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Dental Equipment Market Growth 2023, Industry Share-Size, Emerging Trends, Business Opportunities, Future Investments and Analysis Report 2033: SPER Market Research
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According to SPER market research, 'Dental Equipment Market Size- By Product Type, By End Users, By Application, By Type of Expenditure, By Product - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Dental Equipment Market is predicted to reach USD 21.06 billion by 2033 with a CAGR of 6.44%.
The Dental Equipment market is expanding rapidly due to several key factors. The global dental equipment market is a multibillion-dollar sector that has been continuously developing in recent years as a result of factors such as an aging population, an increase in the number of dental illnesses and conditions, and technical advances in dental equipment. The world's population is aging, and older people are more vulnerable to oral disorders. As the number of elderly people grows, so will the demand for dental equipment and services. Dental tourism, in which people travel to other nations for dental care, has grown in popularity in recent years. This has raised demand for dental equipment and services in renowned dental tourism destinations, propelling the business forward.
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While the worldwide dental equipment market is expanding, the industry is also facing a number of obstacles. The global dental equipment industry is very competitive, with numerous low-cost manufacturers participating in the market. This might make it difficult for established players to compete on price, especially in price-sensitive areas. Many countries have severe rules regarding dental equipment, notably in terms of safety and quality standards. This can raise the cost and time required for firms to bring new items to market, limiting industry innovation and growth.
Impact of COVID-19 on Dental Equipment Market
In addition, The COVID-19 outbreak has had a substantial impact on the dental equipment business. Routine dental treatment was essentially unavailable during the pandemic because many dentist offices were forced to close because these treatments were considered as optional. Many practices face economic and social challenges as a result of care constraints, practice closures, and shortages of personal safety equipment (PPE), as well as the need to invest in new PPE and technology. Despite the fact that many offices and clinics are reopening around the world, there are various concerns about the accessibility of dental services and the safety of dentists.
Dental Equipment Market Key Players:
Geographically, North America owns the prime share of this market; Additionally, some of the market key players are 3M Company, 3Shape, A-Dec Inc., Align Technology, Bego, Biolase Inc., Carestream Health Inc, Takara Belmont, Ultradent Products, Yoshida Dental, Others.
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Dental Equipment Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Product Type: Based on the Product Type, Global Dental Equipment Market is segmented as; Dental Surgical Devices and Equipments, Diagnostic Equipments [Dental Imaging Software, Extraoral Imaging Systems (3D CBCT Systems, Panoramic and Cephalometric Systems, Panoramic Systems), Intraoral Imaging Systems (Intraoral Cameras, Intraoral Photostimulable Phosphor Systems, Intraoral Sensors, Intraoral X-ray Systems)], Hygiene Maintenance Devices (Air Purification and Filters, Hypodermic Needle Incinerator, Sterilizers, Other services), Therapeutic Dental Equipments [Dental Lasers (Soft Tissue Laser, All Tissue Lasers), Dental Operatory and Treatment Center Equipments (Dental Chairs, Dental Handpieces, Dental light-curing Equipments, Dental Units, Other Dental Operatory and Treatment Center Equipments)].
By End Users: Based on the End Users, Global Dental Equipment Market is segmented as; Dental Academic Institutes, Dental Laboratories, Dental Service Organizations, Hospitals and Clinics, Other End Users.
By Application: Based on the Application, Global Dental Equipment is segmented as; Endodontic, Orthodontic, Periodontic, Prosthodontic.
By Type of Expenditure: Based on the Type of Expenditure, Global Dental Equipment is segmented as; Private Expenditure, Public Expenditure.
By Product: Based on the Product, Global Dental Equipment is segmented as; Disposables, Instruments/Equipments.
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
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