Published Date : May 11, 2016
The rise in dental complications and the increasing awareness regarding dental hygiene have resulted in the growth of the global dental equipment market. Dental equipment forms an important part of dental diagnostics and the various treatment technologies and rapid technological innovations have laid a strong groundwork for the expansion of this market.
The global market for dental equipment is segmented on the basis of product into systems and parts, hygiene maintenance devices, dental radiology equipment, laboratory machines, and other equipment. By geography, this market is divided into Asia, Europe, North America, and Rest of the World.
Use of Dental Lasers Propelled by Minimally Invasive Procedures
Although the segment of dental lasers accounts for a small share in the overall dental equipment market, the demand for the same is anticipated to increase in the coming years. Research experts predict that the rising use of dental lasers in several minimally invasive surgical procedures is likely to boost this segment to expand at a considerable pace.
Dynamics of Global Dental Equipment Market to be impacted by Growth of Medical Tourism
The cost of dental surgeries and procedures has been exorbitant in developed countries such as the United States and the United Kingdom and as a result, the demand for dental implant surgeries is most likely to drop in these countries in the coming years. This shift in dynamics has compelled several patients to look to countries where dental surgeries are not only cheaper but also of superior quality. The Asia Pacific region, as a result, is anticipated to expand at a remarkable pace in the foreseeable future. The demand for implants and several other dental equipment is consequently going to rise in this region, especially in countries such as Malaysia, China, and India.
The most prominent companies competing in this space include Biolase Inc., Henry Schein Inc., A-dec Inc., Dentsply International Inc., Ivoclar Vivadent AG, Sirona Dental Systems, CareStream HealthGC Corporation, Planmeca Oy, and Danaher Corporation.