Global Dental Device Market Expected to Grow at a High CAGR in the Forecasted Period (2017-2021)

Albany, New York, February 21, 2017: Market Research Hub has recently announced the addition of a new report to it broad database titled as “Global Dental Device Market with Focus on Digital Dentistry Market: Size, Trends & Forecasts (2017-2021)”. The report provides a detailed analysis of the global dental device market with analysis of market size and growth.

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Scope of the Report

The analysis includes the market by value and market share by product. Special focus has been given on the digital dentistry with its market size in terms of value for different segments.

The report provides brief regional/country analysis of the Asia Pacific, China and Korea. Regional/country analysis include market sizing in terms of value as well as volume. Asia Pacific is expected to grow at a high CAGR in the forecasted period.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the global dental device market has also been forecasted for the period 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

A brief company profiling of major market players namely Dentsply Sirona, Danaher Corporation, Zimmer Biomet and Henry Schein has been provided in the report on the basis of aspects like business overview, financial overview and business strategies adopted by respective companies.

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Company Coverage

Dentsply Sirona
Danaher Corporation
Zimmer Biomet
Henry Schein

Region/Country Coverage

Asia Pacific
China
Korea

Executive Summary

Dental devices are set of tools used by dental profession to provide dental or oral treatment. These tools are mainly used to examine, manipulate, treat, restore and removing teeth. Dental devices are useful in the diagnosis, treatment and prevention of various dental diseases. Dental devices are categorized into several types to encompass the types of equipment that every practice needs in order to treat patients. Dental devices are broadly classified into seven categories namely preventive, restoratives, large equipment, implants, prosthetics, orthodontics and endodontic.

A new era has developed in the field of dentistry with the help of technological advancements known as digital dentistry. Dental device that combines digital or computer-controlled components in contrast to that of mechanical or electrical alone in oral treatment is digital dentistry. Digital dentistry has several advantages over the conventional dental devices. Digital technologies introduced in the dental market are: CAD/CAM, CBCT, digital scanner, digital x-ray and lasers etc.

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The global dental device market witnessed an upsurge during the period 2015-2016 and projections are made that the market would rise in the next five years i.e. 2017 to 2021 at a rapid pace. Major factors contributing in the growth of the market are rising aging population, rising middle class income in emerging economies, growing demand for cosmetic dentistry and rising dentist penetration in both developed as well as developing nations.

In the forecasted period, market will be pushed by increasing dental tourism, revolutionary technological advancements, and health insurance companies to cover dental expenses and introduction of digital solutions in the market. In spite of high growth, market is still facing certain challenges that are hampering the growth of the market. Challenges encountered by the market are high cost of equipments, growing demand for refurbished equipments, fluoridation measures for decay prevention and growing taxes on medical devices.

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This release was published on openPR.