The dental equipment market will grow quickly at a 7.7% CAGR

Dental equipment is a tool that dentists use to identify and address dental issues in patients. Tools for inspecting, restoring, and removing teeth, as well as other oral structures, are included in dental equipment. During dental examinations, tissues are manipulated with the aid of examining tools to improve visual access. Probes and dental mirrors are examination tools utilized. Dental hatchers, dental chisels, and spoon excavators are examples of dental restorative tools.

 

The dental equipment market in 2021 was USD 6.13 billion, and by 2030 it will reach USD 11.96 billion, expanding at a 7.7% CAGR during the forecast period.

 

The market is expanding primarily as a result of the rising prevalence of dental problems, expanding elderly population, and falling medical and social obstacles to dental equipment. For instance, approximately 3.5 billion individuals worldwide are affected by oral disorders, with dental caries being the most prevalent disease, according to a study by the World Health Organization (WHO). Additionally, the market expansion is driven by the penetration of numerous important players with cutting-edge dental equipment.

 

Market Dynamics

 

Drivers

 

An increasing rate of dental disease and a growth in demand for cosmetic dentistry primarily drive the dental equipment market. The dental equipment market is driven by the increased prevalence of oral health problems, moderately active and changing lifestyles, consumer awareness, and dental tourism. An increasing number of dental laboratories are investing in CAD and CAM technologies, which will create new chances for expanding the dental equipment industry. 

 

Restraints

 

Dental radiology tools and imaging systems enable dentists to assess patients' dental issues precisely. When compared to other types of conventional dental tools, this equipment is expensive. Costs for the digital x-ray range between $11,000 and $15,000. The cost of the wired sensor system ranges from $20,000 to $50,000. Not everyone can afford to purchase this pricey equipment. As a result, the high price of dental equipment will prevent the market for dental equipment from expanding.

 

Opportunity 

 

Because dental procedures in places like North America and Europe are so expensive, emerging economies like India, China, Latin America, and the Middle East can profit from dental tourism. According to a Brandon Green study, more than 400,000 Americans decided to receive dental care abroad. This demonstrates how the adoption of dental care has grown in wealthy countries.

 

Market Segmentation

 

By Product

 

On the basis of product, the market is segmented into laboratory machines, dental systems and parts, dental lasers, dental radiology equipment, and hygiene maintenance devices. 

 

In 2022, the dental systems and part segment held a maximum position in the market, with a revenue share of nearly 39.1%. For a dental procedure to be effective, these systems and components operation and performance are crucial. The technical developments and intense R&D efforts made by key companies to provide practitioner-friendly and highly effective equipment to facilitate seamless processes are the main drivers for this market. Due to its increasing adoption in surgical and teeth-whitening operations, the dental lasers market segment will grow rapidly.

 

By End-User

 

On the basis of end-user, the dental equipment market is segmented into dental academic & research institutes, hospitals & clinics, and others.

 

In 2020, the hospital and clinics segment was the rapidly growing market segment. According to the Indian Dental Foundation, there are approximately 297 dental schools, and 1,80,000 dentists, 90% of whom work in hospitals and clinics in big cities, and they serve a population of over 1 billion people. This is because there is greater availability of modern, digitally upgraded equipment and a rise in dental clinics and hospitals, all of which contribute to this market's overall expansion.

 

Regional Analysis

 

North America held a maximum position in the regional market, with a share of more than 38.35% in 2022. This is due to an increasing elderly population, a robust healthcare system, set reimbursement guidelines, the presence of important players, and improvements in restorative and preventive dental procedures. Additionally, 85% of Americans, according to the American Dental Association, believe that oral health is a crucial component of overall care and is highly important for maintaining good dental health. North America will be the most promising regional market over the forecast period.

 

Asia Pacific will experience the highest CAGR. China, Japan, and India are developing nations with advanced medical infrastructure and facilities concentrating more on R&D activities. They have the necessary funding and infrastructure to carry out these activities. Asia will account for 43.6% of all expenditures, with China, Japan, and India leading the way in R&D expenditures.

 

Key Players

 

• Planmeca Group 
• DENTSPLY Sirona 
• A-dec Inc.
• GC Corporation 
• Envista Holdings
• MORITA CORP. 
• Midmark Corporation
• Straumann Holdings AG 
• BIOLASE, Inc. 
• b&d dental equipment liquidators
• BEGO GmbH & Co. Kg 
• Nakanishi Inc. 
• 3M Company
• 3Shape A/S
• Ultradent Products, Inc. 

 

 

The dental equipment market in 2021 was USD 6.13 billion, and by 2030 it will reach USD 11.96 billion, expanding at a 7.7% CAGR during the forecast period. The market is driven by factors like the rising senior population suffering from oral disorders, changing medical tourism related to dental treatment, and the introduction of several government efforts for public oral health care.

 

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