Dental Equipment Market Rising in United States and United Kingdom | Fortune Business Insights
The global ”dental equipment market” size is expected to gain momentum by reaching USD 16.07 billion by 2027 while exhibiting a CAGR of 9.6% between 2020 and 2027. This is attributable to the growing preference for digital dental x-ray and the rising geriatric population that is projected to drive the demand for advanced dental equipment. Fortune Business Insights published this information in its latest report, titled, “Dental Equipment Market Size, Share & Industry Analysis, By Product Type (Dental Radiology Equipment, Dental Lasers, Dental Surgical Navigation Systems, Dental CAD/CAM Equipment, Dental Chairs, and Others) and By End-User (Hospitals, Dental Clinics, and Others), 2020-2027.” The report further mentions that the market stood at USD 8.89 billion in 2019 and is likely to experience considerable growth in the forthcoming years.
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Report:
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|
North America |
United States, Canada and Mexico |
|
Europe |
Germany, UK, France, Italy, Russia and Turkey
etc. |
|
Asia-Pacific |
China, Japan, Korea, India, Australia, Indonesia,
Thailand, Philippines, Malaysia and Vietnam etc. |
|
South America |
Brazil, Argentina, Columbia etc. |
|
Middle East & Africa |
Saudi Arabia, UAE, Egypt, Nigeria and South
Africa |
Increasing Prevalence of Dental Caries to
Feed Market Growth
According to the World Health Organization (WHO), around 2.3 billion people globally suffer from dental caries of their permanent teeth. Moreover, 530 million children are affected by caries of their primary teeth. The growing prevalence of dental disorders is driving the demand for innovative dental treatments that is likely to surge the adoption of these equipment globally. Moreover, supportive government initiatives such as favorable reimbursement policies for treating dental disorders is expected to boost the global dental equipment market growth in the forthcoming years.
Major Dental Equipment Market Key players covered in the report
include:
·
Institut Straumann AG (Basel,
Switzerland)
·
Dentsply Sirona (Pennsylvania, United
States)
·
VATECH (South Korea)
·
A-dec Inc. (Newberg, Oregon, United
States
·
BIOLASE, Inc. (Irvine, United States)
·
Carestream Health, Inc. (New York,
United States)
·
Ivoclar Vivadent AG (Schaan,
Liechtenstein)
·
Danaher (Washington, D.C., United
States)
·
Other Prominent Players
DRIVING FACTORS
Rising Geriatric Population to Augment
Growth
The rising geriatric population is leading to several dental ailments that is anticipated to propel the demand for advanced dental equipment. Additionally, the increasing dental disorders is driving the manufacturers to develop innovative dental equipment across the globe. For instance, the growing preference for digital dental x-ray equipment that aids in significant cost reduction and better image processing is expected to boost the global dental equipment market growth during the forecast period.
Industry Development:
·
July 2019- Carestream Dental
announced a partnership with ArchformByte. Through the deal, dentists using the
CS 3500 or CS 3600 intraoral scanners from Carestream Dental will be able to
send the accurate images captured to ArchformByte online for efficient
production of C-Thru aligners in no time.
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