Dental Equipment Market
Dental Equipment Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Type Dental Radiology Equipment, Dental Lasers, Systems & Parts, Laboratory Machines, Hygiene Maintenance Devices, Other Equipment
- By End User Hospitals and Clinics, Research and Academic Institutes, Other End Users
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 7.3 Billion |
Revenue 2030: | USD 12.4 Billion |
Revenue CAGR (2023 - 2030): | 6.85% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North América |
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The global Dental Equipment Market is valued at USD 7.3 Billion in 2022 and is projected to reach a value of USD 12.4 Billion by 2030 at a CAGR (Compound Annual Growth Rate) of 6.85% between 2023 and 2030.
Premium Insights
The global Dental Equipment market is experiencing a robust surge, driven by an escalating prevalence of dental diseases and a burgeoning demand for advanced cosmetic dentistry procedures. The market's growth is further propelled by technological advancements in imaging technologies like radiology, which have improved diagnostic precision. Rising consumer awareness and an increasing number of dental laboratories embracing cutting-edge CAD/CAM technologies also contribute to the market's upward trajectory. However, challenges persist, including the high cost of imaging systems and the absence of reimbursement for dental procedures, which pose barriers to market expansion.
Dental Equipment Market Size, 2022 To 2030 (USD Billion)
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- The escalating prevalence of dental diseases and a burgeoning demand for advanced cosmetic dentistry procedures will bolster market growth.
- The North American region is expected to dominate the market during the forecast period, with a revenue share of 41.5% in 2022.
- By Product Type, the Systems and Parts segment dominated the largest market share globally from 2023 to 2030.
- By End User, the Hospitals and Clinics will hold the largest share globally in 2022 due to the growing number of dental procedures performed in hospitals and clinics.
- The Asia Pacific region is poised for remarkable growth, displaying a noteworthy Compound Annual Growth Rate (CAGR) between 2023 and 2030.
Top Market Trends
- Technological Advancements: The industry is witnessing a shift towards more sophisticated and precise Dental Equipment, such as cone beam CT scanners and surgical microscopes, aiding dentists in accurate diagnoses and treatments.
- Rising Demand for Cosmetic Dentistry: A surge in demand for cosmetic procedures, including dental lasers and implants, is observed globally, driven by increased purchasing power and a growing focus on aesthetic enhancements.
- Ergonomics and User-Friendliness: There's a notable emphasis on improving equipment ergonomics, aiming to reduce physical strain on dental professionals and enhance the overall patient experience.
- Government Initiatives: Government-led programs aimed at promoting oral health, like India's National Oral Health Program, are fueling the adoption of Dental Equipment and consumables.
- Precision Dentistry: Advancements in precision dentistry, leveraging genomics and digital technology, are reshaping treatment approaches, offering personalized care with improved outcomes.
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Economic Insights
The Dental Equipment market is witnessing substantial growth prospects globally, attributed to factors like increased government spending on dental care, higher disposable incomes, and wider access to education and health insurance. The trend towards discretionary spending in dental procedures, especially in elective services like teeth whitening and implants, is fostering market growth. Additionally, technological advancements, such as 3D printing for dental solutions, are creating new avenues for innovation and market expansion.
Market Segmentation
The Global Dental Equipment Market is segregated into the segments as mentioned below:
The global Dental Equipment market can be categorized into Product Type , End User , Region. The Dental Equipment market can be categorized into Dental Radiology Equipment, Dental Lasers, Systems & Parts, Laboratory Machines, Hygiene Maintenance Devices, Other Equipment based on Product Type . The Dental Equipment market can be categorized into Hospitals and Clinics, Research and Academic Institutes, Other End Users based on End User . The Dental Equipment market can be categorized into North America, Europe, Asia Pacific, Latin America, Middle East & Africa based on Region.
Based on Product Type
Systems & Parts Expected to Lead Maximum Market Share Owing to Increasing Demand for Technologically Advanced Dental Equipment
In 2022, the Systems and Parts segment dominated the market. The dominance of this segment can be attributed to the increasing demand for advanced Dental Equipment that offers greater efficiency, precision, and patient comfort. CAD/CAM systems, for instance, enable dentists to create digital dental restorations, eliminating the need for traditional impressions and resulting in faster treatment times. Imaging systems provide detailed images of the oral cavity, aiding in accurate diagnosis and treatment planning. The growing awareness regarding oral health, technological advancements, and the emphasis on preventive dental care are driving the demand for systems & parts in the Dental Equipment market.
Based on the Distribution Channel
Hospitals and Clinics Segment Expected to Dominate Market Owing to Growing Number of Dental Procedures Performed in Hospitals and Clinics
Hospitals and Clinics segment is expected to experience the greatest market growth during the forecast period. Hospitals and clinics have been investing significantly in the procurement of advanced Dental Equipment, to enhance patient care and treatment outcomes. Hospitals and clinics are often equipped with a wide range of dental specialties, which further boosts their utilization of Dental Equipment. With the continuous emphasis on patient safety and infection control measures, these establishments are also increasingly adopting advanced sterilization and cleaning equipment, contributing to the dominant market position of hospitals and clinics end-user segment in the Dental Equipment market.
Based on Region
Asia Pacific to Dominate Global Sales Owing to Increasing Demand from End-use Industries
With a 41.5% revenue share in 2022, North America leads the global Dental Equipment market. Factors such as a growing elderly population, established reimbursement rules, a robust medical infrastructure, and the presence of key market players drive market growth. Recent product launches, a high concentration of manufacturers, and strategic partnerships contribute to the region's dominance.
The Asia Pacific region emerges as the fastest-growing market for Dental Equipment, driven by favorable government policies, a rising aging population, and an escalating demand for dental procedures. India is witnessing significant growth, buoyed by factors like growing healthcare awareness, increased healthcare expenditure, and investor-friendly government policies. The region's emphasis on precision dentistry and the adoption of advanced technologies like dental lasers indicate substantial market potential.
Competitive Landscape
The Dental Equipment market exhibits a fragmented landscape with numerous global and regional players. Key market contenders, including 3M, Dentsply Sirona, and others, are employing strategies like product launches to maintain a competitive edge. The industry is witnessing a drive towards compliance with evolving regulatory frameworks, such as the EU's Medical Device Regulation (MDR), while simultaneously focusing on enhancing product offerings and customer service.
The key players in the global Dental Equipment market include - BIEN-AIR DENTAL (Switzerland), Midmark Corporation (U.S.), Takara Belmont Corporation (Japan), Ultradent Products Inc. (U.S.), Planmeca Group Ivoclar (Finland), Vivadent AG (Liechtenstein), Nova Instruments (Israel), J. MORITA Corporation Nakanishi Inc. (Japan), Millennium Dental Technologies (U.S.) among others.
Recent Market Developments
- In June 2023, A-dec introduced a new dental chair and transport system that is digitally connected, representing a major advancement in dental technology. The A-dec 300 Pro and A-dec 500 Pro delivery systems are now available in the North American markets.
- Planmeca's integrated digital workflow solutions, launched in March 2023, across dental units, imaging devices, CAD/CAM, and software, signify a significant leap in dental technology.
Segmentation of the Global Dental Equipment Market
Parameter | Details |
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Segments Covered |
By Product Type
By End User
By Region
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Regions & Countries Covered |
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Companies Covered |
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Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
FAQ
Frequently Asked Question
What is the global demand for Dental Equipment in terms of revenue?
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The global Dental Equipment valued at USD 7.3 Billion in 2022 and is expected to reach USD 12.4 Billion in 2030 growing at a CAGR of 6.85%.
Which are the prominent players in the market?
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The prominent players in the market are BIEN-AIR DENTAL (Switzerland), Midmark Corporation (U.S.), Takara Belmont Corporation (Japan), Ultradent Products Inc. (U.S.), Planmeca Group Ivoclar (Finland), Vivadent AG (Liechtenstein), Nova Instruments (Israel), J. MORITA Corporation Nakanishi Inc. (Japan), Millennium Dental Technologies (U.S.).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.85% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Dental Equipment include
Which region accounted for the largest share in the market?
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North América was the leading regional segment of the Dental Equipment in 2022.