Dental Equipment Market is expected to display higher growth rate over the next seven years. Rapid surge in the dental equipment market is credited to technological advancement in dental products to preserve dental hygiene. Growing demand of dental equipment is credited to the factor such as easy to use feature and growth in individual disposable revenue. Globally, the dental equipment industry is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the market.
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The key driving factors responsible for the growth of Dental
Equipment market :
The rise number of initiatives
undertaken by local governmental and private bodies to promote dental hygiene
across the globe is expected to fuel the growth of dental equipment market over
the forecast period. Electrically operated dental equipment perform cleaning as
well as polishing action on teeth. Dental equipment require less time to
perform cleaning and polishing action in comparison with traditional tools.
Additionally, growing popularity
of cosmetic dental treatment among general population in both developed and
developing economies across the globe is anticipated to drive market expansion
in upcoming years. Cosmetic dental treatment allows improvement in aesthetics,
and leads in fresh breath. Such factors are critical in influencing market
growth during the forecast period.
Increasing geriatric population
in both developed and developing economies across the globe amplifies the
market growth, in the years to come. Geriatric population is prone towards
dental diseases due to weakened immunity. Additionally, easy availability of
dental equipment and lowered prices are some of the key factors complementing
market growth in the last couple of years. Increasing demand of dental
equipment by the middle-income and high-income groups are influencing market
growth, in the recent years as well.
The dental equipment industry is
broadly categorized into five major segments based on the product type such as
dental radiology, lasers, systems & parts, laboratory machines, hygiene
equipment. The systems & parts segment is growing rapidly in the dental
equipment market with substantial revenue generation in the last few years.
Growing popularity of the systems & parts segment is attributed to the
growing demand for instrument delivery systems, vacuums & compressors, cone
beam CT systems, cast machines and furnace and ovens. The lasers segment has
also witnessed substantial growth owing to the introduction of cost efficient
devices such as diode lasers, carbon dioxide lasers, and yttrium aluminum
lasers.
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