The global dental equipment market was valued at US$ 6.28 billion in 2021 and is expected to reach US$ 13.31 billion by 2030, poised to grow at a noteworthy CAGR of 8.7% from 2021 to 2030.
The dental instruments are the tools used by dentists to treat patients. They consist of instruments for examining, manipulating, treating, restoring, and removing teeth and oral structures of the people.
A rise in incidences of dental diseases, as well as an increase in demand for cosmetic dentistry, is the main drivers of the dental equipment market. The widespread use of technologies such as radiology and imaging will be possible only when it is less expensive, which is a barrier for the growth of dental equipment market. The market’s opportunities reside in enhancing existing equipment by introducing new technological advancements that would improve dental surgical processes and allow for more efficient and effective treatment.
The benefits of sophisticated dental imaging are projected to ensure increasing use in the years to come in the current global scenario, where the focus on technical developments has increased. The other important factors driving the growth of this market include the increased demand for cosmetic dentistry, the decreasing cost of imaging technologies, and the requirement for quick and precise diagnosis.
The global dental equipment market is being driven by growing geriatric demographic as well as periodontal situations. The advancement of the dental equipment market will be aided by an increase in patient desire for non-invasive procedures around the world. Many medical facilities are now opting for non-invasive blue and blue-green operations due to its benefits, which include reduced pain and better patient care.
Scope of the Dental Equipment Market
|Market Size In 2020
||US$ 5.8 Billion
|Growth Rate From 2021 to 2030
||CAGR of 8.7%
|Fastest Growing Market
||2021 to 2030
||BIEN-AIR DENTAL, Midmark Corporation, Takara Belmont Corporation, Ultradent Products Inc., Planmeca Group, IvoclarVivadent AG, Nova Instruments, J. MORITA Corporation, Nakanishi Inc., Millennium Dental Technologies
Product Type Insights
Based on the product type, the systems & parts segment accounted largest revenue share around 38% in 2020. The demand for radiology systems in the field of dental healthcare will continue to rise due to developments in the medical imaging technologies during the forecast period.
Based on the region, the North America region was valued 38.5% revenue share in 2020. The growing elderly population, well-established reimbursement rules and laws, proven medical infrastructure, the presence of key market players and developments in preventative and therapeutic dental treatments are all factors that drive the growth of North America dental equipment market during the forecast period.
Key Companies & Market Share Insights
A-dec Inc. purchased the assets of Dean Dental Systems in July 2019 in order to expand the company’s products and services. The various developmental strategies adopted by other key market players include acquisition, business expansion, investments, new product launches, partnerships, joint venture, and mergers fosters market growth and offers lucrative growth opportunities to the market players.
Some of the prominent players in the global dental equipment market include:
Takara Belmont Corporation
Ultradent Products Inc.
J. MORITA Corporation
Millennium Dental Technologies