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Large-Scale Adoption Make Dental Chair Market Very Profitable: Industry Forecast 2023

02-19-2019 11:04 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Large-Scale Adoption Make Dental Chair Market Very Profitable:

In order to ensure proper patient care, the dentist necessarily needs a dental chair (dental treatment unit). These chairs are designed according to the size and capacity of the medical facility. In addition, they are essentially used throughout various applications in the field of dentistry, including dental surgery, dental examination, orthodontic applications, and cosmetic dental and endodontic applications.

The development of a sophisticated dental chair that allows practitioners or dentists to streamline their daily work complemented the market growth. The global dental chair market was valued at $1,526.9 million in 2016, and is projected to reach $2,165.5 million by 2023, growing at a CAGR of 5.0% from 2017 to 2023.

The rapid rise in the incidence of oral disease in both adults and pediatric populations has greatly boosted the demand for dental chairs around the world. According to the Centers for Disease Control and Prevention (CDC), approximately 18.6% of children aged 5 to 19 years old suffered from untreated caries in 2014 in the United States alone.

In addition, untreated tooth decay was diagnosed in 31.6% of adults aged 20 to 44 in the same year in the United States. The high incidence of oral disease in these countries aroused demand for dental chairs, thereby accelerating market growth.

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Top key Players:

• Midmark
• Sirona
• Danaher Corporation
• PLANMECA OY
• Dental EZ
• 3M
• Biolase
• Benco Dental Supply

Technological progress in building a dental chair with a comfortable design and up-to-date upgradeable features into a dental chair has pushed the market growth. In addition, the introduction of customized dental chairs for patient comfort has increased their adoption in hospitals and dental clinics.

Significant increases in the prevalence of oral disease have had a significant impact on the dental chair market. In addition, with the rise of dental tourism, the demand for sophisticated advanced dental chairs in Asia Pacific countries is rising and it is predicted that it will provide advantageous opportunities for market expansion. However, the problem of refunding to dental equipment and products is expected to constrain market growth.

Key Findings of the Dental Chair Market:

• The powered dental chairs segment is expected to register the highest growth rate from 2017 to 2023.

• Chair component accounted for maximum revenue in 2016, and is anticipated to maintain this trend throughout the forecast period.

• North America dominated the global dental chair market, accounting for maximum share in 2016, and is expected to retain the same trend during the forecast period.

• Other applications segment in the dental chair market is expected to grow at the fastest pace throughout the forecast period.

• Research & academic institutes is estimated to exhibit the highest CAGR of 6.2% from 2017 to 2023

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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