Dental Equipment Market Overview:
Technological innovation and implementation have scored well for dental industry and North America acts as the core for such research & developments. The North America dental equipment market is touted to reach USD 5,107.2 million by 2023 with a CAGR value of 6.23% during the forecast period (2017-2023), claims Market Research Future (MRFR) in a holistic report on the same.
Growth of this North America dental equipment market can be attributed to better infrastructure that diagnose problems at an early stage and provides cure accordingly. On the flip side, the North America dental equipment market can get bogged down by poor reimbursement policies.
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Dental Equipment Market Insight:
Major companies rely on strategies that include new product launch, merger, collaboration, acquisition, and other methods to take the North American dental equipment market forward. For instance, Institut Straumann AG acquired 30% stake from their biomaterials partner Botiss medical AG. Dentsply Sirona recently took over OraMetrix with an aim to improve their technological setup which can surely propel the North America dental equipment market.
Some of the major players in this North American dental equipment market are
- Patterson Dental (US)
- Henry Schein (US)
- Dentsply Sirona (US)
- 3M (US)
- Straumann (Switzerland)
- Danaher Corporation (Switzerland)
- PLANMECA OY (Finland)
- Carestream Health Inc.
- and Biolase Inc.
Dental Equipment Market Segmentation:
The North American dental equipment market can be segmented by products, applications and end-user.
Product-wise, the North American dental equipment market is segmented into
- Dental Radiology Equipment-
- Intra-Oral X-Rays
- Extra-Oral X-Rays
- 2d Imaging
- CBCT
- And Others
- Dental Sensor
- Dental X-Ray Sensors
- Phosphor Plate Sensors.
- Dental Hand Pieces
- Electric
- Hybrid
- And Air Driven
- CAD/CAM
- Software
- And Equipment
- Dental Chairs
- Electric
- And Hydraulic
- Dental Lasers
- Lasers for Soft Tissue
- And Lasers for Hard Tissue
- Casting Machines
- Injection Casting Machine
- Vacuum Casting Machine
- And Centrifugal Casting Machine.
- and others.
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Based on application, the North American dental equipment market is segmented into examining the mouth and teeth, scaling or professional cleaning of teeth, cavity removal, placing and condensing filling materials, carving and finishing dental fillings, and others.
Based on the end-user, the North American dental equipment market is divided into hospital, dental clinics, dental laboratories, and others.
Dental Equipment Market Regional Analysis:
The North American dental equipment market has the U.S. in forefront where people have invested substantially in the healthcare sector and gaining much from it. Almost 77.4% of the regional market share can be attributed to the U.S.
The region always embraces new products and research & development flourishes owing to this. Major international companies are based out of this region which gives the region leverage to profit more. Insurance companies are working round-the-clock promoting healthy living.
The budget for health care in the U.S. holds 16% of the total GDP which can be taken as a signifier for the increasing sale of the dental equipment market. Canada is also contributing considerably in the North American dental equipment market growth.
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Key Findings:
- Dental radiology equipment segment accounted for the largest market share of 32.6% in 2016. This market is expected to reach USD 1,577.7 million by 2023
- Dental Sensor segment is expected to be the second largest market which is expected to grow at a CAGR of 6.45% during the forecast period 2017-2023
- On the basis of region, U.S. accounted for the largest market share of 77.4% in the North America dental equipment’s market
- The North America dental equipment’s market is expected to reach USD 5,107.2 million by 2023
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