Dental Equipment Market - Rising Incidence of Dental Caries Boosts Global Growth


Posted April 11, 2017 by mmvaidya01

The dental equipment market witnessed healthy growth during the last decade and is expected to register CAGR of 4.9% between 2016 and 2021, to reach USD 7.52 Billion by 2021.

 
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Major Market Players:

The major players in the global dental equipment market include A-dec Inc. (U.S.), AMD LASERS (U.S.), Biolase, Inc. (U.S.), Carestream Health, Inc. (U.S.), Danaher Corporation (U.S.), Ivoclar Vivadent AG (Liechtenstein), Dentsply Sirona (U.S.), Midmark Corporation (U.S.), Planmeca OY (Finland), and 3M (U.S.). Amidst the intense market competition, major players are constantly focusing on achieving higher market shares through expansions, new product launches, and partnerships.

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Geographical Analysis:

In 2015, Europe dominated the dental equipment market followed by North America. The growth in geriatric population; growing government expenditure on oral healthcare; and high reimbursement rate in Germany, Sweden, and the Netherlands are driving the demand for dental equipment in Europe.

The Asia-Pacific (APAC) region is expected to witness the highest growth during the forecast period primarily due to the flourishing healthcare market and growing dental tourism.

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Market Dynamics:

The dental equipment market is expected to witness significant growth in the coming years owing to factors such as the rapid growth in geriatric population, rising incidence of dental caries and other periodontal diseases, and technological advancements.

The increasing dental tourism and growing demand for cosmetic industry are other major factors driving the growth of the dental equipment market. Favorable government policies in emerging markets provide significant growth opportunities for international players to expand their presence in these regions.

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Issued By Makarand Vaidya
Country United States
Categories Medical , Research , Science
Tags dental equipment , dental equipment market , dental equipments market , dental equipmentsf , global dental equipment market , global dental equipments market
Last Updated April 11, 2017