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Global Dental Equipment Market 2022 | Expected to Reach USD 16.07 billion (at CAGR of 9.6%) | COVID-19 Impact Covered
Dental Equipment Market
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What is the Scope of this market?
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
Geographical Analysis:
• North America (The U.S. and Canada)
• Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and the Rest of Latin America)
• The Middle East & Africa (South Africa, GCC, and the Rest of the Middle East & Africa)
Major Dental Equipment Market Key players covered in the report include:
• Institut Straumann AG (Basel, Switzerland)
• Dentsply Sirona (Pennsylvania, United States)
• VATECH (South Korea)
• A-dec Inc. (Newberg, Oregon, United States
• BIOLASE, Inc. (Irvine, United States)
• Carestream Health, Inc. (New York, United States)
• Ivoclar Vivadent AG (Schaan, Liechtenstein)
• Danaher (Washington, D.C., United States)
• Other Prominent Players
Dental Equipment Market Analysis 2022:
DRIVING FACTORS
Rising Geriatric Population to Augment Growth
The rising geriatric population is leading to several dental ailments that is anticipated to propel the demand for advanced dental equipment. Additionally, the increasing dental disorders is driving the manufacturers to develop innovative dental equipment across the globe. For instance, the growing preference for digital dental x-ray equipment that aids in significant cost reduction and better image processing is expected to boost the global dental equipment market growth during the forecast period.
SEGMENTATION
Dental Radiology Equipment Held 46.4% in 2019
The dental radiology equipment segment, based on product, held a market share of about 46.4% in 2019 and is anticipated to showcase exponential growth backed by the growing preference for advanced dental radiology equipment that enables efficient image processing systems.
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REGIONAL INSIGHTS
North America to Remain at Forefront; Increasing Spending on Dental Care to Aid Growth
Among all the regions, North America is expected to hold the highest position in the global dental equipment market in the forthcoming years. The increasing spending on dental care is propelling the demand for innovative dental equipment that is attributable to the region’s growth between 2020 and 2027. North America stood at USD 3.49 billion in 2019.
On the other hand, Europe is expected to hold the second position in the market during the forecast period. This is ascribable to factors such as the growing adoption of dental implants that will boost the adoption of dental equipment in the region.
COMPETITIVE LANDSCAPE
Eminent Companies Focus on Partnership to Intensify Industry Competition
The global dental equipment market is consolidated by the presence of major companies that are focusing on leveraging the opportunities provided by the growing demand for advanced dental equipment. These companies are further striving to maintain dominance by partnering with other small companies to expand their product portfolio that will contribute to the market growth in the forthcoming years.
Industry Development:
• July 2019- Carestream Dental announced a partnership with ArchformByte. Through the deal, dentists using the CS 3500 or CS 3600 intraoral scanners from Carestream Dental will be able to send the accurate images captured to ArchformByte online for efficient production of C-Thru aligners in no time.
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