ID: MRFR/MED/3204-CR | October 2017 | Region: Global | 74 pages
Market Research Future (MRFR) studied North America Dental Equipment Market 2020 along the assessment period till 2023. Dental equipment are tools used by dental professionals for dental treatment. Examination, treatment, manipulation, restoration, and removal of teeth and related oral structures are some applications of dental equipment. Dental technologies are evolving and rapid development in the delivery of excellence patient care is observed.
COVID-19 has created a chaos, resulting in a global crisis. It has impacted the healthcare domain in multiple ways. While issues associated with respiratory system increased, other health problems are observed to face issues. Lockdown and social distancing have significantly influenced the medical system, which is discussed extensively in the report.
Rise in Application of CBCT to Benefit Market
The growing utility of CBCT (Cone Beam CT Scan) for orthodontic diagnosis to design effective treatment regimen can benefit the North America dental equipment market. The introduction of effective dental equipment with technical innovation can add to the market rise. Expansion of ageing population is likely to improve momentum of the market.
Increase in Cosmetic Dentistry Treatment to Create Expansion Scopes
The increase in success rate, resulting in growing popularity of cosmetic dentistry treatment can favor the market upsurge.
Dental Tourism to Restrain Market Growth
The rise in demand for dental tourism and increase in utility of refurbished dental instruments can hinder the market rise.
The dental radiology equipment segment of the market can hold 32.6% share of the overall market by 2023. The segment is expected to value at USD 1,577.7 Mn by 2023. As per MRFR findings, the dental sensor segment of the market can acquire the second-largest share of the market, which is anticipated to thrive at 6.45% CAGR along the forecast tenure between 2017 and 2023. The CAD/CAM segment can surge at high pace in the approaching years due to increase in their utility of both electric and hydraulic forms. The growing awareness about casting machine can favor the market growth. The high sales of dental chairs due to increase in number of oral clinics can improve the momentum of the market.
The mouth and teeth segment can expand at high pace, and is expected to earn considerable revenue for the market. The segment is likely to offer several hotspots for revenue generation as increase in innovation and sales of dental equipment for mouth and teeth. In addition, growing issues concerning dental hygiene can benefit the market. The cavity removal segment can thrive at high CAGR as increase in consumption of food with high sugar content can induce cavity, especially among the young population. The gradual increase in cases of dental fillings and carving due to rise in number of patients can favor the market.
The hospitals segment can thrive at high pace by 2023. The rise in utility of oral care equipment in hospitals can earn high revenue for the market. Moreover, the dental clinic segment can also boost business as their count increases. The growing number of dental laboratories can contribute to the gradual growth of the market in the analysis tenure.
US to Stay Ahead of Lead North America Market Growth Curve
North America dental equipment market is likely to be led by the US. Top-notch oral care solution providers are present in the region, considering both well-established and small-scale players, the market is expected to earn high revenue. The highly competitiveness of dental equipment can also boost the market growth. The expansion of geriatric population, hike in governmental expenditure on dental healthcare, and the availability of cashless reimbursement solutions are other causes that are observed to support the market rise. As per MRFR regional evaluation, the US can secure 77.4% share of the regional market by 2023.
MRFR profiled some renowned dental equipment market players in North America in this report. Financial analysis, and product benchmarking, along with market share analysis are studied under the competitive landscape of the market. Moreover, important innovations and strategies, such as; joint ventures and product launches that are launched by these players are also discussed in details. Top-notch contributions of companies are also detailed in this report.
List of Key Companies Covered in this Report
MRFR analyzed the North America dental equipment market and published the completely-cooked report that discussed trends, supply chain dynamics, opportunities, market drivers, restraints, value chain issues, and Porter’s five forces. Regulatory landscape and technology trends are other aspects of the market that are discussed in the report, along with patent analysis outlook. MRFR conducted interview with numerous industry experts and had multiple industrial visits to assemble data that can provide in-depth understanding of the market to investors on the market dynamics. On estimating the overall market size, the entire market is studied through multiple segments and subsegments to arrive at the accurate statistics of every market segments. The application of market breakdown procedures and data triangulation various causes and trends, along with demand and supply sides are evaluated.
Dental Radiology Equipment
Dental Hand Pieces