Dental Equipment Market Revenue Will Reach USD 11,632.4 Million by 2030, Says P&S Intelligence
NEW YORK, March 21, 2023 /PRNewswire/ -- The global dental equipment market size is projected to be USD 11,632.4 million by 2030, growing at a CAGR of 7.9%, according to P&S Intelligence.
This development can be credited to the fast growth in the elderly populace and the ensuing rise in the occurrence of edentulism, deskbound lifestyles, boom in dental tourism activities in developing countries, customers' strong concentration on aesthetics, escalation in the occurrence of oral health problems in the younger populace, and availability of advanced equipment.
Moreover, the government initiatives to encourage oral health are projected to boost the growth of the market.
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Increasing Occurrence of Teeth Issues
The surge in the count of individuals with oral issues, such as oro-dental trauma, periodontal disease, and oral cancer, leads to the industry growth. The WHO's Global Oral Health Status Report 2022 projects that almost 3.5 billion individuals globally have oral conditions, with 3 out of the every 4 affected individuals existing in middle-income nations.
Growing Elderly Population Drives Dental Device Demand
One of the major factors responsible for the snowballing frequency of oral issues is the growing elderly populace worldwide.
By 2030, as per the WHO, 1 in 6 individuals worldwide will be 60 years or older, and this populace will quickly surge from 1 billion in 2020 to 1.4 billion by the end of this decade.
Furthermore, by 2050, the global populace of individuals aged 60 or more will be 2.1 billion, effectively double of what it was in 2020. Likewise, the count of people aged 80 years and above is projected to triple between 2020 and 2050, to 426 million.
It becomes rather difficult to maintain oral wellbeing after a certain age, because of the physical incapability and the fact that many of these people remain inside their homes most of the time.
Adjustable Articulators Are Widely Used
In 2022, adjustable articulators had the largest market share, of around 40%, mainly because they are ideal for the majority of the tooth procedures and thus, regularly used in dental clinics. Moreover, such pieces of equipment are simpler to access in comparison to other modalities.
Browse detailed report on Dental Equipment Market Size, Share, Growth and Demand Forecast to 2030
North America Largest Buyer of All Kinds of Dental Equipment
In 2022, North America held the largest market share, of approximately 45%. This can be ascribed to the constant advancements in dental equipment, including CAD/CAM systems, lasers, digital radiographs, and intraoral cameras.
Moreover, the increasing frequency of oral diseases, quickly evolving lifestyles, ever-changing demographic trends, extensive acceptance of advanced technologies, and growing customer knowledge regarding the link between oral hygiene and overall wellbeing are driving the market.
Moreover, the increasing frequency of equipment launches is fueling device sales to dentists.
Dental Equipment Market Segmentation Analysis in the Report
Dental Equipment Market Analysis by Equipment Type
- Articulators
- Adjustable
- Dental facebow
- Disposable
- Non-adjustable
- Compressors
- Lubricated
- Oil-free
- Formers & Curing Systems
- Pressure plots
- Lab light curing units
- Thermoformers
- Vacuum formers
- Denture curing units
- Furnaces
- Ceramic combination furnaces
- Ceramic furnaces
- Sintering furnaces
- Lab Work Lights
- Lab Workstations
- Laboratory Acrylic Injection Systems
- Laboratory Cleaning & Polishing Systems
- Lab streaming cleaning units
- Lathes
- Ultrasonic cleaners
- Water baths
- Laboratory Die & Casting Systems
- Alloy grinders
- Casting rings & formers
- Die preparation kits
- Divesting machines
- Duplicating kits
- Dental glass droppers
- Electric waxers
- Dental laboratory measuring cups
- Dental liquid dispensers
- Vacuum mixers
- Induction casting machines
- Laboratory Handpieces & Motors
- Laboratory Microscopes
- Laboratory Model Construction
- Pneumatic chisels
- Model saws
- Model trimmers
- Dental organic solvents
- Surfactant sprays
- Vacuum mixers
- Dental vibrators
- Denture reline jigs
- Pinhole drilling units
- Dental Laboratory Sandblasters
- Dental Laboratory Utilities
- Dental Torches & Welders
- Alcohol torches & lamps
- Laser welders
- Micro torches
- Spot welders
- Dental Waxing Equipment
- Electric waxers
- Lab waxing reservoirs
- Digital Dental Lab Systems
- 3D printers
- 3D scanning systems
- CAD/CAM software
- CAD/CAM systems
- Milling units
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