High prevalence rates of dental disorders such as dental caries in North America and Europe is expected to drive market growth over the next six years.
San Francisco, California (PRWEB) April 03, 2014
The global dental equipment market is expected to reach USD 8,453.7 million by 2020, according to a new study by Grand View Research Inc. Growing demand for dental tourism in emerging Asian markets, increasing adoption rates of advance technologies such as CAD/CAM enabling expedited manufacturing of dental prosthetics and the presence of robust reimbursement frameworks in North America are expected to be primary growth drivers for the market over the next six years. Increasing prevalence of dental disorders in developed markets with high patient awareness levels such as North America and Europe are expected to have a positive impact on market growth over the forecast period.
The report “Dental Equipment Market Analysis And Segment Forecasts To 2020” is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/dental-equipment-market.
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Further Key findings from the study suggest:
- The dental systems and parts product segment dominated the overall market and was valued at USD 2,206.2 million in 2013, owing to high usage rates of instrument delivery systems and growing market penetration rates of cone beam CT systems and CAD/CAM. Cone beam CT systems offer lower exposure risks and render higher quality images and the precision attained in dental prosthetics via the use of CAD/CAM technology are some of the factors responsible for their growing market penetration rates.
- The global dental lasers market is expected to grow at the fastest CAGR of 8.5% from 2014 to 2020, on account of the increasing demand for cosmetic and minimally invasive surgical procedures.
- North America was the largest regional market and was valued at USD 2,409.7 million in 2013. The presence of high prevalence rates of dental caries, sophisticated healthcare infrastructure, high patient awareness levels and robust reimbursement framework in the U.S. and Canada are some of factors accounting for its large market share. Europe followed North America in terms of market size in 2013 and is expected to grow at the highest CAGR of 5.3% from 2014 to 2020, primarily due to the presence of high incidence rates of dental disorders and the presence of a well defined dental healthcare provision framework in Western Europe.
- Some of the major players of this market include Danaher Corporation, Dentsply International, A-Dec Inc., Carestream Health, Sirona Dental Systems, Planmeca Oy and others.
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For the purpose of this study, Grand View Research has segmented the dental equipment market on the basis of product and region:
- Global Dental Equipment Product Outlook (Revenue, USD Million, 2012 - 2020)
• Dental Radiology Equipment
• Digital X-ray Units
• Digital Sensors
• Digital Units
• Analog Units
• Dental Lasers
• Diode Lasers
• Quantum Well Lasers
• Distributed Feedback Lasers
• Vertical Cavity Surface Emitting Lasers
• Heterostructure Lasers
• Quantum Cascade Lasers
• Separate Confinement Heterostructure Lasers
• Vertical External Cavity Surface Emitting Lasers
• Carbon Dioxide Lasers
• Yttrium Aluminium Garnet Lasers
• Systems & Parts
• Instrument Delivery systems
• Vacuums & Compressors
• Cone Bean CT Systems
• Cast Machine
• Furnace and Ovens
• Electrosurgical Equipment
• Other Systems and Parts
• Laboratory Machines
• Ceramic Furnaces
• Hydraulic Press
• Electronic Waxer
• Suction Unit
• Micro Motor
• Hygiene Maintenance Devices
• Air Purification and Filters
• Hypodermic Needle Incinerator
• Other Equipment
• Hand Piece
• Light Cure
• Scaling Unit
- Dental Equipment Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• Asia Pacific
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