Dental Equipment Market to Reach a Valuation of USD 10.52 Billion by 2029 - Exclusive Report by Exactitude Consultancy
Exactitude Consultancy
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Luton, Bedfordshire, United Kingdom, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Dental Equipment Market.
The global Dental Equipment Market is expected to grow at 6.9% CAGR from 2022 to 2029. It is expected to reach above USD 10.52 billion by 2029 from USD 5.4 billion in 2020.
Despite the high frequency of dental problems, various factors are limiting the dental equipment market growth. For example, laser treatments are prohibitively expensive due to the high cost of the technology. Dental lasers range in price from USD 6700 to USD 78000, based on a variety of factors such as features, delivery methods, wavelength, and add-on components. Another important problem impeding dental equipment market expansion is limited reimbursement policies for dental treatment plans and insurance carriers that do not cover dental treatment as part of their Mediclaim policy.
The use of digital dental imaging systems, dental CBCT systems leading to advancements in dental equipment
The features of real teeth may now be replicated thanks to advancements in dental materials and treatments. Cosmetic teeth whitening, for example, is one of the most popular in-office cosmetic dentistry operations. As a result, the emphasis on creating new technologies and dental materials is projected to open up new potential for dental equipment manufacturers.
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Regional outlook- North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa are the five primary areas in which the dental equipment market is split. Europe, North America, and Asia Pacific accounted for the majority of the dental equipment market in 2020. The increased demand for aesthetic dentistry and the rising patient population for dental problems are primarily driving growth in developed regions throughout Europe and North America. The largest growth rates are predicted in emerging economies throughout APAC and Latin America, owing to expanding dental tourism, less regulations, and an increase in the number of healthcare facilities.
Dental Equipment Market- Growing competition among key players, increasing horizontal and vertical expansion is further expected to fuel the growth of Dental Equipment Market. Dental Equipment Market Scope and Segmentation
Attributes
Details (Current Scenario)
Base-Year
2021
Historic Data
2016-2021
Forecast Period
2022-2029
Dental Equipment Market Regions Covered
North America
Europe
Asia Pacific
South America
Middle East and Africa
product Type
Therapeutic Dental Equipment
Diagnostic Systems
Dental Imaging Software
by Treatment
Orthodontic
Endodontic
Periodontic
Prosthodontic
CAGR (Dental Equipment Market)
6.9% (Current Market Analysis)
Largest Regional market
38% (North America)
Customization Available
Yes, the report can be customized as per your need. (Free 15% Customization)
The high cost of dental equipment limits market expansion.
Despite the high frequency of dental problems, various factors are limiting the dental equipment market growth. For example, laser treatments are prohibitively expensive due to the high cost of the technology. Dental lasers range in price from USD 6700 to USD 78000, based on a variety of factors such as features, delivery methods, wavelength, and add-on components. Another important problem impeding dental equipment market expansion is limited reimbursement policies for dental treatment plans and insurance carriers that do not cover dental treatment as part of their Mediclaim policy.
The use of digital dental imaging systems, dental CBCT systems leading to advancements in dental equipment
The features of real teeth may now be replicated thanks to advancements in dental materials and treatments. Cosmetic teeth whitening, for example, is one of the most popular in-office cosmetic dentistry operations. As a result, the emphasis on creating new technologies and dental materials is projected to open up new potential for dental equipment manufacturers.
What are the Dental Equipment Market factors that are explained in the report?
Dental Equipment Market Estimates and Forecasts (2022-2029)
Key Drivers and Restraints Shaping Market Growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Brand Share and Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Demand for Dental Equipment and How to Navigate
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