Dental Equipment Market Is Expected To Reach USD 8.45 Billion By 2020: By Grand View Research, Inc.
The global dental
equipment market size is expected to reach USD 8.45 billion by
2020, according to a new report by Grand View Research, inc. Rising geriatric
population led to high prevalence of age related dental disorders, which is
expected to support the industry growth. As a consequence of unhealthy lifestyle
and ignorance of oral hygiene there is high prevalence of teeth and cavities
related disorders which in turn is increasing the demand for dental surgeries.
As per the World Health
Organization (WHO) statistics globally, 60% to 90% of school children and
nearly 100% of adults have cavities. As a result, WHO has undertaken
initiatives pertaining to the promotion of oral disease prevention and hygiene
across the globe. These initiatives have resulted in a rise in the number of
dental diagnostic and therapeutic devices.
North America dental equipment market revenue by product,
2012-2020, (USD Million)
Browse full research report on Dental
Equipment Market
Growth in demand for aesthetic procedures has led to a spur in the
cosmetic dentistry. Furthermore, increasing dental tourism has led to an
increased demand for sophisticated and advanced equipment.
Systems & parts was the largest product segment accounting for USD
2,206.2 million revenue of the overall market in 2013. High usage rates
supported by increasing procedure volumes, is a key factor attributing to the
segment’s growth.
Lasers are expected to grow at a lucrative rate over the forecast period
owing to, high usage and rising demand of dental lasers especially in the field
of cosmetic dentistry. In addition, benefits associated with these lasers
namely accuracy and precision in procedures like removal of the enamel decay
without affecting the gum and bone tissue are expected to boost usage rates.
North America accounted for a substantial market share in 2013 owing to
the growing incidences of oral health problems hence, creating high demand for
dental procedures. Europe dental equipment market accounted for a major share
in 2013. The region’s large share was on account of the growth in demand oral
health related products and increasing patient awareness
Asia Pacific is expected to witness high growth over the forecast period
owing to increased demand due to presences of large patient pool with high
unmet demand. Adoption of innovative instruments and techniques is expected to
propel growth in this region. Furthermore, improving healthcare infrastructure
as a result of favorable government initiatives is likely to introduce an
amicable business environment to the region.
Key players of this market include Danaher Corporation, Planmeca Oy,
A-Dec Inc., Sirona Dental Systems, Carestream Health and Dentsply
international, 3M ESPE and Biolase.
For more information: http://www.grandviewresearch.com
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