Dental Equipment Market
Dental Equipment Market Overview:
Dental equipment market is anticipated to record 6.0 percent CAGR during the forecast period from 2019 to 2024. Market growth factors are the growing ageing population, rising demand for cosmetic dentistry, rising prevalence of dental illnesses, and innovation in dental products. Due to the growing aging population, the amount of dental implants and oral surgery has increased. Additionally, there is a reduction in manual dexterity and an increase in co-morbidity and oral cavity-influencing drugs. In older care facilities, dental care is discovered to be poor, and access to dental specialists is hard. There are several other risk factors, such as smoking, bad oral hygiene, diabetes, medicine, and hereditary conditions, also linked to increased dental illnesses. There are many population-based surveys in the U.S. and Germany that show elevated dental caries in the elderly population. Thus, it is discovered that the proportion of elderly individuals is rising quickly in all industrialized countries and thus contributing to the market for dental equipment.
Global Dental Equipment Market Scope of the Report:
Tools used by dental experts to provide dental treatment. They include instruments to examine, manipulate, treat, restore and remove teeth and oral surroundings. Standard instruments are used to examine, restore, extract and manipulate teeth.
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Global Dental Equipment Market Key trends: –
Prosthodontic equipment should have the highest market share in the treatment segment:
In market therapy segment, prosthodontic equipment is expected to have the biggest market share in the forecast period. Because prosthodontic dentistry has countless instruments used for dental corrections, prothodontic equipment is widely used. Due to the growing amount of individuals growing older, there is an growing demand for dental prostheses throughout the developing and developed nations. Another factor that increases the development of prosthodontic facilities is growing attention provided to the appearance by individuals, making them compulsive in case of dental problems that require one. Due to the above variables, the prosthodontic dental equipment market segment is anticipated to develop.
North America Dominates the Market and is Expected to Follow the Same Trend over the Forecast Period:
North America accounted for the largest market share owing to variables such as broad recognition of technological advances in dental equipment such as lasers, intraoral cameras, digital radiography and CAD / CAM technologies, and ongoing favourable demographic trends and increased awareness of the significance of oral hygiene to general health. Europe follows North America strongly. Asian nations like India, China, South Korea, Malaysia, Thailand, and Singapore are likely to provide a growing market owing to rising per capita revenue and emerging economies.
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Global Dental Equipment Market Competitive Landscape:
The dental equipment industry is fairly competitive. 3M, Carestream Health Inc., Danaher Corporation, Dentsply Sirona and GC Corporation are main market players. The market also enjoys the existence of few smaller businesses holding significant market share.
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