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.
Author Credits: Radhika Pawar
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