USD 8.10 billion
Dental Equipment Market Size, Share, Growth Analysis, By Product (Therapeutic Dental Equipment, Dignostic Dental Equipment), By End User (Dental Hospitals and Clinics, Dental Academic & Research Institutes), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2635 |
Region:
Global |
Published Date: September, 2024
Pages:
165
|Tables:
65
|Figures:
81
Dental Equipment Market Insights
Dental Equipment Market size was valued at USD 6.4 billion in 2022 and is poised to grow from USD 6.79 billion in 2023 to USD 10.90 billion by 2031, growing at a CAGR of 6.10% during the forecast period (2024-2031).
The major growth factors are dental issues continually on the rise, an aging population, and lowering medical & public acceptability barriers for the dental devices. For instance, dental caries is one of the most recurrent oral diseases. According to a research report published by the World Health Organization (WHO), nearly 3.5 billion people suffer from dental caries. In addition, market entry by several major competitors with the latest dental equipment boosts the growth of the industry over the projection period. The market is expected to rise with the increased usage of various advanced devices such as dental lasers, digital dentistry apparatus, and dental cone beam computed tomography (CBCT). As an instance, Summus Medical Laser, the leading company for high power laser treatment products, announced the launch of Horizon dentistry Laser System as the best IV therapy laser system exclusively for dental application during October 2020. Digital dental X-rays are replacing analog dental X-rays in many dental offices and hospitals merely to get medical images simply because they are more affordable, "good" for the images, and rapid results. As a result of this growing demand for digital X-ray machines among patients and health professionals, market players are constantly prompted to increase their investment in digital X-ray equipment.
US Dental Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Therapeutic
Fastest Growth
Therapeutic
Growth Rate
5.20% CAGR
Global Dental Equipment Market ($ Bn)
Country Share for North America Region (%)
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Dental Equipment Market Segmental Analysis
Global Dental Equipment Market is segmented by Product, End User, and region. Based on Product, the market is segmented into Therapeutic Dental Equipment, and Dignostic Dental Equipment. Based on End User, the market is segmented into Dental Hospitals and Clinics, Dental Academic & Research Institutes, and Other End Users. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Dental Equipment Market Analysis by Type
Due to the demand for equipment required for a wide range of treatment procedures being high, the therapeutic dental equipment segment holds the largest position in the market. The devices found in this category are as varied as lasers, high-end imaging systems, and dental chairs that are necessary to deliver effective dental treatment. The rising incidence of oral problems and the growing significance of aesthetic dentistry further propel this demand for therapeutic equipment. Technological factors, such as more ergonomic designs and the use of minimally invasive procedures, are contributing to the growth of the segment. Acquisitions of therapeutic equipment are still a must for dental clinics as they strive to provide quality care.
However, due to several crucial factors, the diagnostic dental equipment segment is expected to increase by a large percentage. This section is divided into all critical instruments required to make a proper diagnosis and treatment plan. This includes digital imaging systems, intraoral cameras, and X-ray equipment, among others. With advancements in technology, the use of these diagnostic instruments has improved efficiency and their adoption in dental offices has increased. More frequent cases of oral diseases coupled with increased awareness of oral care are forcing practitioners to develop better diagnostic equipment. Usually, one expects that advancing dental care towards early diagnosis and prevention rather than treatment will give improved patient results. This will increase the demand for sophisticated diagnostic equipment.
Dental Equipment Market Analysis by End User
There are several robust reasons for the market share being dominated by this hospitals segment. By attaining improved accessibility towards high-end and digitally up-graded equipment, the capabilities of hospital dental departments have been improved to easily facilitate more effective and efficient patient treatment. This segment is supported by the growing number of hospitals that are offering specialized dentistry treatments. Advanced dental technology is in high demand as the prevalence of dental diseases, which include surgeries, is on the rise. If hospitals continue spending money on advanced technology and expanding their dentistry departments, the category is expected to remain atop the market.
With multiple therapeutic and cosmetic benefits, dental implants are an essential part of the growing dental clinics segment due to increased demand. Patients increasingly seek implants as a long-term cure for tooth loss; hence, it forces dental offices to enhance their offerings. Numerous clinics implement advanced and cutting-edge technical equipment to fit the growing demand, which makes dental implant treatments more accurate and efficient. In addition, high growth rates of dental clinics in diverse locations accelerate this segment's growth. Other clinics entering the market increase competition and make firms improve innovations and the quality of patients' service, putting the dental clinics' segment in an excellent position for future growth in the dental equipment market.
Global Dental Equipment Market By Type
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Dental Equipment Market Regional Insights
North America dominated the global dental equipment market in 2023 with a market share of more than 38.4% and is predicted to rise during the forecast period with a significant compound annual growth rate of 6.5%. This can be attributed to the growing ageing population, an efficient healthcare system, well-defined guidelines for payment, the availability of key players, and advances in restorative and preventive dentistry. Furthermore, the American Dental Association states that 85% of Americans seriously respect dental health and consider oral health an important part of overall care, and all these factors together are going to make North America the most promising regional market over the projection period.
During the forecast period, Asia-Pacific is going to witness the fastest CAGR of 7.1%. Advanced healthcare infrastructure and facilities are available in emerging economies such as China, Japan, and India, and they are increasingly more committed to setting the standard for R&D. They have money and infrastructure required to do the same. It is projected that Asia would incur 43.6% of the expenditure and the largest share of R&D expenditure would be incurred by China, Japan, and India. The rise in the Asia Pacific dentistry market has been prompted by factors including favorable government policies, an aging population, the presence of major players, and a hike in the demand for dental operations.
Global Dental Equipment Market By Region
- Largest
- Fastest
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Dental Equipment Market Dynamics
Dental Equipment Market Driver
Technological Advancements
- The dental equipment market is growing rapidly due largely to the rapid advancement in dental technology, including CAD/CAM systems, laser dentistry, and digital imaging. Such technologies ensure that the treatment will be both accurate and time-efficient; hence, they expedite therapy while promoting patient outcomes. Increasing numbers of dentists are adopting these technologies, and this has therefore increased demand for advanced dental equipment. Moreover, the enhancement of 3D printing with artificial intelligence has continued to revolutionize dentistry operations through customized treatment protocols and effective working practices. Such high-tech methods refine the quality of service, thereby boosting customers and correspondingly growing the market further.
Growing Prevalence of Dental Disorders
- The growth of dental devices market is, above all, propelled by the growing prevalence of dental disorders such as cavities, periodontal diseases, and oral cancers. Increased availability of dental treatments, along with their resultant apparatus, requires a large increase in the number of equipment providers because people increasingly look for preventative and remedial dental care due to growing awareness of oral health. This is notably more evident in poor nations, where increased access to dental healthcare opportunities translates directly into new market expansions for equipment manufacturers. With increased outreach and educational drives, the patient will become more conscious about their oral health, thus increasing demand for advanced dental technologies.
Restraints
High Acquisition Cost of New Equipment
- In the market, the high cost of acquiring new dental equipment can be a significant restraint since it involves huge amounts of money. A large number of dental offices, especially small ones, may find it challenging to buy the latest technology, resulting in imbalances in the equipment and quality of provision services. These high prices may limit the expansion of current dental devices and hence become a significant hindrance to the business growth of manufacturers and practitioners. Moreover, the costs of maintenance, training, and support of the latest technology would create a financial burden and may deter investment in innovative solutions in the dentistry sector.
Regulatory Issues
- In the case of dental equipment, its industry is greatly affected by strict regulations which may limit its growth. The regulatory agencies impose stringent safety and effectiveness requirements, and hence the new products will always be subjected to protracted qualification and approval procedures. The specifications might limit market innovation by raising the cost of development, thus delaying entry into the market. Moreover, manufacturers are exposed to the complexity of the process of entering global markets since they are required to move across various regulations of the respective countries. Hence, challenges in upholding regulatory compliance would hinder speed in innovation with dental equipment.
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Dental Equipment Market Competitive Landscape
There are hundreds of companies operating in the global market, and each is struggling to hold the top position. Dental X-rays, dental lasers, dental surgical navigation systems, among others, are some types of equipment where the top players focus. The objective of the other players, which include Institut Straumann AG, Onex Corporation (Carestream Health), and BIOLASE, Inc., is to stay at or with their respective market shares. For such companies, the way forward to making brand identity in developing countries involves continuous innovation in dental devices and global distribution networks.
Top Players in the Global Dental Equipment Market
- Planmeca Group (Finland)
- Envista Holdings Corporation (US)
- Dentsply Sirona Inc (US)
- A-dec (US)
- J. Morita Group (Japan)
- Align Technology (US)
- Mitsui Chemicals, Inc. (Japan)
- GC Corporation (Japan)
- Midmark Corporation (US)
- Ivoclar Vivadent AG (Liechtenstein)
- Institut Straumann AG (Switzerland)
- Biolase (US)
- 3M (US)
- BEGO (Germany)
- Yoshida Dental (Japan)
- Nakanishi (Japan)
- DentalEZ (US)
- Ultradent Products, Inc. (US)
- Brasseler USA (US)
- PreXion (US)
- AMD Lasers (US)
- Aseptico (US)
- Bien-Air Dental (Switzerland)
- Bisco, Inc. (US)
- Millenium Dental Technologies (US)
Dental Equipment Market Recent Development
- In June 2023, A-dec brings dental technology into a new stratum as it introduces its digitally connected dental chair and transport system. North American markets may now have access to the A-dec 300 Pro and A-dec 500 Pro delivery systems.
- In July 2021, calling for increased remuneration and reduced administrative burden, American Dental Association urged the Centers for Medicare & Medicaid Services to bring more dentists aboard the Medicaid program.
- In April 2021, Envista Holdings Corporation collaborated with Curaeos to form a joint venture, providing value-added products and services to its European dental clinic network.
Dental Equipment Key Market Trends
- Growing Focus on Preventive Care: Increasing focus is being directed to preventive care in the dental equipment market. The concentration lies in the early diagnosis and treatment to prevent severe forms of dental diseases. Such a shift is attributed to high demands for diagnostic instruments that help practitioners diagnose problems early and can include intraoral cameras and digital imaging systems. Beyond improved patient outcomes, preventive treatment also reduces aggregate health-care costs. Denti Offices are investing in advanced technology to assist preventative measures as people are getting more conscious about health and it moves them towards a more proactive approach to oral health.
- Integration of Tele dentistry: Since tele-dentistry is in practice, remote consultations and follow-ups transform the dental equipment market. The concept has already picked up momentum since consumers seek convenient and secure options for dental treatment, especially after the recent COVID-19 pandemic. Tele dentistry calls for hardware and software to perform virtual consultations; thus, there is a growing demand for digital platforms and related technologies. The dental offices are reaching out to underprivileged areas by embracing this trend as well as increased patient engagement and their whole service offerings.
Dental Equipment Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the increased incidence of dental problems and technological advancement are some factors that have increased the demand for dental equipment. Due to this, many patients are currently attracted to this sort of dental treatment due to the resultant accuracy and efficiency of laser dentistry, CAD/CAM technology, and digital imaging. However, many professions may not completely take advantage of these advances since these are obstructed by barriers such as a high price for sophisticated equipment and odious regulation restrictions. With an increased need for high-quality dental healthcare in developing countries, manufacturers should focus on solutions that are inexpensive and accessible while managing the complexities of regulations. In general, the outlook for the industry seems to be very promising in the next few years for growth and innovation.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 6.4 billion |
| Market size value in 2031 | USD 10.90 billion |
| Growth Rate | 6.10% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Dental Equipment Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Dental Equipment Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Dental Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Dental Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Dental Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Dental Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Dental Equipment Market Report Snapshots
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