Dental Equipment Market worth .7 billion by 2027

Posted by Rosy Wills on February 20th, 2019

According to research report dental equipments market is projected to reach 8.7 billion in 2027 from USD 6.5 billion in 2022, at a CAGR of 6.1% between 2022 and 2027. The study involved four major activities to estimate the current market size for dental equipment. Exhaustive secondary research was done to collect information on market, peer market and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter market breakdown and data triangulation was used to estimate the market size of segments and subsegments.

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“During the forecast period, the Therapeutic dental equipment segment is expected to be the fastest growing segment of the dental equipment market.”

Under type, therapeutic dental equipment segment is forecasted to grow at the highest CAGR from 2022 to 2027. The primary drivers of this market are the introduction of new technologies, particularly electrosurgical devices, which provide advantages for patients in terms of low operating costs, minimum bleeding, and less post-operative pain.

“In 2021, by end user, hospitals clinics segment held the largest share of dental equipment market.”

By end user, the dental equipment market can be segmented into hospitals and clinics, research and academic institutes and other end users.

Due to the rising awareness of dental disorders and their treatment, the hospitals and clinics segment occupied the largest share of the market in 2021. Additionally, there has been increase in adoption of new technologies and dental tourism which has attributed to the growth of the market.

“In 2021, Europe occupied the largest market share in the dental equipment market“

The dental equipment is segmented into five major regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa.

Europe accounted for the largest share of the dental equipment market in 2021. The increasing trend in the cosmetic dentistry and rise in dental diseases such as dental caries and gum problems some of the major driving forces attributing to the growth of the dental equipment market in the region.

Key players in the dental equipment market include DENTSPLY SIRONA Inc, (US), Align Technology Inc. (US), Envista Holdings Corporation (US), Carestream Dental LLC (US), and Planmeca Group (Finland).
These companies adopted strategies such as partnerships, acquisitions, collaborations, product launches, expansions, and agreements to strengthen their presence in the dental equipment market.

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