Dallas, TX -- (SBWire) -- 09/16/2014 --The Report "Dental Equipment Market (Dental Radiology, CAD/CAM, Dental Chairs, Dental Lasers) Current Trends, Opportunities - Global Forecast to 2019" provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the dental equipment market along with the estimates and forecasts of the revenue and share analysis.
Browse 95 market data tables and 61 figures spread through 167 pages and in-depth TOC on “Dental Equipment Market”
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The global dental equipment market is expected to reach $7,138.9 million by 2019 from $5,416.3 million in 2014, growing at a CAGR of 5.7% from 2014 to 2019.
Dental equipment systems are used for the diagnosis and treatment of oral diseases. These devices help detect abnormalities and diseases such as oral cancer. Factors such as the rising aging population, increasing demand for cosmetic dentistry, and dental tourism drive the growth of this market. Technological advancements, which help in the introduction of new and innovative devices in the market, are another major factor driving the growth of the market. The relatively untapped Asian markets have opened an array of opportunities for the market to grow. However, factors such as lack of reimbursements may restrain the growth of this market.
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The report segments this market on the basis of product and geography. On the basis of products, the market is categorized into three segments, namely, dental systems and equipment, dental lasers, and dental radiology equipment. Among various products, dental systems and equipment and dental radiology equipment have the largest shares in 2014.
Dental radiology equipment comprises the second largest segment in the market. This segment was further categorized into extraoral radiology, intraoral radiology, and hybrid units. The extraoral radiology segment is expected to grow at the highest CAGR in the dental radiology equipment market. The growth can be attributed to the increasing demand for the cone beam computed tomography (CBCT) systems.
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Based on geography, the global dental equipment market is segmented into Americas, Europe, Asia, and the Rest of the World (RoW). Americas accounted for the largest share of this market in 2014. The large share of the North American region is attributed to the government support in terms of formation of legislation, grants and funding, and the rising awareness of dental equipment.
The prominent players in the Dental Equipment Market are 3M Company (U.S.), A-dec Inc. (U.S.), BIOLASE Technology (U.S.), Carestream Health (U.S.), Danaher Corporation (U.S.), Dentsply International (U.S.), Ivoclar Vivadent (Liechtenstein), Midmark Corporation (U.S.), Planmeca Oy (Finland), and Sirona Dental Systems Inc. (U.S.).
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Dental Equipment Market Worth $7,138.9 Million by 2019
Dental Equipment Market (Dental Radiology, CAD/CAM, Dental Chairs, Dental Lasers) Current Trends, Opportunities - Global Forecast to 2019