Global Dental Equipment Market

Dental Equipment Market Size, Share, Growth Analysis, By Product(Therapeutic Dental Equipment [Dental Operatory & Treatment Center Equipment (Dental Units {Instrument Delivery Systems, Dental Chairs}, Dental Handpieces, Dental Light-curing Equipment), By End User(Dental Hospitals and Clinics, Dental Academic & Research Institutes, Other End Users [DSO, Dental Laboratories]), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2635 | Region: Global | Published Date: September, 2024
Pages: 165 | Tables: 65 | Figures: 81

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 dental 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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FAQs

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).

There are hundreds of companies operating in the dental equipment 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 dental equipment share. For such companies, the way forward to making brand identity in developing countries involves continuous innovation in dental devices and global distribution networks. '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)'

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 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. 

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. 

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Global Dental Equipment Market

Report ID: SQMIG35A2635

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