Dental Equipment Market Size, Share & Trends Analysis Report By Product (Radiology Equipment, Lasers, Systems & Parts, Laboratory Machines, Hygiene Maintenance Device), And Segment Forecasts, 2019 - 2025

Industry Insights 

The global dental equipment market size was valued at USD 7.66 billion in 2018 and is projected to expand at a CAGR 4.5% during the forecast period. The growth can be attributed to key factors such as rising demand for dental procedures, the prevalence of dental disorders, and a rise in medical tourism activities about these procedures. Furthermore, rising geriatric population and demand for preventive, restorative, and surgical services for dental care is likely to boost the growth.

Favorable government initiatives about dental hygiene is another factor propelling market growth. In recent years, governments of many countries are initiating reforms for the development of dental health. For instance, the 2016-17 Budget of Australia was framed to deliver a reform through a Single National Child and Adult Public Dental Scheme and allocated nearly USD 1.29 billion (AUD 1.7 billion) towards public services for dental care. Furthermore, according to Germany’s healthcare policies; 87.5% of its total population is a member of “sick funds”- a not-for-profit organization. It provides free basic dental services accompanied with several advanced options such as orthodontics, crowns, and bridges.

High treatment cost for orthodontic procedures and associated dentist consultation charges, x-rays, scans, and other tests, in North America and Europe. To offset these high out of pocket costs, a rising number of people are opting for medical tourism in emerging healthcare destinations such as India, Turkey, Hungary, and others. Dental tourism in the above-mentioned countries is witnessing lucrative growth owing to factors such as low labor and fixed costs and minimum government intervention.

For instance, Hungary has emerged as the top destination in Europe for dental tourism with approximately 7,000 visitors every year. The low price of these procedures is the key factor attributed to this growth. For instance, root canal treatment in the U.S. starts from USD 550 while in Hungary it is only around USD 69. Zirconium crowns cost over USD 1,250 in the U.S. while it costs only USD 440 in Hungary.

Product Insights

Based on the product, the market is segmented into dental radiology, lasers, systems, and parts, laboratory machines, hygiene equipment, other equipment. In 2018, systems and parts held the largest market share of 39.9%. However, dental lasers' equipment is expected to witness the fastest CAGR of 6.8% over the forecast period.

The systems and parts segment are further divided into instrument delivery systems, vacuums and compressors, cone beam CT systems, cast machines, furnace and ovens, electrosurgical equipment, and CAD/CAM, among others. CAD/CAM held the largest share of the systems and parts segment in 2018. CAD/CAM techniques are rapidly substituting die-casting techniques in terms of technological superiority, which is expected to drive the dental equipment market during the forecast period. However, cone beam CT systems are likely to witness the fastest CAGR during the forecast period. These systems generate images of tissues and other adjoining parts of the tooth and aid in delivering more precise treatment.

The dental lasers segment is further categorized into diode lasers, carbon dioxide lasers, and yttrium aluminum garnet lasers. They find application in diagnostic and surgical procedures as they significantly reduce treatment time. Key advantages associated with these devices include regeneration of ligament tissues and bones, elimination of bleeding, and surgery discomforts. As a result, these lasers are expected to witness lucrative growth in the forthcoming years. Moreover, technological advancements have further increased its market revenue enabling the use of portable lasers in-home care settings to enhance patient comfort. Increasing adoption of lasers among dentists and general practitioners, technological advancements about developing cost-effective diodes, and low operational cost and high accuracy are the other factors that are likely to boost the market growth in the coming years.

In 2018, yttrium aluminum garnet lasers held the dominant share of the dental lasers segment. It is also anticipated to expand at the fastest CAGR during the forecast period. Low penetration and rapid healing of scars are among the key benefits associated with these lasers. Additionally, these lasers minimize post-operative pain and eliminate sutures in many complicated cases.

Regional Insights

North America led with the highest market share of 29.6% in 2018. The key contributors include technological advancements, rising demand for cosmetic surgeries, and growing geriatric population and numbers of dentists and dental clinics. Furthermore, the increasing number of collaborations between healthcare providers and research organizations backed by research grants can be the other factors contributing to regional growth.

In 2018, the U.S. held the largest market share owing to the increasing geriatric population prone to dental problems and the presence of sophisticated infrastructure. Furthermore, technological advancements about the development of novel equipment such as digital X-rays for tooth cavity detection and high-resolution screening systems, are expected to upsurge the growth.

Asia Pacific is anticipated to witness the fastest CAGR of 4.9% over the forecast period. Increasing adoption among dentists for advanced treatment options for orthodontic applications, a growing number of favorable government initiatives, rising population, and high prevalence of oral cancer are among the factors expected to drive the regional market.

Growing penetration of cosmetic implants is one of the significant factors propelling demand for these products from the Asia Pacific. Furthermore, the introduction of novel technologies such as advanced dental anesthesia solutions including the Intra ligament injection anesthesia system, to minimize complications in orthodontic procedures are expected to boost the market growth. Additionally, increasing geriatric population coupled with increased susceptibility to tooth disorders is expected to boost the regional product usage. Rapid development in rural healthcare services and unmet medical needs are some of the factors attributed to the rapid growth of the market in this region.

Dental Equipment Market Share Insights

Few significant market players include Denstply International Inc.; A-Dec Inc.; Planmeca Oy; Sirona Dental Systems Inc.; Patterson Companies Inc.; Straumann; GC Corporation; Carestream Health Inc.; Biolase Inc.; Danaher Corporation; and 3M. New product development is the key strategy adopted by the companies to gain a competitive edge. The key players with strong financials, product portfolio, and regional presence are Danaher Corporation; Dentsply International Inc.; Sirona Dental Systems; and Planmeca Oy.

Each of these companies has a strong presence in its target segments. For instance, Danaher Corporation has a strong portfolio in x-ray systems, Sirona has a good market presence in CAD/CAM and 2D and 3D imaging. Dentsply International has a strong presence in endodontic treatment and implant surgery, while Planmeca Oy has a robust portfolio in CAD/CAM software solutions and 2D/3D imaging systems.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country-level and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For this study, Grand View Research, Inc. has segmented the global dental equipment market report based on product and region:

• Product Outlook (Revenue, USD Million, 2014 - 2025)

  • Dental Radiology Equipment

    • Intra-Oral

      • Digital X-Ray Units

      • Digital Sensors

    • Extra-Oral

      • Digital

      • Analog

  • Dental Lasers

    • Diode Lasers

      • Quantum Well Lasers

      • Distributed Feedback Lasers

      • Vertical Cavity Surface Emitting Lasers

      • Heterostructure Lasers

      • Quantum Cascade Lasers

      • Separate Confinement Heterostructure Lasers

      • Vertical External Cavity Surface Emitting Lasers

    • Carbon Dioxide Lasers

    • Yttrium Aluminum Garnet Lasers

  • Systems & Parts

    • Instrument Delivery Systems

    • Vacuums & Compressors

    • Cone Beam CT Systems

    • Cast Machine

    • Furnace & Ovens

    • Electrosurgical Equipment

    • CAD/CAM

    • Other Systems and Parts

  • Laboratory Machines

    • Ceramic Furnaces

    • Hydraulic Press

    • Electronic Waxer

    • Suction Unit

    • Micro Motor

  • Hygiene Maintenance Devices

    • Sterilizers

    • Air Purification and Filters

    • Hypodermic Needle Incinerator

  • Other Equipment

    • Chairs

    • Hand Piece

    • Light Cure

  • Scaling Unit

• Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • Spain

    • France

    • Italy

    • Russia

  • Asia Pacific

    • Japan

    • China

    • India

    • South Korea

    • Singapore

    • Australia

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • MEA

    • South Africa

    • Saudi Arabia

    • UAE