Global Dental Equipment Market, by Product Type (Dental Radiology Equipment (Intra- Oral and Extra-Oral), Dental Lasers (Diode Lasers, Carbon Dioxide Lasers, and Yttrium Aluminum Garnet Lasers), System & Parts, Laboratory Machines, Hygiene Maintenance Devices, and Other Equipment), by End-User (Hospital, Dental Clinics, and Dental Laboratories), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 9,134.1 million in 2022 and expected to exhibit a CAGR of 4.9% over the forecast period (2022-2030), as highlighted in the new report published by Coherent Market Insights
Key players operating in the market are focusing on receiving product approvals from regulatory authorities and this is expected to drive the market growth over the forecast period.
For instance, in October 2021, Ortek announced the widespread availability of its ECD device, which helps dental professional for the early detection of cavities that are sometime not picked by the X-rays. Moreover, Ortek-ECD is electronic early cavity detection system that has been cleared by the Food and Drug Administration (FDA).
Moreover, in September 2021, Athlos Oy received 510(k) acceptance for DC-Air, a new generation of intraoral X-ray imaging sensors.
Global Dental Equipment Market – Impact of Coronavirus (COVID-19) Pandemic
The total dentistry market has undergone an acute short term decline as the COVID-19 pandemic forced dental practices worldwide to close during the lockdown, the supply chain of vendors also got disrupted by supplier capacity constraints and decreased availability of key raw materials due to COVID-19.
For instance, according to American Dental Association, till April 2020, 3/4th of dental practices in the U.S accepted only emergency patients, and 18% of practices were fully closed. As a result most dentist in the U.S reported their collection to be less than 5% of the average collection.
Browse 27 Market Data Tables and 33 Figures spread through 180 Pages and in-depth TOC on “Dental Equipment Market”- Global Forecast to 2030, by Product Type (Dental Radiology Equipment (Intra-Oral and Extra-Oral), Dental Lasers (Diode Lasers, Carbon Dioxide Lasers, and Yttrium Aluminum Garnet Lasers), System & Parts, Laboratory Machines, Hygiene Maintenance Devices, and Other Equipment), by End-User (Hospital, Dental Clinics, and Dental Laboratories), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in the global dental equipment market, click the link below:
https://www.coherentmarketinsights.com/market-insight/dental-equipment-market-85
Key players operating in the market are focusing on adoption of inorganic growth strategies such as mergers, collaborations, partnerships, and acquisitions, in order to strengthen their position in the global market. For instance, in December 2021, Envista Holdings Corporation entered into definitive agreement to acquire Carestream Dental Intra-Oral Scanner (IOS) business for US$ 600 million. Moreover, the transaction is subject to customary regulatory approvals and expected to close in Q2 2022.
Key Takeaways of the Global Dental Equipment Market:
- The global dental equipment market is expected to exhibit a CAGR of 4.9% over the forecast period, owing to rising launches and regulatory approvals of products, and companies receiving patent for their products. For instance, DenMat Holdings, LLC, received a patent for a caries resistant composite material. Patent no. US 11,141,355 B2 was issued on October 2021. Moreover, the new patent allows for the creation of disruptive platform that can be applied to virtually any restorative material where strength, esthetics, and long term clinical success are important.
- Among product type, dental system and parts segment is expected to account for largest market share during the forecast period.
- Key players operating in the global dental equipment market include Planmeca Group, Align Technology, A-dec Inc., J. MORITA CORP., Envista Holdings, GC Corporation, Midmark Corporation, Straumann Holdings AG, 3M Company, BIOLASE, Inc., BEGO GmbH & Co. Kg, Ultradent Products, Inc., 3Shape A/S, Yoshida Dental MFG. Co., Ltd., Nakanishi Inc., DentalEZ, Inc., Carestream Dental LLC., Takara Belmont Corporation, Nova Instruments, NewTom, Millennium Dental Technologies, Inc., PreXion, Inc., Brasseler USA, Ivoclar Vivadent AG, AMD LASERS, DENTSPLY Sirona, Aseptico, and BIEN-AIR DENTAL
