Dental Equipment Market Scope
In the course of the COVID-19 crisis and the threatening economic recession, the dental surgical equipment market 2020 globally will expand by a projected USD 9,280.3 million in 2025, during the analysis period 2019 to 2025, driven by a compounded annual growth rate (CAGR) of ~5.20%. Market Research Future has conducted the analysis keeping COVID-19 impact on the dentistry industry through an in-depth study. The study revealed that the dental surgical equipment market had witnessed an immense revenue collection of USD 8,236 million in 2018.
Dental Surgical Equipment Market—Boomers & Trends
COVID-19 has had a disturbing impact on the dental industry, which affected the dental equipment market in the same frequency, and with the pandemic still on the growth curve, it has become difficult to establish the extent and sternness of its long-term impact. The professional future of dental practitioners and the sustenance of practices is a serious concern. Yet through digital platforms, the dental equipment market witnessed a considerable gain with some stable revenue globally, which is a positive factor running the dental equipment market.
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Factors that have been responsible for the growth of the market are the growing aging population, rising incidence of dental diseases, escalating demand for cosmetic dentistry, and innovation in dental products. Owing to the rising aging population, there has been a considerable surge in the number of dental implants and oral surgeries performed. This factor has been considered as a critical factor behind the growth of the market that would continue to the analysis timeframe.
Besides, there is a decline in manual dexterity and a surge in co‐morbidity and medications affecting the oral cavity. Hence, dental care in aged care facilities can be low, and access to dental professionals is difficult. Apart from this, several other risk factors are also present, such as poor oral hygiene, smoking, medication, diabetes, and hereditary conditions, which are also connected to augmenting dental diseases. In fact, many population-based surveys in the United States and Germany demonstrate an elevated dental caries experience among the elderly population. Thus, it has been found that the number of older people is rising rapidly in all industrialized countries and, thus, contributing to the rise in the dental equipment market.
On the flip side, some factors are restraining the global dental equipment market growth. This is attributed to practicing in the dentistry industry. It has become a challenge as most practices, including dental colleges and teaching institutions, are not compatible with government norms and regulations on COVID-19. The doctors are staying careful when it comes to using dental equipment for treatment in this pandemic, as even a small slip in following protocols and taking precautions can be costly. With the majority of the practices in some countries are failing to adhere to strict hygiene protocol, sanitization and sterilization of dental equipment at clinics are widely absent, further increasing the risks in performing emergency dental procedures. Owing to this, the market could witness sluggish growth during the entire year.
Dental Equipment Market Segment Review
The global dental equipment market size is further studied among the segments of product, treatment, and end-user.
The market by the segment of the product has included dental lasers, hygiene maintenance devices, dental radiology equipment, laboratory machines, systems & parts, and others. Among these, the dental radiology equipment is segmented into intra-oral and extra-oral. The dental lasers are segmented into diode lasers and carbon dioxide lasers.
The market, by the segment of treatment, has included endodontics, orthodontics, periodontics, and prosthodontic. The prosthodontic sub-segment is leading in terms of value and is predicted to accomplish more revenue in the market. This owes to the rising geriatric population, surged concern in terms of appearance that requires prosthesis in dental cases. For instance, the World Health Organization (WHO) claimed in February 2018 that between the years 2015–2050, the geriatric population might reach double from 12% to 22%.
The market by the segment of end-user has included dental laboratories, hospitals & clinics, and others. Among these, the hospital segment is a prevalent end-user of dental equipment. It is anticipated to grab a significant market share in the market due to a rise in the number of hospitals, where the majority of dental procedures have been performed in hospitals as compared to dental laboratories.
Dental Equipment Market Regional Aspect
From the new emerging geographic scenario, the United States is forecasted to foster at a 2.9% CAGR. In Europe, the Coronavirus is the worst hit, and Germany will add beyond US$50.7 Million to the existing size in the next seven to eight years. Besides, beyond US$49.5 Million worth of projected demand in the region will come from the Rest of European markets. In Japan, the Digital X-Ray Systems segment will reach a market size of US$115.2 Million. Amid the growing push for economic distancing, the changing relationship between China and the rest of the world have influence competition and opportunities in the Dental Surgical Equipment market. Thus, continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses for leaders seeking to find success in the now changing Dental Surgical Equipment market landscape.
Dental Equipment Market Vendors Landscape
The competing vendors identified in this market include Henry Schein, Inc., Dentsply International, Inc., Biolase Inc., Patterson Companies Inc., A-dec Inc., 3M, and Bien-Air Medical Technologies.
Table Of Contents:
Chapter 1. Executive Summary
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
LIST OF TABLES
Table 1 Global Dental Equipment Market Synopsis, 2019–2025
Table 2 Global Dental Equipment Market Estimates And Forecast, 2019–2025 (USD Million)
Table 3 Global Dental Equipment Market, By Product, 2019–2025 (USD Million)
Table 4 Global Dental Equipment Market, By Treatment, 2019–2025 (USD Million)
Table 5 Global Dental Equipment Market, By End User, 2019–2025 (USD Million)
Table 6 Global Dental Equipment Market, By Region, 2019–2025 (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Market Structure For Global Dental Equipment Market
Figure 3 Market Dynamics For Global Dental Equipment Market
Figure 4 Global Dental Equipment Market Share, By Product, 2018 (%)
Figure 5 Global Dental Equipment Market Share, By Product, 2018 (USD Million)
Figure 6 Global Dental Equipment Market Share, By Treatment, 2018 (%)
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