Press Release / Global Dental Equipment Market
Dental Equipment Market to Expand at a CAGR of 6.9% over 2024 to 2032; Expansion of Dental Care Units in Emerging Countries to Boost Industry Growth
October 17, 2024 | HealthcareThe global dental equipment market size stood at USD 6.66 billion in 2023. The market value is slated to rise from USD 7.38 billion in 2024 to USD 12.62 billion by 2032 at a CAGR of 6.9% during 2024-2032. Fortune Business Insights™ presents this information in its report, titled “Dental Equipment Market Size, Share & Industry Analysis, By Product Type (Dental Imaging [Extraoral Imaging {Panoramic Systems, Panoramic & Cephalometric Systems, and 3D CBCT Systems}, Intraoral Imaging {X-ray Systems, Intraoral Sensors, Intraoral Photostimulable Phosphor Systems, and Intraoral Cameras}], Intraoral Scanners, Dental Lasers, Dental Surgical Navigation Systems, CAD/CAM Equipment [Milling Machines, 3D Printers, and Others], Dental Chairs, Dental Handpiece, and Others), By End-User (Solo practices, DSO/group practices, and Others), and Regional Forecast, 2024-2032”.
Dental equipment helps dentists improve patient care by performing effective and accurate procedures. Rise in cosmetic dentistry and increasing aging population are anticipated to augur well for market growth across various regions.
The COVID-19 pandemic led to a downturn in dental visits and the postponement of non-essential services. This had a significant effect on industry expansion.
Carestream Dental Forged a Partnership with ArchformByte to Bring Superior Products to the Market
In July 2023, Carestream Dental, one of the major dental equipment players, and ArchformByte struck a collaboration. The move would allow dentists using the CS 3500 or CS 3600 intraoral scanners to send accurate images to ArchformByte for the efficient production of C-Thru aligners.
Industry Value to Surge with Expansion of DSO/Group Practices in Emerging Markets
The dental equipment market growth is driven by the rising emphasis of private and government investors on the expansion of healthcare units, including DSO/group practices. There has also been an upsurge in investments in advanced technologies for the enhancement of patient outcomes and service offerings.
Nonetheless, financial constraints associated with the adoption of cutting-edge equipment in emerging markets may create challenges for industry expansion.
Companies Develop and Introduce Advanced Products to Outpace their Competitors
Major dental equipment companies are developing advanced dental products to strengthen their positions in the global market. Robust distribution network and strong brand reputation are some of the major factors influencing the dominance of leading players. Carestream Health, Inc., and BIOLASE, Inc., are a few of the key companies in the market.
Key Players Profiled in the Report
- Institut Straumann AG (Switzerland)
- Dentsply Sirona (U.S.)
- VATECH (South Korea)
- A-dec Inc. (U.S.
- BIOLASE, Inc. (U.S.)
- Carestream Health, Inc. (U.S.)
- Ivoclar Vivadent AG (Liechtenstein)
- Danaher (U.S.)
- Midmark Corporation (U.S.)
- OSSTEM IMPLANT CO., LTD. (South Korea)
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/dental-equipment-market-104549
Key Industry Development
- April 2024 – Medit introduced a new i900 intraoral scanning system featuring intuitive touch pad and touch band functionality.
Further Report Findings:
- In 2023, North America’s market size reached USD 2.76 billion. The region’s dental equipment market share bagged a dominant position globally considering the presence of a large number of dentists and rising spending on dental care services.
- Asia Pacific’s market is anticipated to surge at the highest CAGR over the analysis period considering the surge in partnerships between dental clinics and dental companies. The regional expansion is further fostered by the rising emphasis on the improvement of oral health.
- By product type, the market is segregated into CAD/CAM equipment, dental surgical navigation systems, dental imaging, intraoral scanners, dental lasers, dental chairs, and others. In 2023, the dental imaging segment captured a prominent market share due to escalating investments in cutting-edge imaging systems by dental professionals. The rising investments can be attributed to their endeavor to offer improved patient care.
Table of Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 6.9% from 2024-2032 |
Unit | Value (USD Billion) |
Segmentation
| By Product Type
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By End-user
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- 2023
- 2019-2022
- 210
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