Dental Equipment Market Size - By Product Type, By End-Users, By Applications, By Type of Expenditure, By Product - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032
Global Dental Equipment Market Overview:
According to SPER Market Research, the Global Dental Equipment Market is estimated to reach USD 14.06 billion by 2032 with a CAGR of 7.92%.
The market for dental equipment is anticipated to expand at a consistent CAGR. The major factors that are anticipated to propel growth of the global dental equipment market over the forecast period include the rising incidence of caries in adults and particularly in children, rising research and development activities for the creation of novel technology for dental treatment, and increasing reliance on inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players in the market.Additionally, the efforts made by the governments of various countries to promote oral hygiene and the expenditures made in R&D activities to enhance the functionality of dental equipment are anticipated to present a plethora of potential prospects for market participants throughout the forecast period.
Impact of COVID-19 on the Global Dental Equipment MarketThe market for dental equipment has been significantly impacted by the COVID-19 outbreak. During the pandemic, routine dental treatment was virtually unavailable because many dentist offices had to close because these services were viewed as elective. The economic and social difficulties brought on by care limitations, practise closures, and shortages of personal safety equipment (PPE), as well as the requirement to invest in new PPE and technology, pose a threat to the ongoing operation and long-term survival of many practises. There are several worries concerning the accessibility of dental services and guaranteeing the safety of dentists, despite the fact that many offices and clinics around the world are reopening. Due to low patient volumes and elective treatments, Dentsply Sirona revealed that its net sales for the first quarter declined in organic terms. This downward trend in revenue and net sales was seen in a number of other businesses in the market. The market is anticipated to resume growth soon, so this is only expected to be a temporary downturn.
Scope of the Report:Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product Type, By End-Users, By Applications, By Type of Expenditure, By Product
Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Companies Covered 3M Company, 3Shape, A-Dec Inc., Align Technology, Bego, Biolase Inc., Carestream Health Inc., Danaher, Dentalez, Dentsply Serona, GC Corporation, IvoclarVivadent, Midmark Corporation, Millennium Dental Technologies, Nakanishi, Nova Instruments, Patterson Companies Inc., Planmeca, Planmeca, Straumann Holdings Ag., Takara Belmont, Ultradent Products, Yoshida Dental
Global Dental Equipment Market Segmentation:
By Product Type: Based on the Product Type, Global Dental Equipment Market is segmented as; Diagnostic Equipments {Extraoral Imaging Systems (3D CBCT Systems, Panoramic and Cephalometric Systems, Panoramic Systems), Intraoral Imaging Systems (Intraoral Cameras, Intraoral Photostimulable Phosphor Systems, Intraoral Sensors, Intraoral X-ray Systems), Dental Imaging Software}, Dental Surgical Devices and Equipments, Hygiene Maintenance Devices (Air Purification and Filters, Hypodermic Needle Incinerator, Other services, Sterilizers), Therapeutic Dental Equipments {Dental Operatory and Treatment Center Equipments (Dental Units, Dental Handpieces, Dental light-curing Equipments, Dental Chairs, Other Dental Operatory and Treatment Center Equipments), Dental Lasers (Soft Tissue Laser, All Tissue Lasers)}.
By End-Users: Based on the End-Users, Global Dental Equipment Market is segmented as; Dental Academic Institutes, Dental Laboratories, Dental Service Organizations, Hospitals and Clinics, Other End Users.
By Applications: Based on the Applications, Global Dental Equipment Market is segmented as; Endodontic, Orthodontic, Periodontic and Prosthodontic.
By Type of Expenditure: Based on the Type of Expenditure, Global Dental Equipment Market is segmented as; Private Expenditure and Public Expenditure.
By Product: Based on the Product, Global Dental Equipment Market is segmented as; Disposables and Instruments/Equipments.
By Region: North America owns the prime share of this market; the major factors of the market's growth in the region are the increasing incidence of chronic illnesses, the growing amount of medicine prescriptions brought on by the region's rapidly aging population, and the expansion of key market participants in the area.