Zion Market Research

Global Dental Equipment and Consumables Market Set for Rapid Growth, to Reach Around $ 48.1 Bn by 2024

Global dental equipment and consumables market expected to generate a revenue of around USD 48.1 billion by end of 2024, growing at a CAGR of around 6.9% between 2018 and 2024. The global dental equipment and consumables market is primarily driven by worldwide growing incidences of oral health problems and dental disorders coupled with technological advancements in CAD/CAM.

 

Sarasota, FL -- (SBWIRE) -- 10/03/2018 -- Zion Market Research has published a new report titled "Dental Equipment and Consumables Market by Product (Equipment (Dental Lasers, Dental Radiology Equipment, Laboratory Machine, Systems & Parts, Hygiene Maintenance, and Others) and Consumables (Dental Prosthetics, Dental Anesthetics, Dental Syringes, Endodontic, Others)), by End-User (Hospitals, Ambulatory Surgical Centers, Dental Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024". According to the report, global dental equipment and consumables market was valued at approximately USD 30.2 billion in 2017 and is expected to generate a revenue of around USD 48.1 billion by end of 2024, growing at a CAGR of around 6.9% between 2018 and 2024.

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Oral diseases including cavities to oral cancer or removing of teeth can cause pain and disability for millions of people each year. A number of dental equipment and consumables tools are used by dental experts, to offer dental treatment. They include tools to observe, operate, treat, repair and remove teeth and nearby oral structures. All these tools are used by the dental experts to operate on tissues during a dental examination. Dental equipment and consumables are an essential part of the dental practice. Growing intake of sugars and insufficient consumption of fluorides increases the risk of dental problems worldwide.

The global dental equipment and consumables market is primarily driven by worldwide growing incidences of oral health problems and dental disorders coupled with technological advancements in CAD/CAM. However, the excess price of dental treatment and lack of reimbursement policies may hinder the market growth. Whereas, increasing aging population incidences of dental disorders are creating opportunities for dental equipment and consumables market in the coming years.

The dental equipment and consumables market is classified on the basis of product, end-user, and region. On the basis of product, the market is segmented into equipment and consumables. Consumables segment held the largest revenue generating segment in the dental equipment and consumable market for the year 2017 due to the increased use of dental endodontic products, prosthetics, and syringes. The large requirement for fixed as well as removable prosthesis will considerably impel the segment growth in the forthcoming years. Equipment segment is further divided into dental lasers, hygiene maintenance, dental radiology equipment, systems & parts, laboratory machine, and others. The consumable segment is further divided into dental prosthetics, dental syringes, dental anesthetics, endodontic, and others. On the basis of end-user, the market is divided into hospitals, ambulatory surgical centers, dental clinics, and others.

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North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa are the key regional segments of global dental equipment and consumables market. North America is projected to dominate the global dental equipment and consumables market. Intensifying demand for cosmetic surgery, unhealthy eating routine, excess sugar consumption, coupled with a large number of patients with dental problems in the region are the major factors responsible for the market growth. On the other hand, Europe will witness an immense potential for the development, due to the widespread presence of global market players introducing advanced techniques.

Asia Pacific region is experiencing a major outbreak in the international dental equipment and consumables market due to the growing awareness and developing medical tourism. Latin America is another important regional market and is estimated to grow at a moderate rate in the future due to the rising healthcare infrastructure and awareness among the people for dental diseases. The Middle East and Africa are anticipated to witness a significant growth during the forecast period.

Some of the key players in dental equipment and consumables market are A-Dec, Inc., AMD Lasers, Danaher Corporation, BioLase, Carestream Dental LLC, Dentsply Sirona, GC Orthodontics America, Ivoclar Vivadent Aktiengesellschaft, Henry Schein, Kerr Corp., Midmark Corporation, Patterson Companies, Straumann Holdings AG, Planmeca OY, 3M, and Zimmer Dental, among others.

Browse the full "Dental Equipment and Consumables Market" report at https://www.zionmarketresearch.com/report/dental-equipment-and-consumables-market

This report segments the global dental equipment and consumables market as follows:

Global Dental Equipment and Consumables Market: by Product

Equipment
Dental Lasers
Dental Radiology Equipment
Laboratory Machine
Systems & Parts
Hygiene Maintenance
Others
Consumables
Dental Prosthetics
Dental Anesthetics
Dental Syringes
Endodontic
Others

Global Dental Equipment and Consumables Market: by End-User Channel

Hospitals
Ambulatory Surgical Centers
Dental Clinics
Others

Global Dental Equipment and Consumables Market: by Region

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa