Dental Equipment Market worth $7,138.9 Million by 2019 - New Research Report by MarketsandMarkets
(PRWEB) October 10, 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% between 2014 and 2019.
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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. Factors such as rising aging population, increasing demand for cosmetic dentistry, and growing dental tourism industry are driving the growth of the dental equipment market. Furthermore, owing to the continuous advancements in technology, new and innovative devices are being launched in the market, which is another major factor providing impetus for the growth of this market.
The dental equipment market is witnessing significant growth across the globe due to factors such as rising aging population, increasing demand for cosmetic dentistry, and growing dental tourism industry. Furthermore, numerous conferences are being organized across the globe, thereby increasing market awareness about technological developments, availability of new products, and oral hygiene in the dental equipment market. In addition, favorable regulatory environment in the emerging economies have opened a wide array of opportunities in the dental equipment market.
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.
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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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