Market Research Future (MRFR) has published a cooked research report on the “Global Dental Products Market” that contains information from 2019 to 2032. The dental products market is estimated to register a CAGR of 6.80% during the forecast period of 2024 to 2032.
Dental Products Market Highlights
The global dental products market is accounted to register a CAGR of 6.80% during the forecast period and is estimated to reach USD 12.473 billion by 2032.
The dental product market is expanding due to consumers' growing consciousness of mouth cleanliness. Technological advancements, new product releases, and people's growing emphasis on appearance have all pushed people to look for prostheses, helping the industry expand. The dental products market is anticipated to grow significantly due to technological advancements aimed at enhancing surgical care. That makes dental surgery more efficient and helps to provide better treatment.
Key Players:
MRFR recognizes the following companies as the key players in the global dental products market - DENTSPLY SIRONA Inc. (US), Envista Holdings Corporation (US), Align Technology Inc. (US), Carestream Dental LLC (US), and Planmeca (Finland).
Segment Analysis
The global dental products market has been segmented into device type and end user.
On the basis of device type, the market is segmented into Therapeutic Dental Equipment (Dental Operatory & Treatment Center Equipment [Dental Units, Dental handpieces, Dental light-curing equipment, Electrosurgical systems, Other Dental Operatory & Treatment Center Equipment], Dental Laboratory Equipment [CAD/CAM systems, Milling Equipment, 3D Printing Equipment, Casting machines, Ceramic furnaces, Other dental laboratory equipment], Dental Lasers [Soft-tissue lasers, All-tissue lasers]), Diagnostic Dental Equipment (Extraoral Imaging Systems [Panoramic systems, 3D CBCT systems, Panoramic & cephalometric systems], Intraoral Imaging Systems [Intraoral X-ray systems, Intraoral sensors, Intraoral photostimulable phosphor systems, Intraoral cameras], Dental Imaging Software). The therapeutic dental equipment segment was attributed to holding the largest market share in 2023 due to technological advances, aging populations, and increased dental health awareness. More and more dental professionals are treating patients more successfully and with better outcomes by utilizing therapeutic dental equipment such as intraoral cameras, dental lasers, and air abrasion devices.
Based on end user, the global dental products market has been segmented into Hospitals and Clinics, Research and Academic Institutes, and Other End Users. The hospitals and clinics segment was expected to hold the largest market share in 2023. The expansion of dentistry departments in more hospitals and easier access to cutting-edge, digitally altered equipment contribute to the segment's growth. Furthermore, the increasing occurrence of dental conditions will significantly propel the expansion of this market.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Dental Products Market Research Report
Regional Analysis
The global dental products market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe dental products market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The dental products market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World dental products market comprises the Middle East, Africa, and Latin America.
The largest market share for dental products was maintained by the North American regional sector. The rise in dental illnesses and the widespread adoption of new dental product technology, including digital radiography, intraoral cameras, lasers, and CAD/CAM systems, are among the reasons contributing to the growth. The market is expanding due in part to an increase in dental appointments.
Moreover, the Europe market has been persistently growing over the forecast period because there are many producers, an increasing number of senior people prone to oral health issues, and attractive reimbursement rules. The growing inclination towards cosmetic operations and dental supplies like bridges and crowns instead of implants will also propel the market's growth.
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Emerging economies like China, Japan, and India have sophisticated healthcare infrastructure and facilities, and they are increasingly more committed to setting the standard for R&D initiatives. They are financially and infrastructure-ready for the same. Asia is predicted to account for 43.6% of the expenditure, with China, Japan, and India spending the most on R&D.
Furthermore, the rest of the world's dental products market is divided into the Middle East, Africa, and Latin America. Over the course of the forecast period, rapid global growth is anticipated. Factors like the aging population, robust healthcare systems, well-defined reimbursement guidelines, major industry participants, and developments in preventative and restorative dentistry are all important market drivers.
Key Findings of the Study
- The global dental products market is expected to reach USD 12.473 billion by 2032, at a CAGR of 6.80% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market. Developing nations with advanced healthcare infrastructure and facilities, such as China, Japan, and India, are more dedicated than ever to becoming the benchmark for research and development projects.
- Based on device type, the therapeutic dental equipment segment was attributed to holding the largest market in 2023, with an approximate market share of 55%.
- DENTSPLY SIRONA Inc. (US), Envista Holdings Corporation (US), Align Technology Inc. (US), Carestream Dental LLC (US), and Planmeca (Finland) are the key market players.
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Companies Covered | 15 |
Pages | 128 |
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