Dental Equipment Market
Changing eating habits has led to increase in dental caries and infection among children and adults alike. High treatment costs and lack of insurance coverage dissuades a majority of the population from visiting a dentist even in developed economies such as the U.S. and U.K. However, the Medicaid is working towards increasing dental insurance coverage across the U.S. through its regional expansion plans. Besides, advent of advanced technological dental equipment such as CAD/CAM, cone beam CT systems and 3D printed dental equipment helps improve therapy outcomes and provide minimal treatment pain, which in turn enhances the patient’s experience.
Launch and adoption of new treatment technologies and equipment is a vital factor fueling growth of the global dental industry. 3D printing is one such technology which is playing a role of a key game changer in various dental applications. Due to this, companies manufacturing dental equipment are expanding their product portfolio related to 3D products in order to sustain their market share. For instance, Planmeca Oy launched Creo 3D printer for dental professionals in March 2016. This Digital Light Processing (DLP) 3D printer allows the dentist to custom-print dental implants, splints, surgical guides, temporary fillings, and other medical models. Planmeca Oy also launched a number of new dental consoles—Evolution 12 O’Clock (pictured), Evolution Central Island Console, and Evolution Side Console in November 2016. These consoles have an added advantage of supporting forward integrated with future technologies.
Request Sample Copy of Research @
The dental equipment market is witnessing a trend of consolidation. Dentsply International and Sirona Dental Systems merged in February 2016 to form Dentsply Sirona, Inc.—the largest manufacturer of dental equipment and technologies. Post-merger, the company acquired MIS Implants Technologies Ltd.—an Israel-based dental implant systems manufacturer—in June 2016 for US$ 375 million. This acquisition would help Dentsply Sirona, Inc. increase growing demand for dental implants, especially in the MEA region. Other leading market players such as Planmeca Oy are also expanding inorganically. Planmeca Oy expanded its product portfolio through the inclusion of CAD/CAM Restorative System developed by E4D Technologies, LLC, following the acquisition of the latter in December 2013. Through this acquisition, the Planmeca Oy obtained a competitive edge in providing integrated digital dental solutions to dentists and dental laboratories. Consistent introduction of new devices and equipment would enable existing and new dental clinics and laboratories offer improved treatment solutions to their patients.
Increasing insurance coverage is further analyzed to boost market growth for dental equipment and imaging devices. According to the American Dental Association, 29 states in the U.S. extended dental Medicaid benefits to population in their respective states (as of March 2015). Demand for Medicaid dental services is increasing with expanding coverage of Medicaid dental services across different states in the U.S. According to the statistics of National Health Smile organization, approximately 88% of the U.K. adult population in 2016 did not have dental insurance.
Key take aways of the dental equipment market:
The global dental equipment market is expected to expand at a CAGR of 4.7% during the forecast period due to increasing dental insurance and dental tourism in emerging economies in Asia and Latin America
In terms of equipment, dental system and parts segment holds the largest market share and is expected to reach a value of US$ 2,363.3 million in 2017. Increasing demand for dental equipment accessories and parts is fueling growth of the segment.
Adoption of dental equipment in dental clinics is expected to increase rapidly, with growing number of dental clinics across the globe
Although, North America led the global dental equipment market in 2015 (in terms of revenue), Asia Pacific is projected to be the fastest growing dental equipment market expanding at a CAGR of 5.6% during the forecast period. Factors contributing to rapid growth rate include increasing medical tourism for dental care and growing distribution network of dental equipment manufacturers in this region.
The global dental equipment market is experiencing consolidation, with leading players such as Dentsply Sirona, Inc. and Planmeca Oy cannibalizing each other’s shares in this industry.
Browse Global Strategic Business Report@
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Visit Coherent Market Insights Blog @ https://blog.coherentmarketinsights.com
Connect with us on LinkedIn @ https://www.linkedin.com/company/coherent-market-insights
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Dental Equipment Market here
News-ID: 599505 • Views: 286
More Releases from Medical Device By CMI
Custom Procedure Trays and Packs Market – Insights
Increasing number of surgical procedures is fuelling the adoption of custom procedure trays and packs (CPTP) market during the forecast period. For instance, according to the WHO, global volume of the surgeries performed in 2012 was estimated to 266.2 to 359.5 million, out of which one in every 20 operations globally was done in very-low-expenditure Member States. Increase in geriatric population, who are more likely to develop chronic wounds as they
Robotic Rehabilitation and Assistive Technologies Market, By Product Type
Rehabilitation robotics and assistive technologies allow for use of robotic devices for rehabilitation of patients suffering from mobility issues. Robotic rehabilitation and assistive technologies allow for application of robotics in therapeutic procedures to help with recovery a person from various diseases or disabilities such orthopedic traumas, neuromotor disorders, cognitive diseases, strokes and spinal cord injury. Assistive robotics allows people suffering from degenerative motor and/or cognitive abilities to lead an independent
Spectrophotometer Market : Moving Towards a Brighter Future
North America is expected to hold dominant position in the market and is also expected to show significant growth in the spectrometer market, due to increasing launch of novel products in the region by key players. For instance, in February 2018, Thermo Fisher Scientific, a U.S.-based company, launched TSQ 9000 Triple Quadrupole GC-MS/MS System. This system has been designed to increase productivity, with enhanced sensitivity, and it also reduces maintenance
Clinical Mass Spectrometry: Innovative Solution for Diverse Medical Applications
Clinical Mass Spectrometry: Innovative Solution for Diverse Medical Applications Clinical mass spectrometry serves as a quantitative and qualitative analytical tool for assessment of complex mixtures in all the phases of drug development, including identification of the lead compound and their conformational details. Clinical laboratories use automation for the management of large number of samples through, either total automation systems or high level analyzer automation that are offered by clinical mass spectrometers
More Releases for Planmeca
Dental 3D Printing Devices Market (Impact of COVID-19) Growth, Revenue, Size and …
The global Dental 3D Printing Devices Market research report thoroughly explains each and every aspect related to the Dental 3D Printing Devices Market, which facilitates the report's reader to study and evaluate the upcoming market trend and execute the analytical data to promote the business. The growth trend forecasted on account of thorough examination offers in-depth information regarding the global Dental 3D Printing Devices Market. A pathway of development is
2019 Dental Diagnostic Equipment Market Top Key Players Focused – Biolase, Dan …
“Dental Diagnostic Equipment Market” report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors. The report also covers import/export data across all major regions covered in this report. Download Sample PDF copy of this report @ https://www.upmarketresearch.com/home/requested_sample/98728 The key players covered in this study Biolase Inc. Danaher Corp. Midmark Corp. PLANMECA Oy Sirona Dental Systems Inc. Acteon Dentatus This report focuses
Dental LCD Displays Market Analysis to 2025 with Planmeca, TPC, Planmeca, Miglio …
The newly released research at Up Market Research titled “2019 - 2025 Global Dental LCD Displays Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years. This report presents a comprehensive overview, market shares, and growth opportunities of Dental LCD Displays Market by product type, application, key manufacturers and key regions. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/76016 Dental LCD Displays
Latest Report On Dental LCD Displays Market 2019-2025 | Estimated By Top Key Pla …
UpMarketResearch offers a latest published report on “Global Dental LCD Displays Market Analysis and Forecast” delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/48144 Dental LCD Displays Market research report delivers a close watch on leading competitors with
Dental CAD-CAM Market By Key Players: Align technology, Danaher, Dentsply Sirona …
Dental CAD-CAM Industry Overview Dental CAD-CAM systems help dentists to create highly effective designs and restorations in a single appointment. The quality of dental prostheses such as inlays, onlays, crowns, veneers, bridges, and restoration are improved by the effective use of dental CAD-CAM systems. The Dental CAD-CAM market research study relies upon a combination of primary as well as secondary research. It throws light on the key factors concerned with generating and limiting Dental CAD-CAM market growth. In addition, the current mergers and
Danaher, Planmeca Profiled in Dental Imaging Equipment Market 2023 Report - Care …
Market Study Report Add New Global Dental Imaging Equipment Market by Manufacturers, Countries, Type and Application, Forecast to 2023. It provides Industry analyses the important factors of this market based on present industry situations, market demands, business strategies utilized by Dental Imaging Equipment Market players and their growth synopsis. This report divides the Dental Imaging Equipment Market based on the key players, Type, Application and Regions are Mentioned Below. The report