Press release
Dental Equipment Market is expected to expand at a CAGR of 4.7% during the forecast period 2016 – 2024
The global dental equipment market was valued at US$ 6,342.3 million in 2015 and is expected to expand at a CAGR of 4.7% during the forecast period (2016 – 2024).
Practice of dentists has shifted from being focused on disease treatment to preventive measures. This change in market dynamics is acting as a catalyst for development of new technologies for diagnosis and treatment of dental issues Growing awareness about dental care among consumers has translated into rising number of routine-check-ups and growing spending on maintaining oral health. This is in turn spurring demand for dental care equipment, including dental lasers, imaging systems, and computer-aided design and computer-aided manufacturing (CAD/CAM) systems.
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Market Dynamics
Dental equipment finds extensive application in diagnosis and treatment of dental disorders such as dental cavities, gingival disease, and periodontal (gum) disease. Advent of 3D printing in dental industry creates a highly favorable environment conducive for market growth and helps dentists provide better services through use of highly efficient diagnostic and treatment tools. Moreover, growing public awareness about dental treatment options, coupled with increasing expenditure on dental care is driving patients to opt for preventive measures. According to a study published in the American Dental Association’s research paper of 2014, around 52.3% of adults in the U.S. visited a dentist every six months. Focus on enhancing patient’s experience through high-quality treatment outcomes is driving demand for dental equipment worldwide.
Market Taxonomy
This report segments the global dental equipment market on the basis of equipment type and end user. On the basis of equipment type, the market is classified as dental imaging equipment, dental lasers, dental laboratory equipment, hygiene maintenance devices, systems and parts, and others. End users of these equipment are hospitals, dental clinics, and dental laboratories.
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Key features of the study:
This report provides in-depth analysis of dental equipment in medical sector and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2016 – 2024), considering 2015 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global dental equipment market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
Key companies covered as a part of this study include A-Dec Inc., 3M ESPE, Carestream Heath, Inc., Biolase Inc., Noble Biocare, Danaher Corporation, Ivoclar Vivadent AG, Dentsply Sirona, Inc., Henry Schein, Inc., Patterson Companies Inc., Planmeca Oy, and Institut Straumann AG.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
The global dental equipment market report caters to various stakeholders in this industry including investors, raw material suppliers of dental equipment, dental equipment manufacturers, contract manufacturers of dental equipment, distributors of dental equipment, dental hospitals and clinics, dental practitioners, dental laboratory technicians, dental laboratories and associations, research and consulting firms, new entrants, and financial analysts
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the dental equipment market
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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.
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