Dental equipment are type of tools that are employed by dental professionals while offering dental treatment to a patient. Dental equipment helps the dental professionals in restoring, removing teeth, examining, and other dental treatments. These tools similarly aid the dental professionals in manipulating tissues subsequently to get an appropriate visual access during the dental treatment. Dental equipment has application in dental clinics and hospitals for dental ailments together with gingival diseases and caries. OBRC analysis estimates global dental equipment market to grow at CAGR 5.2% during the forecasted period 2016-2023.The latest advancement in the dental equipment industries is trending in the global dental equipment market. Noteworthy innovations in the year 2016 have concentrated several once cutting-edge technologies obsolete, recent developments such as nonsurgical periodontal therapies, digital radiography, non-invasive laser techniques, and, dental cone beam imaging. these imaging systems can create detailed 3d digital models of a patient’s anatomy. The major driving factor of the global dental equipment market are growing incidence of dental caries and other periodontal diseases, upsurge in ageing population, growing demand for cosmetic dentistry and rapid adoption of innovative technologies (CAD/CAM). The major restraining factor of the global dental equipment market are heavy taxation on dental devices and lack of awareness regarding dental equipments.
The growing incidence of dental caries and other periodontal diseases acts as a major driving factors for the dental equipment market, as the dental equipment is employed to for caries diagnosis. Dental caries is a major difficulty in most of the countries, according to the WHO; it affects about 60 to 90% of school children and the enormous majority of adults. In U.S. over 40% of children have dental cavities by the time they reach kindergarten. Dental caries affects over one-fourth of U.S children ages 2 to5, half of those ages twelve to fifteen, and about 90% adults of U.S over age of 40. Severe periodontal disease, causes tooth loss, this is found in 15–20% of middle aged (35-44 years) adults. According to Centers for Disease Control and Prevention, approx. 90% of individuals of age 20 or above have had cavities globally. The dental caries affects a large proportion of American Indian and Alaska Native, the United States general population children experienced about 22.7% dental caries, and the American Indian experienced about 67.40% dental caries, however United States general population children have about 10% untreated decay and the American Indian have about 48.8% untreated decay. This shows big concern with the prevalence of dental caries and untreated decay.
Source: OBRC Analysis
The report on global dental equipment market includes products type.
- Product type is segmented into:
- Diagnostic Dental Equipment
- Dental Lasers
- Systems and Parts
- Laboratory Machines
- Hygiene Maintenance Devices
- Other Equipment
The report scope is widely categorized on the basis of its equipment type which include diagnostic dental equipment, dental lasers, systems and parts, laboratory machines and hygiene maintenance devices. Moreover, the market revenue estimates and forecast includes hardware systems.
The global dental equipment market report has been geographically segmented in:
- North America (U.S. & Canada)
- Asia Pacific (China, India, Japan, RoAPAC)
- Europe (UK, France, Germany, RoE)
- Rest of World
North America held the dominating share, geographically due to the highest occurrence of oral health problems in North America. According to the Centers for Disease Control and Prevention, in U.S., percent of children aged 2-17 with a dental visit in the past year is around 84.7% in the year 2015. Hence, it makes a high demand for dental procedures, which thus, increased the demand for dental equipment. The Asia-Pacific (APAC) is anticipated to be the fastest growing region during the forecast period, mostly due to the thriving healthcare market and growing dental tourism. The number of foreign tourist came to India on a medical visa has augmented by about 140% from the year 2013 to 2015. In the year 2014, more than 75000 people visited India on a medical visa. This number increased to over 1.34 lakh in the year 2015.
Global dental equipment market report covers segmentation analysis of product type. Report further covers segments of products type which includes include diagnostic dental equipment, dental lasers, systems and parts, laboratory machines and hygiene maintenance devices. Systems & parts segment is the dominating segment in the product segment. Widespread applications of systems & parts conducting any procedures accredited to the domination of systems & parts segment. Dental lasers are expected to grow with a fastest CAGR during 2016-2023. Growing in demand for minimally invasive procedures and cosmetic dentistry is anticipated to increase the growth in this segment during the forecast period. Moreover, the benefits associated with these lasers are also anticipated to subsidize towards the worthwhile growth of the dental lasers segment. This aids comprise higher precision, accuracy in procedures for example removal of the enamel decay deprived of affecting gum tissue, bone and lower chances of hairline cracks and fractures caused due to conventionally used high-speed drills.
The major market players of the global Dental equipment market are:
- Straumann
- Sirona Dental Systems
- Noble Biocare
- ESPE
- 3M ESPE
- Henry Schein
- Danaher
- Others
These companies are using various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, merger & acquisition is the key strategy adopted by the companies in the dental equipment market.
For example: in the year 2016, Sirona Dental Systems Inc. of New York City and York-based Dentsply International Inc. announced that they are merging to produce the world's major manufacturer of professional dental technologies and products.
In the year 2015, DentalEZ, a major supplier of services and products for dental health professionals globally, it introduces the new RAMVAC Amalgam HoG, a high-efficiency filtration system intended to carefully remove harmful waste in an ecologically way.
The report covers detailed analysis of companies which comprises overview, SCOT analysis, product portfolio, strategic initiative, strategic analysis, competitive landscape and market share analysis in dental equipment market.
Key reason to buy the report:
- The report includes market estimation, forecast and analysis for the year 2016-2023
- Report includes detailed analysis of different segments such as product of dental equipment.
- Identify and understand the strength, opportunities, challenges and threat of the dental equipment market.
- Covers details analysis of Porters 5 force model and other strategic models and also covers revenues, market share analysis, and competitive landscape analysis of major players of dental equipment market.
- Detailed analysis of various the regulatory policies which are affecting the global dental equipment market.
How we are different from others:
At Occam’s we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global dental equipment market offers detailed analysis of strategic models such as investment vs. adoption model, see saw analysis and others strategic models. Also, the report contains the detailed analysis of application, adoption scenario and decision support for each segment. The report discusses competitive landscape of the dental equipment market, with giving extensive SCOT analysis of key companies.
Key findings of the global dental equipment market:
- Incidence of dental caries and other periodontal diseases is adding growth in global dental equipment market.
- North America held highest revenue share in 2016.
- Systems & parts segment held the large revenue share in 2016 due to widespread applications of systems & parts conducting any procedures.
- Acquisition is the key strategy adopted by players of dental equipment market.