Dental equipment are tools used by dentists for diagnosis and treatment of dental problems. Primarily, dental equipment are used by dentists to examine, restore, and extract teeth, and manipulate oral tissues. Dental examination tools consist of dental mirrors, periodontal probe, and straight probe. Extraction or surgical instrument includes dental forceps, dental elevators, and dental chisels.
Major factor driving growth of the global dental equipment market is increasing incidence of oral diseases such as oral xerostomia and oral cancer among individuals across the globe. Additionally, technological advancement in dental equipment, increasing number of dental clinics and practitioners globally, and growing demand for cosmetic dentistry are other factors expected to propel growth of the target market over the forecast period.
High costs associated with procurement and maintenance of advanced dental equipment are key factors restraining growth of the target market. In addition, lack of consumer awareness about available dental medication facilities especially in developing countries and stringent government guidelines for product development and use are some other factors expected to hamper growth of the global market over the forecast period.
The global dental equipment market is segmented on the basis of product type, end user, and region. On the basis of region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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North America market accounted for highest share in terms of revenue in the global market, as compared to that of markets in other regions. This can be attributed to developments in dental equipment such as introduction of laser and electro surgery techniques and increasing use of dental equipment in countries in the region. The market in Europe is expected to account for second-highest share in terms of revenue, owing to increasing government spending on healthcare and favorable reimbursement policies for dental equipment in the region. The market in Asia Pacific is expected to witness considerable growth and is expected to register highest CAGR of X.X% in the target market over the forecast period.
Prominent players in the global dental equipment market include 3M Company, Danaher Corporation, BIOLASE, Inc., Carestream Health Inc., GC Corporation, Straumann Holding AG, DENTSPLY SIRONA Inc., A-dec Inc., Patterson Companies, Inc., and Planmeca Oy.