Dental Equipment Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 4.5 % through 2020 to 2027, reaching US$ XX Mn. The report has covered Country Market trends with competitive landscape.
Key players of Dental Equipment Market are Ivoclar Vivadent Ag, Biolase, Inc., Amd Lasers, Carestream Health, Planmeca Oy, Danaher Corporation, Dentsply Sirona Dentsply, Henry Schein, Inc., Patterson Companies Inc., Institut Straumann Ag, 3m Espe Health, Inc., Noble Biocare.
The development can be attributed to key factors like increasing demand for dental techniques, the occurrence of dental disorders, & an increase in medical tourism actions about these procedures. Furthermore, increasing geriatric populace & demand for defensive, restorative, & surgical facilities for dental care is likely to increase the development.
Promising government initiatives about dental hygiene is another factor pushing market development. In current years, governments of many countries are initiating the improvements in the development of dental health. For example, the 2016-17 Budget of Australia was enclosed to carry a reform through a Single National Child & Adult Public Dental Scheme & allocated almost USD 1.29 Bn towards public facilities for dental care.
High treatment charge for orthodontic procedures & related dentist consultation charges, x-rays, scans, & other tests, in North America & Europe. To offset these high out of pocket charges, an increasing number of people are choosing for medical tourism in developing healthcare destinations like India, Turkey, Hungary, & others. Dental tourism in the above-mentioned countries are witnessing profitable development because of factors like low labor & fixed charges & minimum government intervention. For example, Hungary is the top destination in Europe for dental tourism with almost 7,000 visitors every year. The low value of these procedures is the main influence attributed to this development. For example, root canal treatment in the U.S. starts from $ 550 while in Hungary it is around $ 69 only. Zirconium crowns charge over $ 1,250 in the U.S. while it charges only $ 440 in Hungary.
North America led with the maximum market share of 29.86 percent in 2018. The key suppliers include technological developments, increasing demand for cosmetic surgeries, & rising geriatric population & numbers of dentists & dental clinics. Furthermore, the growing number of collaborations between healthcare suppliers & research groups backed by research allowances are the other reasons contributing to regional development. In 2018, the U.S. held the major market share thanks to the growing geriatric population prone to dental complications & the occurrence of sophisticated infrastructure. Furthermore, technical developments about the development of novel equipment like digital X-rays for tooth cavity detection & high-resolution broadcast systems, are anticipated to increase the growth.
Maximize Market Research, a global Market research firm with a dedicated team of specialists and data has carried out extensive research about Global Dental Equipment Market. The report encompasses the Market by different segments, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the Market, further giving an insight into the Market dynamics and future opportunities that might exist in Global Dental Equipment Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing Market know-how of our clients and at the same time explain Global Dental Equipment Market positioning of competitors.
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