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Dental Equipment And Supplies Market Analysis, Market Size, Leading Players, Share And Forecast To 2033
Dental Equipment And Supplies Market
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According to The Business Research Company's, The dental equipment and supplies market size has grown rapidly in recent years. It will grow from $24.82 billion in 2023 to $27.43 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to rise in cosmetic dentistry, global dental tourism, government initiatives for dental health, dental insurance coverage, globalization of dental product manufacturing.
The dental equipment and supplies market size is expected to see rapid growth in the next few years. It will grow to $40.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to growing geriatric population, shift towards minimally invasive dentistry, sustainable and eco-friendly practices, integration of big data in dentistry, customization for specialized dental fields. Major trends in the forecast period include digital dentistry integration, advanced imaging technologies, 3d printing in prosthodontics, infection control solutions, ai in dental diagnostics, teeth-specific biomedical innovations.
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Market Drivers and Trends:
Increased demand for dental treatments is expected to propel the growth of the dental equipment and supplies market going forward. Dental treatments refer to medical procedures and interventions performed by dental professionals to address oral health issues and conditions. Dental equipment and supplies aid dentists in diagnosing, treating, and maintaining oral health, addressing issues such as cavities, gum disease, and tooth alignment. For instance, in August 2023, according to the report released by the National Health Service, a UK-based publicly funded healthcare system, there were 32.5 million instances of dental disorder treatments administered, an increase of 23.2% compared to the 26.4 million treatments delivered in 2021. Therefore, increased demand for dental treatments will drive the growth of the dental equipment and supplies market.
Major companies operating in the dental equipment and supplies market are developing innovative products such advanced dental sterilization device to gain a competitive advantage and enhance their product offerings. An advanced dental sterilization device is a machine that is used to properly sanitize dental equipment after its use. It utilizes high-pressure temperatures and steam to combat debris and bacteria. For instance, in November 2023, W&H Impex Inc., an Austrian-based medical equipment manufacturing company, expanded its hygiene offerings with the introduction of the Lexa Plus Class B sterilizer and the Assistina One maintenance device. These additions enhance infection prevention and reprocessing in dental practices. The Lexa Plus sterilizer, designed for the North American market, offers increased capacity, energy-efficient rapid cycles, automatic water filling, and connectivity options for comprehensive protection. The Assistina One maintenance device ensures proper care and swift lubrication cycles for dental handpieces, completing the process in just 18 seconds, making it the fastest in its class.
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Major Key Players of the Market:
3M Company, Danaher Corporation, Henry Schein, Kuraray Noritake Dental Inc., Align Technology Inc., Envista Holdings, Dentsply International Inc., Planmeca Group, Straumann Group, Carestream Health, Ivoclar Vivadent AG, Kerr Corporation, KaVo Kerr LLC, Midmark Corp., Ultradent Products Inc., Septodont Holding, Hu-Friedy Mfg. Co. LLC, GC Corporation, Young Innovations Inc., Brasseler USA, A-Dec Inc., VOCO GmbH, Pearson Dental Supply, DentalEZ Group, Coltene Whaledent Inc., Biolase Inc., Premier Dental Products Company, Aseptico Inc., Paradise Dental Technologies, American Eagle Instruments Inc (AEI)
Dental Equipment And Supplies Market 2024 Key Insights:
• The dental equipment and supplies market size is expected to see rapid growth in the next few years. It will grow to $40.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%.
• Growing Demand For Dental Treatments Fuels Expansion Of Dental Equipment And Supplies Market
• Advancements In Sterilization And Maintenance Solutions
• Asia-Pacific was the largest region in the global dental equipment and supplies market in 2023
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