Dental Equipment Market - Current Market and Future Players by Transparecy Market Research

The growing awareness of dental hygiene and increasing dental complications have led to the growth of the global dental equipment market. Dental equipment is an integral part of dental diagnostics. The speedy technological innovations and numerous treatment technologies have created strong groundwork for the growth of this market. According to research analysts at Transparency Market Research, the global dental equipment market is expected to reach US$7.6 bn by 2018 from US$5.5 bn in 2011, rising at a CAGR of 4.7% from 2012 to 2018.

The global dental equipment market is segmented on the basis of product type and geography. The types of products in the overall dental equipment market are: Dental radiology equipment, systems and parts, laboratory machines, hygiene maintenance devices, and other equipment. Geographically, this market is segmented into North America, Europe, Asia, and Rest of the World.

Systems and Parts to Spearhead Growth of Overall Market

The research report published by Transparency Market Research suggests that the systems and parts segment has held a leading position in the overall dental equipment market in 2011 due to a wide range of applications and a huge array of products. The dental radiology equipment segment followed the aforementioned segment to stand as the second-largest segment in 2011.

Minimally Invasive Procedures Propel Use of Dental Lasers

The research report also showed that though the dental lasers segment held a relatively small share in the global dental equipment market in 2011, this segment is expected to grow at a rapid pace in the coming years. According to research analysts, the growing adoption of dental lasers in minimally invasive surgical procedures will propel this segment to grow at an accelerated pace.

Baby Boomers Drive Global Dental Equipment Market

Furthermore, the incidence of the periodontal disease has reached an all-time high with 75% of the population in the United States suffering from gum diseases and periodontitis. Of these, the cases that delay medical intervention require implants and other restorative surgeries. Furthermore, Baby Boomers are prone to risks such as loss of teeth due to age and damage over the years. This demographic segment is also the one with relatively larger disposable incomes. With about 76.4 bn Baby Boomers in the United States, the country will remain at the forefront of the global dental equipment market.

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Medical Tourism to Have a Deep Impact on Dynamics of Overall Market

As the cost of dental surgeries is exorbitant in the countries such as the United Kingdom and the United States, they are expected to witness a decline in the demand for implant surgeries in the foreseeable future. This dynamic has forced several patients to travel to countries where dental surgeries are cheaper yet of high quality. Owing to these reasons, the Asia Pacific region is likely to grow at a stupendous pace. Consequently, the demand for implants and other dental equipment in this region will be propelled by countries such as China, Malaysia, and India.

Some of the top players operating in the global dental equipment market are CareStream HealthGC Corporation, Henry Schein Inc., Danaher Corporation, Dentsply International Inc., Sirona Dental Systems, Planmeca Oy, Sirona Dental Systems, Biolase Inc., Ivoclar Vivadent AG, and A-dec Inc.

Dental Equipment Market - Global Industry Analysis, Growth, Trends and Forecast, 2012 - 2018

The booming trend of dental tourism coupled with better diagnostic and treatment technologies for dental problems will drive the global dental equipment market over the next three years, says Transparency Market Research (TMR) in its latest report. The report further states that the market will grow also as a result of dentistry playing a growing role in aesthetics. The report, titled ‘Dental Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,’ says that the market is poised to register a 4.7% CAGR through the report’s forecast period. The market is projected to stand at US$7.6 bn by 2018, up from its 2011 valuation of US$5.5 bn.

Browse the full Dental Equipment Market (Dental Extraoral & Intraoral Radiology, Dental Lasers, Cone Beam CT Systems, Laboratory Machines, Hygiene Maintenance Devices, Chairs and Light Cure Equipment) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 report at http://www.transparencymarketresearch.com/dental-devices-market.html

At the same time, the report finds that certain factors will slow down the growth of the global dental equipment market. These include: The use of refurbished dental equipment in order to curtail costs, the relatively high price point of advanced dental equipment, the levying of taxes on certain classes of dental equipment, and a growing awareness about the use of fluoridation to prevent dental decay. 

The dental equipment market has been studied on the basis of product type, and covers the following equipment: Dental radiology equipment, systems and parts, dental lasers, hygiene maintenance devices, laboratory machines, and other equipment. The report identifies the systems and parts segment as being the most dominant in 2011 thanks largely to the expansive application range enjoyed by these products. Dental radiology equipment was the second-largest segment in 2011 in the global dental equipment market by product type.

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nterestingly, while dental lasers represented the smallest segment within the global dental equipment market by product type in 2011, this segment is growing very rapidly. TMR analysts state that the increasing use of dental lasers in minimally invasive surgical procedures will prove vital in helping this segment report the fastest growth rate in the global dental equipment market.

On the basis of geography, the report segments the global dental equipment market into: North America, Europe, Asia Pacific, and Rest of the World. The findings of TMR’s study show that the share of North America in the global dental equipment market was the highest. Trailing North America was Europe with a market share of over 35% as of 2011. Asia Pacific will report slow growth over the report’s forecast period even as North America continues to lead at the global level. 

The North America dental equipment market will benefit from factors such as the high prevalence of dental caries among people here. In 2011, in North America, the decayed, missing, filled teeth (DMFT) count was estimated at 2.35 among children aged 12 years, says a WHO report. Besides this, consumers in North America spend substantial amounts of money on cosmetic dental procedures. The American Academy of Cosmetic Dentistry, for instance, states that people in the U.S. alone spend approximately US$2.75 bn annually on cosmetic dental procedures. 

A comprehensive study of the competitive landscape of the global dental equipment market is yet another important aspect of TMR’s report. In 2011, the Danaher Corporation accounted for the highest share of the global dental equipment market. The company’s wide-ranging product portfolio can be credited for its leading position in the market. The other key companies in the global dental equipment market include A-dec Inc., Sirona Dental Systems, GC Corporation, CareStream Health, and Biolase, Inc.

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About us:
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Global Dental Equipment Market Trends 2015

Transparency Market Research, a market intelligence company based in the U.S., has announced the release of a study on the dental equipment market. The report finds that the global dental equipment market was worth approximately US$5415 million in 2014, and will likely surge to US$7140 million by the end of 2019. The report is titled 'Dental Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018.' This comprehensive report drills down to the third level of the dental equipment market to throw light on key aspects such as emerging product segments, consumer trends and their impact, types of dental ailments and the resultant demand for diagnosis and treatment, and more.

According to the findings of the report, growth in the dental equipment market is stimulated by new developments in treatment procedures as well as the advent of novel technologies that make dental treatments less painful and more effective. Moreover, the role of dentistry in aesthetic and cosmetic procedures is rising. This has broadened the overall consumer base of the dental equipment market. As a result, from largely constituting people suffering from dental problems to a few years ago, a major share of market revenue is now also coming from consumers looking for cosmetic enhancements.

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The report segments and analyzes the global dental equipment market on the basis of product type and geographical region. By product, the dental equipment market is split into six categories, namely: systems and parts, laboratory machines, dental lasers, hygiene maintenance, dental radiology equipment, and others.

At the beginning of the forecast period, the systems and parts market held the largest share within the dental equipment market. This can be attributed to the fact that equipment parts and systems are integral to virtually every other segment within this market. Dental lasers, a relatively new concept for treating diseases of the teeth and gums, were observed as being the smallest segment within the global dental equipment market. However, as is the case with many other fields, the use of lasers will also gather pace in dentistry and dentists will increasingly adopt laser treatment procedures. With this, the dental lasers segment is predicted to be the fastest growing within the global dental equipment market.

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From the geographical standpoint, the high prevalence of diseases of the teeth and gums in North America puts this region in a leading position within the market. North America has the highest incidence of dental caries, creating vast demand for treatment procedures. On the other hand, regions such as Asia Pacific will not show the same level of growth potential as that of North America and Europe. The key restraining factors for the growth of the dental equipment market in Asia Pacific are the high cost of specialized dental treatments and a slow rate of adoption of advanced techniques. These restraints are further compounded by the general lack of awareness about the latest dental treatment procedures among patients in the Asia Pacific market.

Browse the full Dental Equipment Market (Dental Extraoral & Intraoral Radiology, Dental Lasers, Cone Beam CT Systems, Laboratory Machines, Hygiene Maintenance Devices, Chairs and Light Cure Equipment) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 Press Release at http://www.transparencymarketresearch.com/pressrelease/dental-devices-market.htm

This report by TMR also profiles prominent players in the global dental equipment market, such as: Straumann, Noble Biocare, 3M ESPE, A- Dec Inc., Biolase Inc, Sirona Dental Systems Inc., Danaher Corporation, Midmark Corporation, Henry Schein, Inc., and others