Dental Diagnostic And Surgical Equipment Market Is Expected To Reach USD 12.7 Billion By 2028
San Francisco, 28 Aug 2023: The Report Dental Diagnostic And Surgical Equipment Market Size, Share & Trends Analysis Report By Product (Dental Diagnostic Equipment, Dental Surgical Equipment), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2021 - 2028
The global dental diagnostic and surgical equipment market size is anticipated to reach USD 12.7 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.2% from 2021 to 2028. The market is likely to be driven by technological advancements such as the introduction of CAD/CAM technology and 3D imaging. CAD technology aids in the design of better and faster dental prostheses, while 3D imaging aids in accurate and faster patient diagnosis and treatment planning.
High expenses are a major concern, according to a study conducted by the Canadian Academy of Health Sciences, and Canada's most vulnerable residents have the highest rates of toothache, decay, and disease; nonetheless, they have limited access to much-needed healthcare amenities. The majority of surgeon services and hospital therapy costs are covered by publicly funded healthcare systems.
The market is driven by the rising incidence of dental disorders, increasing desire for minimally invasive and painless procedures, and technological advancements, for example - CAD/CAM systems, scaling units, instrument delivery systems, dental lasers, radiography equipment, and cone-beam computed tomography (CBCT) scans. Dental problems in the elderly, such as caries, oral candidiasis, and xerostomia, are driving the demand for medical devices.
COVID-19 had changed everyone for a challenging lifestyle and the dentists have their specific role in preventing cross-infection by upgrading their dental clinics. The COVID-19 pandemic outbreak has somehow affected the market as well. Some factors are restraining the growth of the market. In this pandemic, doctors are being cautious while utilizing dental equipment for treatment, since even a minor lapse in following protocols and taking measures can be expensive. COVID-19 has had a devastating impact on the dentistry profession, and with the pandemic continuing on the rise, determining the degree and severity of its long-term impact is impossible at this moment. In 2020, dental practice revenue fell by an average of 6% for the whole year. The start of 2020 was promising, with practitioners reporting a 4%–5% rise in completed hygiene visits. Performance significantly worsened when forced shutdowns began in March.
Access Research Report of Dental Diagnostic And Surgical Equipment Market @ https://www.grandviewresearch.com/industry-analysis/dental-diagnostics-and-surgical-equipment-market
Dental Diagnostic And Surgical Equipment Market Report Highlights
- The dental surgical equipment segment held the largest revenue share in 2020 because of the high demand to treat dental caries, cavities, tooth decay, periodontitis, gingivitis, oral candidiasis, xerostomia, and various types of oral cancer and injuries
- The intra oral radiology equipment segment was identified as the leading segment in 2020 as it produces high-quality diagnostic radiographs which further helps in choosing the appropriate treatment plan
- North America dominated the market owing to an increase in disposable income, the awareness level of patients, and the rising demand for specialized dental treatment
- In Asia Pacific, the market is anticipated to grow significantly over the forecast period. This is majorly contributed by the large population and rapid urbanization coupled with increasing awareness in this region
Dental Diagnostic And Surgical Equipment Market Report Scope
Report Attribute | Details |
Market size value in 2021 | USD 7.3 billion |
Revenue forecast in 2028 | USD 12.8 billion |
Growth rate | CAGR of 8.2% from 2021 to 2028 |
Base year for estimation | 2020 |
Historical data | 2016 - 2019 |
Forecast period | 2021 - 2028 |
List of Key Players of Dental Diagnostic And Surgical Equipment Market
- Carestream Health
- Danaher Corporation
- KaVo Kerr
- Biolase Technologies
- Zolar Dental Laser
- 3M Company
- Ivoclar Vivadent AG
- American Medicals
- Henry Schein
- Midmark Diagnostic Group
Access Press Release of Dental Diagnostic And Surgical Equipment Market @ https://www.grandviewresearch.com/press-release/global-dental-diagnostics-and-surgical-equipment-market
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