Company Insights
Increasing prevalence of tooth related diseases and infection is
anticipated to drive the dental equipment market. Continuous increasing
population coupled with changing food habits like more consumption of
chocolates, junk food, tobacco and alcohol instead of fruits and green
vegetables is likely to push the market for dental equipment.
Continuous innovation in technology has bought a revolutionary change
in dental market owing to its cost effectiveness, simplicity and
noticeable difference. Owing to the growing incidents of dental caries
and other periodontal diseases, the tooth implantation market is
expected to witness lucrative growth over the forecast period. The
dental radiology equipments are anticipated to show significant growth
rate in coming five years due to improved quality and high efficiency.
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Some of the other factors like rising geriatric population,
availability of sophisticated technology and rising cases to tooth loss
is likely to drive the global dental equipment market. Developing
economies possess huge potential market for dental equipment owing to
continuously increasing targeted population and increasing awareness
about dental care. Heavy taxation in medical devices and expensive
digital dental equipment are the main restrain of this market. Growing
medical tourism is also anticipated to provide significant growth
opportunity in the dental equipment market. Globalization has provided a
huge platform to developed nations to produce the same dental equipment
at a much lower cost by outsourcing its production.
Product Insights
The global dental equipment market is divided into dental radiology
equipment, dental lasers, dental system and parts, hygiene maintenance
devices, laboratory machines and others. Dental system and parts
products was consisting the largest market share in 2013. Owing to its
operation in real time using computer aided devices and computer aided
machines. This segment is expected to show significant growth rate by
2020 due to advancement in technologies in form of cone beam CT system.
Dental system and parts is further classified into instrument
delivery system, cone beam Ct system market, vacuum & compressors,
cast machine, furnace and ovens, CAD/CAM, electrosurgical equipment and
other dental system and parts. CAD/CAM market was the largest market in
2013 by its revenue. CAD/CAM is anticipated to show excellent growth
over the forecast period. Owing to its wide rand implementation in
3-unit and 4-unit tooth bridge implantation and crowns. Its ability to
produce relatively more precise prosthesis/restoration and speedy
production process.
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Regional Insights
The global dental equipment market is divided into North America,
Europe, Asia Pacific and RoW. North America was the most dominant region
in 2013 by revenue. Owing to increasing investment in research and
development, continuous rising geriatric population and technical
advancement in healthcare are the main drivers which will continue to
propel the growth of this region over the forecast period. Asia Pacific
region includes China, India, Japan, South Korea, Brazil and other Asian
nations are expected to be the fastest growing segment in coming five
years owing to increasing population base, huge unserved potential
market and continuous improvement in technology. This region possess a
huge idle market for dental equipment, there is a gap between demand and
supply of dental treatment in this region.
Competitor Insights
3M Company, Midmark Corporation, A-dec, Inc., Carestream Health,
Danaher Corporation, BIOLASE Technology, Dentsply International, Ivoclar
Vivadent, Planmeca Oy, and Sirona Dental Systems Inc. are some of the
key market players of dental equipment market. The market is highly
competitive and monopolistic in nature. Firms are going through many
mergers, acquisition, geographical expansion and new product development
to gain the maximum market share. Since the market is highly
competitive firms are continuously improving their product to survive in
long run.
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