The industry that manufactures and distributes a wide range of instruments and tools that are necessary for dental professionals to identify oral health issues, provide care, and maintain it is referred to as the dental equipment market. Dental chairs, X-ray machines, drills, sterilisation tools, and other instruments used during dental procedures are some of the equipment and tools that fall under this category. In order for dentists and dental clinics to provide their patients with high-quality oral care, the dental equipment market is essential. It includes both the production of these tools and their distribution to dental offices all over the world. The primary goal of the market is to satisfy the rising demand for dental services brought on by the rising incidence of dental issues like cavities, gum disease, and tooth decay. Additionally, there is a rising interest in cosmetic dentistry, which focuses on improving the appearance of teeth through procedures like teeth whitening and dental implants.
Global Dental Equipment Market Driving Factors and Challenges
The Dental Equipment market is being driven by several key factors. Dental disorders and ailments such as tooth decay, gum disease, and oral cancer are on the rise in the global population. This has resulted in a surge in demand for dental equipment and services, propelling the industry forward. The factors driving the growth of the dental equipment market over the forecast period are the increased prevalence of oral health problems, moderately active and changing lifestyles, consumer awareness, and dental tourism. The rising incidence of caries in adults and children, rising research and development activities for the creation of novel technology for dental treatment, and increasing reliance on inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key market players are the major factors expected to propel growth of the global dental equipment market over the forecast period.
While the global dental equipment market is expanding, the industry is also confronting various hurdles. The global dental equipment industry is quite competitive, with numerous low-cost manufacturers present. Established players may find it challenging to compete on price, especially in price-sensitive markets. In many countries, dental equipment is subject to stringent restrictions, notably in terms of safety and quality standards. This can raise the cost and time it takes for businesses to bring new products to market, limiting industry innovation and growth.
Impact of COVID-19 on Global Dental Equipment Market
The COVID-19 outbreak has had a substantial influence on the market for dental equipment. During the pandemic, normal dental treatment was essentially unavailable because many dentist offices had to close because these treatments were considered as optional. The economic and social difficulties caused by care constraints, practice closures, and shortages of personal safety equipment (PPE), as well as the demand to invest in new PPE and technology, represent a threat to the continuous operation and long-term survival of many practices. Despite the fact that many offices and clinics throughout the world are reopening, there are various concerns about the availability of dental services and the safety of dentists.
Dental Equipment Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; 3M Company, 3Shape, A-Dec Inc., Align Technology, Bego, Biolase Inc., Carestream Health Inc., Danaher, Dentalez, Dentsply Serona, GC Corporation, IvoclarVivadent, Midmark Corporation, Millennium Dental Technologies, Nakanishi, Nova Instruments, Patterson Companies Inc., Planmeca, Straumann Holdings Ag., Takara Belmont, Ultradent Products, Yoshida Dental, Others.
Global Dental Equipment Market Segmentation:
By Product Type: Based on the Product Type, Global Dental Equipment Market is segmented as; Dental Surgical Devices and Equipments, Diagnostic Equipments [Dental Imaging Software, Extraoral Imaging Systems (3D CBCT Systems, Panoramic and Cephalometric Systems, Panoramic Systems), Intraoral Imaging Systems (Intraoral Cameras, Intraoral Photostimulable Phosphor Systems, Intraoral Sensors, Intraoral X-ray Systems)], Hygiene Maintenance Devices (Air Purification and Filters, Hypodermic Needle Incinerator, Sterilizers, Other services), Therapeutic Dental Equipments [Dental Lasers (Soft Tissue Laser, All Tissue Lasers), Dental Operatory and Treatment Center Equipments (Dental Chairs, Dental Handpieces, Dental light-curing Equipments, Dental Units, Other Dental Operatory and Treatment Center Equipments)].
By End Users: Based on the End Users, Global Dental Equipment Market is segmented as; Dental Academic Institutes, Dental Laboratories, Dental Service Organizations, Hospitals and Clinics, Other End Users.
By Application: Based on the Application, Global Dental Equipment is segmented as; Endodontic, Orthodontic, Periodontic, Prosthodontic.
By Type of Expenditure: Based on the Type of Expenditure, Global Dental Equipment is segmented as; Private Expenditure, Public Expenditure.
By Product: Based on the Product, Global Dental Equipment is segmented as; Disposables, Instruments/Equipments.
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.