Kenneth Research recently added a report on Dental Equipment Market in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Dental Equipment Market along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Dental Equipment Market  products.

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The global dental equipment market is projected to be valued at more than USD 5 billion in 2021 and is projected to grow at a CAGR of 13% from 2022 to 2030. Dental instruments are devices used to test, treat, and treat oral diseases. . Factors such as the increasing number of older people suffering from oral diseases, the development of medical tourism related to dental care, and the introduction of various government initiatives related to oral hygiene are among the factors driving the market growth.

In addition, large corporations are leading the market by introducing efficient and cutting-edge dental equipment. Companies such as Planmeca Oy, Dentsply Sirona, and Danaher Corporation are up-to-date companies that help physicians market and sell precision dental products including dental X-ray equipment, laser beams, systems and components, laboratory equipment, and medical. computerized technology. They will be cured. The equipment is split.

According to the World Dental Federation (FDI), foot-and-mouth disease affects 3.9 billion people worldwide, with more than half (44%) of the world;s population suffering from tooth decay. Dentistry (cavities). Study the burden of the disease. According to the Centers for Disease Control and Prevention (CDC), in 2017, 84.9% of children aged 2 to 17 years, 64.0% of adults aged 18 to 64 years, and 65.6% of children aged 18 to 64 visited the dentist in 2017. once. , sutures, root canals, crowns, bridges, periodontal treatment, oral and maxillofacial surgery are often performed. This shows the potential of dental care worldwide. The growth of the overall market is expected to be driven by environmental damage caused by dental diseases such as periodontal disease, oral cancer, and mouth ulcers.

Excessive consumption of tobacco and alcohol, an unhealthy diet and high sugar intake are the leading causes of tooth decay, the world;s most common chronic disease. The number of older people is increasing and so is the demand for dental services. According to the World Population Prospect, 1 in 6 people worldwide will be over 65 by 2050, and in 2019 about 1.5 billion will be over 65 by 2050.

In emerging countries such as Asia and Latin America, dental tourism is increasing due to high cost of care, mainly in regions such as North America and Europe where dental care is standard. Government initiatives in many countries have resulted in well-planned methods and dental campaigns to improve access and access to oral care. Therefore, the above factors can drive the growth of the market.

However, the emergence of the COVID-19 pandemic has had a significant impact on the dental equipment market. During the outbreak, routine dental care was lacking as many dental clinics had to close for elective procedures. Many long-term studies relate to health barriers, lack of closure and personal protective equipment (PPE), new types of equipment (PPE) and technologies, and the need to invest in new economic and social issues. . .. With many clinics and clinics reopening around the world, it is unlikely that things will return to normal due to many concerns about the availability of dental services and the safety of dentists. According to a review published in the Journal of Contemporary Dentistry, COVID-19 is expected to be a milestone in dentistry. The market is expected to make a positive difference in providing safe dental care, but the cost of access to care is imminent.

PRODUCT INSIGHT:

Dental Systems Industry Components and Components business is projected to register the highest sales share of 38.0% in 2020 and generate a significant CAGR over the forecast period. The market is segmented into dental radiation equipment, dental lasers, dental systems and components, laboratory equipment, and medical equipment. Additionally, the global dental systems and components are divided into tool delivery systems, vacuum cleaners and compressors, CT cone systems, rollers, ovens and furnaces, home appliances and other systems and components, CAD/CAM. These tools are the basic tools needed to perform dental care. The performance of these systems and components is one of the key factors for therapeutic success. The main driving force behind this industry is technological advances and in-depth research and development by major players to provide easy-to-use and efficient tools for fluid processing.

The dental laser industry recorded the highest compound annual growth rate (CAGR) during the forecast period owing to the rapid development of surgical and tooth whitening procedures. Dental lasers are also used to reshape gum tissue and remove inflamed tissue. Another benefit of using lasers is controlling blood loss during surgery and reducing the need for needles to promote incision growth. Lasers are mainly divided into diode lasers, carbon dioxide lasers and yttrium-aluminum-garnet lasers. Widely accepted technologies, satisfactory repayment status, increasing understanding among the elderly, and increasing awareness of oral hygiene are driving the market growth.

REGIONAL OUTLOOK:

North America dominates the dental equipment market with the largest revenue share at 33% in 2020. This segment is expected to witness a significant CAGR over the forecast period. This is due to a growing geriatric population, strong healthcare infrastructure, established reimbursement policies, the presence of key market players, and advances in preventive and restorative dental care. Additionally, according to the American Dental Association, 85.0% of Americans take dental health very seriously and consider oral health an important aspect of comprehensive care. The combination of these factors makes North America the most promising market during the forecast period.

In Asia Pacific, the market is expected to witness the highest CAGR of 12% during the forecast period. Asian countries such as China, Japan and India are emerging economies with advanced medical infrastructure and facilities, and are currently focusing on leadership positions based on several R&D activities. They have the right infrastructure and the right budget. 43.6% of total costs come from Asia, with countries such as China, Japan and India spending the most on research and development. Features such as favorable government policies, increasing number of elderly people, presence of major players in the market and high demand for dental care have made this sector a market. Additionally, medical tourism in the Asia Pacific region is growing rapidly due to reduced patient waiting times, affordable care, the availability of a large number of state-of-the-art qualified dentists, and the presence of technology and tourist destinations. And nice accommodation. The above factors contribute to the growth of the local dental appliance market.

KEY BUSINESS PROSPECTS AND MARKET SHARES:

A major driving force behind the market competition is the rapid adoption of advanced technologies such as computer scanners for accurate imaging and diagnosis of dental diseases. Many of these companies are also rapidly expanding their geographic growth, strategic collaborations and partnerships through mergers and acquisitions in emerging economy sectors. In March 2019, Planmeca Oy launched the Planmeca Creo C5. Advanced 3D printer designed specifically for CAD/CAM chair restoration and dental care. In October 2019, the company offered fast and accurate scans, and in October 2019 it launched a line of intraoral scanners called Planmeca Emerald, primarily used for restorative dentistry. Key players in the dental equipment market include A-Dec Inc., Planmeca, and OyDentsply Sirona Patterson Corporation. Straumann GC Corporation Creamream Health Inc. Biolase Inc. Danaher Corporation 3M EPSE

SECTIONS INCLUDED IN THE REPORT :

The report forecasts global, regional and national sales growth from 2021-2030 and provides an analysis of the latest industry trends in each subsector. In this study, Kenneth Research, Global Dental Equipment Market Report by Product Type and Industry: By Product Type Segment (Sales, USD 1M, 2021-2030) Intraoral X-ray Equipment, Digital X-ray Modules, Digital Sensors, Modules Digital Mouth, Analog Modules , Dental Lasers, Diode Lasers, Quantum Source Lasers, Dispersive Feedback Lasers, Vertical Hole Lasers, Homostructure Lasers, Quantum Lasers, Storage Devices.

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