Dental Equipment Market

Dental Equipment Market Value To Surpass Us$ 10.0 Billion By 2024
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REPORT DESCRIPTION
Dental Equipment Market : Overview
The Global Dental Equipment Market was valued at US$ 6,342.3 million in 2015 and
is projected to expand at a CAGR of 4.7% during 2016–2024, according to a new
report published by Coherent Market Insights.Increasing prevalence of poor oral
health is increasing patient visits to dental clinics and in turn, is increasing demand
for dental equipment.
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.
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REPORT DESCRIPTION
Dental Equipment Market : Key takeaways
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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.
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REPORT DESCRIPTION
Dental Equipment Market : Key Players
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A-Dec Inc.
3M ESPE
Carestream Heath
Biolase Inc.
Noble Biocare
Danaher Corporation
Ivoclar Vivadent AG
Dentsply Sirona
Henry Schein, Inc.
Patterson Companies Inc.
Planmeca Oy
Institut Straumann AG.
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Dental Equipment Market Value To Surpass Us$ 10.0 Billion By 2024