Dental Lasers Market Overview
The market is anticipated to reach a CAGR of 5.2% and USD 2.3 billion in the forecast period. The dental lasers are the devices that can emit coherent light beams that suit to perform the related oral surgeries. This device can eliminate the need for surgical instruments like dental anaesthesias; handpieces are several others. This can offer the patients several advantages, such as less trauma, less bleeding, and less contamination. People are gradually using this due to the capabilities like low light exposure, lack of requirement, less healing time, and this is portable due to the small size of this. all of these will have a good growth rate on the market. The rise in the geriatric population and edentulous cases can have a good driving factor for the market. The market will also showcase high growth shortly owing to the rise in incidence of periodontal diseases such as tooth decay, bleeding gums, etc. The recent government initiatives to create concern regarding the market will create ample opportunities for the market. Minimally invasive procedures and increased healthcare spending will help the market grow. However, the easy availability of alternative methods and the high cost of the treatment are expected to hamper the market growth.
The dental lasers market is segmented based on product, application, and end users.
The dental lasers market, by product is segmented into soft tissue dental lasers and all tissue dental lasers. The soft tissue dental lasers is sub-segmented into diode lasers systems, CO2 laser systems, and Nd:YAG laser systems. The all tissue dental lasers segment is divided into Er:YAG laser systems, and Er,Cr:YSGG laser systems.
By application, the market is segmented into endodontic treatment, oral surgery, implantology, peri-implantitis, periodontics, and others.
The dental lasers market, by end user is segmented into hospitals & clinics, ambulatory surgical units, academic & research organizations.
Based on region, the global dental lasers market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is sub-segmented into North America and Latin America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the UK, Spain, and the rest of Western Europe. The Asia-Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia-Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.
Regional Market Summary
Global Dental Lasers Market Share (%), by Region, 2017
Sources: World Health Organization, National Institute of Dental & Cranifocal Research, World Dental Show, American Dental Association, Journal of Family Medicine and Primary Care, Company Presentations & White Papers, Annual Reports, and others.
It is estimated that North America dominated the global market for dental lasers. Increasing prevalence of dental diseases, and high healthcare expenditure are estimated to drive the regional market. According to the National Institute of Dental & Cranifocal Research, ~92% of the adults (from 20 to 64 years) are estimated to have dental caries. Moreover, the presence of developed economies like US and Canada within the region drives the dental lasers market growth.
Following the Americas, Europe leads the market. The region is estimated to have ~30%-35% of the global market. Factors such as high dental healthcare expenditure, government support for the dental sector and increasing penetration of the market players within the region is estimated to provide favourable backgrounds of market growth within the region.
Asia-Pacific is anticipated to be the rapidly growing region for the dental lasers market, owing to growth owing growing geriatric population, increasing awareness and rising preference for minimally invasive surgeries. Moreover, rapidly developing dental industry makes the region lucrative for market development and expansion. According to the World Dental Show, the Indian dental industry is expected to reach USD 234 million by 2018 from USD 128 million in 2013.
The Middle East and Africa stands the least share of the global dental lasers market. This can be attributed due to low per capita income, less expenditure on the healthcare, and lack of advanced healthcare facilities within the region.
Patients visiting the Government Dental College and Research Institute on the Victoria Hospital campus can now access advanced laser treatment, which is expensive in the private sector.
The American Plastic Surgery Association noted an uptick in 2020 for botulinum toxin type A requests, the chemical name for the cosmetic injectable that temporarily reduces crow's feet, frown lines, and facial creases.
The global leader in dental lasers called BIOLASE, Inc announced on November 23 that it would be presenting at the Benchmark Company Discovery One-on-One Virtual Investor Conference on Thursday, December 2, 2021.
Dental Lasers Market, by Key Players
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product, Application, and End users.|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Amd Lasers, Biolase Inc., Cao Group Inc., Convergent Dental Inc., Danaher Corporation- Kavo Dental GmbH, Fotona D.D., Ivoclar Vivadent AG, Millennium Dental Technologies Inc., Sirona Dental Systems Inc., Syneron Dental Lasers-Syneron Medical Ltd., The Yoshida Dental MFG. Co. Ltd., Zolar Technology & MFG. Co. Inc.|
|Key Market Opportunities||
|Key Market Drivers||
The Dental Lasers Market is predicted to touch USD 2.3 million by 2023.
The Dental Lasers Market is projected to grow at a 5.2% CAGR between 2017-2023.
North America is projected to have a major share in the Dental Lasers Market.
Rising prevalence of dental disease, increasing dental healthcare expenditure, and increasing dental tourism are boosting market growth.
Lack of awareness and high cost may limit market growth.