Market Research Future (MRFR) has thoroughly studied the trends and patterns in the Global Dental Sterilization Market and portends the market to expand at a CAGR of 6.90% over the forecast period of 2019-2023.
Global Dental Sterilization Market is expected to exhibit a growth rate of 6.90% over the 2017-2023 forecast period. The dental sterilization market was valued at USD 1.11 billion in 2017 and is expected to rise to USD 1.5 billion by 2023.
Dental sterilization is a necessary and vital procedure that helps keen the tools of dentistry clean and free from harmful pathogens. One of the prime drivers for the global dental sterilization market is the growing prevalence of dental diseases. The rising prevalence of a starch-rich diet has created a population highly prone to decaying and diseased teeth. The growing consumption of fast food is another major culprit in the battle against tooth decay and is likely to further drive the prevalence of dental diseases across the world in the coming years. This is likely to be the major driver for the global dental sterilization market over the forecast period.
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One of the results of the increasing prevalence of dental diseases has been the increasing number of dental care facilities. The profitability of the dentistry field, especially in light of the dietary imbalances of the modern world, has resulted in several new dental care centers opening up in the last few decades. This is likely to continue in the near future, with the number of new dentistry practices showing no signs of slowing down. This is highly conducive to stable growth of the dental sterilization market, as each dental care unit requires its own separate set of dental sterilization kits.
The increasing demand for cosmetic dentistry is also a major driver for the global dental sterilization market. Cosmetic dentistry has come up by leaps and bounds in recent years as a feasible and easy way of improving one’s dental and oral appearance, and is likely to increase in demand over the coming years. This is likely to drive the global dental sterilization market over the forecast period.
Key Companies Profiles:
Key players in the global dental sterilization market include A-Dec, Hu-Friedy, Dentsply Sirona, Danaher, Midmark, Planmeca Group, Matachana Group, W&H, Getinge, Nakanishi, Scican, Tuttnaue, Crosstex, BMT Medical Technology, and Premier Dental.
Segmentation:
The report segments the global dental sterilization market by product, end use, and region.
By product, the global dental sterilization market is segmented into instruments, consumables, and accessories. Of these, the instruments segment is likely to remain the dominant contributor to the global dental sterilization market over the forecast period.
By end use, hospitals are likely to remain the leading segment, remaining a larger contributor to the global dental sterilization market than dental laboratories and others.
Regional Outlook:
Regionally, the report segments the global dental sterilization market into North America, Europe, Asia Pacific (APAC), and Rest of the World. North America is the leading regional market for dental sterilization instrumentation due to the widespread prevalence of dental diseases in the region and the easy availability of advanced dental sterilization equipment. Dental caries is the most common tooth-related disease in the U.S. and affects up to 90% of schoolchildren. This is likely to keep the share of North America in the global dental sterilization market high over the forecast period.
Emerging regions such as APAC are also likely to play a significant role in the development of the global dental sterilization market over the forecast period. Rapid urbanization in developing economies such as China and India has led to growing adoption of a Western diet, which has led to increasing problems regarding dental health. This, allied to the growing number of dental care centers in these countries, is likely to drive the demand for dental sterilization products in APAC over the forecast period.
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