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Major Market Players:
Danaher Corporation (U.S.), Planmeca OY (Finland), Dentsply Sirona (U.S.), and Carestream Health, Inc. (U.S.) held a major share of the dental equipment 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.).
Geographically, the dental equipment market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, Europe commanded a major share of the market.
However, Asia-Pacific is expected to register the highest growth rate during the forecast period, primarily due to less stringent regulations in the dental industry, increasing number of new healthcare facilities, and rising oral healthcare awareness.
The rapidly increasing aging population, growing prevalence of dental diseases, technological advancements and growing demand for cosmetic dentistry are the major factors driving the growth of the market.
However, high cost of equipment, especially advanced equipment, is expected to hinder the growth of this market to a certain extent.
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