Pune, 15 Dec 2022: According to Maximize Market Research, Dental Equipment Market size was valued at USD 6.2 Bn. in 2021 and the total Insulation revenue is expected to grow by 7.5% from 2022 to 2029, reaching nearly USD 11.05 Bn.
Dental Equipment Market Scope and Research Methodology
The research methodology used to estimate and forecast the Dental Equipment Market began with capturing data on key vendor revenues. The market size of individual segments was determined through various secondary sources including industry associations, white papers, and journals. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up approach was employed to arrive at the overall size of the market, by considering the Dental Equipment adoption rate and pricing by key players, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as Vice Presidents (VPs), directors, and related executives in the market. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.
Dental Equipment Market Overview
The use of temporary bridges and crowns during dental restoration procedures and dental fillings is being reduced as a result of the growing use of computer-aided design (CAD)/computer-aided manufacturing (CAM) in the dentistry industry. Because of its high level of precision in dental restoration and digital orthodontics, it makes treatment processes less time-consuming. These are mostly utilised in dental restoration procedures with custom brackets and detachable dental braces for orthodontic treatments to create milled dental crowns, dentures, dental bridges, and manufactured abutments.
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Dental Equipment Market Dynamics
The factors such as growth in dental problems and rising demand for efficient surgical dental care services are estimated to cushion the growth of the market. Additionally, the rising trend of cosmetic industry and increasing preference for dental consumables such as crowns and bridges over implants also heighten the overall growth of the market. The exorbitant expense of treatment, however, is anticipated to severely slow market expansion.
On the other hand, the market is anticipated to benefit from technology advancements like CAD/CAM and an increase in the number of elderly people. On the other hand, bad reimbursement practises could make it difficult for the market to grow.
Dental Equipment Market Segmentation
by Product Type
o Intra-Oral
o Diode Lasers
o Instrument Delivery systems
o Vacuums & Compressors
o Cone Beam CT Systems
o Cast Machine
o Furnace and Ovens
o Electrosurgical Equipment
o Other System and Parts
o CAD/CAM
o Ceramic Furnaces
Geographically, North America dominated the dental equipment market in 2021, accounting for 38.2 % of total revenue. During the projection period, the region is expected to grow at a high rate. The rising geriatric population, strong medical infrastructure, well-established reimbursement policies, the presence of key market players, and advancements in preventive and restorative dental treatments are all contributing factors. Furthermore, according to the American Dental Association, 85.0 % of Americans place a high value on dental health and consider it an important part of overall health. North America will emerge as the most potential market as a result of the confluence of all of these variables.
Dental Equipment Market Key Competitors:
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Key questions answered in the Dental Equipment Market are:
Maximize Market Research is leading medical research firm, has also published the following reports:
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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