Dental Equipments Industry - Advancements in Technology & Global Future Forecasts

The report "Dental Equipment Market by Product (Dental Radiology Equipment, Digital Sensors, Dental Lasers, Diode Lasers, Dental Chairs, CAD/CAM, Dental Handpieces, Casting Machines) & by End User (Hospitals and Clinics, Dental Laboratories)- Global Forecast to 2021", The dental equipment market witnessed healthy growth during the last decade and is expected to register CAGR of 4.9% between 2016 and 2021, to reach USD 7.52 Billion by 2021.

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The increasing dental tourism and growing demand for cosmetic industry are other major factors driving the growth of the dental equipment market. Favorable government policies in emerging markets provide significant growth opportunities for international players to expand their presence in these regions.

The dental equipment market is segmented based on products, end users, and regions. On the basis of products, the market is split into dental diagnostic equipment, dental therapeutic equipment, and general equipment. The diagnostic dental equipment segment covers extraoral radiology equipment, intraoral radiology equipment, and hybrid units. The therapeutic dental equipment segment covers dental lasers while the general equipment segment covers casting machines, instrument delivery systems, ceramic furnaces, electrosurgical systems, CAD/CAM systems, dental chairs, dental light cure equipment, and dental handpieces.

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In 2015, the general equipment segment accounted for the largest share of the global dental equipment product segment. The growing adoption of CAD/CAM systems (that aid simplification of procedures, increase patient comfort, and reduces procedure time) is a key driver in this market segment. The general equipment segment is also expected to register the highest CAGR during the forecast period.

Europe held the largest share in the dental equipment market owing to the favorable reimbursement scenario, increasing government expenditure on healthcare, and growth in geriatric population. On the other hand, the Asia-Pacific (APAC) region is expected to register the highest growth rate during the forecast period, due to less stringent regulations, growing demand for dental procedures, and growing dental tourism.

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Danaher Corporation (U.S.), Planmeca OY (Finland), Dentsply Sirona (U.S.), and Carestream Health, Inc. (U.S.) held a major share of the dental equipment market.

The companies majorly focused on strategies such as expansions, partnerships, and new product launches to sustain their positions in the market. Other key players in the global dental equipment market include A-dec Inc. (U.S.), AMD LASERS (U.S.), Biolase, Inc. (U.S.), Ivoclar Vivadent AG (Liechtenstein), Midmark Corporation (U.S.), and 3M (U.S.).

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