The global dental equipment market size has been valued at USD 7.26 Billion in 2022 and is estimated to reach USD 9.38 Billion by the end of 2027, witnessing a CAGR of 5.25 % during the forecast period.
Dental equipment includes devices that can be used to treat and diagnose dental conditions. Various dental conditions, such as periodontal and dental caries, are commonly affecting the majority of the population. This global dental equipment market report shows the evaluation of the market for the forecast period, and this report is also aimed to analyze the impact of the COVID-19 on the market dynamics. The report further includes a depth analysis of the market potential of all products that are available in the market.
MARKET DRIVERS:
Growth can be linked to main factors such as increased demand for dental procedures, the prevalence of dental diseases, and increased medical tourism activities related to these procedures. The increasing geriatric population and demand for preventive, restorative, and surgical dental care services are likely to impact growth. Another factor driving the market growth is favorable government initiatives related to dental hygiene. Governments in many countries have introduced initiatives in recent years for the improvement of dental health. Additionally, growing medical tourism activities to create awareness among the people about the current availability of dental procedures and investments by government and private healthcare infrastructure organizations are propelling the market growth in the coming years.
Organizations are funding modern research and development facilities and new product inventions to meet the demands of the dental equipment industry. To increase understanding of dental diseases and their diagnosis and treatment, various education campaigns and conferences are conducted worldwide.
MARKET RESTRAINTS:
Lack of awareness in some developing nations, lack of proper reimbursement policies, and apathy towards dental procedures in individual sections are the major restraints that hamper the growth of the dental equipment market. Additionally, high costs associated with the installation and maintenance of the devices in the hospitals and clinics are slowly impeding the growth rate of the market. Lack of complete knowledge over the availability of equipment in rural areas limits the market's growth rate.
Impact of COVID-19 on the global dental equipment market:
World Health Organization announced the COVID-19 as a healthcare emergency. The Dental Equipment market had experienced a decline in growth during the initial months of 2020 due to the lockdown and restrictions on the movement. All the dental services were either postponed or canceled to control the transmission of the diseases. However, with the unlock guidelines in the last months of 2020, all the activities were resumed with high preventive measures like social distancing and wearing masks. It is expected that the market shares may have an inclined growth rate in 2021.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2021 to 2027 |
|
Base Year |
2021 |
|
Forecast Period |
2022 to 2027 |
|
Segments Covered |
By Product Type, End-User, and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa |
This research report on the global dental equipment market has been segmented and sub-segmented based on the product type, end-user, and region.
Dental Equipment Market - By Product Type:
Based on product type, the systems and parts segment held 39.9% of the market share in 2020. Nonetheless, over the forecast period, dental laser equipment is predicted to experience the quickest 6.8% CAGR. Increasing focus on the development of new devices with the latest technologies is propelling the demand of the market. The dental radiology equipment segment is deemed to have the highest CAGR in the coming years with the increasing incidences of dental problems worldwide.
The devices and parts section are classified into tool delivery systems, vacuums and compressors, cone beam CT systems, casting machines, furnaces and ovens, electrosurgical equipment, and CAD / CAM systems. Last year, CAD / CAM held the largest share of the division of systems and parts. In terms of technological supremacy, which is expected to drive the dental equipment market during the forecast period, CAD / CAM techniques are increasingly replacing die-casting techniques. Throughout the forecast period, however, cone-beam CT systems are expected to observe the highest CAGR.
Dental Equipment Market - By End User:
Based on the end-user segmentation, the hospitals and clinics held the largest market share over the forecast period. The factors such as an increase in the investment in healthcare industries to develop the infrastructure and adoption of healthcare technologies are leveraging the market growth.
Dental Equipment Market - By Region:
Regionally, North America held 34% in the global dental equipment market in 2019 and predicted that it would continue the domination throughout the forecast period. Factors such as growing demand for cosmetic surgeries, growing geriatric population, and increasing infrastructure facilities in the healthcare sector drive market growth. Moreover, collaborations between the healthcare providers & the research organizations and the availability of several dentists and dental clinics are propelling the market growth in this region.
The European market recorded the second-leading share in the global dental equipment market and is estimated to grow at a robust CAGR from 2020 to 2025. Factors such as the growing expenditure on healthcare, favorable reimbursement scenario, growth in the geriatric population, growing demand for quality treatment procedures, and increasing healthcare expenditure are accelerating the market demand in this region.
The Asia-Pacific (APAC) region is expected to account for the highest CAGR during the forecast period owing to the growing demand for dental procedures, less stringent regulations, and growing dental tourism. The Asia pacific witnessed significant growth in the global dental equipment market during the forecast period. Growing geriatric population, increasing investment by government and private organizations to improve healthcare infrastructure facilities, and awareness among the people about the current dental procedure are expected to drive the market growth.
KEY MARKET PARTICIPANTS:
The list of key market participants leading the global dental equipment market profiled in the report is Danaher Corporation, Planmeca OY, A-dec Inc, Carestream Health, Inc, Dentsply Sirona, AMD LASERS, Biolase, Inc, Ivoclar Vivadent AG, Midmark Corporation, 3M.
In mid-2019, ORCA Dental AI, a dental artificial intelligence (AI) technology provider for automatic diagnostics, analysis, and treatment intending, and Planmeca Oy, a prominent dental imaging solutions supplier, today announced a new partnership to bring artificial intelligence products to market for the very first time allowing instant teeth segmentation and structure identification. The first alternative from ORCA automates the vital process of teeth segmentation in CBCT scans as part of this new partnership. ORCA provides information about every tooth, root inclination, impacted tooth position, and supernumerary by automatically segmenting teeth and bone in seconds.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Product type
5.1.1 Dental Radiology Equipment
5.1.1.1 Intra oral
5.1.1.2 Extra-oral
5.1.2 Systems and parts
5.1.2.1 Cast Machine
5.1.2.2 Instrument Delivery Systems
5.1.2.3 Vacuums & Compressors
5.1.2.4 Cone Bean CT Systems
5.1.2.5 Furnace and Ovens
5.1.2.6 CAD/CAM
5.1.2.7 ElectroSurgical Equipment
5.1.3 Dental lasers
5.1.3.1 Diode Lasers
5.1.3.2 Carbon dioxide lasers
5.1.4 Laboratory Machines
5.1.4.1 Micro motor
5.1.4.2 Ceramic furnaces
5.1.4.3 Electronic waxer
5.1.4.4 Hydraulic press
5.1.4.5 Suction unit
5.1.5 Hygiene Maintenance
5.1.5.1 Air purification and filters
5.1.5.2 hypodermic needle incinerator
5.1.5.3 sterilizers
5.1.6 others
5.2 By End users
5.2.1 Hospitals and clinics
5.2.2 Dental Laboratories
5.2.3 Others
6. Geographical Analysis
6.1 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.2 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 South Korea
6.3.6 Australia
6.4 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.5 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Danaher Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Planmeca OY
8.3 A-dec Inc.
8.4 Carestream Health, Inc.
8.5 Dentsply Sirona
8.6 AMD LASERS
8.7 Biolase, Inc.
8.8 Ivoclar Vivadent AG
8.9 Midmark Corporation
8.10 3M
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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