The global ”dental equipment market” size is expected to gain momentum by reaching USD 16.07 billion by 2027 while exhibiting a CAGR of 9.6% between 2020 and 2027. This is attributable to the growing preference for digital dental x-ray and the rising geriatric population that is projected to drive the demand for advanced dental equipment. Fortune Business Insights published this information in its latest report, titled, “Dental Equipment Market Size, Share Industry Analysis, By Product Type (Dental Radiology Equipment, Dental Lasers, Dental Surgical Navigation Systems, Dental CAD/CAM Equipment, Dental Chairs, and Others) and By End-User (Hospitals, Dental Clinics, and Others), 2020-2027.” The report further mentions that the market stood at USD 8.89 billion in 2019 and is likely to experience considerable growth in the forthcoming years.
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Major Dental Equipment Market Key players covered in the report include:
- Institut Straumann AG (Basel, Switzerland)
- Dentsply Sirona (Pennsylvania, United States)
- VATECH (South Korea)
- A-dec Inc. (Newberg, Oregon, United States
- BIOLASE, Inc. (Irvine, United States)
- Carestream Health, Inc. (New York, United States)
- Ivoclar Vivadent AG (Schaan, Liechtenstein)
- Danaher (Washington, D.C., United States)
- Other Prominent Players
Dental Equipment Market Analysis 2021:
Rising Geriatric Population to Augment Growth
The rising geriatric population is leading to several dental ailments that is anticipated to propel the demand for advanced dental equipment. Additionally, the increasing dental disorders is driving the manufacturers to develop innovative dental equipment across the globe. For instance, the growing preference for digital dental x-ray equipment that aids in significant cost reduction and better image processing is expected to boost the global dental equipment market growth during the forecast period.
Dental Radiology Equipment Held 46.4% in 2019
The dental radiology equipment segment, based on product, held a market share of about 46.4% in 2019 and is anticipated to showcase exponential growth backed by the growing preference for advanced dental radiology equipment that enables efficient image processing systems.
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