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Dental Equipment Market Headed for Growth and Global Expansion by 2024

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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 awarenes
Dental Equipment Market Is Forecasted To Witness
A Thriving Growth By 2024
Global Dental Equipment Market, By Equipment Type (Dental imaging
equipment, Dental lasers, Hygiene maintenance devices, Systems and parts),
End User (Hospitals , Dental clinics, Dental laboratories), and Geography Trends,Size and Forecast till 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.
Development of CAD/CAM & 3D printing is expected to drive dental equipment market growth
Incision during surgeries can be carried out precisely by using laser and electro surgery techniques.
This will reduce the damage caused to tissues and will aid in faster healing. The time taken for
prosthodontic restoration procedures has reduced to one day due to the development of CAD/CAM. By
replacing conventional radiology equipment with digital radiology equipment equipped with picture
archiving and communication systems (PACS), treatment records can be archived.
High treatment costs in developed economies fueling influx of dental tourists in emerging
economies
According to the New National Survey published in the American Dental Association in 2014, 40.2%
of adults in the U.S. indicated that they would forego dental care due to high costs associated with it.
According to 2016 statistics of the Oral Health Foundation, 88% of adults in the U.K.do not have
dental insurance and around 63% of adults prefer visiting National Health Service (NHS) dentists
rather than private dentists due to high costs associated with the later. High dental cost involved in
cosmetic dentistry dental caries, periodontal disease treatment and overall dental care in developed
economies is fueling growth of dental tourism in emerging regions such as Asia, Latin America, and
Eastern Europe. Rapid development of dental tourism hubs such as India and Brazil would spur growth
of the dental equipment market in emerging regions.
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.
Increasing preference for refurbished dental equipment impacting the growth of overall dental
equipment market
Budget constraints in emerging countries such as India, China, Brazil and Eastern European countries
is driving demand for refurbished dental equipment. This aids the newly established dental clinics and
laboratories to achieve cost-efficiency with quality throughput. New dental equipment such as cone
beam CT systems, vacuums & compressors, cad/cam, digital X-ray units and laboratory equipment
involve high capital investment. This may increase the cost of patient dental procedures, thus
negatively impacting the number of patient visits. Therefore, most dentists and hospitals in emerging
countries prefer refurbished equipment, which in turn helps them pass on the cost-saving benefits to
their patients. Market players such as Danaher Corporation, Planmeca Oy, and Dentsply Sirona, Inc.
must consider the cost parameters while targeting the cost-sensitive customer base in emerging
countries that are projected to be highly lucrative Dental Equipment Market in the near future.
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