Dental Equipment Market size was over USD 11.84 billion in 2023 and is projected to exceed USD 25.88 billion by 2036, growing at over 6.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of dental equipment is assessed at USD 12.43 billion.
The growth of the market can be attributed to the growing geriatric population and increasing demand for cosmetic dentistry. Cosmetic dentistry refers to the procedure of improving the appearance of the teeth and gums by making modifications in their shape, size, alignment, position, and colors. Additionally, people above 65 years are more likely to suffer from tooth decay, gum diseases, disturbed root canal, and others. Based on data provided by the World Bank, in 2020, the global geriatric population was stated to be 723,484,054. Moreover, according to the report provided by the National Library of Medicine (NLM), it was stated that by the age of 74, 26% of people lose their permanent teeth entirely while 69% of adults aged between 35 to 44 lose one permanent tooth due to some accident. Furthermore, dental equipment are the devices that are utilized by dentists for oral care and detecting and curing dental diseases. People are becoming more aware of dental problems than before, and are seeking every possible way to keep their teeth healthy. All these factors are anticipated to influence the market positively over the forecast period.
Growth Drivers
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
6.2% |
Base Year Market Size (2023) |
USD 11.84 billion |
Forecast Year Market Size (2036) |
USD 25.88 billion |
Regional Scope |
|
The market is segmented by end-user into hospitals, clinics, and laboratories, out of which, the hospital segment is anticipated to hold the notable share during the forecast period in the global dental equipment market on account of a higher patient pool and better facility of equipment. Hospitals have separate dental departments along with laboratories to conduct requisite tests.
Our in-depth analysis of the global market includes the following segments
By Equipment Type |
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By End-User |
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North America Market Statistics
Regionally, the global dental equipment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. North America is set to account for largest revenue share by 2036, on the back of increasing geriatric population and higher prevalence of dental implants. One of the major growth drivers in the region is estimated to be the higher geriatric population. The young population of the region is also projected to require essential dental care during the forecast period owing to the significant change in lifestyle. In a report provided by the Centers for Disease Control and Prevention (CDC) in 2020, it was stated that 63.0% of adults aged 18 in the region visited dentists while in 2018, the percentage for children between 2 to 17 was estimated to be 85.9%.
APAC Market Analysis
The market in the Asia Pacific region is estimated to garner noteworthy revenue share over the forecast period owing to the increasing awareness regarding oral health, and rising availability of advanced medical facilities in the developing regions. Based on a report provided by the Indian Journal of Dental Research (IJDR), 0.1 to 0.3 million dental implants are received by people annually.
May 20, 2022: Straumann Group announces the acquisition of PlusDental, a substantial provider of doctor-led orthodontic treatment solutions in the Europe region.
May 5, 2022: Midmark merges path with Jeff Carter, Pat Carter, IIDA, and DDS of Practice Design Group to work on ImpactDesign workshops to enhance the clinical environment.
Author Credits: Radhika Pawar
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