PR Newswire
JERSEY CITY, N.J., Nov. 1, 2023
The "Global Dental Equipment Market Size By Type, By Treatment, By End User, By Geographic Scope And Forecast" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Dental Equipment Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., Nov. 1, 2023 /PRNewswire/ -- The Global Dental Equipment Market is projected to grow at a CAGR of 12.35% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 6.20 Billion in 2022 and is expected to reach USD 17.68 Billion by the end of the forecast period.
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Browse in-depth TOC on "Dental Equipment Market"
202 - Pages
126 – Tables
37 – Figures
Global Dental Equipment Market: A Comprehensive Insight into Industry Trends and Challenges
Verified Market Research®, recently released an in-depth report on the Dental Equipment Market, shedding light on crucial insights and trends shaping the dental healthcare industry. This professional market research report provides a comprehensive overview of dental equipment, its market drivers, challenges, and the impact of the COVID-19 pandemic.
Dental Equipment Market: Pioneering Healthcare Excellence
Dental equipment, the backbone of dental healthcare, encompasses specialized tools vital for diagnosing, treating, and monitoring dental disorders. From facilitating intricate teeth removal procedures to enabling detailed examinations and manipulations of oral structures, dental equipment ensures precision and efficiency in dental practices worldwide.
Driving Forces and Industry Trends
The report emphasizes key drivers propelling the global Dental Equipment Market. With the aging global population facing escalating dental issues, coupled with the surge in dental caries and periodontal diseases, market demand has surged. Additionally, the rising demand for cosmetic dentistry, technological advancements in imaging techniques, and the proliferation of dental clinics contribute to market expansion. Factors such as poor oral hygiene, lifestyle choices, medications, and stress further fuel dental problems, creating a steady market demand.
Overcoming Challenges and Adversities
Despite its growth trajectory, the Dental Equipment Market faces challenges, notably the high costs associated with advanced procedures like laser treatments. For instance, dental lasers can range from USD 6,700 to USD 78,000, posing financial constraints. The absence of reimbursement schemes for dental treatments and limited insurance coverage compound these challenges. However, industry experts continue to innovate, striving to overcome these obstacles and provide accessible dental care solutions.
Navigating the Impact of COVID-19
The COVID-19 pandemic has presented unprecedented challenges for the dental equipment industry, disrupting production cycles and leading to event cancellations. Prominent expos like KRAKDENT 2020 have faced setbacks. Notably, the outbreak has impacted sales in the Asia Pacific region, with an estimated decline of at least USD 31 million. Despite these challenges, industry leaders remain resilient, adapting strategies to navigate the evolving landscape.
Key Players and Industry Insights
The report highlights key players in the Global Dental Equipment Market, including Danaher Corporation, A-Dec Inc., Denstply International Inc., GC Corporation, Planmeca Group, and others. These industry leaders employ diverse strategies, contributing to their market share and global ranking. The Competitive Landscape section offers detailed insights into their development strategies and market positioning, providing stakeholders with valuable information for strategic decision-making.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Dental Equipment Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Dental Equipment Market into Type, Treatment, End User, And Geography.
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