One of the key challenges that is negatively impacting the growth of the global dental simulator industry is the high costs associated with advanced dental simulators. While dental simulators have immense benefits for dental education and training, the heavy price tags of high-end dental simulators make it difficult for educational and training institutions in cost-sensitive markets to invest in such simulators. Advanced dental simulators equipped with haptic feedback technology and features like augmented/virtual reality can cost anywhere between US$ 50,000 to US$ 150,000.
Global Dental Simulator Market Opportunity - Growing dental tourism in emerging markets
One of the major opportunities for players in the global dental simulator market is the growing dental tourism industry in emerging markets. Ever-increasing medical tourism in countries such as India, Thailand, Mexico, and Hungary is positively impacting the demand for advanced dental education and practical training institutes in these markets. To cater to the foreign patients arriving for dental treatments, these countries are focusing on developing world-class dental education and certification programs that can train local dentists and technicians to international standards.
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