(PharmaNewsWire.Com, April 08, 2021 ) According to research report the dental equipments market is expected to register CAGR of 4.9% between 2016 and 2021, to reach USD 7.52 Billion by 2021.
Danaher Corporation (U.S.), Planmeca OY (Finland), Dentsply Sirona (U.S.), and Carestream Health, Inc. (U.S.) held a major share of the dental equipments market. The companies majorly focused on strategies such as expansions, partnerships, and new product launches to sustain their positions in the market. Other key players in the global dental equipment market include A-dec Inc. (U.S.), AMD LASERS (U.S.), Biolase, Inc. (U.S.), Ivoclar Vivadent AG (Liechtenstein), Midmark Corporation (U.S.), and 3M (U.S.).
Growth in this market can primarily be attributed to factors such as the rapid growth in aging population, increasing demand for cosmetic dentistry, and growing incidence of dental caries and other periodontal diseases.
The dental equipments market is segmented based on products, end users, and regions. On the basis of products, the market is split into dental diagnostic equipment, dental therapeutic equipment, and general equipment. The diagnostic dental equipment segment covers extraoral radiology equipment, intraoral radiology equipment, and hybrid units. The therapeutic dental equipment segment covers dental lasers while the general equipment segment covers casting machines, instrument delivery systems, ceramic furnaces, electrosurgical systems, CAD/CAM systems, dental chairs, dental light cure equipment, and dental handpieces.
The general equipment segment accounted for the largest share of the global dental equipment product segment. The growing adoption of CAD/CAM systems (that aid simplification of procedures, increase patient comfort, and reduces procedure time) is a key driver in this market segment. The general equipment segment is also expected to register the highest CAGR during the forecast period.
Based on end users, the dental equipment market is segmented into hospitals and clinics, dental laboratories, and other end users. On the basis of geography, the dental equipments market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (Latin America and Middle East & Africa).
Geographically, the global dental equipments market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. During the forecast period, Europe holds the largest share of this market. The major factors driving the growth of the European dental equipments market include the rising geriatric population, growing governmental expenditure on oral healthcare across Europe, and the high reimbursement rate in Germany, Sweden, and the Netherlands.
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