Increasing
prevalence of tooth related diseases and infection is anticipated to drive the dental
equipment market. Continuous increasing population coupled with changing
food habits like more consumption of chocolates, junk food, tobacco and alcohol
instead of fruits and green vegetables is likely to push the market for dental
equipment. Continuous innovation in technology has bought a revolutionary
change in dental market owing to its cost effectiveness, simplicity and
noticeable difference. Owing to the growing incidents of dental caries and
other periodontal diseases, the tooth implantation market is expected to
witness lucrative growth over the forecast period. The dental radiology
equipments are anticipated to show significant growth rate in coming five years
due to improved quality and high efficiency.
Some of
the other factors like rising geriatric population, availability of
sophisticated technology and rising cases to tooth loss is likely to drive the
global dental equipment market. Developing economies possess huge potential
market for dental equipment owing to continuously increasing targeted
population and increasing awareness about dental care. Heavy taxation in
medical devices and expensive digital dental equipment are the main restrain of
this market. Growing medical tourism is also anticipated to provide
significant growth opportunity in the dental equipment market. Globalization
has provided a huge platform to developed nations to produce the same dental
equipment at a much lower cost by outsourcing its production.
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Product
Insights
The
global dental equipment market is divided into dental radiology equipment,
dental lasers, dental system and parts, hygiene maintenance devices, laboratory
machines and others. Dental system and parts products was consisting the
largest market share in 2013. Owing to its operation in real time using
computer aided devices and computer aided machines. This segment is expected to
show significant growth rate by 2020 due to advancement in technologies in form
of cone beam CT system. Dental system and parts is further classified into
instrument delivery system, cone beam Ct system market, vacuum &
compressors, cast machine, furnace and ovens, CAD/CAM, electrosurgical
equipment and other dental system and parts. CAD/CAM market was the largest
market in 2013 by its revenue. CAD/CAM is anticipated to show excellent growth
over the forecast period. Owing to its wide rand implementation in 3-unit and
4-unit tooth bridge implantation and crowns. Its ability to produce relatively
more precise prosthesis/restoration and speedy production process.
Regional
Insights
The global dental equipment market is divided into North
America, Europe, Asia Pacific and RoW. North America was the most dominant
region in 2013 by revenue. Owing to increasing investment in research and development,
continuous rising geriatric population and technical advancement in healthcare
are the main drivers which will continue to propel the growth of this region
over the forecast period. Asia Pacific region includes China, India, Japan,
South Korea, Brazil and other Asian nations are expected to be the fastest
growing segment in coming five years owing to increasing population base, huge
unserved potential market and continuous improvement in technology. This region
possess a huge idle market for dental equipment, there is a gap between demand
and supply of dental treatment in this region.
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Competitor Insights
3M Company, Midmark Corporation, A-dec, Inc., Carestream
Health, Danaher Corporation, BIOLASE Technology, Dentsply International,
Ivoclar Vivadent, Planmeca Oy, and Sirona Dental Systems Inc. are some of the
key market players of dental equipment market. The market is highly competitive
and monopolistic in nature. Firms are going through many mergers, acquisition,
geographical expansion and new product development to gain the maximum market
share. Since the market is highly competitive firms are continuously improving
their product to survive in long run.
Table of Contents
Chapter 1. Executive Summary
1.1. Dental Equipment - Industry
Summary and Critical Success Factors (CSFs)
Chapter 2. Dental Equipment Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Dental Equipment Market Dynamics
2.3.1. Impact Analysis of Market
Drivers
2.3.2. Market Drivers Analysis
2.3.2.1. Growing demand for dental
tourism
2.3.2.2. Growing global geriatric
population base
2.3.2.3. Introduction of technological
advancements in the field of dentistry
2.3.3. Impact Analysis of Market
Restraints
2.3.4. Market Restraints Analysis
2.3.4.1. Increase in demand for
refurbished dental equipment
2.3.4.2. High cost of advanced
technologies pertaining to the field of dentistry
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Dental Equipment - Company Market
Share Analysis
2.7. Dental Equipment Market PESTEL
Analysis, 2012
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