Dental Equipment Market Poised for Remarkable Growth at a CAGR of 7.1%, Expected to Reach USD 11.59 Billion by 2030
Increasing prevalence of dental disorders is a key factor driving market revenue growth
VANCOUVER, BRITISH COLUMBIA, CANADA, June 15, 2023/EINPresswire.com/ -- The Latest research study released by Emergen Research on "Dental Equipment Market" with 150+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that leads the market growth.
The global dental equipment market size was USD 6.20 Billion in 2021 and is expected to register a rapid revenue CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of dental disorders is a key factor driving market revenue growth. According to the Centers for Disease Control and Prevention (CDC), untreated dental decay affects over one-quarter (26%) of individuals in the U.S. Gum disease affects over half (46%) of all persons aged 30 and above, while severe gum disease affects roughly 9% of adults. Oral cancers are more frequent in older persons, particularly those over the age of 55 who smoke and drink heavily.
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In addition, rising medical tourism is another key factor driving market revenue growth. Dental tourism provides an effective mechanism for persons travelling overseas for treatment to receive inexpensive and accessible dental care, including dental operations such as surgery and aesthetic dentistry treatments. Dental Equipment Market, By Product (General and Diagnostics Equipment, Dental Consumables, and Others), By Treatment (Orthodontic, Endodontic, Periodontics, and Prosthodontic), By End-Use, and By Region Forecast to 2030.
Key Players Included in this report are:
3M Company, Danaher Corporation, GC Corporation, Dentsply Sirona Inc., Henry Schein, Inc., Institut Straumann AG, Carestream Health, Patterson Companies, Inc., Planmeca OY, and Bien-Air Medical Technologies
What can be explored with the Dental Equipment Market Study?
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Dental Equipment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Dental Equipment Market
Understand the Competitive Scenarios
Track Right Markets
Identify the Right Verticals
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Some Key Highlights From the Report
The general and diagnostics equipment segment accounted for a significant revenue share in 2021. Diagnostic equipment used in modern dentistry is a combination of computerized systems, specific tests, suggestive materials, and lighting. Dental problems including tooth decay, oral candidiasis, and xerostomia are common in elderly patients, which is driving revenue growth of this segment.
The prosthodontic segment accounted for a significant revenue share in 2021. Individuals rising demand for aesthetic appearance has compelled them to use prostheses and technical breakthroughs and product releases have also driven revenue growth of this segment.
In June 2022, Ivoclar, one of the world's leading producers of integrated solutions for high-quality dental applications with a diverse array of products and systems for dentists and dental technicians, introduced VivaScan, another dental market innovation.
Market Segmentation Analysis
Players can concentrate on high-growth regions and, if necessary, modify their business plan according to the research report. The Dental Equipment Market is divided into a variety of categories, uses, and geographical areas. Players gain from the report's regional segmentation research since it offers pertinent data and insights into important geographic marketplaces.
Product Outlook (Revenue, USD Billion; 2019-2030)
General and Diagnostics Equipment
Dental Consumables
Others
Treatment Outlook (Revenue, USD Billion; 2019-2030)
Orthodontic
Endodontic
Periodontics
Prosthodontic
COVID-19 Impact Analysis
The post-COVID-19 phase has undergone substantial change, and Dental Equipment Market research highlights the opportunities and difficulties that still exist. This study report thoroughly examines the effects of the COVID-19 pandemic on the global economy and post-pandemic market behaviour.
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Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics.
SECONDARY RESEARCH MODEL
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources, annual report of companies, SEC filings, government press release, pricing databases and many more.
PRIMARY RESEARCH MODEL
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts. Discussions with the subject matter experts were conducted to obtain quantitative and qualitative information and validate our market research findings.
Regional Outlook
We carefully examined each division, regional classification, national study, and subject-specific data set during the market research. This Dental Equipment Market research report's goal is to look at growth patterns, promising futures, important obstacles, and expected results. Information on significant market participants, strategic alliances, plans, new product launches, and joint ventures are all included in the research.
Key Reasons to Purchase Dental Equipment Market Report
The reader will be in a position to comprehend and react to marketing strategies like using strengths and conducting a SWOT analysis.
The research looks into the dynamics of the target market and how the conflict between Russia and Ukraine has affected it.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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