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Dental equipment market to reach USD 9.04 billion by 2022 according to market forecasts

The dental equipment market was worth USD 6.90 billion in 2016 and is expected to reach USD 9.04 billion by 2022, growing at a CAGR of 4.60% from 2016 to 2022.

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The global dental equipment market report focuses on the major drivers and restraints for market and offers in-depth analysis of the growth trends and revenue forecasts.

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According to the report, the dental equipment market will grow at a healthy Compound Annual Growth Rate (CAGR) during the forecast period. The rising demand in the market is attributed to the rapidly increasing geriatric population around the world, which is giving rise to the age-related dental disorders.

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Apart from that, the rapidly advancing field of dentistry and dental diagnostics is also a significant driving factor for the global market. The strong growth in dental tourism and the rising disposable income are also some other growth drivers for this market.

According to the dental equipment market report, the rising demand for refurbished dental equipment and the high costs of the industry equipment are some of the major restraining factors for this market. The high taxes and a major rise in demand for fluoridation are also expected to hinder the growth of this market during the forecast period.

However, a strong rise in the disposable income across the emerging markets and the rapid technological advancements are expected create growth opportunities for the global market.

The dental equipment market report segments the global market by products, end-users, and the major geographic regions. The product segments include dental diagnostic equipment, dental therapeutic equipment, and general equipment.

The end-user segments include hospitals, clinics, and laboratories. The major geographic regions include North America, Asia-Pacific, Europe, and Rest of the World.

According to the report, North America will dominate the global market based on the geographic share. The Asia-Pacific region is expected to witness the fastest growth during the forecast period.

Browse Report Summary: www.scalarmarketresearch.com/market-reports/dental-equipment-market

The dental equipment market report analyzes some of the key market players, which include:

  • Dentsply Sirona
  • Danaher Corporation
  • Planmeca OY
  • Carestream Health
  • AMD Lasers
  • Biolase, Inc
  • Ivoclar Vivadent AG

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