As per the Report by Market Research Future (MRFR), the Global Dental Sterilization Market is Expected to Grow at a CAGR of 6.90% by 2023. The Global Dental Sterilization Market comprises of the following segments: products and end-users.
Dental Sterilization is a highly crucial part of maintaining the tools and techniques related to dentistry. As per the latest published report by Market Research Future (MRFR), the global dental sterilization market is expected to grow at a CAGR of 6.90% during the forecast period of 2017 to 2023. The market valuation is expected to jump from USD 1.11 billion back in 2017 to USD 1.5 billion by the end of the forecast period.
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.
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.
The global dental sterilization market comprises of the following segments: products and end-users.
By product type, the market includes consumables, instruments, and accessories. Among these, the instruments segment is most likely to maintain its dominance over others in terms of market share contribution during the forecast period.
By end-user, the market divides into dental laboratories and hospitals. The hospitals segment is most likely to remain the largest contributor of the two during the forecast period.
The geographical segmentation of the global dental sterilization market covers the following regions, Europe, Asia Pacific, North America, and the Rest of the World.
North America leads the chart with the highest market share percentage in the global dental sterilization market. This is primarily due to the widespread prevalence of dental-based diseases in the region and ease of availability concerning the use of advanced dental sterilization equipment. Dental caries is one of the most common requirement in dental hygiene, especially in the US, and affects close to 90% of the school-going children. All these factors are poised to make the North American market maintain its topmost standings over the forecast period.
The Asia Pacific region is considered to be an emerging region in the global landscape, however, it plays a major role in the overall development of the market. Herein, fast-paced urbanization in developing countries like India and China has incepted the adoption of Western-like diet system. This has posed to be an increasing problem for the dental health of consumers residing in the Asia Pacific region. Alongside this, the growing number of dental care centers and clinics across these countries is increasingly likely to drive the demand for the global dental sterilization market in the Asia Pacific region during the forecast period.
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