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Dental Chair Market Projected to Discern Stable Expansion During 2022

11-07-2017 12:03 PM CET | Health & Medicine

Press release from: TMR - Research Reports

According to Transparency Market Research (TMR), by the end of 2017, the worldwide market for dental chairs is expected to reach US$455.5 mn. Further, the opportunity in this market is projected to rise at a CAGR of 3.90% over the period from 2017 to 2022 and increase to US$551.8 mn by the end of the forecast period. The increasing awareness among people about overall oral health and hygiene is also expected to drive the growth of this market over the next few years.

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“With the tremendous rise in the prevalence of oral (gum and teeth) diseases across the world, the global dental chair is experiencing a remarkable surge in its valuation and size,” says a researcher at TMR. The advancements in the medical and healthcare infrastructural, worldwide, is also propelling the growth of this market substantially. However, the dearth of ergonomic features may limit the adoption of these chairs, reflecting negatively on their sales and, subsequently, on the market in the years to come.

Nonetheless, the advancements technology and the rising awareness level of people pertaining to the overall oral health and hygiene is projected to boost this market over the next few years. As per the research study, the opportunity in the worldwide market for dental chairs is estimated to attain a value of US$455.5 mn by the end of 2017. The market is poised to further increase at a CAGR of 3.90% during the period from 2017 to 2022 and rise to US$551.8 mn by the end of the period of the forecast, states the market report.

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The Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), North America, Europe, and Japan have surfaced as the primary regional markets for dental chairs across the world. Europe, among these, has acquired the leading position in the global market. Analysts at TMR predict this regional market to maintain its dominance over the forecast period, creating an absolute opportunity worth US$27.9 mn. The Europe market for dental chair is anticipated to gain significantly from the rising pool of patients suffering from tooth and gum-related problems and the increasing number of laboratories over the next few years.

Oral surgery dental chairs have been witnessing a comparatively higher demand from consumers across the world. Researchers predict this trend to remain so in the years to come. However, other types of dental chairs will also report a steady rise in their demand. Hospitals and clinics will continue registering a higher demand for dental chairs, globally, over the forthcoming years, notes the research study.

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According to a new research study by Transparency Market Research (TMR), the global dental chairs market is characterized by technological innovations. The strategic alliances among international and domestic companies is another emerging trend in this market. The leading suppliers of dental chairs across the world, such as Danaher, A dec Inc., DentalEZ Inc., Dexta Corp., Dome Inc., are increasingly involving into mergers, acquisitions, and tactical partnerships in an effort to strengthen their foothold in the global market. Over the next few years, the market is anticipated to witness intense rivalry between the vendors, competing on the basis of innovation in products and price differentiation, notes the research study.

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About TMR

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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