
Dental Equipment Industry Overview
The global dental equipment market size is expected to reach USD 16.5 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.1% from 2021 to 2028. The market is segmented on the basis of dental radiology equipment, dental lasers, systems and parts, laboratory machines, hygiene maintenance devices, and other equipment. These devices assist in diagnosis, treatment, and maintenance of oral health enabling practitioners to prepare a precise course of treatment.
Companies like Planmeca are constantly bringing in newer computer-aided technology in the market. For instance, in March 2019, the company launched Planmeca Creo C5, which is an advanced 3D printer designed to provide chairside CAD/CAM dentistry and restorative dental practices in a single visit. Drivers like, rising prevalence of oral disorders, the introduction of favorable government initiatives for oral health, and rising medical tourism pertaining to oral procedures are assisting towards the overall market growth.
According to the estimates published by the United Nations in 2019, there were 703 million people aged over 65 years globally, and the number of older individuals is projected to double to 1.5 billion by 2050. The rising prevalence of such oral conditions in the geriatric population is likely to increase the demand for preventive, restorative, and surgical services in the future. According to the American Dental Association, 85.0% of individuals in the United States value oral health and consider it as an essential aspect of overall care. The realization of the importance and maintenance of oral health combined with better access to advanced dental services will help in the growth of the market. However, the “emergency-only” mode of dental care delivery due to the COVID-19 pandemic may have a rippling effect and the market will witness an imminent increase in availing cost of oral care. According to the Journal of Contemporary Dental Practice, dental services may be among the last to relaunch in post-pandemic relaxations since procedures are at high risk of transmission. This might result in serious financial problems and revenue loss for the market.
Dental Equipment Market Segmentation
Grand View Research has segmented the global dental equipment market on the basis of product type and region:
Based on the Type Insights, the market is segmented into Dental Radiology Equipment, Dental Lasers, Systems & Parts, Laboratory Machines, Hygiene Maintenance Devices, and Other Equipment.
- The dental system and parts segment accounted for the largest revenue share of 38.0% in 2020 and is expected to provide significant CAGR during the forecast period. The market is segmented into dental radiology equipment, dental lasers, dental systems and parts, laboratory machines, and hygiene maintenance devices.
- The performance and functionality of these systems and parts are key factors for a successful treatment. The major driver for this segment is the technological advancements and rigorous R&D activities undertaken by key players to provide practitioner friendly and highly efficient equipment to provide smooth procedures.
- The dental lasers segment is reciprocating the highest CAGR over the forecast period attributed to the fact that it is being rapidly used in surgical and teeth whitening procedures. Dental lasers are also used for reshaping gum tissues and removing inflamed tissues.
Dental Equipment Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Companies Profile & Market Share Insights
One of the key factors driving competitiveness among market players is the rapid adoption of advanced technology like computer-aided scanners for precise imaging and diagnosis of disorders related to teeth. Moreover, a prominent number of these players are rapidly opting for geographical expansion, strategic collaborations, and partnerships through mergers and acquisitions in emerging and economically favorable regions.
Recent Developments
- In May 2022, The Straumann Group has agreed to acquire PlusDental, a manufacturer of orthodontic treatment options in Europe. This takeover will strengthen the Group's strategic consumer expertise and open up new opportunities for growth.
- In July 2021, Surgically Clean Air and A-dec have established a new agreement to deliver air purifying solutions to the dentistry sector. The JADE Air Purifier from Surgically Clean Air, which will now be sold exclusively by A-dec to the dentistry profession is a sector air purification system with a premium, modern appearance and efficiency at the center of its design.
- In December 2021, Franciscan Health Crawfordsville, a 103-bed hospital in Indiana, uses Carestream Health's mobile diagnostic X-ray devices to provide sophisticated medical imaging and patient-centric care to its community while increasing workflow and productivity.
Some of the prominent players in the dental equipment market include:
- A-Dec Inc.
- Planmeca Oy
- Dentsply Sirona
- Patterson Companies Inc.
- Straumann
- GC Corporation
- Carestream Health Inc.
- Biolase Inc.
- Danaher Corporation
- 3M EPSE
Order a free sample PDF of the Dental Equipment Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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