Press release
Portable Dental Chair Market Worth $147.3 Million, Globally, by 2032 at 4.3% CAGR
According to the report, the global portable dental chair industry generated $96.1 million in 2022, and is anticipated to generate $147.3 million by 2032, witnessing a CAGR of 4.3% from 2023 to 2032.Request Sample of the Report on:-
https://www.alliedmarketresearch.com/request-sample/214544
Key Takeaways:
By application, the examination segment was the largest contributor to the market in 2022.
By end user, the dental clinics segment dominated the market in 2022. However, the other segment is anticipated to grow at the highest CAGR during the forecast period.
Region wise, North America generated the largest revenue in 2022. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
Global Portable Dental Chair Market Overview
The global portable dental chair market is witnessing growth due to several factors such as the rise in dental infections like dental caries and periodontal diseases, increased adoption of portable dental chairs, and advancements in their design. Despite these growth drivers, the market faces challenges like a shortage of dental specialists. Nevertheless, emerging markets offer new growth opportunities for the market.
Market Drivers:
Rise in dental infections prevalence
Increased adoption of portable dental chairs
Advancements in portable dental chair design
Market Opportunities:
Growth opportunities in emerging markets
Market Restraints:
Shortage of dental specialists
Economic Downturn Analysis:
The 2023 recession impacted the portable dental chair market with reduced healthcare spending affecting product demand. However, the mobile industry's growth and increased dental surgeries have provided moderate positive impacts during this period.
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Market Segmentation and Forecasts:
Application Segment: The examination segment, accounting for over three-fifths of the market revenue in 2022, is expected to maintain its leadership position due to increasing awareness about oral health.
End User Segment: Dental clinics dominated the market in 2022, contributing to over half of the revenue. They are projected to maintain their lead due to technological advancements and the adaptability of portable dental chairs. However, the others segment is expected to grow at a CAGR of 4.9% from 2023 to 2032, driven by the adoption in academic & research institutes.
Regional Analysis: North America led the market in 2022, holding more than two-fifths of the revenue share and is expected to maintain its dominance. On the other hand, the Asia-Pacific region is anticipated to grow at the fastest CAGR of 5.5% from 2023 to 2032 due to a high prevalence of dental issues and increased healthcare expenditure.
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Key Players in the Market:
MTI Medical Technology Industries, Inc.
Planmeca Oy
Aseptico Inc.
Waldent
BPR Swiss GmbH
Advin Health Care
Ajax Dental Supplies Pty Ltd.
DNTLworks Equipment Corporation
Waterbay Sdn. Bhd.
Chesa Dental Care Services
These leading companies are adopting strategies like product launches and partnerships to enhance their market presence. The report offers insights into their business performance, product portfolio, and strategic initiatives to present a competitive landscape.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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